Outokumpu’s Pekka Erkkilä to join Outotec

STOCk Exchange RELEASE January 4, 2010 at 1.00 pm EET The Executive Vice President - General Stainless and a member of Outokumpu Group’s Executive Committee, Pekka Erkkilä, will join the Executive Committee of Outotec, the Finnish based company specialized in mining and metallurgical technology. As the head of General Stainless he has been responsible for the business units Tornio Works and Long Products as well as the R&D, energy, safety, environment and quality functions. Additionally, Mr. Erkkilä has had a temporary management responsibility of Tornio Works from September 15, 2009. Pekka Erkkilä’s succession will be dealt with in due course. The recruitment process for the new head of Tornio Works is currently on-going. Mr. Erkkilä will start at Outotec on May 1, 2010 at the latest. This ensures a controlled transition of Tornio Works’ management. CEO Juha Rantanen: “I am sorry to see such an experienced executive as Pekka Erkkilä to leave Outokumpu. I wish him all the best in his new role at Outotec.” OUTOKUMPU OYJ Outokumpu is a global leader in stainless steel with the vision to be the undisputed number one. Customers in a wide range of industries use our stainless steel and services worldwide. Being fully recyclable, maintenance-free, as well as very strong and durable material, stainless steel is one of the key building blocks for sustainable future. Outokumpu employs some 7 500 people in more than 30 countries. The Group’s head office is located in Espoo, Finland. Outokumpu is listed on the NASDAQ OMX Helsinki. www.outokumpu.com < http://www.outokumpu.com/> [HUG#1369873] ENG Pekka Erkkilä 4.1.2010: http://hugin.info/3010/R/1369873/335022.pdf
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