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Talvivaaran Kaivososakeyhtiö Oyj : Talvivaara CEO Mr. Pekka Perä, Explores Potential Sales of Shares and Subscription Rights



  Talvivaaran Kaivososakeyhtiö Oyj : Talvivaara CEO Mr. Pekka Perä, Explores
              Potential Sales of Shares and Subscription Rights

Stock Exchange Release
Talvivaara Mining Company Plc
20 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.

  Talvivaara Mining Company, CEO Mr.Pekka Perä, Explores Potential Sales of
                        Shares and Subscription Rights

As disclosed in  the shareholders'  circular dated  14 February  2013 and  the 
prospectus dated  12 March  2013, Pekka  Perä, the  CEO of  Talvivaara  Mining 
Company Plc, has agreed to attempt to raise funds through borrowing, the  sale 
of his shares, the sale of subscription  rights allocated to him, or by  other 
means, in order  to subscribe  for new shares  in excess  of his  pre-existing 
commitment to subscribe EUR 5 million worth of new shares at the  subscription 
price in the rights issue  announced by Talvivaara on  8 March 2013. Mr.  Perä 
has informed Talvivaara that he continues to explore a range of  alternatives, 
including selling shares or subscription rights into the market.

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
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.

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.

CEO Pekka Perä, Explores Potential Sales of Shares&Subscription Rights

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This announcement is distributed by Thomson Reuters on behalf of Thomson
Reuters clients.

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#1686773
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