Outokumpu to supply stainless steel to the Stockholm Waterfront project

PRESS RELEASE

November 19, 2009 at 13.00 EET

The Stockholm Waterfront project's most visible part, the Congress Centre, will incorporate a spectacular stainless steel façade. The stainless material will be provided by Outokumpu. The building will meet high environmental standards with regards to energy efficiency and sustainability.

The Congress Centre façade will be a double structure, in which the building is encased in a screen built from Z-shaped stainless profiles. The material will be Outokumpu's duplex stainless steel with a half-matte surface to provide the desired level of reflectivity. Outokumpu has also provided stainless fingerprint-resistant steel for inside door and window frames.

The Stockholm Waterfront project emphasizes energy-efficiency and sustainable materials. Stainless steel was chosen by the architects, White Arkitekter, as a response to this. Outokumpu's duplex steel provides a highly durable and corrosion resistant stainless structure, which will be largely maintenance-free and fully recyclable.

Stefano Mangili of White Arkitekter comments on Outokumpu's role:
"As architects we have visions of what to achieve, but we need professionals to help us optimize and realize our visions. A lot of work was put into finding the exact material for this complex structure. From Outokumpu, we got the support we needed to realize the vision."

Mats Segerbäck, Segment Solution Manager, is pleased with the project:
"This building combines aesthetic appearance with a requirement for an extended lifespan. We are happy to fulfill the needs of the architects with our stainless solutions. This also demonstrates Outokumpu's capability to give specialist advice in prioritized key segments like architecture."

The Stockholm Waterfront will be situated in central Stockholm, overlooking the City Hall and the bay Riddarfjärden. The project is scheduled for completion in December 2010.

For more information, please contact:
Mats Segerbäck, Segment Solution Manager, Architecture, Building & Construction, tel. +46 70 624 35 31
Elisabeth Hansson, Communications Manager Sweden, tel +46 76 760 60 20,
elisabeth.hansson@outokumpu.com

For pictures please visit Stockholm Watefront web site http://www.waterfrontbuilding.se/media.html

Outokumpu is a global leader in stainless steel. Our vision is to be the undisputed number one in stainless, with success based on operational excellence. Customers in a wide range of industries use our stainless steel and services worldwide. Being fully recyclable, maintenance-free, as well as very strong and durable material, stainless steel is one of the key building blocks for sustainable future. Outokumpu operates in some 30 countries and employs some 8 000 people. The Group's head office is located in Espoo, Finland. Outokumpu has been listed on the NASDAQ OMX Helsinki since 1988. www.outokumpu.com