Talvivaaran Kaivososakeyhtiö Oyj - Company Announcement

Talvivaara Mining Company Plc. Board of Directors Organizational Meeting

Stock Exchange Release
29 April 2011


    Talvivaara Mining Company Plc. Board of Directors Organizational Meeting


The  Talvivaara Board of  Directors held its  organizational meeting on 28 April
2011.The Board  of Directors elected Edward Haslam as its Chairman and D. Graham
Titcombe  as the Deputy  Chairman (Senior Independent  Director). The Board also
decided  on  the  composition  of  the  Audit  Committee,  Nomination Committee,
Remuneration Committee and the Sustainability Committee.

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

Audit Committee:
Eileen Carr, Chairman
D. Graham Titcombe
Eero Niiva

Nomination Committee:
D. Graham Titcombe, Chairman
Eero Niiva
Tapani Järvinen

Remuneration Committee:
Eero Niiva, Chairman
G. Edward Haslam
Tapani Järvinen
D. Graham Titcombe

Sustainability Committee:
Tapani Järvinen, Chairman
G. Edward Haslam
Pekka Perä


Enquiries

Talvivaara Mining Company Plc Tel: +358 20 712 9800
Pekka Perä, Chief Executive Officer
Saila Miettinen-Lähde, Chief Financial Officer

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 and is  included in the FTSE 250
Index. Further information can be found at www.talvivaara.com.


[HUG#1510749]

Attachments:

Talvivaara AGM Organisation of the Board of Directors 29.4.2011.pdf