Talvivaaran Kaivososakeyhtiö Oyj : Talvivaara Mining Company Plc : Publication of the Prospectus relating to the Rights

Talvivaaran Kaivososakeyhtiö Oyj : Talvivaara Mining Company Plc : Publication
       of the Prospectus relating to the Rights Offering of Talvivaara

Stock Exchange Release
Talvivaara Mining Company Plc
13 March 2013

NOT FOR RELEASE, PUBLICATION  OR DISTRIBUTION, DIRECTLY  OR INDIRECTLY, IN  OR 
INTO THE UNITED STATES, CANADA, AUSTRALIA, HONG KONG, SOUTH AFRICA OR JAPAN OR
ANY OTHER JURISDICTION IN WHICH THE DISTRIBUTION OR RELEASE WOULD BE UNLAWFUL.

THIS ANNOUNCEMENT  IS AN  ADVERTISEMENT  AND NOT  A PROSPECTUS  AND  INVESTORS 
SHOULD NOT SUBSCRIBE FOR OR PURCHASE  ANY SHARES OR SECURITIES REFERRED TO  IN 
THIS ANNOUNCEMENT  EXCEPT  ON  THE  BASIS OF  INFORMATION  IN  THE  APPLICABLE 
PROSPECTUS WHICH, SUBJECT TO APPROVAL  FROM THE FINNISH FINANCIAL  SUPERVISORY 
AUTHORITY, IS EXPECTED TO  BE PUBLISHED BY TALVIVAARA  IN CONNECTION WITH  THE 
OFFERING.  COPIES   OF  THE   PROSPECTUS  WILL,   FOLLOWING  PUBLICATION   AND 
DISTRIBUTION, BE AVAILABLE FROM TALVIVAARA'S REGISTERED OFFICE.

                        Talvivaara Mining Company Plc
 Publication of the Prospectus relating to the Rights Offering of Talvivaara

Talvivaara Mining Company Plc (the "Company" or "Talvivaara") will publish the
prospectus related to the rights offering  of 1,633,857,840 new shares in  the 
Company (the  "Offering")  today.  The  prospectus  approved  by  the  Finnish 
Financial Supervisory  Authority will  be  available on  Talvivaara's  website 
www.talvivaara.com as  of  today  and, on  or  about  14 March  2013,  at  the 
subscription places  for the  Offering. The  English language  version of  the 
prospectus passported to the United Kingdom  will be uploaded to the  National 
Storage  Mechanism  and  is  expected  to  be  available  for  inspection   at 
www.hemscott.com/nsm later today.

The terms and conditions  of the Offering were  published in a separate  stock 
exchange release on 8 March 2013.

Enquiries

Talvivaara Mining Company Plc Tel +358 20 7129 800

Pekka Perä, Chief Executive Officer

Saila Miettinen-Lähde, Deputy CEO and CFO

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.

DISCLAIMER
This announcement  is an  advertisement  and not  a prospectus  and  investors 
should not subscribe for or purchase  any shares or securities referred to  in 
this announcement  except  on  the  basis of  information  in  the  applicable 
prospectus which, subject to approval  from the Finnish Financial  Supervisory 
Authority, which are expected to be published by Talvivaara in connection with
the Offering.  Copies  of  the  prospectus  will,  following  publication  and 
distribution, be  available from  Talvivaara's registered  office. Nothing  in 
this announcement  should  be  interpreted  as a  term  or  condition  of  the 
Offering.

The information  contained  herein is  not  for publication  or  distribution, 
directly or indirectly, in or into the United States, Canada, Australia,  Hong 
Kong, South Africa  or Japan.  These written  materials do  not constitute  an 
offer of securities for sale in the  United States, nor may the securities  be 
offered or sold in the United States absent registration or an exemption  from 
registration as provided in the U.S.  Securities Act of 1933, as amended,  and 
the rules and regulations  thereunder. There is no  intention to register  any 
portion of the offering in the United  States or to conduct a public  offering 
of securities in the United States.

The issue,  exercise or  sale of  securities in  the offering  are subject  to 
specific legal or  regulatory restrictions in  certain jurisdictions. None  of 
Talvivaara J.P. Morgan Securities plc, Nordea Bank Finland Plc, Merrill  Lynch 
International, BNP  PARIBAS and  Danske Bank  A/S Helsinki  Branch assume  any 
responsibility in  the  event there  is  a violation  by  any person  of  such 
restrictions.

The information contained herein shall not constitute an offer to sell or  the 
solicitation of an offer to buy, nor shall there be any sale of the securities
referred to herein in  any jurisdiction in which  such offer, solicitation  or 
sale would be unlawful prior  to registration, exemption from registration  or 
qualification under the  securities laws of  any such jurisdiction.  Investors 
must neither accept any offer for,  nor acquire, any securities to which  this 
announcement refers,  unless  they do  so  on  the basis  of  the  information 
contained in the applicable Prospectus published or distributed by Talvivaara.

Talvivaara has not  authorised any offer  to the public  of securities in  any 
Member State of the European Economic  Area other than Finland and the  United 
Kingdom. With respect to each Member State of the European Economic Area other
than Finland and the United Kingdom  and which has implemented the  Prospectus 
Directive (each, a "Relevant Member State"), no action has been undertaken  or 
will be undertaken  to make  an offer to  the public  of securities  requiring 
publication of a  prospectus in any  Relevant Member State.  As a result,  the 
securities may only  be offered  in Relevant Member  States (a)  to any  legal 
entity which is a qualified investor  as defined in the Prospectus  Directive; 
or (b)  in  any  other  circumstances  falling  within  Article  3(2)  of  the 
Prospectus Directive. For the  purposes of this  paragraph, the expression  an 
"offer of securities to the public" means the communication in any form and by
any means  of  sufficient  information on  the  terms  of the  offer  and  the 
securities to be offered so  as to enable an  investor to decide to  exercise, 
purchase or subscribe the securities, as the same may be varied in that Member
State by  any measure  implementing the  Prospectus Directive  in that  Member 
State and  the expression  "Prospectus Directive"  means Directive  2003/71/EC 
(and amendments  thereto, including  the 2010  PD Amending  Directive, to  the 
extent implemented in the  Relevant Member State),  and includes any  relevant 
implementing measure in the Relevant Member State and the expression "2010  PD 
Amending Directive" means Directive 2010/73/EU.

No statement in this announcement is intended as a profit forecast or a profit
estimate and no statement in this  announcement should be interpreted to  mean 
that earnings  per share  for  the current  or  future financial  years  would 
necessarily match  or  exceed the  historical  published earnings  per  share. 
Prices and values of, and income from, shares may go down as well as up and an
investor may not get back  the amount invested. It  should be noted that  past 
performance is no guide to  future performance. Persons needing advice  should 
consult an independent financial adviser.

J.P. Morgan Securities plc,  which is authorised and  regulated in the  United 
Kingdom by the  Financial Services Authority,  is acting as  sole sponsor  for 
Talvivaara and no one else in connection with the Offering and will not regard
any other person (whether or not a recipient of this announcement) as a client
in relation to the Offering and will  not be responsible to anyone other  than 
Talvivaara for providing the protections afforded to its clients or for giving
advice in connection with the Offering, the contents of this announcement  and 
the accompanying documents  or any  other transaction,  arrangement or  matter 
referred to herein or therein.

Each of Nordea Bank Finland Plc, Merrill Lynch International, BNP PARIBAS  and 
Danske Bank A/S Helsinki Branch is  acting exclusively for Talvivaara and  for 
no one else  in connection with  the Offering  and will not  regard any  other 
person (whether  or not  a recipient  of  this announcement)  as a  client  in 
relation to the  Offering and  will not be  responsible to  anyone other  than 
Talvivaara for providing the protections afforded to their respective  clients 
or for  providing  advice  in  connection  with  the  Offering  or  any  other 
transaction, arrangement or matter referred to herein.

This announcement should  not be considered  a recommendation by  any of  J.P. 
Morgan Securities plc, Nordea Bank  Finland Plc, Merrill Lynch  International, 
BNP PARIBAS or  Danske Bank  A/S Helsinki Branch  or any  of their  respective 
directors, officers, employees, advisers or any of their respective affiliates
in relation to any purchase of or subscription for securities.

No representation or warranty, express or implied, is given by or on behalf of
any of J.P.  Morgan Securities  plc, Nordea  Bank Finland  Plc, Merrill  Lynch 
International, BNP PARIBAS or Danske Bank A/S Helsinki Branch or any of  their 
respective directors, officers, employees, advisers or any of their respective
affiliates or any other  person as to the  accuracy, fairness, sufficiency  or 
completeness of the information  or the opinions or  the beliefs contained  in 
this announcement (or any part hereof).

None of the information contained in this announcement has been  independently 
verified or approved by any of J.P. Morgan Securities plc, Nordea Bank Finland
Plc, Merrill  Lynch International,  BNP PARIBAS  or Danske  Bank A/S  Helsinki 
Branch or any of their respective directors, officers, employees, advisers  or 
any of their respective affiliates. Save in the case of fraud, no liability is
accepted by  any of  J.P.  Morgan Securities  plc,  Nordea Bank  Finland  Plc, 
Merrill Lynch International, BNP PARIBAS or Danske Bank A/S Helsinki Branch or
any of their  respective directors,  officers, employees, advisers  or any  of 
their respective affiliates for any errors, omissions or inaccuracies in  such 
information or opinions or for any  loss, cost or damage suffered or  incurred 
howsoever arising, directly or indirectly,  from any use of this  announcement 
or its contents or otherwise in connection with this announcement.

No person  has  been  authorised  to  give any  information  or  to  make  any 
representations other than those contained in this announcement and, if  given 
or made, such information or representations  must not be relied on as  having 
been authorised by Talvivaara, any of J.P. Morgan Securities plc, Nordea  Bank 
Finland Plc,  Merrill Lynch  International,  BNP PARIBAS  or Danske  Bank  A/S 
Helsinki  Branch  or  any  other  person.  Subject  to  applicable  rules  and 
regulations, the issue of this  announcement shall not, in any  circumstances, 
create any  implication  that there  has  been no  change  in the  affairs  of 
Talvivaara and  its group  since the  date of  this announcement  or that  the 
information in it is correct as at any subsequent date.

This communication is directed only at (i) persons who are outside the  United 
Kingdom or (ii) persons who  have professional experience in matters  relating 
to investments  falling within  Article 19(5)  of the  Financial Services  and 
Markets Act 2000 (Financial Promotion) Order 2005 (the "Order") and (iii) high
net worth entities, and other persons to whom it may lawfully be communicated,
falling within Article  49(2) of the  Order (all such  persons together  being 
referred to  as "relevant  persons"). Any  investment activity  to which  this 
communication relates will only be available to and will only be engaged with,
relevant persons. Any person who  is not a relevant  person should not act  or 
rely on this announcement or any of its contents.

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The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and other
applicable laws; and
(ii) they are solely responsible for the content, accuracy and originality of
the
information contained therein.

Source: Talvivaaran Kaivososakeyhtiö Oyj via Thomson Reuters ONE
HUG#1684902
 
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