Outokumpu Technology changes its name to Outotec on April 24, 2007

OUTOKUMPU TECHNOLOGY OYJ STOCK EXCHANGE RELEASE, APRIL 20, 2007 AT
11.30 AM

OUTOKUMPU TECHNOLOGY CHANGES ITS NAME TO OUTOTEC ON APRIL 24, 2007

Outokumpu Technology Oyj will change its name to Outotec Oyj on April
24, 2007. The company's trading symbol on the Helsinki Stock Exchange
will remain unchanged and is OTE1V."Outotec will be the name continuing our decades long history as a
provider of leading-edge technologies for the mining and metals
industries and uniting all our global businesses. It also provides us
a platform for further growth. Outotec will be representing
innovativeness, reliability, and collaborative spirit with customers,
which are our current brand values. We will further strengthen our
image as a supplier of clean and sustainable technologies," Outokumpu
Technology's President & CEO Tapani Järvinen explains.

The new name was approved by the Annual General Meeting of
shareholders on April 2, 2007 and the name change will become
effective on April 24, 2007 provided that the name is entered in the
Trade Register.



For further information please contact:

OUTOKUMPU TECHNOLOGY OYJ

Eila Paatela, Vice President - Corporate Communications
tel. +358 20 529 2004, mobile +358 400 817198
e-mail eila.paatela@outokumputechnology.com


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