Ossi Virolainen and Karri Kaitue to join Outokumpu Executive Committee

Ossi Virolainen and Karri Kaitue to join Outokumpu Executive Committee Mr. Ossi Virolainen, CEO of AvestaPolarit and Mr. Karri Kaitue, Executive Vice President - Strategy and Business Development of AvestaPolarit have today by Outokumpu Oyj's Board of Directors been appointed as members to the Outokumpu Executive Committee. The appointments will take effect when Outokumpu's ownership in AvestaPolarit exceeds 90% and the process to integrate central administrative activities can start. Both Virolainen and Kaitue will continue in their current positions in AvestaPolarit as well. These appointments reflect the significant role of AvestaPolarit as the largest business area within the Outokumpu Group. Contact for further inquiries: Katarina Lybeck, Senior VP - Corporate Communications Telephone: +358 9 5764 5505, or +358 40 503 0750. e-mail: katarina.lybeck@avestapolarit.com AvestaPolarit Corporate Management Linnoitustie 4 A, PO Box 270, FIN-02601 Espoo, Finland. Tel: +358 9 5764 5511, fax: +358 9 5764 5555 Vasagatan 8-10, PO Box 16377, SE-103 27 Stockholm, Sweden. Tel: +46 8 613 3600, fax: +46 8 613 3669 Registered office: Espoo, Business ID: 0823312-4 ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2002/08/29/20020829BIT00270/wkr0001.doc http://www.waymaker.net/bitonline/2002/08/29/20020829BIT00270/wkr0002.pdf