Outokumpu Oyj - Company Announcement

Outokumpu Oyj signed EUR 750 million revolving credit facility

STOCK EXCHANGE RELEASE
1 June 2011 at 4.40 pm EET


Outokumpu has today signed a three-year EUR 750 million revolving credit
facility, with an option to extend it by one year in June 2012 and 2013. This is
a committed credit facility to be used for general corporate purposes and it
replaces the comparable three-year facility signed in June 2009. The loan
agreement includes a financial covenant based on gearing.

Banks acting as Mandated Lead Arrangers and Bookrunners are Nordea,
Handelsbanken Capital Markets Svenska Handelsbanken AB (publ.), Danske Bank,
Pohjola Bank plc, and Merchant Banking and Skandinaviska Enskilda Banken AB
(publ.).The Royal Bank of Scotland plc and Crédit Agricole Corporate and
Investment Bank act as Mandated Lead Arrangers and BNP Paribas Corporate and
Investment Banking and J.P. Morgan plc as Arrangers.

Nordea and Handelsbanken Capital Markets Svenska Handelsbanken AB (publ.) acted
as Coordinators. Nordea is the Facility Agent for this facility.

For further information please contact:

Esa Lager, CFO, tel. +358 9 421 2516
Renny Bång, VP - Finance, tel. +358 9 421 3862, mobile: +358 40 592 6264

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


[HUG#1520765]

Attachments:

ENG RCF renewal 1.6.2011.pdf