STOCK EXCHANGE ANNOUNCEMENT 16 January 2012 at 3.30 pm EET The Outokumpu Group will publish the 2011 Annual Accounts Bulletin on Wednesday 1 February 2012 at 8.30 am EET. A combined news conference, conference call and live webcast concerning the Annual Accounts 2011 will be held on 1 February 2012 at 12.00 pm EET (5.00 am US EST, 10.00 am UK time, 11.00 pm CET) at Restaurant Bank, meeting rooms 12-14, address Unioninkatu 20, 00130 Helsinki, Finland. To participate via a conference call, please dial in 5-10 minutes before the beginning of the event: UK +44 203 043 2436 US & Canada +1 866 458 4087 Sweden +46 8 505 598 53 Password Outokumpu The news conference can be viewed live via Internet. At the end of this announcement, please find a direct link to the webcast. The stock exchange release and the presentation material will be available before the news conference at www.outokumpu.com/Investors. An on-demand webcast of the news conference will be available as of 1 February 2012 at around 3.00 pm EET at www.outokumpu.com/Investors/Webcasts. OUTOKUMPU OYJ Outokumpu is a global leader in stainless steel with the vision to be the undisputed number one. Customers in a wide range of industries use our stainless steel and services worldwide. Being fully recyclable, maintenance-free, as well as very strong and durable material, stainless steel is one of the key building blocks for sustainable future. Outokumpu employs some 8 000 people in more than 30 countries. The Group's head office is located in Espoo, Finland. Outokumpu is listed on the NASDAQ OMX Helsinki. www.outokumpu.com Link to the webcast [HUG#1577869]