Talvivaaran Kaivososakeyhtiö Oyj - Company Announcement

Changes in the time schedule of Talvivaara's corporate reorganisation

Stock Exchange Release
Talvivaara Mining Company Plc
26 March 2014



     Changes in the time schedule of Talvivaara's corporate reorganisation



The  district  court  of  Espoo  has  today  decided to extend the deadlines for
reports on the financial status of Talvivaara Mining Company Plc (the "Company")
and  Talvivaara Sotkamo Ltd until 11 April  2014 as applied by the administrator
of  the corporate reorganization. According to  the previous ruling of the court
on  17 January  2014 the  reports  were  to  be  submitted  by 28 March 2014. As
previously  announced, the Companytogether  with the administrator  is in active
discussions regarding additional financing solution and the progress and results
of these discussions are seen as having a material impact on the contents of the
reports.



Enquiries



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

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



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.  Talvivaara  is  listed on the London Stock
Exchange  Main Market and NASDAQ OMX  Helsinki. Further information can be found
at www.talvivaara.com.

[HUG#1771906]

Attachments:

Changes in the time schedule of Talvivaara's corporate reorganisation.pdf