2011-08-01 08:46:43 CEST

2011-08-01 08:47:46 CEST


REGULATED INFORMATION

English
Talvivaaran Kaivososakeyhtiö Oyj - Company Announcement

Holdings in Company (Flagging notification in accordance with Chapter 2, Section 10 of the Finnish Securities Market Act) 


Stock Exchange Release
Talvivaara  Mining Company Plc
1 August 2011

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

Talvivaara  Mining Company Plc  ("Talvivaara") has on  29 July 2011 received the
attached  flagging notification in  accordance with Chapter  2, Section 9 of the
Finnish  Securities Market Act from  BlackRock, Inc. ("BlackRock") regarding the
shares of Talvivaara.

The   holding  of  BlackRock  in  Talvivaara  has  decreased,  through  a  share
transaction   concluded   on  21 July  2011, to  12,253,730 ordinary  shares  of
Talvivaara, representing in aggregate 4.99% percent of the issued ordinary share
capital and total voting rights attached to shares in Talvivaara (below 5%).

Attachment
1. Name of the target company

Talvivaara Mining Company Plc

2. Basis for the flagging obligation

Share Transaction

3. Date when the holdings have changed

21 July 2011

4. Holdings of the target company's voting rights and share capital

Holding of BlackRock in Talvivaara is as follows:

Shares and voting rights attached to them

Number of shares % of shares Number of     % of voting rights
                             voting rights

12,253,730       4.99%       12,253,730    4.99%



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




ENQUIRIES
Talvivaara Mining Company Plc Tel: +358 20 7129 800
Saila Miettinen-Lähde, CFO
Pekka Erkinheimo, Chief Commercial Officer


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