Outokumpu Oyj - Total number of voting rights and capital

Outokumpu Oyj - shares subscribed with the 2003C stock options and the increase in share capital

STOCK EXCHANGE ANNOUNCEMENT
December 8, 2010 at 10.15 am EET


Between October 26, 2010 and November 29, 2010 a total of 10 000 shares have
been subscribed for with the 2003C stock options (FI0009649412). As a result of
the share subscriptions the share capital of Outokumpu Oyj has increased by EUR
17 000.00.

The increase in share capital has been entered into the Finnish trade register
on December 8, 2010 and the subscribed shares will be listed on the NASDAQ OMX
Helsinki Ltd and trading will commence along with the old shares as of December
9, 2010.

The shares and share capital of Outokumpu Oyj following the increase in share
capital:

Trading code: OUT1V
ISIN code: FI0009002422
Number of shares: 182 978 249
Share capital: EUR 311 063 023.30

The next filing of increase in share capital into the trade register will take
place on or about January 13, 2011 and listing of shares on the NASDAQ OMX
Helsinki Ltd on or about January 14, 2011.

OUTOKUMPU OYJ


Outokumpu is a global leader in stainless steel with the vision to be the
undisputed number one. Customers in a wide range of industries use our stainless
steel and services worldwide. Being fully recyclable, maintenance-free, as well
as very strong and durable material, stainless steel is one of the key building
blocks for sustainable future. Outokumpu employs some 7 500 people in more than
30 countries. The Group's head office is located in Espoo, Finland. Outokumpu is
listed on the NASDAQ OMX Helsinki. www.outokumpu.com



[HUG#1470126]

Attachments:

ENG Stock options 2003C 08122010.pdf