The stabilisation period in the offering of Outokumpu Technology shares has ended

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

Nordea Bank Finland plc, the Stabilisation Manager and Global Coordinator of the Initial Public Offering of Outokumpu Technology, has carried out stabilisation measures with Outokumpu Technology share. The stabilisation started on 10 October 2006 and ended on 8 November 2006.

The stabilisation was carried out in the following price ranges:

10 October 2006    EUR 12.45 - 12.50

The stabilisation period has ended and no further stabilisation measures will be carried out.

OUTOKUMPU TECHNOLOGY OYJ

Rita Uotila, Vice President - Investor Relations

tel. + 358 20 5292003, mobile +358 400 954141

e-mail: rita.uotila(at)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The information contained herein is not for publication or distribution, directly or indirectly, in or into the United States, Canada, Australia or Japan.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.