Outotec Oyj - Company Announcement

Outotec announces new operational model, Executive Board and measures to improve efficiency

OUTOTEC OYJ  STOCK EXCHANGE RELEASE, FEBRUARY 9, 2010 AT 9.00 AM

Outotec announces new operational model, Executive Board and measures to improve
efficiency

In order to accelerate the strategy implementation Outotec launches a new
operational model and Executive Board as of April 1, 2010. Additionally the
company will start new efficiency improvement measures targeting at EUR 25
million annualized savings in operational fixed costs."Outotec's objective is to expand the offering and increase value capture in our
current core business of minerals and metals processing solutions and services.
In addition, our objective is to grow in new businesses such as energy sector
and industrial water treatment. We are developing our operational model in order
to align our organizational structure with these strategic growth objectives and
to improve the cost efficiency of our operations", Outotec's President and CEO
Pertti Korhonen says.

New operational model

As of April 1, 2010 Outotec's businesses will be reorganized into four business
areas, three of which are reporting segments. The business areas are:

- Non-ferrous Solutions, consisting of businesses relating to the processing of
copper, nickel, zinc, lead, gold, silver and platinum group metals as well as
industrial minerals.

- Ferrous Solutions, consisting of businesses relating to the processing of
iron, steel and ferroalloys as well as titanium feedstock.

- Energy, Light Metals and Environmental Solutions, consisting of businesses
relating to sulfuric acid plants, gas cleaning, alumina, aluminium and light
metals processing, applications for heat recovery systems, coke, bioenergy, oil
shale and sands as well as industrial water treatment.

- Services, focusing on growing and developing the service business globally and
providing life-cycle services to Outotec's customers. The Services business will
be included in the figures of the three other business areas, and its sales
volume will also be reported separately.

Sales and delivery operations in geographical Market Areas will be organized
under global Market Operations organization that operates in matrix with the
Business Areas. Additionally, global Shared Support Functions are responsible
for providing an effective business platform for Outotec.

The new operational model is geared to deliver growth both in all Market Areas
and in all Business Areas. In addition, the matrix structure with globally
shared support functions will allow a more flexible organization and more
efficient use of Outotec's resources.

New Executive Board

The Board of Directors of Outotec has appointed a new Executive Board for the
company to replace the current Executive and Management Committees. The new
Executive Board will take charge when Outotec shifts into the new operational
model on April 1, 2010.

The members of the Executive Board with responsibility areas are:

- Pertti Korhonen, President and Chief Executive Officer, Chairman of the
Executive Board

- Jari Rosendal, Executive Vice President, President of Non-ferrous Solutions
business area

- Pekka Erkkilä, Executive Vice President, President of Ferrous Solutions
business area (as of May 1, 2010)

- Peter Weber, Executive Vice President, President of Energy, Light Metals and
Environmental Solutions business area

- Kalle Härkki, Executive Vice President, President of Services business area

- Martti Haario, Executive Vice President - Market Operations

- Vesa-Pekka Takala, Chief Financial Officer

- Tapio Niskanen, Senior Vice President - Business Infrastructure

- Ari Jokilaakso, Senior Vice President - Human Capital

Vice President, Corporate Strategy nomination will be announced later.
Sami Lindström, General Counsel, acts as Secretary to the Executive Board and
Board of Directors.

Efficiency improvement measures

Outotec will start new measures to improve internal efficiency targeting at EUR
25 million annualized savings in operational fixed costs compared to the cost
level of the fourth quarter of 2009. Part of these savings will be achieved
through organizational restructuring. Initial personnel reduction estimate is
globally 170 employees, of which approximately 120 employees in Finland. The
restructuring will lead to one-time provisions of maximum EUR 20 million during
the first half of 2010. The integration of Larox businesses is included in the
above mentioned savings and provisions figures.

For further information please contact:

OUTOTEC OYJ

Pertti Korhonen, President and CEO
Tel. +358 20 529 211

Eila Paatela, Vice President - Corporate Communications
tel. +358 20 529 2004, +358 400 817 198

e-mailsfirstname.lastname@outotec.com <mailto:firstname.lastname@outotec.com>

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Main media
www.outotec.com <http://www.outotec.com/>



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