Talvivaaran Kaivososakeyhtiö Oyj - Company Announcement

Talvivaara Mining Company Plc. Board of Directors Organizational Meeting

Stock Exchange Release
Talvivaara Mining Company Plc
2 May 2013


    Talvivaara Mining Company Plc. Board of Directors Organizational Meeting

The Chairman and the Deputy Chairman of the Board of Directors

Talvivaara  Mining  Company  Plc  ("Talvivaara"  or  the  "Company")  notes that
Talvivaara's  Board of Directors held its  organizational meeting today on 2 May
2013. The  Board of  Directors elected  Mr. Tapani  Järvinen as  Chairman of the
Board  of Directors and Mr.  Graham Titcombe was elected  as the Deputy Chairman
(Senior Independent Director).


The compositions of the Board Committees

The Board appointed from among its members the following members to the
Committees:


Audit Committee:
Eileen Carr, Chairman
Maija-Liisa Friman
Graham Titcombe
Stuart Murray

Remuneration Committee:
Edward Haslam, Chairman
Michael Rawlinson
Graham Titcombe
Maija-Liisa Friman

Sustainability Committee:
Kirsi Sormunen, Chiarman
Stuart Murray
Tapani Järvinen

Nomination and Governance Committee:
Graham Titcombe, Chairman
Michael Rawlinson
Tapani Järvinen


As  proposed by  the Board  of Directors  the Annual  General Meeting held today
resolved to establish a Shareholders' Nomination Panel. In future the Nomination
Panel will prepare proposals for the election and remuneration of the members of
the Board of Directors to General Meetings.


Enquiries

Talvivaara Mining Company Plc Tel: +358 20 712 9800
Tapani Järvinen, Chairman of the Board of Directors
Pekka Perä, CEO

Talvivaara Mining Company Plc
Talvivaara Mining Company is an internationally significant base metals producer
with  its  primary  focus  on  nickel  and  zinc  using  a  technology  known as
bioheapleaching  to extract metals out  of ore. Bioheapleaching makes extraction
of  metals  from  low  grade  ore  economically  viable. The Talvivaara deposits
comprise  one of the largest known sulphide  nickel resources in Europe. The ore
body  is  estimated  to  support  anticipated  production  for  several decades.
Talvivaara has secured a 10-year off-take agreement for 100 per cent of its main
output  of nickel and cobalt to Norilsk Nickel and entered into a long-term zinc
streaming  agreement with Nyrstar  NV. Talvivaara is  listed on the London Stock
Exchange  Main Market and NASDAQ OMX  Helsinki. Further information can be found
at www.talvivaara.com.


[HUG#1698790]

Attachments:

Talvivaara AGM 2013 Organisation of the Board of Directors 2.5.13.pdf