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PKV:MERGING OF THE NEW SHARES: OUTOKUMPU

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HELSINKI EXCHANGES                  TRADING NEWS PKV1/2003
Securities Trading                  2 January 2003


MERGING OF THE NEW SHARES: OUTOKUMPU OYJ

In the rights issue of Outokumpu Oyj the 142 506 new
shares subscribed on the basis of secondary subscription
right will be traded on the Helsinki Exchanges as old
shares as of 3 January 2003.

Identifiers:

Trading code:                       OUT1V 
ISIN code:                          FI0009002422
Amount:                             172 659 119

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