Talvivaaran Kaivososakeyhtiö Oyj : Talvivaara Flagging notification in accordance with Chapter 9 Section 5 of the Finnish

    Talvivaaran Kaivososakeyhtiö Oyj : Talvivaara Flagging notification in
   accordance with Chapter 9 Section 5 of the Finnish Securities Market Act

Stock Exchange Release
Talvivaara Mining Company Plc.
25 March 2013

 Flagging notification in accordance with Chapter 9 Section 5 of the Finnish
                            Securities Market Act

Talvivaara Mining Company  Plc. ("Talvivaara"  or "Company") has  today on  25 
March 2013  received the  attached flagging  notification in  accordance  with 
Chapter 9 Section 5 of the Finnish Securities Market Act regarding the  shares 
of Talvivaara  from the  CEO of  the Company,  Mr. Pekka  Perä. Through  share 
transactions concluded on 20 March and 22 March 2013, the personal holding  of 
Mr. Pekka Perä  has decreased  from 56,265,160 shares  (20.66%) to  54,372,935 
shares, representing in aggregate 19.97 %  of shares and voting rights of  the 
Company (below 20 %).

Attachment:

1.Name of the target company

Talvivaara Mining Company Plc

2.Basis for the flagging obligation

Share transactions

3.Date of transaction

20 March and 22 March 2013

4.Holdings of the target company's voting rights and share capital

Current personal holding of Mr. Pekka Perä in Talvivaara is as follows:

Shares and voting rights attached to them
Number of shares % of shares Number of voting rights % of voting rights
54,372,935       19.97%      54,372,935              19.97%

Enquiries

Talvivaara Mining Company Plc. Tel: +358 20 7129 800
Saila Miettinen-Lähde, Deputy CEO and Chief Financial Officer
Pekka Erkinheimo, Chief Commercial 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.

Flagging notification in accordance with Ch. 9 Sec. 5

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Source: Talvivaaran Kaivososakeyhtiö Oyj via Thomson Reuters ONE
HUG#1687867
 
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