Outokumpu Oyj - Company Announcement

Outokumpu granted 25 million euros relief from the German renewable energy charge for 2013

OUTOKUMPU OYJ
STOCK EXCHANGE RELEASE
December 19, 2013 at 12.00 pm EET


Outokumpu is subject to the renewable energy charge applied to all companies
operating in Germany. As an energy intensive company facing global competition,
Outokumpu is entitled to a reduction of these charges. 

For the year 2013 this reduction was initially denied by the German
authorities. After a constructive dialogue and a clarification of Outokumpu's
application and appeal, Outokumpu has now received a reduction to the
applicable German renewable energy charge for the year 2013. At the same time,
similar reduction was granted for 2014. 

The renewable energy charge reduction results to a 25 million euros' relief on
energy costs for the entities in Germany for 2013. Outokumpu will book this
refund in its fourth quarter accounts and it has a positive impact on the
Group's EBIT in the fourth quarter. 

For more information:

Investors: Johanna Henttonen, tel. +358 9 421 3804, mobile +358 40 530 0778

Media: Saara Tahvanainen, tel. +358 40 589 0223

Outokumpu Group



Outokumpu is the global leader in stainless steel and high performance alloys.
We create advanced materials that are efficient, long lasting and recyclable -
thus building a world that lasts forever. Stainless steel, invented a century
ago, is an ideal material to create lasting solutions in demanding applications
from cutlery to bridges, energy and medical equipment: it is 100% recyclable,
corrosion-resistant, maintenance-free, durable and hygienic. Outokumpu employs
more than 15 000 professionals in more than 40 countries, with headquarters in
Espoo, Finland and shares listed in the NASDAQ OMX Helsinki. www.outokumpu.com

Attachments:

Energy charges 19122013 ENG.pdf