Outokumpu Oyj - Changes board/management/auditors

Outokumpu’s Pekka Erkkilä to join Outotec

STOCK EXCHANGE RELEASE                                                          
January 4, 2010                                                                 
at 1.00 pm EET                                                                  


The Executive Vice President - General Stainless and a member of Outokumpu      
Group's Executive Committee, Pekka Erkkilä, will join the Executive Committee of
Outotec, the Finnish based company specialized in mining and metallurgical      
technology. As the head of General Stainless he has been responsible for the    
business units Tornio Works and Long Products as well as the R&D, energy,       
safety, environment and quality functions. Additionally, Mr. Erkkilä has had a  
temporary management responsibility of Tornio Works from September 15, 2009.    

Pekka Erkkilä's succession will be dealt with in due course. The recruitment    
process for the new head of Tornio Works is currently on-going. Mr. Erkkilä will
start at Outotec on May 1, 2010 at the latest. This ensures a controlled        
transition of Tornio Works' management.                                         
                                                                                
CEO Juha Rantanen: “I am sorry to see such an experienced executive as Pekka    
Erkkilä to leave Outokumpu. I wish him all the best in his new role at Outotec.”

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

Attachments:

eng pekka erkkilä january 4 2010.pdf