ISSUANCE OF OUTOKUMPU?S DOMESTIC BONDS
OUTOKUMPU OYJ STOCK EXCHANGE RELEASE May 13, 2004 at 4.00 pm
ISSUANCE OF OUTOKUMPUS DOMESTIC BONDS The subscription period for Outokumpu Oyj notes 1/2004 and 2/2004, with a maximum total aggregate value of EUR 200 million, ended today on May 13, 2004. Bids from investors totaled EUR 211 million. The amount of the floating rate note 1/2004 to be issued will be EUR 125 million, and that for the fixed rate note 2/2004 EUR 75 million. The issue date for the bonds is May 19, 2004. The issue price for the floating rate note 1/2004 is 100% and the yield is six-month euribor + 0.45%. The coupon for the first interest period will be fixed on May 17, 2004. The coupon for the fixed rate note 2/2004 is 5.0% and the yield is 99.821%. Nordea Bank Finland Plc, OKO Osuuspankkien Keskuspankki Oyj (OKO Bank) and Sampo Bank plc are acting as the joint bookrunners for the bonds. For further information, please contact: Renny Bång, Vice President - Finance, Outokumpu Oyj, tel. +358 9 421 3862 OUTOKUMPU OYJ Corporate Management Johanna Sintonen Vice President - Investor Relations tel. +358 9 421 2438, mobile +358 40 530 0778, fax +358 9 421 2125 e-mail: johanna.sintonen@outokumpu.com