2017-12-27 10:30:00 CET

2017-12-27 10:30:24 CET


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Outotec Oyj - Other information disclosed according to the rules of the Exchange

Negative tax impact for Outotec from US tax reform


OUTOTEC OYJ   STOCK EXCHANGE RELEASE   DECEMBER 27, 2017   AT 11.30 AM

Negative tax impact for Outotec from US tax reform

The President of the United States signed on December 22, 2017 a tax reform
legislation, which will reduce the USA federal corporate income tax rate from
35% to 21% from the beginning of the tax year 2018. According to a preliminary
analysis, the change will cause Outotec a maximum EUR 10 million tax expense,
which Outotec will reduce in the fourth quarter of 2017 according to the
accounting principles from its deferred tax asset related to the tax receivables
from the USA.

The reduction of the deferred tax asset does not have an impact on Outotec's
cash flow or financial guidance for 2017, but it will weaken Outotec's reported
earnings per share for 2017. In addition, the change does not impact the time
frame when the deferred tax asset is expected to be utilized.

For further information please contact:

OUTOTEC OYJ
Jari Ålgars, CFO
Tel. +358 20 529 2007


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