KYRO CORPORATION Stock Exchange Release 23 February 2001 02.00 pm NEW KYRO CORPORATION´S KEY INDICATORS PRO FORMA 1.1.-31.12.2000 As decided in the extraordinary meeting of shareholders on November 22, Kyro Corporation will be demerged into two new companies, Kyro Corporation and Tecnomen Holding Corporation, on 1 April 2001 (estimated). Tecnomen Holding will receive the shares of Tecnomen Corporation owned by the present Kyro Corporation and a corresponding amount of equity. The shares of Tamglass Ltd. Oy and Kyro Power Oy owned by the company to be demerged, as well as all other assets and liabilities and all other equity are to be transferred to new Kyro Corporation. New Kyro Corporation´s key indicators pro forma of financial statement are issued enclosed. NEW KYRO CORPORATION PRO FORMA 1.1.-31.12.2000 MEUR 2000 2000 1999 Net Sales 117,3 117,3 100,0 Operating Profit 55,3 16,4* 9,9 Operating Profit 47 % 14 % 10 % % Shareholders´equ 140,7 108,8 ity Balance sheet 187,8 180,4 total Equity ratio % 82 % 68 % Gearing % -47 % -37 % (debt/equity ratio) Orderbook 87,7 56,7 *Profit and expenditures from the sale of Tecnomen shares, which have been booked in in the parent company´s Profit and Loss statement have been excluded. Interim report 1/2001 (1.1.-31.3.2001) will be issued on 8 May 2001. Kyro Corporation Veli Arja Louhimo Kronqvist CFO Group Controller Distribution: Helsinki Exchanges Key media For further Kyro Corporation, Veli Kronqvist, Vice President Finance, Information: ++358-400-838 140 Investor Kyro Corporation, Mika Nevalainen, Vice President Corporate Relations: Communications, ++358-400-882 024 ------------------------------------------------------------ This information was brought to you by BIT The following files are available for download: