Change In The State Of Finland's Holding In Outokumpu Oyj (HEL:OUT1V)

Outokumpu Oyj (HEL:OUT1V) STOCK EXCHANGE ANNOUNCEMENT December 12, 2008 at 10.30 a.m.

Outokumpu Oyj has been informed on the change in the holding of the State of Finland. On December 11, 2008, the State of Finland has transferred its holding in Outokumpu Oyj to its wholly-owned company Solidium Oy (Business ID 0866693-1). In accordance with the exemption granted in October from the Finnish Financial Supervision Authority, Solidium does not have an obligation to launch a tender offer.

With reference to Section 2, paragraph 9 of the Finnish Market Securities Act and the relevant decision of the Finnish Ministry of Finance, Outokumpu Oyj reports that Solidium Oy holds 56 440 597 shares in Outokumpu Oyj corresponding to 31.10% of the Company's share capital and voting rights.

The share capital of Outokumpu Oyj consists of 181 451 883 shares. Each share has one vote.

OUTOKUMPU OYJ Corporate Management

Ingela Ulfves Vice President - Investor Relations and Financial Communications tel. + 358 9 421 2438, mobile +358 40 515 1531, fax +358 9 421 2125 ingela.ulfves@outokumpu.com www.outokumpu.com

This announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.



LINK: http://hugin.info/3010/R/1277052/284531.pdf

Outokumpu Oyj

http://www.outokumpu.com

ISIN: FI0009002422

Stock Identifier: XHEL.OUT1V