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Kaunisvaara Financing<br />

• Currently working to conclude the details of the logistical<br />

solution with our partners Peab, Savage and Grieg,<br />

based on the joint-venture agreement as announced in<br />

August. The legal structure of the partnership will be<br />

optimized in tandem with the finalization of the financial<br />

package.<br />

• Ongoing discussion with Societé Générale, UniCredit,<br />

and West LB appointed as lead arrangers for Senior<br />

Loan of up to USD 400 million with a minimum of 8 year<br />

term.<br />

9

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