Outokumpu appoints Kari Tuutti Senior Vice President - Communications & Investor Relations

PRESS RELEASE

10 October 2011 at 10.30 am EET

Mr. Kari Tuutti has been appointed Senior Vice President - Communications & Investor Relations as of 31 October 2011. He will report to CEO Mika Seitovirta. Mr. Tuutti will be responsible for Outokumpu's global external and internal communications and investor relations activities. He will be based in Espoo, Finland. Ms. Päivi Lindqvist, the current SVP - Communications and Investor Relations, will start her maternity leave on 24 October 2011 and her future role in Outokumpu will be announced later.  

Kari Tuutti is a Finnish citizen, born 1970 and holds a Master of Economics from Helsinki School of Economics. Over the past 12 years, he has held several senior communications, investor relations and marketing positions at Nokia Group.

CEO Mika Seitovirta: "Kari has an extensive experience in various global communications roles covering financial communications and investor relations, media relations as well as consumer marketing. I am very pleased to have him in the Outokumpu team and look forward to his contribution in transforming Outokumpu and driving our business forward."

OUTOKUMPU OYJ

Outokumpu is a global leader in stainless steel with the vision to be the undisputed number one. Customers in a wide range of industries use our stainless steel and services worldwide. Being fully recyclable, maintenance-free, as well as very strong and durable material, stainless steel is one of the key building blocks for sustainable future. Outokumpu employs some 8 000 people in more than 30 countries. The Group's head office is located in Espoo, Finland. Outokumpu is listed on the NASDAQ OMX Helsinki.

www.outokumpu.com