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TAMGLASS INSULATING GLASS AND TAMGLASS SAFETY GLASS COMPLETE EMPLOYEE

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Kyro Corporation       STOCK EXCHANGE RELEASE      15 June 2006 10.00 a.m.


TAMGLASS INSULATING GLASS AND TAMGLASS SAFETY GLASS COMPLETE EMPLOYEE
NEGOTIATIONS

Tamglass Insulating Glass Ltd. and Tamglass Safety Glass Ltd., part of Kyro's
main business area Glaston Technologies, are merging their operations during the
summer. The companies have now completed the merge-related employee negotiations,
which started on 5 June 2006 and concerned administrative staff. As a result of
the negotiations, the companies' administrative personnel is reduced by five
people.

Behind the arrangement is the need to boost both companies' production by
reducing fixed costs and improving the productivity of personnel, production
units and machinery. Tamglass Safety Glass and Tamglass Insulating Glass share
synergies, which will materialise through the merger of production and
administration.

After the reductions, some 160 people work in Kyro's Glass Processing Group
companies Tamglass Insulating Glass, Tamglass Safety Glass and Tamglass Finton.

In Tampere on 15 June 2006

Kyro Corporation

Emmi Watkins
IR & Communicationd Manager

Further information:

Glass Processing Group, Managing Director Mr Claus Carlsen,
tel. +358 40 728 8191 / claus.carlsen@tamglass.com.

Kyro Corporation, IR & Communications Manager Ms Emmi Watkins,
tel. +358 400 903 260 / emmi.watkins@kyro.fi


Kyro Corporation is a financially solid and growing international technology
group. The Glass Machinery Group, part of the main business area Glaston
Technologies, is the global market leader in glass processing machines. Glaston
Technologies' Glass Processing Group is the leading supplier of comprehensive
architectural glass solutions in Finland and neighbouring areas. The Group's
Energy business consists of the environmentally friendly, local energy producer
Kyro Power.

www.kyro.fi

Distribution: Helsinki Stock Exchange, main media

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