Talvivaaran Kaivososakeyhtiö Oyj - Managers' transactions

Talvivaara Mining Company Plc Directors Dealings

Stock Exchange Release
7 July 2009


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

Talvivaara        Mining         Company        Plc         Directors
Dealings

Talvivaara Mining Company Plc ("the Company") was notified on Tuesday
7July 2009 that, as  part of the placing  of 22,280,000 new  ordinary
shares in the Company  announced on 2 June  2009 and approved by  the
Company's EGM on 6 July 2009, Mrs. Anne Perä, wife of Chief Executive
Officer Mr. Pekka Perä, bought 50,000  ordinary shares at a price  of
320 pence (€3.70) for each new ordinary share.

Following this transaction, Anne Perä holds a total number of 369,000
ordinary shares  in the  Company, representing  0.15% of  the  voting
rights attached to the issued ordinary share capital of the Company.

ENQUIRIES

Talvivaara Mining  Company  Plc                                  Tel:
+358 20 7129 800
Pekka                                                           Perä,
CEO

Saila Miettinen-Lähde, CFO


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.