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LARS HAMMARÉN'S HOLDING IN KYRO CORPORATION

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Kyro Corporation  STOCK EXCHANGE RELEASE 16 May, 2005  5.30 pm


LARS HAMMARÉN'S HOLDING IN KYRO CORPORATION

Kyro Corporation has received on 16 May, 2005 from Lars Hammarén a notification
in compliance with Chapter 2 Section 9 of the Finnish Securities Market Act
according to which his ownership of share capital in Kyro Corporation has gone
under 5%.

1. Name of target company: Kyro Corporation (Business Identity Code 1651585-0)

2. Date of ownership change: May 16, 2005

3. Holding in Kyro Corporation in detail:

Owner                  No. of         Share of        Share of
                       Shares owned   capital         votes

Lars Hammarén          0               0 %              0 %


The share capital of Kyro Corporation consists of 79 350 000 shares, which convey
a total of 79 350 000 votes.

Tampere, May 16, 2005

KYRO CORPORATION


Vesa Hopia        Arja Louhimo


Distribution:     Helsinki Exchanges
                  Key media

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