Form 51-102F3

Material Change Report

Item 1	Name and Address of Company
	Silver Standard Resources Inc. 1400 - 999 West Hastings Street Vancouver, BC V6C 2W2
Item 2	Date of Material Change
	January 5, 2012
Item 3	News Release
	The news release dated January 5, 2012 was disseminated through Marketwire’s Combined Canadian Timely Disclosure Network.
Item 4	Summary of Material Change
	The Company announced the appointment of Gregory J. Martin as Senior Vice-President and Chief Financial Officer of the Company, effective January 31, 2012.
Item 5	Full Description of Material Change
	5.1 Full Description of Material Change
	See news release dated January 5, 2012.
	5.2 Disclosure for Restructuring Transactions
	Not applicable.
Item 6	Reliance on subsection 7.1(2) of National Instrument 51-102
	Not applicable.
Item 7	Omitted Information
	Not applicable.
Item 8	Executive Officer
	Kristen Riddell, Vice President, General Counsel and Corporate Secretary 604.689.3846
Item 9	Date of Report
	Dated at Vancouver, BC, this 5th day of January, 2012