Outokumpu Oyj - Company Announcement

Outokumpu - Amendment to the terms and conditions of notes due 2015 and 2016 enter into force

OUTOKUMPU OYJ
STOCK EXCHANGE RELEASE
February 28, 2014 at 2.40 pm EET


Outokumpu announced today that certain refinancing measures and the divestment
of the Terni remedy assets and the VDM business to ThyssenKrupp AG have been
completed. Therefore, the amendment effective date in respect of the notes due
2015 and 2016 has occurred and the amendments to the terms and conditions of
such notes approved by the noteholders' meetings held on February 7, 2014 have
entered into force. 

Outokumpu will pay the relevant instruction fees to eligible noteholders no
later than 5 business days after the occurrence of the amendment effective
date, that is, by March 7, 2014. 

For more information:

Investors: Johanna Henttonen, tel. +358 9 421 3804, mobile +358 40 530 0778

Media: Saara Tahvanainen, tel. +358 40 589 0223

Outokumpu Group



Outokumpu is the global leader in stainless steel and high performance alloys.
We create advanced materials that are efficient, long lasting and recyclable -
thus building a world that lasts forever. Stainless steel, invented a century
ago, is an ideal material to create lasting solutions in demanding applications
from cutlery to bridges, energy and medical equipment: it is 100% recyclable,
corrosion-resistant, maintenance-free, durable and hygienic. Outokumpu employs
more than 12 000 professionals in more than 40 countries, with headquarters in
Espoo, Finland and shares listed in the NASDAQ OMX Helsinki. www.outokumpu.com

Attachments:

Amendment Effective Date ENG 28022014.pdf