Outokumpu Oyj — Director's Dealing 2016

Apr 14, 2016

April 14, 2016 at 2.00 pm EET

OUTOKUMPU – ANNOUNCEMENT REGARDING CHANGE IN HOLDINGS

Outokumpu Oyj (business identity code: 0215254-2) has on April 14, 2016 received a notification based on Chapter 9, Section 5 of the Finnish Securities Market Act. Invesco Limited's total holding in the shares and voting rights of Outokumpu Oyj fell below 5% threshold and was less than 5% (20,723,625 shares and votes) on April 13, 2016. Invesco Limited's earlier total holding in Outokumpu was 5.00%.

Invesco Limited's indirect holding through controlled undertakings was on April 13, 2016 below minimum threshold shares and voting rights of Outokumpu Oyj (20,819,025 shares and votes). The names of the shareholders under controlled undertakings are: Invesco Asset Management Limited and Invesco Powershares Capital Management LLC.

Total direct and indirect holdings of Invesco Limited according to the notification:
	% of shares and voting rights (total of A)	% of shares and voting rights through financial instruments (total of B)	Total of both in % (A + B)	Total number of shares and voting rights of issuer
Resulting situation on the date on which threshold was crossed or reached	Below 5% threshold	N/A	Below 5% threshold	416,374,448
Position of previous notification (if applicable)	5.00%	N/A	5.00%

Notified details of the resulting situation on the date on which the threshold was crossed or reached:
A: Shares and voting rights
Class/type of shares	Number of shares and voting rights		% of shares and voting rights
	Direct	Indirect	Direct	Indirect
	(SMA 9:5)	(SMA 9:6 and 9:7)	(SMA 9:5)	(SMA 9:6 and 9:7)
FI000902422		20,723,625		Below 5% threshold
SUBTOTAL A	20,723,625		Below 5% threshold

Outokumpu has a total of 416,374,448 shares. Each share carries one vote. Outokumpu currently holds 698,925 of its own shares.

For more information:

Investors: Tommi Järvenpää, tel. +358 9 421 3466, mobile +358 40 576 0288

Outokumpu Group

Outokumpu is a global leader in stainless steel. We create advanced materials that are efficient, long lasting and recyclable – thus building a world that lasts forever. Stainless steel, invented a century ago, is an ideal material to create lasting solutions in demanding applications from cutlery to bridges, energy and medical equipment: it is 100% recyclable, corrosion-resistant, maintenance-free, durable and hygienic. Outokumpu employs 11,000 professionals in more than 30 countries, with headquarters in Espoo, Finland and shares listed in Nasdaq Helsinki.

www.outokumpu.com outokumpu.com/stainless-news choosestainless.outokumpu.com