Outokumpu Board decisions at their first meeting

STOCK EXCHANGE RELEASE
24 March 2011 at 3.15 pm. EET

The Board of Directors of Outokumpu has today at its first meeting appointed two
permanent committees consisting of Board members - the Audit Committee and the
Remuneration Committee.

Members to the Board Audit Committee were elected as follows: Olli Vaartimo
(chairman), Anna Nilsson-Ehle and Jussi Pesonen.

Members to the Board Remuneration Committee were elected as follows: Ole
Johansson (chairman), Evert Henkes, Elisabeth Nilsson and Siv
Schalin.

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