OUTOKUMPU

Outokumpu's Board of Directors has today decided on certain changes to the responsibility areas of the Group Executive Committee members. Deputy CEO Mr. Risto Virrankoski will focus on base metals investments, whereas the responsibilities relating to strategy and business development, investor relations as well as communications will be transferred to Mr. Karri Kaitue. The Board has also appointed Mr. Vesa-Pekka Takala as Executive Vice President - Corporate Controller and as a new member to the Executive Committee.

As of January 1, 2004, the members and their main responsibility areas in the Group Executive Committee are as follows:

Jyrki Juusela  CEO and President, Chairman of the Group Executive
Committee
Risto Virrankoski Deputy CEO, Vice Chairman of the Group Executive
Committee, Base Metal Investments
Pekka Erkkilä   Executive Vice President - Outokumpu Stainless
Tapani Järvinen  Executive Vice President - Outokumpu Technology
Karri Kaitue   Executive Vice President - Strategy and Business Devel-opment, Investor Relations, Communications
Esa Lager    Executive Vice President - Finance and Administration
Juho Mäkinen    Executive Vice President - R&D and EHS
Kalevi Nikkilä  Executive Vice President - Outokumpu Copper
Vesa-Pekka Takala    Executive Vice President - Corporate Controller

OUTOKUMPU OYJ
Corporate Management
 
Johanna Sintonen
Vice President - Investor Relations
tel. + 358 9 421 2438, mobile +358 40 530 0778, fax + 358 9 421 2429
e-mail: johanna.sintonen@outokumpu.com
http://www.outokumpu.com/