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IITTALA GROUP TO START CODETERMINATION NEGOTIATIONS AT ARABIA, IITTALA, AND NUUTAJÄRVI PLANTS

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Fiskars Corp.    Stock Exchange Release, February 16 2009 at 2 p.m.             


IITTALA GROUP TO START CODETERMINATION NEGOTIATIONS AT ARABIA, IITTALA, AND     
NUUTAJÄRVI PLANTS                                                               

Fiskars Corporation's subsidiary Iittala Group Ltd. will start codetermination  
negotiations on redundancies and temporary lay-offs at its plants in Arabia     
(Helsinki), Iittala, and Nuutajärvi. These will cover a total of some 450       
people, and redundancies are expected to involve around 60 people. The          
negotiations are aimed at adapting the plants' operations to a challenging      
market environment.                                                             

Further information:                                                            
Tero Vähäkylä, President, Iittala Group Ltd, tel. +358 204 39 5306 
Pia Nybäck, Director, Arabia plant, Iittala Group, tel. +358 204 39 5223        
Osmo Strengell, Director, Glass Factories, Iittala Group, tel. +358 204 39 6249 


FISKARS CORPORATION                                                             
Kari Kauniskangas                                                               

Fiskars is a leading global supplier of consumer products for the home, garden  
and outdoors. The group has a strong portfolio of trusted international brands  
including Fiskars, Iittala, Gerber, Silva, and Buster. Associated company,      
Wärtsilä Corporation, is also an important part of the group, and forms one of  
Fiskars' operating segments, together with the Americas, EMEA, and Other.       
Founded in 1649 and listed on NASDAQ OMX Helsinki, Fiskars is Finland's oldest  
company. Fiskars recorded net sales of €697 million in 2008, and employs some   
4,100 people.                                                                   

www.fiskars.fi

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