Listing of Talvivaara Mining Company Plc Stock Options 2007C

Stock Exchange Release

Talvivaara Mining Company Plc

22 March 2012



Listing of Talvivaara Stock Options 2007C



The share subscription period for Talvivaara Mining Company Plc stock options
2007C will commence on 1 April 2012. The Board of Directors of Talvivaara has
resolved to apply for listing of stock option rights 2007C on NASDAQ OMX
Helsinki as of 2 April 2012.

A total of 2,333,100 option rights 2007C were issued. There are currently 250
key employees holding a total of 2,333,000 stock options 2007C.

Each stock option 2007C entitles its holder to subscribe for one share of
Talvivaara at a subscription price of GBP 2.75. The amount of the dividend or
return of capital decided before share subscription will be deducted from the
share subscription price as per the dividend or return of capital record date.
The share subscription period is 1 April 2012 - 31 March 2014.

Subscriptions will be accepted at Evli Bank Plc. The payments for the share
subscriptions with Stock Options 2007 will be accepted both in GBP and in EUR.
The share subscription price in EUR will be determined by the EUR reference
exchange rate for the GBP computed and published by the European Central Bank on
the day preceding the date of share subscription.


The terms and conditions of Talvivaara Stock Options 2007 with additional
information are available on

www.talvivaara.com/share-options-plan

or

www.evli.com/web/FI/en/private-clients-and-companies/other-services/incentive-
programs/Talvivaara



ENQUIRIES

Talvivaara Mining Company Plc Tel: +358 20 7129 800
Pekka Erkinheimo, Chief Commercial Officer
Saila Miettinen-Lähde, Chief Financial 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 and is included in the FTSE 250
Index. Further information can be found at www.talvivaara.com



Listing of Talvivaara Stock Options 2007C 22.3.2012:
http://hugin.info/136227/R/1596401/502947.pdf



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Source: Talvivaaran Kaivososakeyhtiö Oyj via Thomson Reuters ONE
[HUG#1596401]


Unternehmen: Talvivaaran Kaivososakeyhtiö Oyj - ISIN: FI0009014716