TALVIVAARA SHARE SUBSCRIPTIONS BASED ON STOCK OPTIONS 2007A

STOCK EXCHANGE RELEASE
Talvivaara Mining Company Plc
 14 July 2010



TALVIVAARA SHARE SUBSCRIPTIONS BASED ON STOCK OPTIONS 2007A


A total of 131 000 Talvivaara Mining Company Plc 's new shares were subscribed
for during the period between May 1, 2010 and June 30, 2010 under the company's
stock option rights 2007A. The entire subscription price of EUR 339 971.67 will
be entered in the paid-in capital. As a result of the share subscriptions, the
number of Talvivaara Mining Company Plc shares will increase to 245 311 718.

The shares subscribed for under the stock options were registered in the Trade
Register on July 14, 2010, as of which date the new shares will establish
shareholder rights.

Trading in the new shares will begin on NASDAQ OMX Helsinki on July
15, 2010.

The share subscription period for stock options 2007A is between April 1, 2010
and March 31, 2012. By June 30, 2010 a total of 135 000 Talvivaara Mining
Company Plc 's new shares were subscribed for under the stock option rights
2007A and a total of 2 198 100 stock option rights 2007A remain unexercised.

The terms and conditions of Talvivaara Stock Options 2007 with additional
information are available on
www.talvivaara.com
or
www.evli.com/web/FI/en/private-clients-and-companies/other-services/incentive-pr
ograms/talvivaara



Enquiries:
Talvivaara Mining Company Plc Tel: +358 20 712 9800
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 sufficient  to support anticipated production  for at least 46
years.  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  arrangement 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.


[HUG#1431490]








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



Unternehmen: Talvivaaran Kaivososakeyhtiö Oyj - ISIN: FI0009014716