OUTOKUMPU?S DELIVERIES IN 2005

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OUTOKUMPU OYJ  STOCK EXCHANGE RELEASE  JANUARY 17, 2006 AT 10.OO AM

OUTOKUMPU’S DELIVERIES IN 2005

The following table presents preliminary information on Outokumpu’s
stainless steel deliveries in 2005.


Stainless steel deliveries   Oct-Dec July-Sep  Jan-Dec  Jan-Dec
1 000 tonnes                    2005     2005     2005     2004
                                                               
Cold rolled                      212      195      867      890
White hot strip                   68       61      391      432
Other                             89       77      390      464
Total deliveries                 370      333    1 647    1 786
                                                               
                                                               
Order backlog of Technology                                    
Order backlog at the end of                                    
period, EUR million              596      524      596      458

Outokumpu’s stainless steel deliveries decreased by 8% in 2005
compared with the previous year. This was mainly due to low demand
as a result of strong de-stocking in Europe and roll-out of new
capacity especially in China. The order backlog of Outokumpu
Technology increased substantially as a result of continued firm
investment activity in the mining and metals industry.

Restated divisional figures

Outokumpu Stainless Tubular Products business has been transferred
from General Stainless division to Specialty Stainless in October
2005. The attached tables present the restated figures for 2004 and
January-September 2005 according to the new structure.


Group key figures                               
                                                
EUR million             I/04   II/04  III/04    IV/04
Sales                                           
General Stainless      1 018   1 106     961    1 152
Specialty Stainless      640     720     601      741
Technology                81     104      91      146
Other operations          55      50      56       57
Intra-group sales      (599)   (698)   (566)    (596)
The Group              1 196   1 283   1 143    1 500
                                                
Operating profit                                
General Stainless         78      74      44       72
Specialty Stainless       51      46      36       48
Technology                 9     (1)       2       20
Other operations         (4)    (10)     (4)     (14)
Intra-group items        (7)      12     (2)        1
The Group                128     121      77      128
                                                
                                                
General Stainless                               
                                                
EUR million             I/04   II/04  III/04    IV/04
Sales                  1 018   1 106     961    1 152
of which Tornio Works    522     578     471      613
                                                
Operating profit          78      74      44       72
of which Tornio Works     70      67      47       57
                                                     
Operating capital                                    
at the end                                           
of period              2 624   2 737   2 811    2 882
                                                     
Deliveries of                                        
main products                                        
(1 000 tonnes)                                  
Cold rolled              220     201     200      196
White hot strip           81      77      57      119
Other                    220     234     160      184
Total deliveries                                     
of the division          522     513     417      499
                                                
                                                
Specialty Stainless                             
                                                
EUR million             I/04   II/04  III/04    IV/04
Sales                    640     720     601      741
                                                     
Operating profit          51      46      36       48
                                                
Operating capital                               
at the end                                      
of period              1 148   1 224   1 213    1 250
                                                     
Deliveries of                                        
main products                                        
(1 000 tonnes)                                  
Cold rolled               48      47      31       42
White hot strip           58      53      37       57
Other                    153     157     136      142
Total deliveries                                     
of the division          258     257     205      241
                                                
                                                
Group key figures                               
                                                
EUR million             2004    I/05   II/05   III/05
Sales                                           
General Stainless      4 237   1 286   1 158      813
Specialty Stainless    2 702     785     819      584
Technology               423      65     158      144
Other operations         218      55      64       58
Intra-group sales     (2 458)   (736)   (610)    (408)
The Group              5 122   1 456   1 589    1 191
                                                
Operating profit                                
General Stainless        269      71      93     (55)
Specialty Stainless      181      55      65       14
Technology                30     (8)       4        6
Other operations        (33)       6     (7)        8
Intra-group items          5     (6)       3        5
The Group                453     118     157     (21)
                                                
                                                
General Stainless                               
                                                
EUR million             2004    I/05   II/05   III/05
Sales                  4 237   1 286   1 158      813
of which Tornio Works  2 183     699     657      476
                                                
Operating profit         269      71      93     (55)
of which Tornio Works    241      59      74     (36)
                                                     
Operating capital                                    
at the end                                           
of period              2 882   2 920   2 901    2 820
                                                     
Deliveries of                                        
main products                                        
(1 000 tonnes)                                  
Cold rolled              818     210     183      162
White hot strip          335     102      89       41
Other                    799     238     192      104
Total deliveries                                     
of the division        1 951     550     463      307
                                                
                                               
Specialty Stainless                            
                                               
EUR million             2004    I/05   II/05   III/05
Sales                  2 702     785     819      584
                                                     
Operating profit         181      55      65       14
                                                
Operating capital                               
at the end                                      
of period              1 250   1 248   1 358    1 310
                                                     
Deliveries of                                        
main products                                        
(1 000 tonnes)                                  
Cold rolled              169      44      54       43
White hot strip          204      57      43       30
Other                    588     148     148       88
Total deliveries                                     
of the division          961     249     245      161



As previously announced, Outokumpu’s full-year 2005 financial
results will be published on Thursday, February 2, 2006.


OUTOKUMPU OYJ
Corporate Management


Ingela Ulfves
Vice President - Investor Relations
Tel. + 358 9 421 2438, mobile +358 40 515 1531
Fax + 358 9 421 2125
E-mail: ingela.ulfves@outokumpu.com
www.outokumpu.com

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