Outokumpu Oyj - Changes in company's own shares

SHARE REPURCHASE 1.11.2007

Outokumpu Oyj            ANNOUNCEMENT        1.11.2007                          


SHARE REPURCHASE  1.11.2007                                                     

In the Helsinki Stock Exchange                                                  

Trade date              1.11.2007                                               
Bourse trade            BUY                                                     
Share                   OUT1V                                                   
Amount                  250.000               shares                            
Total cost              6.366.535,84          EUR                               
Average price/ share    25,4661               EUR                               
Highest price/ share    25,90                 EUR                               
Lowest price/ share     24,90                 EUR                               


Outokumpu Oyj now holds a total of 468.603 shares                               
including the shares repurchased on 1.11.2007.                                  


On behalf of Outokumpu Oyj                                                      

NORDEA BANK FINLAND PLC                                                         

Petri Simberg         Jarkko Järvinen