Stock Exchange Release

Talvivaara Mining Company Plc

September 16, 2010





                Talvivaara Mining Company Plc Stock Options 2007


A  total of 5,000 Talvivaara Mining Company Plc's new shares were subscribed for
during  the period between July  1, 2010 and August 31, 2010 under the company's
stock  option rights 2007A. The entire  subscription price of EUR 13,619.85 will
be  entered in to the  invested unrestricted equity reserve.  As a result of the
share  subscriptions, the  number of  Talvivaara Mining  Company Plc shares will
increase to 245,316,718.

The  shares subscribed for under the stock  options were registered in the Trade
Register  on September 16, 2010, as of which  date the new shares will establish
shareholder rights.

Trading  in  the  new  shares  will  begin  on  NASDAQ OMX Helsinki on September
17, 2010.

The  share subscription period for stock options 2007A is between April 1, 2010
and  March  31, 2012. By  August  31, 2010 a  total of 140,000 Talvivaara Mining
Company  Plc's  new  shares  were  subscribed  for under the stock option rights
2007A and a total of 2,193,100 stock option rights 2007A remain unexercised.

The  terms  and  conditions  of  Talvivaara  Stock  Options 2007 with additional
information are available on

www.talvivaara.com

or

www.evli.com/web/FI/en/private-clients-and-companies/other-services/incentive-pr
ograms/talvivaara



ENQUIRIES
Talvivaara Mining Company Plc Tel: +358 20 7129 800
Pekka Erkinheimo, Chief Commercial Officer
Saila Miettinen-Lähde, Chief Financial Officer


Talvivaara Mining Company Plc
Talvivaara Mining Company aims to become an internationally significant base
metals producer with its primary focus on nickel and zinc using a technology
known as bioheapleaching to extract metals out of ore. Bioheapleaching makes
extraction of metals from low grade ore economically viable. The Talvivaara
deposits comprise one of the largest known sulphide nickel resources in Europe.
The ore body is sufficient to support anticipated production for at least 46
years. Talvivaara has secured a 10-year off-take agreement for 100 per cent of
its main output of nickel and cobalt to Norilsk Nickel and entered into a
long-term zinc streaming agreement with Nyrstar NV. Talvivaara is listed on the
London Stock Exchange Main Market and NASDAQ OMX Helsinki and is included in the
FTSE 250 Index. Further information can be found at www.talvivaara.com.



[HUG#1444755]





Talvivaara Mining Company Plc Stock Options 2007 16.09.2010: 
http://hugin.info/136227/R/1444755/388328.pdf




This announcement is distributed by Thomson Reuters on behalf of 
Thomson Reuters clients. The owner of this announcement warrants that: 
(i) the releases contained herein are protected by copyright and 
    other applicable laws; and 
(ii) they are solely responsible for the content, accuracy and 
     originality of the information contained therein. 
    
Source: Talvivaaran Kaivososakeyhtiö Oyj via Thomson Reuters ONE