TAMGLASS' SALES IN NOVEMBER INCREASED THE GROWTH...

TAMGLASS´ SALES IN NOVEMBER INCREASED THE GROWTH OF RECEIVED ORDERS TO 65% Tamglass Ltd, a Kyro Group company, received in November orders with a record high aggregate value of approximately FIM 120 million (20 MEUR). The aggregate value at the end of November of all orders received during the on going year was also at record high level and approximately 65% higher than in the corresponding period last year. The strong demand for Tamglass safety glass production lines and machines has also continued in December. The orders originate from the architectural and automotive glass industries in the company's major market areas: North and South America, the Far East and Europe. Orders will be delivered in the summer and autumn of 2001 and they ensure the continuing growth of the company in the year 2001. - Net sales for Tamglass in the year 2000 is expected to grow by more than one-fifth and the operating result to improve significantly over the previous year. Our strong order backlog pre-indicates a continuing favorable development of the safety glass machine market also in the future, says Pentti Yliheljo, President and CEO of Tamglass Ltd. Tamglass designs and manufactures safety glass machinery and production lines for architectural and automotive glass industries as well as furniture industries. Tamglass is the global market leader in safety glass machinery and the company has delivered approximately 1,300 safety glass production lines to 70 countries. KYRO Corporation Pentti Yliheljo President and CEO For more information, please contact Mr. Pentti Yliheljo, president and CEO Tel. +358 3 372 3100 ------------------------------------------------------------ This information was brought to you by BIT http://www.bit.se The following files are available for download: http://www.bit.se/bitonline/2000/12/27/20001227BIT00100/bit0001.doc http://www.bit.se/bitonline/2000/12/27/20001227BIT00100/bit0002.fcm