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2015-04-28

Talvivaara Mining Company Plc: Investigation on-going on Talvivaara's disclosure practices

Stock Exchange Release

Talvivaara Mining Company Plc

28 April 2015

Investigation on-going on Talvivaara's disclosure practices

In response to the recent coverage in media (e.g. Helsingin Sanomat 28 April
2015), Talvivaara Mining Company Plc ("Talvivaara" or "Company") confirms
that a number of current and former members of Talvivaara's Board of
Directors and management have been or will be heard in connection with an
investigation relating to the Company's disclosure practices. As the
investigation is at an early stage, the Company does not currently have full
knowledge of the persons to be heard in this connection or of the
circumstances under investigation.

Talvivaara believes that the investigation will establish the appropriateness
of the Company's conduct in all respects, and emphasizes that the Company has
already in the past gone through the applied disclosure practices extensively
and in great detail with the Financial Supervisory Authority. Talvivaara has
during the past several years given a number of written clarifications to the
Financial Supervisory Authority on the details of its mining operations and
on the inherent challenges in predicting its future operational performance,
and none of the inquiries has given rise to any administrative sanctions
available for the Financial Supervisory Authority.

Enquiries

Talvivaara Mining Company Plc
Tel +358 20 7129 800
Pekka Perä, CEO
Pekka Erkinheimo, Deputy CEO

Investigation on-going on Talvivaara’s disclosure practices 28.4.2015
http://hugin.info/136227/R/1915729/684803.pdf

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This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Talvivaaran Kaivososakeyhtiö Oyj via Globenewswire

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