Holding(s) in Company

13 May 2009 08:39



13 May 2009

Holdings in Company (Flagging notification in accordance with Chapter 2, Section 9 of the Finnish Securities Market Act)

Talvivaara Mining Company Plc ("Talvivaara") has received the attached flagging notification in accordance with Chapter 2, Section 9 of the Finnish Securities Market Act from BlackRock, Inc. regarding the shares of Talvivaara on 12 May 2009.

BlackRock, Inc. holds 11,210,892 ordinary shares and 135,374 convertible bonds of Talvivaara, representing in the aggregate 5.09% percent of the issued ordinary share capital and total voting rights attached to shares in Talvivaara (over 5%).

Attachment

1. Name of the target company

Talvivaara Mining Company Plc

2. Basis for the flagging obligation

Trades in shares made on 5 May 2009

3. Date when the holdings have changed

5 May 2009

4. Holdings of the target company's voting rights and share capital

BlackRock Inc's total holding in Talvivaara is the following:

Pursuant to BlackRock, Inc.'s notice, the holdings of BlackRock, Inc. are held through a controlled undertaking BlackRock Investment Management (UK) Limited (Register No. 2020394, FSA No. 119293) which holds 11,210,892 shares in Talvivaara (5.03% of shares and voting rights) and 135,374 convertible bonds which can be converted into 135,374 shares in Talvivaara (0.06% of shares and voting rights). The total number of Talvivaara's shares is 222,896,718 shares, which carry a total of 222,896,718 voting rights.

5. Name of shareholder and business identification code

BlackRock, Inc., USA Tax ID 32-0174421, SEK CIK Code# 0001364742

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