Outokumpu Oyj - Transfer of treasury shares

Fri, Feb 13, 2004 08:20 CET

Outokumpu Oyj has transferred a total of 315 310 of treasury shares to the persons participating in the 2001 share remuneration scheme for management. The number of shares transferred was calculated based on the trading volume weighted average share price of EUR 10.45 on February 12, 2004. Following the transfer Outokumpu holds 808 130 treasury shares.

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

Outokumpu Oyj - Transfer of treasury shares

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