Talvivaara Share Subscription Schedule 2013 under Stock Options

Stock Exchange Release Talvivaara Mining Company Plc 7 February 2013 Share Subscription Schedule 2013 under Talvivaara Stock Options The shares subscribed for under Stock Options 2007 during 2013 are expected to be registered in the Trade Register and listed on NASDAQ OMX Helsinki on the following target dates: Share subscription Entry into the Trade New shares tradable deadline Register on or about on or about ----------------------------------------------------------- 8 February 2013 28 February 2013 1 March 2013 31 March 2013 22 April 2013 23 April 2013 18 April 2013 13 May 2013 14 May 2013 3 June 2013 24 June 2013 25 June 2013 9 August 2013 29 August 2013 30 August 2013 1 November 2013 21 November 2013 22 November 2013 Shares will establish shareholders rights as of the date of share registration. The Stock Options 2007 valid in 2013 entitle their holders to subscribe a maximum of 4,666,200 new shares in the Company. The share subscription periods for the Stock Options 2007 are the following: * 2007B: 1 April 2011 - 31 March 2013 * 2007C: 1 April 2012 - 31 March 2014 The share subscription prices per share with the option rights 2007B and 2007C currently amount to GBP 2.625 and GBP 2.75, respectively. Subscriptions will be accepted at Evli Bank Plc. The payments for the share subscriptions with Stock Options 2007 will be accepted both in pound sterling and in euro. The share subscription price in euro will be determined by the euro reference exchange rate for the pound sterling computed and published by the European Central Bank on the day preceding the date of share subscription. A total of 48,763 Talvivaara Mining Company Plc's new shares were subscribed for under the stock option rights 2007B and a total of 2,284,337 stock option rights 2007B remain unexercised and a total of 2,333,100 stock option rights 2007C remain unexercised. The terms and conditions of Talvivaara Stock Options 2007 with additional information are available on http://www.talvivaara.com or https://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, Deputy-CEO and 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. Further information can be found at www.talvivaara.com Talvivaara Share Subscription Schedule 2013 under Stock Options : http://hugin.info/136227/R/1676273/546314.pdf This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients. The owner of this announcement warrants that: (i) the releases contained herein are protected by copyright and other applicable laws; and (ii) they are solely responsible for the content, accuracy and originality of the information contained therein. Source: Talvivaaran Kaivososakeyhtiö Oyj via Thomson Reuters ONE [HUG#1676273]