Talvivaaran Kaivososakeyhtiö Oyj - Company Announcement

Flagging notification in accordance with Chapter 9 Section 10 of the Finnish Securities Market Act

Stock Exchange Release

Talvivaara Mining Company Plc

4 January 2017



  Flagging notification in accordance with Chapter 9 Section 10 of the Finnish
                             Securities Market Act



Talvivaara  Mining  Company  Plc  ("Talvivaara")  has  today  on 4 January 2017
received the below flagging notification in accordance with Chapter 9 Section 5
of  the Finnish Securities Market  Act from Solidium Oy  regarding the shares of
Talvivaara.  Solidium Oy`s holdings  in Talvivaara has  decreased (below 15% and
below  10%) following  the  directed  share  issue  in accordance with the draft
restructuring programme of Talvivaara, the final results of which were published
on 4 January 2017.

Attachment:

1.     Name of the target company:

Talvivaara Mining Company Plc

2.     Basis for the flagging obligation:

An event changing the breakdown of shares or voting rights

3.     Date on which the threshold was crossed:

4 January 2017

4.     Number of the shares and voting rights on the date on which threshold was
crossed:

318,329,000 shares and voting rights

% of the shares and voting rights on the date on which threshold was crossed:

7.60% of shares and voting rights

Position of previous notification:

16.70% of shares and voting rights

The  total number  of the  shares and  votes of  Talvivaara used in the flagging
notification:

4,189,807,162 shares and voting rights

5.     Name of shareholder and business identification code:

Solidium Oy, Business ID 2245475-9



Enquiries

Talvivaara Mining Company Plc Tel +358 20 7129 800

Pekka Perä, CEO

Pekka Erkinheimo, Deputy CEO


[]

Attachments:

Flaggings Solidium Oy 4.1.2017.pdf