Talvivaaran Kaivososakeyhtiö Oyj - Company Announcement

Talvivaara Mining Company Plc: Investigation on-going on Talvivaara's disclosure practices

Stock Exchange Release
Talvivaara Mining Company Plc
28 April 2015




          Investigation on-going on Talvivaara's disclosure practices


In  response to  the recent  coverage in  media (e.g. Helsingin Sanomat 28 April
2015), Talvivaara Mining Company Plc ("Talvivaara" or "Company") confirms that a
number  of current  and former  members of  Talvivaara's Board  of Directors and
management  have  been  or  will  be  heard  in connection with an investigation
relating  to the Company's  disclosure practices. As  the investigation is at an
early  stage, the Company does not currently  have full knowledge of the persons
to be heard in this connection or of the circumstances under investigation.

Talvivaara believes that the investigation will establish the appropriateness of
the  Company's  conduct  in  all  respects,  and emphasizes that the Company has
already  in the past  gone through the  applied disclosure practices extensively
and  in great  detail with  the Financial  Supervisory Authority. Talvivaara has
during  the past several years  given a number of  written clarifications to the
Financial  Supervisory Authority on the details  of its mining operations and on
the  inherent challenges in  predicting its future  operational performance, and
none  of the inquiries has given  rise to any administrative sanctions available
for the Financial Supervisory Authority.


Enquiries

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


[HUG#1915729]

Attachments:

Investigation on-going on Talvivaara's disclosure practices 28.4.2015.pdf