Outokumpu Oyj — Director's Dealing 2016

Apr 12, 2016

April 12, 2016 at 4.00 pm EET

OUTOKUMPU – ANNOUNCEMENT REGARDING CHANGE IN HOLDINGS

Outokumpu Oyj (business identity code: 0215254-2) has on April 12, 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 reaches 5% threshold and was 5.00% (20,819,025 shares and votes) on April 11, 2016. Invesco Limited's earlier total holding in Outokumpu was below 5%.

Invesco Limited's indirect holding through controlled undertakings was on April 11, 2016 5.00% of 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	5.00%	N/A	5.00%	416,374,448
Position of previous notification (if applicable)	Below minimum threshold	Below minimum threshold	Below minimum threshold

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 (SMA 9:5)	Indirect (SMA 9:6 and 9:7)	Direct (SMA 9:5)	Indirect (SMA 9:6 and 9:7)
FI000902422		20,819,025		5.00%
SUBTOTAL A	20,819,025		5.00%

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