Holdings in Company (Flagging notification in accordance with Chapter 2, Section 10 of the Finnish Securities Market Act)

Stock Exchange Release
Talvivaara  Mining Company Plc
1 August 2011

Holdings in Company (Flagging notification in accordance with Chapter 2, Section
10 of the Finnish Securities Market Act)

Talvivaara Mining Company Plc ("Talvivaara") has on 29 July 2011 received the
attached flagging notification in accordance with Chapter 2, Section 9 of the
Finnish Securities Market Act from BlackRock, Inc. ("BlackRock") regarding the
shares of Talvivaara.

The holding of BlackRock in Talvivaara has decreased, through a share
transaction concluded on 21 July 2011, to 12,253,730 ordinary shares of
Talvivaara, representing in aggregate 4.99% percent of the issued ordinary share
capital and total voting rights attached to shares in Talvivaara (below 5%).

Attachment
1. Name of the target company

Talvivaara Mining Company Plc

2. Basis for the flagging obligation

Share Transaction

3. Date when the holdings have changed

21 July 2011

4. Holdings of the target company's voting rights and share capital

Holding of BlackRock in Talvivaara is as follows:

Shares and voting rights attached to them

Number of shares % of shares Number of % of voting rights
voting rights

12,253,730 4.99% 12,253,730 4.99%



5. Name of shareholder and business identification code
BlackRock, Inc. (USA Tax ID 32-0174421, SEC CIK Code#: 0001364742)




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




Holding(s) in Company - Flagging notification 1.8.2011:
http://hugin.info/136227/R/1535164/468080.pdf




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Source: Talvivaaran Kaivososakeyhtiö Oyj via Thomson Reuters ONE

[HUG#1535164]


Unternehmen: Talvivaaran Kaivososakeyhtiö Oyj - ISIN: FI0009014716