Talvivaara Mining Company Plc: The District Court has granted an extension to the deadline for re-submitting the proposal for reorganisation programme


Stock Exchange Release
Talvivaara Mining Company Plc
30 January 2015



 The District Court has granted an extension to the deadline for re-submitting
                                  the proposal
                   for Talvivaara's reorganisation programme

The  District Court of  Espoo has granted  an extension to  the deadline for re-
submitting  the proposal for  the reorganisation programme  of Talvivaara Mining
Company  Plc ("Talvivaara" or the "Company")  until 13 March 2015, as applied by
the Administrator.

Talvivaara evaluates possibilities of participating in the operations of the new
mining  company in connection  with the bankruptcy  estate of Talvivaara Sotkamo
deciding on the sale of the Sotkamo mine to a new operator.

Talvivaara's  ability to continue its operations  on going concern basis and the
content  of the supplemented reorganisation programme  will be based on the role
that  the Company may have in the  future operations of the mine. This potential
role  can  only  be  defined  when  the Talvivaara Sotkamo bankruptcy estate has
agreed on the sale of the mine and the identity of the future operator is known.



Enquiries

Talvivaara Mining Company Plc Tel +358 20 7129 800
Pekka Perä, CEO
Pekka Erkinheimo, Deputy CEO

Pekka Jaatinen, Attorney-at-Law Tel +358 20 7765 765
Castrén & Snellman Attorneys Ltd



[HUG#1890582]

Attachments

Talvivaaran Corp  Reorg deadline extension.pdf