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COUGHLIN STOIA GELLER RUDMAN & ROBBINS LLP FILES CLASS ACTION SUIT AGAINST STURM, RUGER & COMPANY, INC.

New York – August 13, 2009 – Coughlin Stoia Geller Rudman & Robbins LLP (“Coughlin Stoia”) (http://www.csgrr.com/cases/rgr/) today announced that a class action has been commenced on behalf of an institutional investor in the United States District Court for the District of Connecticut on behalf of purchasers of Sturm, Ruger & Company, Inc. (“Sturm Ruger” or the “Company”) (NYSE: RGR) common stock between April 23, 2007 and October 29, 2007 (the “Class Period”).

If you wish to serve as lead plaintiff, you must move the Court no later than 60 days from today. If you wish to discuss this action or have any questions concerning this notice or your rights or interests, please contact plaintiff’s counsel, Samuel H. Rudman or David A. Rosenfeld of Coughlin Stoia at 800/449-4900 or 619/231-1058, or via e-mail at djr@csgrr.com. If you are a member of this class, you can view a copy of the complaint as filed or join this class action online at http://www.csgrr.com/cases/rgr/. Any member of the putative class may move the Court to serve as lead plaintiff through counsel of their choice, or may choose to do nothing and remain an absent class member.

The complaint charges Sturm Ruger and certain of its officers and directors with violations of the Securities Exchange Act of 1934. Sturm Ruger’s primary business is the design, manufacture and sale of firearms.

The complaint alleges that, during the Class Period, defendants made positive statements about the Company’s revenues and earnings. As alleged in the complaint, these statements were materially false and misleading because defendants misrepresented and/or failed to disclose the following adverse facts, among others: (i) that the reductions in inventory balances by Sturm Ruger in the first and second quarters of 2007 had reduced the Company’s parts and components inventories below efficient levels, preventing Sturm Ruger’s manufacturing units from meeting production and shipment schedules and resulting in the Company’s inability to sustain current or historical sales levels; (ii) that Sturm Ruger’s “backlog” of unfilled purchase orders was materially inflated because of the Company’s inability to meet current production and shipping schedules due to inventory shortages; (iii) that orders received from the Company’s independent distributors were artificially boosted by the Company’s mandated change to firm and noncancellable purchase order submissions and were not reflective of actual demand for the Company’s products; (iv) that Sturm Ruger’s independent distributors were carrying large quantities of the Company’s unsold products, increasing the risk that these distributors would reduce or curtail their future purchases; and (v) that based on the above, defendants had no reasonable basis for their positive statements and opinions concerning Sturm Ruger’s current financial performance and condition.

The truth came out on October 24, 2007, when the Company announced that its firearm sales for the third quarter of 2007 fell 26%, resulting in a loss of $0.03 per share, and that sales had declined due to inventory issues at its distributors. Following this news, the price of Sturm Ruger’s common stock fell by $6.45 per share, closing at $10.65 per share – a one-day decline of more than 37% on volume of 4.1 million shares.

Plaintiff seeks to recover damages on behalf of all purchasers of Sturm Ruger’s common stock during the Class Period (the “Class”). The plaintiff is represented by Coughlin Stoia, which has expertise in prosecuting investor class actions and extensive experience in actions involving financial fraud.

Coughlin Stoia, a 190-lawyer firm with offices in San Diego, San Francisco, Los Angeles, New York, Boca Raton, Washington, D.C., Philadelphia and Atlanta, is active in major litigations pending in federal and state courts throughout the United States and has taken a leading role in many important actions on behalf of defrauded investors, consumers, and companies, as well as victims of human rights violations. The Coughlin Stoia Web site (http://www.csgrr.com) has more information about the firm. Contact: Coughlin Stoia Geller Rudman & Robbins LLP Samuel H. Rudman, 800-449-4900 David A. Rosenfeld djr@csgrr.com