Outokumpu Oyj - Total number of voting rights and capital

Outokumpu Oyj - shares subscribed with the Outokumpu Oyj 2003c stock options and the increase in share capital

STOCK EXCHANGE RELEASE
March 9, 2011 at 10.00 am EET

Between January 18 and March 1, 2011 a total of 40 500 shares have been
subscribed for with the 2003C stock options (FI0009649412). As a result of the
share subscriptions the share capital of Outokumpu Oyj has increased by EUR
68 850.00.

The increase in share capital has been entered into the Finnish trade register
on March 9 and the subscribed shares will be listed on the NASDAQ OMX Helsinki
Ltd and trading will commence along with the old shares as of March 10, 2011.

The shares and share capital of Outokumpu Oyj following the increase in share
capital are:

Trading code: OUT1V
ISIN code: FI0009002422
Number of shares: 183 018 749
Share capital: EUR 311 131 873.30

The subscription period for stock options 2003C expired on the 1st of March
2011. Outokumpu has currently no stock option programmes in place.

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 7 500 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#1495335]

Attachments:

ENG Stock options 2003C 9.3.2011.pdf