Outokumpu Oyj: State prosecutor appeals against...

PRESS RELEASE
26 August 2011 at 10.00 am EET


The court proceedings related to Outokumpu's export practices to Russia
continue. The State prosecutor has appealed against the District Court verdict
which dismissed all charges pressed against Outokumpu and five of its employees
for alleged money laundering. The Finnish State was ordered to pay a total of
EUR 1.2 million in compensation.

Corporate General Counsel Matti Louhija: "We are disappointed in the
prosecutor's decision. The matter was thoroughly handled in spring 2011 at the
District Court of Kouvola where all charges by the prosecutor were dismissed.
The outcome of the trial was in our view unambiguous."

For more information please contact:

Matti Louhija, SVP - Corporate General Counsel, tel [phone], mobile
[phone]


OUTOKUMPU OYJ



Outokumpu is a global leader in stainless steel with the vision to be the
undisputed number one. 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 employs some 8 000 people in more than
30 countries. The Group's head office is located in Espoo, Finland. Outokumpu is
listed on the NASDAQ OMX Helsinki.
www.outokumpu.com




ENG Court proceedings continue: 


http://hugin.info/3010/R/1541517/471638.pdf




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Source: Outokumpu Oyj via Thomson Reuters ONE

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