Tapani Järvinen to continue as Outotec's President and CEO at least until the end of 2009

OUTOTEC OYJ STOCK EXCHANGE RELEASE, JULY 25, 2007 AT 7.30 AM

Outotec Oyj's Board of Directors and Tapani Järvinen, the President and CEO of the company, have agreed to amend Järvinen's CEO contract to be effective until the end of 2009, and thereafter for the time being.

Risto Virrankoski, Chairman of the Board, comments: "According to the prior agreement, signed with his former employer Outokumpu, Tapani Järvinen had the right to resign and retire with a six month notice. With this agreement we secure that the company has Tapani's experience and skills at hand at least until the end of 2009 when he turns 63."

For further information please contact:

OUTOTEC OYJ

Eila Paatela, Vice President - Corporate Communications

tel. +358 20 529 2004, mobile +358 400 817198

e-mail: eila.paatela(at)outotec.com

DISTRIBUTION

OMX Nordic Exchange Helsinki

Main media