Talvivaaran Kaivososakeyhtiö Oyj : Talvivaara Share Subscription Schedule 2013 under Stock Options

Talvivaaran Kaivososakeyhtiö Oyj : Talvivaara Share Subscription Schedule 2013
                             under Stock Options

Stock Exchange Release

Talvivaara Mining Company Plc

7 February 2013

       Share Subscription Schedule 2013 under Talvivaara Stock Options

The shares subscribed for under Stock Options 2007 during 2013 are expected to
be registered in the Trade Register and  listed on NASDAQ OMX Helsinki on  the 
following target dates:

Share subscription Entry into the Trade New shares tradable
          deadline Register on or about         on or about
   8 February 2013     28 February 2013        1 March 2013
     31 March 2013        22 April 2013       23 April 2013
     18 April 2013          13 May 2013         14 May 2013
       3 June 2013         24 June 2013        25 June 2013
     9 August 2013       29 August 2013      30 August 2013
   1 November 2013     21 November 2013    22 November 2013

Shares will establish shareholders rights as of the date of share

The Stock Options  2007 valid  in 2013 entitle  their holders  to subscribe  a 
maximum of 4,666,200 new shares in the Company. The share subscription periods
for the Stock Options 2007 are the following:

  o2007B: 1 April 2011 - 31 March 2013
  o2007C: 1 April 2012 - 31 March 2014

The share subscription prices per share with the option rights 2007B and 2007C
currently amount to GBP 2.625 and GBP 2.75, respectively.

Subscriptions will be accepted  at Evli Bank Plc.  The payments for the  share 
subscriptions with Stock Options 2007 will be accepted both in pound  sterling 
and in euro. The share  subscription price in euro  will be determined by  the 
euro reference exchange rate for the pound sterling computed and published  by 
the European Central Bank on the day preceding the date of share subscription.

A total of 48,763 Talvivaara Mining  Company Plc's new shares were  subscribed 
for under the stock option rights 2007B and a total of 2,284,337 stock  option 
rights 2007B remain unexercised and a  total of 2,333,100 stock option  rights 
2007C remain unexercised.

The terms and conditions of Talvivaara Stock Options 2007 with additional
information are available on





Talvivaara Mining Company Plc Tel: +358 20 7129 800

Pekka Erkinheimo, Chief Commercial Officer

Saila Miettinen-Lähde, Deputy-CEO and Chief Financial Officer

Talvivaara Mining Company Plc.

Talvivaara Mining  Company  is  an  internationally  significant  base  metals 
producer with its primary focus on nickel and zinc using a technology known as
bioheapleaching to extract metals out of ore. Bioheapleaching makes extraction
of metals  from low  grade ore  economically viable.  The Talvivaara  deposits 
comprise one of the largest known sulphide nickel resources in Europe. The ore
body is  estimated  to support  anticipated  production for  several  decades. 
Talvivaara has secured a  10-year off-take agreement for  100 per cent of  its 
main output  of  nickel  and cobalt  to  Norilsk  Nickel and  entered  into  a 
long-term zinc streaming agreement  with Nyrstar NV.  Talvivaara is listed  on 
the London  Stock  Exchange  Main  Market and  NASDAQ  OMX  Helsinki.  Further 
information can be found at www.talvivaara.com

Talvivaara Share Subscription Schedule 2013 under Stock Options


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Source: Talvivaaran Kaivososakeyhtiö Oyj via Thomson Reuters ONE
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