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*SHARES SUBSCRIBED WITH OPTION RIGHTS:

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HEX HELSINKI     SECURITIES TRADING    RELEASE 258/2003
                 SHARES                14 October 2003


SHARES SUBSCRIBED WITH OPTION RIGHTS: OUTOKUMPU OYJ 

A total of 31 829 shares have been subscribed with the
Outokumpu Oyj`s option rights 1998. The shares will be
traded on the Helsinki Exchanges as old shares as of 15
October 2003.

Identifiers of Outokumpu Oyj`s share:


Trading code:            OUT1V
ISIN code:               FI0009002422
Number of shares:        172 744 181


HELSINKI EXCHANGES
Pekka Peiponen

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