Talvivaaran Kaivososakeyhtiö Oyj - Company Announcement

Talvivaara Mining Company Plc: Flagging notification in accordance with Chapter 9 Section 5 of the Finnish Securities Market Act

Stock Exchange Release
Talvivaara Mining Company Plc.
16 April 2013


  Flagging notification in accordance with Chapter 9 Section 5 of the Finnish
                             Securities Market Act


Talvivaara  Mining Company Plc  ("Company") has today  on 16 April 2013 received
the attached flagging notification in accordance with Chapter 9 Section 5 of the
Finnish  Securities  Market  Act  from  Solidium  Oy  regarding  the  shares  of
Talvivaara  Mining Company  Plc. According  to the  notification the holdings of
Solidium  Oy have increased to 16.70% of shares and voting rights of the Company
(above 10% and 15%).

Attachment:

 1. Name of the target company

Talvivaara Mining Company Plc

 2. Basis for the flagging obligation

Acquisition of shares

 3. Date of the change

16 April 2013

 4. Number of the shares and voting rights preceding the triggering transaction:

24,210,053 shares and voting rights

Number of the shares and voting rights following the triggering transaction:
318,329,000 shares and voting rights corresponding to 16.70% of the shares and
voting rights of the Company

 5. Name of shareholder and business identification code

Solidium Oy, Business ID 2245475-9


Enquiries

Talvivaara Mining Company Plc. Tel: +358 20 7129 800
Saila Miettinen-Lähde, Deputy CEO and Chief Financial Officer
Pekka Erkinheimo, Chief Commercial Officer

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

[HUG#1693331]

Attachments:

Talvivaara - Holdings in Company 16.4.2013 Solidium.pdf