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Outokumpu Oyj Stock Exchange Announcement June 3, 2008 at 9.45
Annulment of the unallocated 2003C stock options
In 2006 and 2007 the 2003C stock options were allocated to Outokumpu Group's key personnel according to set performance criteria. At the moment a total of 102 500 stock options are held by nine key persons. The number of unallocated stock options is 1 597 500. Outokumpu Oyj does not intend to allocate these unallocated stock options, nor have them used for share subscription. The Board of Directors of Outokumpu Oyj has on June 2, 2008 decided that these 1 597 500 unallocated stock options will be annulled.
The share subscription period with the stock options 2003C is September 1, 2008 - March 1, 2011. The Board of Directors of Outokumpu Oyj has decided not to list the stock options 2003C.
Listing timetable of the stock options 2003
Increases in share capital to the trade register and the listing of shares subscribed with 2003 A, B and C stock options on the OMX Nordic Exchange Helsinki will be made according to the following timetable during 2008 and in 2009:
Subscriptions/payments made on or before 8.9.2008 24.10.2008 18.12.2008 31.12.2008 9.2.2009 2.3.2009 28.4.2009 4.6.2009 7.8.2009 21.9.2009 29.10.2009 17.12.2009 31.12.2009
Estimated date of listing on OMX Nordic Exchange Helsinki 22.9.2008 4.11.2008 2.1.2009 13.1.2009 19.2.2009 12.3.2009 12.5.2009 17.6.2009 19.8.2009 2.10.2009 10.11.2009 4.1.2010 14.1.2010
PCA Corporate Finace Oy, Eteläranta 12, Helsinki, Finland acts as subscription agent.
The terms and conditions of the stock options 2003 have originally been published on April 3, 2003. More information on the stock options is also available in Outokumpu's annual report 2007.
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 e-mail: ingela.ulfves@outokumpu.com www.outokumpu.com
