Outotec Oyj - change in the shareholding in Outotec Oyj

OUTOTEC OYJ        STOCK EXCHANGE RELEASE     MAY 29, 2007   AT 4.30 PM

CHANGE IN THE SHAREHOLDING IN OUTOTEC OYJ

ANNOUNCEMENT UNDER THE FINNISH SECURITIES MARKET ACT, CHAPTER 2, SECTION 10 OF A CHANGE IN THE SHAREHOLDING IN OUTOTEC OYJ

In accordance with the Securities Market Act, Chapter 2, Section 10 Outotec Oyj announces that UBS AG's (CH-270.3.004.646-4/) group holding in shares of Outotec Oyj on May 25, 2007 exceeded 5%. UBS AG's group holding in shares of Outotec amounted to 2,173,677 shares, which represent 5.18% of the share capital and votes in the company.

The share capital of Outotec consists of 42,000,000 shares and each share is entitled to one vote at the general meeting of shareholders.

OUTOTEC OYJ

Rita Uotila, Vice President - Investor Relations

tel. +358 20 529 2003, mobile +358 400 954141

e-mail: rita.uotila(at)outotec.com

DISTRIBUTION:

Helsinki Stock Exchange

Main media

www.outotec.com