Outokumpu Oyj STOCK EXCHANGE ANNOUNCEMENT July 18, 2008 at 10.00 am

Between May 6, 2008 and July 7, 2008 a total of 380 shares have been subscribed for with the 2003A stock options (FI0009629133). As a result of the share subscriptions the share capital of Outokumpu Oyj has increased by EUR 646,00.

The increase in share capital has been entered into the Finnish trade register on July 18, 2008 and the subscribed shares will be listed on the OMX Nordic Exchange Helsinki and trading will commence along with the old shares as of July 21, 2008.

The shares and share capital of Outokumpu Oyj following the increase in share capital:

Trading code: OUT1V ISIN code: FI0009002422 Number of shares: 181 441 190 Share capital: EUR 308 450 023,00

The next filing of increase in share capital into the trade register will take place on or about September 19, 2008 and listing of shares on the OMX Nordic Exchange Helsinki on or about September 22, 2008.

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



LINK: http://hugin.info/3010/R/1236890/264102.pdf

Outokumpu Oyj

http://www.outokumpu.com

ISIN: FI0009002422

Stock Identifier: XHEL.OUT1V

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