Outokumpu Oyj - Total number of voting rights and capital

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

STOCK EXCHANGE ANNOUNCEMENT
November 2, 2010 at 10.00 am EET


Between July 27, 2010 and October 25, 2010 a total of 10 000 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
17 000.00.

The increase in share capital has been entered into the Finnish trade register
on November 2, 2010 and the subscribed shares will be listed on the NASDAQ OMX
Helsinki Ltd and trading will commence along with the old shares as of November
3, 2010.

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

Trading code: OUT1V
ISIN code: FI0009002422
Number of shares: 182 968 249
Share capital: EUR 311 046 023.30

The next filing of increase in share capital into the trade register will take
place on or about December 8, 2010 and listing of shares on the NASDAQ OMX
Helsinki Ltd on or about December 9, 2010.

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#1457867]

Attachments:

ENG 2003C stock-options 02112010.pdf