Outokumpu Oyj - Total number of voting rights and capital

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

STOCK EXCHANGE ANNOUNCEMENT                                                     
December 31, 2009                                                               
at 10.30 am EET                                                                 


Between October 30, 2009 and December 17, 2009 a total of 6 276 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 10  
669.20.                                                                         
                                                                                
The increase in share capital has been entered into the Finnish trade register  
on December 31, 2009 and the subscribed shares will be listed on the NASDAQ OMX 
Helsinki Ltd and trading will commence along with the old shares as of January  
5, 2010.                                                                        
                                                                                
The shares and share capital of Outokumpu Oyj following the increase in share   
capital:                                                                        
                                                                                
Trading code: OUT1V                                                             
ISIN code: FI0009002422                                                         
Number of shares: 182 010 542                                                   
Share capital: EUR 309 417 921.40                                               
                                                                                
The next filing of increase in share capital into the trade register will take  
place on or about January 13, 2010 and listing of shares on the NASDAQ OMX      
Helsinki Ltd on or about January 14, 2010.                                      



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 optio-oikeudet 2003b 31.12.2009.pdf