Notification on a change in holdings, referred to in chapter 2, section 10, of the securities markets act
Fiskars Corp. Stock exchange release August 3, 2009 at 10:30 AM
NOTIFICATION ON A CHANGE IN HOLDINGS, REFERRED TO IN CHAPTER 2, SECTION 10, OF
THE SECURITIES MARKETS ACT
Fiskars Corporation has been informed that the holdings of Elsa Fromond together
with the company Holdix Oy Ab where Elsa Fromond has a controlling interest,
have exceeded 1/10 (10%) threshold in Fiskars. The change was due to the
combination of Fiskars share series and the merger of Agrofin with Fiskars.
Under Chapter 2, Section 10 of the Securities Markets Act, we hereby announce
the following:
1 Identity of the issuer of the shares:
Fiskars Oyj Abp, corporate ID 0214036-5
2 Reason for the notification:
The stock exchange release published by Fiskars Oyj Abp on 31 July 2009 pursuant
to which the execution of the merger of Agrofin Oy Ab has been registered in the
Finnish Trade Register on 31 July 2009.
Fiskars Oyj Abp has on 15 April 2009 published a proposal to combine the
company's classes of shares into one class of shares with equal voting rights
and to merge Agrofin Oy Ab into the company. In relation thereto, Elsa Fromond
and Holdix Oy Ab notified on 16 April 2009 that when the mentioned arrangements
are implemented and the execution of the merger of Agrofin Oy Ab has been
registered in the Finnish Trade Register, the combined holding of Elsa Fromond
and Holdix Oy Ab will exceed 1/10 of all the shares and votes in Fiskars Oyj
Abp.
3 Full name of person subject to the notification obligation:
Elsa Margaretha Louise Fromond
Holdix Oy Ab (a company controlled by Elsa Fromond), corporate ID 0758027-1
4 Date of the transaction and date on which the threshold is exceeded:
July 31, 2009
5 Threshold that is exceeded:
Exceeded 1/10
6 Notified details:
Shares and voting rights attached to them
Situation previous to the transaction
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| Class of | Number of | Number of |
| shares | shares | voting rights |
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| A | 851,159 + 3,089,122 | 851,159 + 3,089,122 |
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| K | 260,900 + 1,727,594 | 5,218,000 + 34,551,880 |
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| Total | 5,928,775 | 43,710,161 |
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Resulting situation after the transaction
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| Class of | Number of | % of | Number of | % of |
| shares | shares | shares | voting rights | votes |
--------------------------------------------------------------------------
| FIS1V |Direct 3,823,926 | 4.7 | 3,823,926 | 4.7 |
--------------------------------------------------------------------------
| FIS1V |Indirect 5,959,050 | 7.3 | 5,959,050 | 7.3 |
--------------------------------------------------------------------------
Chain of controlled undertakings through which the voting rights are effectively
held or the party subject to the notification obligation to disclose major
holdings is party to an agreement or other arrangement:
Holdix Oy Ab, a company controlled by Elsa Fromond
Situation previous to the transaction
-----------------------------------------------------------------
| Class of | Number of | Number of |
| shares | shares | voting rights |
-----------------------------------------------------------------
| A | 3,089,122 | 3,089,122 |
-----------------------------------------------------------------
| K | 1,727,594 | 34,551,880 |
-----------------------------------------------------------------
| Total | 4,816,716 | 37,641,002 |
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Resulting situation after the transaction
--------------------------------------------------------------------------
| Class of | Number of | % of | Number of | % of |
| shares | shares | shares | voting rights | votes |
--------------------------------------------------------------------------
| FIS1V | 5,959,050 | 7.3 | 5,959,050 | 7.3 |
--------------------------------------------------------------------------
Further information:
General Counsel Jutta Karlsson, tel. +358 9 6188 6218
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 EUR 697 million in 2008, and employs some
4,000 people.
www.fiskars.fi