SHARE SUBSCRIPTIONS UNDER OUTOKUMPU?S CO
OUTOKUMPU OYJ STOCK EXCHANGE ANNOUNCEMENT December 4, 2003 at 1.15 pmSHARE SUBSCRIPTIONS UNDER OUTOKUMPUS CONVERTIBLE BOND AND THE1998 OUTOKUMPU OPTION WARRANTS, AND SUBSEQUENT INCREASE INSHARE CAPITAL Bonds relating to the convertible bond loan of EUR 18 180 000issued for the Groups personnel in 1999 have been convertedinto 77 610 shares in the Company between November 17 andNovember 30, 2003. Furthermore, between November 17 andNovember 30, 2003 altogether 58 170 Outokumpu Oyj shares havebeen subscribed for under the option warrants issued in 1998. The corresponding increase