Outokumpu awarded again for the best corporate responsibility reporting in Finland

PRESS RELEASE
November 6, 2009 at 1.00 pm EET

For the second time Outokumpu was ranked best in the Finnish corporate responsibility reporting review. The results of the 2009 review were announced on November 5, 2009, in Helsinki, Finland.                           

In total the reports of some 160 organizations were analyzed. This year, the jury placed special emphasis on companies' efforts in the field of supply chain management and human resources management as part of social responsibility. Outokumpu was awarded as the best reporter of the competition. Outokumpu's report focused on listening to stakeholders, global economic downturn, climate change mitigation, wellbeing and safety. According to the jury Outokumpu explained the various ways of stakeholder dialogue such as web-based dialogue and stakeholder panel.

"I'm extremely pleased and honoured with this high level recognition and encouragement. Corporate responsibility reporting is still voluntary, but we believe that it contributes to improving our responsible performance as well as transparency. It helps our stakeholders get a better understanding of our operations and the challenges in stainless steel business. The responsible way to operate is the basis, but it is also important to let people know about our achievements", says Liisa Jalanko, Vice President for corporate responsibility in Outokumpu Oyj.

This was the 14th time the Finnish corporate responsibility reporting was reviewed. The review was organized by the Confederation of Finnish Industries EK, Finnish Business & Society, Ministry of Employment and the Economy, Ministry of the Environment, Association of Environmental Management and Finnish Institute of Authorized Public Accountants. The assessment criterion was based on the Global Reporting Initiative (GRI) G3 guidelines.

For further information, please contact

Liisa Jalanko, Vice President - Corporate Responsibility
Tel: +358 9 421 3265, mobile +358 400 446 663

Outokumpu is a global leader in stainless steel. Our vision is to be the undisputed number one in stainless, with success based on operational excellence. 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 operates in some 30 countries and employs some 8 000 people. The Group's head office is located in Espoo, Finland. Outokumpu has been listed on the NASDAQ OMX Helsinki since 1988.
www.outokumpu.com