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ORDERS WORTH EUR 27.7 MILLION FOR GLASTON TECHNOLOGIES IN DECEMBER 2004

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Kyro Corporation     STOCK EXCHANGE ANNOUNCEMENT 11 January, 2005  3.30 pm.


ORDERS WORTH EUR 27.7 MILLION FOR GLASTON TECHNOLOGIES IN DECEMBER 2004

Kyro Group's main business area, Glaston Technologies, has received a record
amount of new machinery orders in December 2004, EUR 27.7 million. The previous
month record was achieved in December 2003 when orders were received worth EUR
23.5 million. Orders of December 2004 raised Glaston Technologies' order book at
a level of EUR 62.2 million (according to FAS). On December 31, 2003 the order book
was EUR 58.8 million.

Ordered machines will be delivered mainly during first half of the year 2005. The orders
were received from all main market areas and they come from both the
architectural and automotive glass industries. The demand for safety glass
machinery and glass processing machines and tools is increasing all over the
world except in Middle Europe where demand is still low.

Kyro is a growth-driven, financially solid, and global technology group. Its
business areas are Glaston Technologies and Energy. Glaston Technologies
comprises of the globally operating Glass Machinery Group, which is the world
market leader in glass processing machinery, and the Glass Processing Group,
which focuses on markets in Finland and neighbouring areas. The Energy
business area consists of the energy producer Kyro Power Oy, which generates
energy in modern power plants, heat and electricity in its gas-fired power plant
and electricity in its hydropower plant.

Kyro will issue its financial statement for the financial period 1 January - 31
December 2004 on 3 February 2005.



Further                    Kyro Corporation, Pentti Yliheljo,
information:               President and CEO,
                           tel. +358 3 382 3111

Investor
Communications             Kyro Corporation, Vesa Hopia, CFO,
Relations:                 tel. +358 40 841 5816

Distribution:              Helsinki Exchanges
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