Holding(s) in Company



3 June 2009

HOLDINGS IN THE COMPANY (FLAGGING NOTIFICATION IN ACCORDANCE WITH
CHAPTER 2, SECTION 9 OF THE FINNISH SECURITIES MARKET ACT)

Talvivaara  Mining  Company  Plc  ("Talvivaara")  has  received   the
attached flagging notification in accordance with Chapter 2,  Section
9 of the Finnish Securities Market Act from Standard Life Investments
Ltd. regarding the shares of Talvivaara on 2 June 2009.

The holdings of Standard Life  Investments Ltd. have fallen below  5%
(to 4,997%). After the change,  Standard Life Investments Ltd.  holds
in aggregate 11,138,967 ordinary shares of Talvivaara.

Attachment
1. Name of the target company
Talvivaara Mining Company Plc

2. Basis for the flagging obligation
Trades in shares made on 1 June 2009

3. Date when the holdings have changed
1 June 2009

4. Holdings of the target company's voting rights and share capital
Standard Life Investments  Ltd's total holding  in Talvivaara is  the
following:


Number of shares                  Holdings of total      Holdings of voting
                                  number of              rights
                                  shares
Direct    Indirect  Total         Direct Indirect Total  Direct Indirect Total
6,985,173 4,153,794 11,138,967    3,134% 1,864%   4,997% 3,134% 1,864%   4,997%



ENQUIRIES


Talvivaara Mining Company Plc     Tel: +358 20 7129 800
Saila Miettinen-Lähde, CFO

Merlin PR                         Tel: +44 207 653 6620


Tom Randell
Anca Spiridon