OUTOKUMPU SOLD FURTHER 30 000 000 OF ITS BOLIDEN SHARES FOR EUR 115 MILLION
OUTOKUMPU OYJ STOCK EXCHANGE RELEASE MARCH 7, 2005 AT 8.00 PMOUTOKUMPU SOLD FURTHER 30 000 000 OF ITS BOLIDEN SHARES FOR EUR115 MILLION Outokumpu has today sold a further 30 000 000 of its Bolidenshares to institutional investors. The total gross proceeds of thesale amount to some EUR 115 million. The sale price was SEK 34.5per share. The 30 000 000 shares sold represent some 10.4% of Bolidens sharecapital and following the transaction Outokumpu holds 46 669 712shares in Boliden. The sale reduces Outokumpus holding in Bolidenfrom 26.5% to 16.1%. Outokumpu will book some EUR 25