Metso Corporate Newsroom News 2006 Outokumpu Technology's 10 largest shareholders as at 13 October 2006
October 16, 2006

Outokumpu Technology's 10 largest shareholders as at 13 October 2006

Not for release, publication or distribution, directly or indirectly, in or
into the United States, Canada, Australia or Japan.

Outokumpu Technology's 10 largest shareholders as at 13 October 2006


Trading in the shares of Outokumpu Technology on the Nordic List of the
Helsinki Stock Exhange commenced on 13 October 2006. The shares sold in the
retail offering were delivered to purchasers on 10 October 2006 and the shares
in the institutional offering on 13 October 2006. Listed below are the 10
largest registered shareholders of Outokumpu Technology. The information is
based on the shareholder's register of the company as at 13 October 2006.


Shareholder                                                       Number of shares  Holding, %
Outokumpu Oyj                                                            5 039 999        12,0
Varma Mutual Pension Insurance Company                   1 302 000         3,1
Ilmarinen Mutual Pension Insurance Company               1 076 000         2,6
Nordea Bank Finland Plc                                                 677 800         1,6
Alfred Berg Finland Investment Fund                                379 900         0,9
OP-Focus Non-UCITS Fund                                          300 000         0,7
Pension-Fennia Mutual Insurance Company                     292 000         0,7
Kaleva Mutual Insurance Company                                  273 000         0,7
OP-Europe Share Investment Fund                                  232 500         0,6
The Finnish National Fund for                                  
Research and Development (SITRA)                               220 600         0,5
Nominee registration                                                  26 472 569        63,0
Others                                                                         5 733 632        14,0
Total                                                                         42 000 000       100,0

After the offering, domestic investors owned 30 percent of Outokumpu
Technology's shares and foreign investors owned 70 percent of the shares.


OUTOKUMPU TECHNOLOGY OYJ


Rita Uotila, Vice President - Investor Relations
tel. + 358 20 5292003, mobile +358 400 954141
e-mail: rita.uotila@outokumputechnology.com

Distribution:
Helsinki Stock Exchange
Media
www.outokumputechnology.com


The information contained herein is not for publication or distribution,
directly or indirectly, in or into the United States, Canada, Australia or
Japan. The materials do not constitute an offer of securities for sale in the
United States, nor may the securities be offered or sold in the United States
absent registration or an exemption from registration as provided in the U.S.
Securities Act of 1933, as amended, and the rules and regulations thereunder.
There is no intention to register any portion of the offering in the United
States or to conduct a public offering of Shares in the United States.


The information contained herein shall not constitute an offer to sell or the
solicitation of an offer to buy, nor shall there be any sale of the securities
referred to herein in any jurisdiction in which such offer, solicitation or
sale would be unlawful prior to registration, exemption from registration or
qualification under the securities laws of any such jurisdiction.


This document does not constitute an offer of securities to the public in the
United Kingdom.  No prospectus has been or will be registered in the United
Kingdom in respect of the securities, and consequently the securities must not
be sold or offered for sale in the United Kingdom, except to persons whose
ordinary activities involve them in acquiring, holding, managing or disposing
of investments (as principal or agent) for the purposes o their business or
whom it is reasonable to suppose will acquire, hold, manage or dispose of
investments (as principal or agent) for the purposes of their business.