Talvivaaran Kaivososakeyhtiö Oyj - Company Announcement

Talvivaara Mining Company Plc:Composition of Talvivaara's Shareholders' Nomination Panel

Stock exchange release
Talvivaara Mining Company Plc
30 January 2014



           Composition of Talvivaara's Shareholders' Nomination Panel


Talvivaara  Mining Company  Plc ("Talvivaara"  or "Company")  announces that the
composition   of   Talvivaara's  Shareholders'  Nomination  Panel  ("Panel")  is
following:

  * Kari Järvinen, CEO,  nominated by Solidium Oy
  * Joni   Hautojärvi,  managing  director  of  Norilsk  Nickel  Harjavalta  Oy,
    nominated by Norilsk Nickel Holdings (Cyprus) Ltd
  * Pekka Perä, CEO of Talvivaara, as a shareholder of the Company
  * Tapani Järvinen, Chairman of the Board of Directors of the Company and
  * Graham Titcombe, deputy Chairman of the Board of Directors of the Company

The  Nomination Panel has  elected Kari Järvinen  to act as  the Chairman of the
Panel.

Mikko  Koivusalo  was  nominated  by  Varma  Mutual  Pension  Insurance  Company
("Varma"),  but as Varma  ceased to be  amongst the ten  largest shareholders of
Talvivaara,  he resigned in accordance with the  charter of the Panel. The Panel
decided that a new member will not be appointed to replace Mikko Koivusalo.

Shareholders'  Nomination Panel  was established  in 2013 by  the Annual General
Meeting.  Its duty is to prepare proposals  for the election and remuneration of
the members of the Board of Directors to the General Meeting.


Enquiries

Kari Järvinen, Solidium Oy, Tel. +358 10 830 8905
Tapani Järvinen, Talvivaara Mining Company Plc, Tel +358 20 7129 800



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.  Talvivaara  is  listed on the London Stock
Exchange  Main Market and NASDAQ OMX  Helsinki. Further information can be found
at www.talvivaara.com.



[HUG#1758083]

Attachments:

Composition of Talvivaara s Shareholders Nomination Panel.pdf