Outotec Oyj - Company Announcement

Outotec to deliver concentrator technology for Hellas Gold in Greece

OUTOTEC OYJ STOCK EXCHANGE RELEASE, OCTOBER 16, 2007 AT 1.15 PM

Outotec has been awarded a contract by Hellas Gold S.A. for the
supply of a large technology package for Hellas Gold's copper-gold
concentrator plant in Skouries in Northern Greece. The total contract
value exceeds EUR 30 million.

Hellas Gold owns three major gold and base metal deposits in Northern
Greece which are the polymetallic deposit at Stratoni, the Olympias
deposit containing gold, zinc, lead and silver, and the Skouries
copper-gold-porphyry deposit.

Outotec's delivery for the Skouries project covers proprietary
technologies for grinding, flotation, thickening and automation
including engineering and commissioning services. Most of the
deliveries will be completed during 2009."This is a significant order for our Minerals Processing division.
The project demonstrates our capabilities to integrate different
process sections and technologies as well as to engineer and deliver
large technology packages for concentrators and thus ensure the best
recoveries from each raw material", says Tapani Järvinen, President
and CEO of Outotec.


For further information please contact:

OUTOTEC OYJ

Jari Rosendal, President - Minerals Processing division
tel. +358 20 529 2700, mobile +358 40 595 1456
e-mail: jari.rosendal(at)outotec.com

Eila Paatela, Vice President - Corporate Communications
tel. +358 20 529 2004, mobile +358 400 817 198
e-mail eila.paatela(at)outotec.com


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