Talvivaara's rights offering oversubscribed by the end of

Stock Exchange Release
Talvivaara Mining Company Plc
9 April 2013

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO
THE  UNITED STATES, CANADA, AUSTRALIA,  HONG KONG, SOUTH AFRICA  OR JAPAN OR ANY
OTHER JURISDICTION IN WHICH THE DISTRIBUTION OR RELEASE WOULD BE UNLAWFUL.


   Talvivaara's rights offering oversubscribed by the end of the subscription
                                     period


Based  on subscriptions made  by the end  of the subscription period, Talvivaara
Mining   Company  Plc's  ("Talvivaara")  approximately  EUR  261 million  rights
offering   was   oversubscribed.  Subscriptions  were  received  in  respect  of
approximately  1 579 million  offered  shares  pursuant  to subscription rights,
representing  96.7 per  cent  of  the  1 633 857 840 offered shares. Taking into
account  the subscriptions received without subscription rights in the secondary
subscription  the offering  was significantly  oversubscribed by  the end of the
subscription period.

The  subscription  period  for  the  rights  offering  ended on 5 April 2013 and
trading in interim shares (TLV1VN0113), representing the offer shares subscribed
for pursuant to subscription rights, commenced on 8 April 2013.


Enquiries
Talvivaara Mining Company Plc Tel +358 20 7129 800
Pekka Perä, CEO
Saila Miettinen-Lähde, Deputy CEO and CFO

Talvivaara Mining Company Plc
Talvivaara Mining Company is an internationally significant base metals producer
with  its  primary  focus  on  nickel  and  zinc  using  a  technology  known as
bioheapleaching  to extract metals out  of ore. Bioheapleaching makes extraction
of  metals  from  low  grade  ore  economically  viable. The Talvivaara deposits
comprise  one of the largest known sulphide  nickel resources in Europe. The ore
body  is  estimated  to  support  anticipated  production  for  several decades.
Talvivaara has secured a 10-year off-take agreement for 100 per cent of its main
output  of nickel and cobalt to Norilsk Nickel and entered into a long-term zinc
streaming  agreement with Nyrstar  NV. Talvivaara is  listed on the London Stock
Exchange  Main Market and NASDAQ OMX  Helsinki. Further information can be found
at www.talvivaara.com.

[HUG#1691804]
Talvivaara's rights offering oversubscribed by the end of the subscription period

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