Shares subscribed with the Outokumpu Oyj 2003 A stock options and the increase in share capital

STOCK EXCHANGE ANNOUNCEMENT
February 18, 2009 at 11.00

Between January 1, 2009 and February 9, 2009 a total of 126 910
shares have been subscribed for with the 2003 A stock options
(FI0009629133). As a result of the share subscriptions the share
capital of Outokumpu Oyj has increased by EUR 215 747.00.

The increase in share capital has been entered into the Finnish trade
register on February 18, 2009 and the subscribed shares will be
listed on the NASDAQ OMX Helsinki and trading will commence along
with the old shares as of February 19, 2009.

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

Trading code: OUT1V
ISIN code: FI0009002422
Number of shares: 181 578 793
Share capital: EUR 308 683 948.10

The next filing of increase in share capital into the trade register
will take place on or about March 11, 2009 and listing of shares on
the NASDAQ OMX Helsinki on or about March 12, 2009.

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