SHARE REPURCHASE 2.11.2007


Outokumpu Oyj            ANNOUNCEMENT        2.11.2007


SHARE REPURCHASE  2.11.2007

In the Helsinki Stock Exchange

Trade date              2.11.2007
Bourse trade            BUY
Share                   OUT1V
Amount                  250.000               shares
Total cost              6.170.532,66          EUR
Average price/ share    24,6821               EUR
Highest price/ share    24,85                 EUR
Lowest price/ share     24,50                 EUR


Outokumpu Oyj now holds a total of 718.603 shares
including the shares repurchased on 2.11.2007.


On behalf of Outokumpu Oyj

NORDEA BANK FINLAND PLC

Petri Simberg         Jarkko Järvinen