Talvivaaran Kaivososakeyhtiö Oyj - Decisions of extraordinary general meeting

Resolution of Extraordinary General Meeting

6th July
2009
Talvivaara Mining Company
Plc
(LSE: TALV LN; Nasdaq OMX Helsinki: TLV)

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY,
IN OR INTO THE UNITED STATES OF AMERICA, CANADA, JAPAN, AUSTRALIA,
SOUTH AFRICA OR IN ANY OTHER JURISDICTION IN WHICH OFFERS OR SALES
WOULD BE PROHIBITED BY APPLICABLE LAW

Resolution of Extraordinary General Meeting

An Extraordinary General Meeting of Talvivaara Mining Company Plc
(the "Company") has on 6 July 2009 resolved to approve the proposal
of the Board of Directors on a share issue in deviation from the
shareholders' pre-emptive subscription rights (the "Placing").

The Placing was conducted through an accelerated book-building
process. 22,280,000 new shares representing approximately 10 per cent
of the number of the existing shares of the Company were issued in
the Placing. The new shares are expected to be registered in the
Finnish Trade Register on 7 July 2009 and dealings in the new shares
on the London Stock Exchange's main market and on the official list
of the Helsinki Stock Exchange is expected commence on 8 July 2009.



          Talvivaara Mining Company Plc   +358 20 712 9800
          Pekka Pera
          Saila Miettinen-Lahde

          Merlin                          +44 20 7653 6620
          Tom Randell
          Anca Spiridon



The distribution of this announcement in jurisdictions other than
Finland and the United Kingdom may be restricted by law and,
therefore, persons into whose possession this announcement comes
should inform themselves about and observe such restrictions. Any
failure to comply with such restrictions may constitute a violation
of the securities laws of any such jurisdiction.

This announcement is not an offer of securities for sale in the
United States or elsewhere.  Securities may not be offered or sold in
the United States absent registration under the US Securities Act of
1933, as amended (the "Securities Act") or an exemption therefrom.
The Company has not registered and does not intend to register any of
its shares under the Securities Act.  No shares will be offered or
sold to the public in the United States.

This announcement has been issued by and is the sole responsibility
of the Company.  No representation or warranty, express or implied,
is or will be made as to, or in relation to, and no responsibility or
liability is or will be accepted by Merrill Lynch International,
Liberum Capital Limited or by any of their respective affiliates or
agents as to, or in relation to, the accuracy or completeness of this
announcement or any other written or oral information made available
to or publicly available to any interested party or its advisers, and
any liability therefore is expressly disclaimed.

Merrill Lynch International and Liberum Capital Limited, each of
which is authorised and regulated in the United Kingdom by the FSA,
are acting for the Company and for no-one else in connection with the
placing, and will not be responsible to anyone other than the Company
for providing the protections afforded to their respective customers
or for providing advice to any other person in relation to the
placing or any other matter referred to herein.

Attachments:

Resolution of Extraordinary General Meeting.pdf