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Talvivaaran Kaivososakeyhtiö Oyj : Talvivaara's rights offering oversubscribed by the end of the subscription period

Talvivaaran Kaivososakeyhtiö Oyj : Talvivaara's rights offering oversubscribed
                    by the end of the subscription period

Stock Exchange Release
Talvivaara Mining Company Plc
9 April 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's rights offering oversubscribed by the end of the subscription
                                    period

Based on subscriptions made by the end of the subscription period,  Talvivaara 
Mining Company  Plc's  ("Talvivaara")  approximately EUR  261  million  rights 
offering  was  oversubscribed.  Subscriptions  were  received  in  respect  of 
approximately 1 579  million offered shares  pursuant to subscription  rights, 
representing 96.7 per cent of  the 1 633 857  840 offered shares. Taking  into 
account  the  subscriptions  received  without  subscription  rights  in   the 
secondary subscription the  offering was significantly  oversubscribed by  the 
end of the subscription period.

The subscription period  for the  rights offering ended  on 5  April 2013  and 
trading  in  interim  shares  (TLV1VN0113),  representing  the  offer   shares 
subscribed for pursuant to subscription rights, commenced on 8 April 2013.

Enquiries
Talvivaara Mining Company Plc Tel +358 20 7129 800
Pekka Perä, CEO
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.

Talvivaara rights offering oversubscribed

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Source: Talvivaaran Kaivososakeyhtiö Oyj via Thomson Reuters ONE
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