22 Jun 2009 08:00
22 June 2009
STOCK EXCHANGE RELEASE
HOLDINGS IN THE COMPANY (FLAGGING NOTIFICATION IN ACCORDANCE WITH CHAPTER 2, SECTION 9 OF THE FINNISH SECURITIES MARKET ACT)
Talvivaara Mining Company Plc ("Talvivaara") has on 18 June 2009 received the attached flagging notification in accordance with Chapter 2, Section 9 of the Finnish Securities Market Act from Standard Life Investments Ltd. regarding the shares of Talvivaara.
The holdings of Standard Life Investments Ltd. have fallen below 5% (to 4,949%). After the change, Standard Life Investments Ltd. holds in aggregate 11,030,240 ordinary shares of Talvivaara.
Attachment
1. Name of the target company
Talvivaara Mining Company Plc
2. Basis for the flagging obligation
Trades in shares made on 17 June 2009
3. Date when the holdings have changed
17 June 2009
4. Holdings of the target company's voting rights and share capital
Standard Life Investments Ltd's total holding in Talvivaara is the following:
| Number of shares | Holdings of total number of shares | Holdings of voting rights | ||||||
| Direct | Indirect | Total | Direct | Indirect | Total | Direct | Indirect | Total |
| 7,444,380 | 3,585,860 | 11,030,240 | 3,34% | 1,609% | 4,949% | 3,34 % | 1,609% | 4,949% |
ENQUIRIES
Talvivaara Mining Company Plc Tel: +358 20 7129 800
Saila Miettinen-Lähde, CFO
Timo Laatio, Investor Relations
Merlin PR Tel: +44 207 653 6620
Tom Randell
Anca Spiridon