Outokumpu Oyj Stock Exchange Release March 28, 2007 Outokumpu Board decisions at their first meeting The Board of Directors of Outokumpu has today at its first meeting appointed two permanent committees consisting of Board members - the Audit Committee and the Nomination and Compensation Committee. Members to the Board Audit Committee were re-elected as follows: Mr. Ole Johansson (Chairman), Ms. Leena Saarinen and Mr. Taisto Turunen. Members to the Board Nomination and Compensation Committee were also re-elected as follows: Mr. Jukka Härmälä (Chairman), Mr. Evert Henkes and Ms. Anna Nilsson-Ehle. OUTOKUMPU OYJ Corporate Management Ingela Ulfves Vice President - Investor Relations tel. +358 9 421 2438, mobile +358 40 515 1531, fax +358 9 421 2125 e-mail: ingela.ulfves@outokumpu.com www.outokumpu.com