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2016-05-16

Talvivaaran Kaivososakeyhtiö Oyj: The consideration of charges relating to Talvivaara's disclosure practices has been completed

Stock Exchange Release

Talvivaara Mining Company Plc

16 May 2016

The consideration of charges relating to Talvivaara's disclosure practices has
been completed

Talvivaara Mining Company Plc ("Talvivaara" or "Company") has been informed
that the consideration of charges, which related to Talvivaara's disclosure
practices during 2011 - 2013 has been completed. The prosecutor has decided
to bring charges for security markets information offence against CEO Pekka
Perä, former CEO Harri Natunen and former CFO and Deputy CEO Saila
Miettinen-Lähde. The prosecutor also requests a corporate fine of 500 000
euros to be imposed on Talvivaara.

The Company has previously stated that, in its view, no crime has been
committed. The Company has already in the past gone through the applied
disclosure practices extensively and in great detail with the Financial
Supervisory Authority and sees no grounds for any charges being brought.

Enquiries

Talvivaara Mining Company Plc.
Tel. +358 20 7129 800

Pekka Erkinheimo, Deputy CEO

Consideration of charges relating to Talvivaara's disclosure practices
http://hugin.info/136227/R/2012945/745857.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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