Outokumpu Oyj - Total number of voting rights and capital

Outokumpu Oyj – Shares subscribed with the 2003B stock options and the increase

STOCK EXCHANGE ANNOUNCEMENT                                                     
February 16, 2010                                                               
at 11.00 am EET                                                                 


Between January 1, 2010 and February 8, 2010 a total of 172 437 shares have been
subscribed for with the 2003B stock options (FI0009633671). As a result of the  
share subscriptions the share capital of Outokumpu Oyj has increased by EUR 293 
142.90.                                                                         
                                                                                
The increase in share capital has been entered into the Finnish trade register  
on February 16, 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 February 
17, 2010.                                                                       
                                                                                
The shares and share capital of Outokumpu Oyj following the increase in share   
capital:                                                                        
                                                                                
Trading code: OUT1V                                                             
ISIN code: FI0009002422                                                         
Number of shares: 182 182 979                                                   
Share capital: EUR 309 711 064.30                                               

Subscription period for stock option 2003B will end on March 1, 2010.           
                                                                                
The next filing of increase in share capital into the trade register will take  
place on or about March 9, 2010 and listing of shares on the NASDAQ OMX Helsinki
Ltd on or about March 10, 2010.                                                 

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 2003b stock options 16.2.2010.pdf