Outotec signs a service agreement with Boliden in Sweden

OUTOTEC OYJ PRESS RELEASE, JULY 7, 2008 AT 1.00 PM

Outotec and Boliden have made a five-year agreement concerning consulting, engineering and project services for Boliden's mines and smelters in Sweden and Tara mine in Ireland.

The delivery of services is continuation of long strategic cooperation between the two companies. The services will be provided by Outotec's Skellefteå office, which employs some 150 people.

"Our target is to significantly grow our services and after sales business in the next few years. This agreement demonstrates our capability of delivering value-adding services for our customers, who benefit from Outotec's broad experience in designing and operating various processes. Our customers can focus on their core business, metals production," Tapani Järvinen, President and CEO of Outotec says.

For further information please contact:

Outotec (Sweden) AB

Jan Nilsson, President

tel. +46 910 87622, +46 70 5603494

e-mail jan.h.nilsson(at)outotec.com

Outotec Oyj

Erkki Jääskeläinen, Director - Services and After Sales, Base Metals

tel. +358 20 529 2106 , +358 40 5045112

e-mail erkki.jaaskelainen(at)outotec.com

Eila Paatela, Vice President - Corporate Communications

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

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

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