Outokumpu Oyj - Major shareholder announcements

Outokumpu - Announcement regarding change in holdings

OUTOKUMPU OYJ
STOCK EXCHANGE RELEASE
December 28, 2012 at 3.30 pm EET


Outokumpu Oyj (business identity code: 0215254-2) has received a notification
based on Chapter 2, Section 9 of the Finnish Securities Market Act from
ThyssenKrupp AG (registered in the commercial register of the Local Court in
Duisburg under HRB 9092 and in Essen under HRB 15364). 

Such notification by ThyssenKrupp contains the following information:

Outokumpu and ThyssenKrupp announced on January 31, 2012 the combination of
Outokumpu with Inoxum, the stainless steel unit of ThyssenKrupp. The
consideration agreed to be paid to ThyssenKrupp consists partly of new shares
in Outokumpu. Outokumpu and ThyssenKrupp have closed the combination of
Outokumpu with Inoxum on December 28, 2012. In the directed share issue,
ThyssenKrupp has subscribed for 621 042 572 new shares in Outokumpu on December
28, 2012.  ThyssenKrupp's holdings in Outokumpu have exceeded 25% of the shares
and voting rights of Outokumpu and represent 29.9% of the shares and voting
rights of Outokumpu. 

Outokumpu has a total of 2 078 081 348 shares. Each share carries one vote.
Outokumpu holds 1 015 888 of its own shares. 

Outokumpu Oyj





Outokumpu is the global leader in stainless steel and high performance alloys.
Our advanced materials are the ideal choice for demanding applications ranging
from cutlery to bridges, energy plants to medical equipment. Stainless steel
contributes to a sustainable and long lasting world as it is a 100% recyclable,
corrosion-resistant, maintenance-free, durable and hygienic material. Outokumpu
employs approximately over 16 000 professionals in over 40 countries, with the
Group's head office in Espoo, Finland and shares listed on the NASDAQ OMX
Helsinki. www.outokumpu.com

Attachments:

ThyssenKrupp flagging 28122012 ENG.pdf