Talvivaaran Kaivososakeyhtiö Oyj - Major shareholder announcements

Holding(s) in Company Talvivaara Mining Company Plc

Stock Exchange Release
08 September 2009

Holdings in Company (Flagging notification in accordance with Chapter
         2, Section 9 of the Finnish Securities Market Act)

Talvivaara  Mining  Company  Plc  ("Talvivaara")  has  received   the
attached flagging notification in accordance with Chapter 2,  Section
9 of the Finnish Securities Market Act from BlackRock, Inc. regarding
the shares of Talvivaara on 07 September 2009.

BlackRock, Inc.  holds  12,104,409  ordinary  shares  of  Talvivaara,
representing in the  aggregate 4.94% percent  of the issued  ordinary
share  capital  and  total  voting  rights  attached  to  shares   in
Talvivaara (under 5%).

Attachment
1. Name of the target company
Talvivaara Mining Company Plc
2. Basis for the flagging obligation
Trades in shares made on 4 September 2009
3. Date when the holdings have changed
4 September 2009
4. Holdings of the target company's voting rights and share capital

BlackRock Inc's total holding in Talvivaara is the following:

Amount     Holdings of total number of      Holdings of voting rights
           shares
12,104,409 4.94%                            4.94%


Pursuant to BlackRock, Inc.'s notice, the holdings of BlackRock, Inc.
are  held  through  a  controlled  undertaking  BlackRock  Investment
Management (UK) Limited (Register No. 2020394, FSA No. 119293)  which
holds 12,104,409 shares  in Talvivaara  (4.94% of  shares and  voting
rights). The  total  number  of Talvivaara's  shares  is  245,176,718
shares, which carry a total of 245,176,718 voting rights.

5. Name of shareholder and business identification code
BlackRock, Inc., USA Tax ID 32-0174421, SEK CIK Code# 0001364742

ENQUIRIES

Talvivaara Mining Company Plc Tel: +358 20 7129 800
Saila Miettinen-Lähde, CFO
Timo Laatio, Investor Relations

Merlin PR Tel: +44 207 653 6620
Tom Randell
Anca Spiridon