Outokumpu opens a sales company in Dubai, Unite...

PRESS RELEASE
November 19, 2008 at 9.00 am

Outokumpu is expanding its operations in the Middle East by opening a
sales company in Dubai, United Arab Emirates. The decision supports
the Group's strategy to strengthen its presence outside western
European markets and to improve the ability to serve end-user and
project customers globally in an optimal way.

The Middle East is one of the fastest growing markets in the world
with high potential in investments in industries that require a
multitude of stainless steel products. The sales company will be the
contact point for the entire range of Outokumpu products and
services, while it is especially focused on serving the oil & gas,
desalination, petrochemical, energy, and building & construction
industries.

Mr Patrik Lundström, Regional General Manager in Outokumpu's Middle
East sales company in Dubai comments:

"The new sales company provides us a good platform for future growth
in the area. We are now well positioned to serve the Middle East
region and present the full potential of stainless steel for
customers' benefit. We believe that Outokumpu's special grades and
high quality is appreciated in the demanding applications in
different industries."

Outokumpu products are already widely used in different projects in
the Middle East, especially in desalination as well as in oil and gas
and petrochemical industries. The company has also built a major
presence in the stainless tubular products markets in the Middle
East, by establishing a joint venture company with Armetal in Saudi
Arabia. The company, named Outokumpu Armetal Stainless Pipe Co., Ltd.
and based in Riyadh, produces and markets welded pipes and tubes as
well as sheet products.


For more information please contact:
Mr Patrik Lundström, Regional General Manager, Outokumpu Middle East,
Dubai, UAE
Phone (mobile): [phone]
Email: [e-mail]


Outokumpu is a global leader in stainless steel. Our vision is to be
the undisputed number one in stainless, with success based on
operational excellence. 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 operates in some 30 countries and employs more than 8 000
people. The Group's head office is located in Espoo, Finland.
Outokumpu has been listed on the Helsinki stock exchange since 1988.
[www.outokumpu.com.]


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