2009-10-22 07:30:00 CEST

2009-10-22 07:30:01 CEST


REGULATED INFORMATION

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Tiimari Oyj Abp - Company Announcement

Tiimari Plc's convertible capital loan was oversubscribed


TIIMARI PLC         STOCK EXCHANGE RELEASE 22 OCTOBER 2009 at 08.30             


TIIMARI PLC'S CONVERTIBLE CAPITAL LOAN WAS OVERSUBSCRIBED                       


Tiimari Plc has issued a 4.980.000 convertible capital loan in accordance with  
the decision taken by the general meeting on 19th October 2009. The loan was    
oversubscribed and the board has decided on the allocation of the loan. The     
oversubscription was reduced from the subscriptions of the parties that had     
given the subscription guarantee.                                            
The terms of the loan are in accordance with the decision taken by the general 
meeting: the annual interest rate of the loan is 8 %, the interest is paid      
annually on 31st March, the loan amount is due 29th March 2013 and is           
exchangeable to shares from 30th October 2009 to 15th March 2013 with an        
exchange of approximately 1.4746 euros per share.                               
On the basis of the loan, the amount of company shares could rise by a maximum  
of 3.377.173 shares.                                                            


Helsinki 22nd October 2009                                                      

TIIMARI PLC                                                                     
Further information: CFO Maija Elenius                                          
tel. + 358 (0)3 812911, e-mail maija.elenius@tiimari.fi 
Distribution: NASDAQ OMX Helsinki                                               
important news media                                                            
www.tiimari.com     
Tiimari Plc shares are listed at Nasdaq OMX Helsinki Plc. The Group comprises   
two retail shop concepts, Tiimari and Gallerix. The concepts operate nearly 300 
shops in seven countries within the Baltic Sea region. Both concepts belong to  
the forerunners within their business segments.