Outokumpu appoints Pii Kotilainen Executive Vice President - Human Resources

STOCK EXCHANGE RELEASE
October 23, 2008 at 12.45 p.m.


Ms Pii Kotilainen has been appointed Executive Vice President - Human
Resources and member of the Group Executive Committee as of March 1,
2009. She joins Outokumpu on January 1, 2009 and reports to CEO Juha
Rantanen. Ms Kotilainen succeeds Timo Vuorio who will retire at the
end of April 2009.

Pii Kotilainen is a Finnish citizen, born 1960 and holds a Master of
Science in Economics from Helsinki School of Economics and Business
Administration. Her latest position was Senior Vice President, Group
Human Resources in Huhtamaki Oyj. Before that she has held various
strategic global HR roles within Nokia Group."I am very pleased to welcome Pii to Outokumpu. She has a strong
professional background and a business oriented mindset which will
certainly support us when implementing our strategy and developing
the global organization. I also want to thank Timo for his great
contribution in building a strong HR function with focus on people
and leadership development. For me it has been very enjoyable to work
with Timo, as we share the same fundamental belief in the potential
of a committed and motivated personnel", says CEO Juha Rantanen.

Timo Vuorio will stay in Outokumpu during the transition period from
March 1 to April 30, 2009 and act as Senior Advisor for Outokumpu's
HR Function ensuring a successful handover of duties to Pii
Kotilainen.

For further information, please contact:

Juha Rantanen, CEO, tel. +358 9 421 3111

Outokumpu Oyj
Corporate Management



Ingela Ulfves
Vice President - Investor Relations
tel. (09) 421 2438, mobile 040 515 1531, fax (09) 421 2125
e-mail: ingela.ulfves@outokumpu.com
www.outokumpu.com