Stock Exchange Release
Talvivaara Mining Company Plc

19 May 2010



TALVIVAARA SHARE SUBSCRIPTIONS BASED ON STOCK OPTIONS 2007A

A  total of 4,000 Talvivaara Mining Company Plc's new shares were subscribed for
in  April  2010 under  the  company's  stock  option  rights  2007A. The  entire
subscription price of EUR 10,240.66 will be entered in the invested unrestricted
equity reserve. As a result of the share subscriptions, the number of Talvivaara
Mining Company Plc shares will increase to 245,180,718.

The  shares subscribed for under the stock  options were registered in the Trade
Register  on  May  19, 2010, as  of  which  date  the  new shares will establish
shareholder rights.

Trading in the new shares will begin on NASDAQ OMX Helsinki on May 20, 2010.

The  share subscription period for stock options 2007A is between April 1, 2010
and March 31, 2012. On April 30, 2010 a total of 4,000 Talvivaara Mining Company
Plc's  new shares were subscribed for under  the stock option rights 2007A and a
total of 2,329,100 stock option rights 2007A remain unexercised.

The terms and conditions of Talvivaara Stock Options 2007 with additional
information are available on:
www.talvivaara.com <http://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



[HUG#1417079]





    TALVIVAARA SHARE SUBSCRIPTIONS BASED ON STOCK OPTIONS 2007A: http://hugin.info/136227/R/1417079/367611.pdf