Kemira Oyj - Company Announcement

SUBSCRIPTION TO KEMIRA SHARES UNDER STOCK OPTION PROGRAM

A total number of 43.690 new shares in Kemira Oyj have been
subscribed on the basis of the stock option rights granted under the
stock option program of the year 2001. In accordance with the stock
option program the subscription price of shares was EUR 2.11 per
share for subscriptions made by April 16, 2007 and for subscriptions
made thereafter EUR 1.77 per share.

The increase in share capital relating to the new shares will be
entered in the trade register on June 27, 2007, whereby the share
capital in Kemira Oyj increases by EUR 77,535.30. After the increase
the share capital of Kemira Oyj is EUR 221,761,780.72. Including the
new shares, the total amount of shares in Kemira Oyj comes up to
125,045,000 shares.

The shareholder rights relating to the new shares commence as of June
27, 2007 and will entitle to a dividend equal to that of the old
shares in the company. An application will be made for entering the
new shares on to the Helsinki Stock Exchange Main List for public
trading, together with the old shares in the company. Trading in
these shares will start on June 28, 2007.


Kemira Oyj
Jukka Hakkila, Secretary to the Board of Directors


For further information please contact

Kemira Oyj,
Jukka Hakkila, Secretary to the Board of Directors
Tel. +358 (0)10 862 1690, Mobile +358 (0)40 544 2303




Kemira is a chemicals  group made up of  four business areas:  Kemira
Pulp&Paper, Kemira  Water,  Kemira  Specialty  and  Kemira  Coatings.
Kemira is a global group of leading chemical businesses with a unique
competitive position and a high degree of mutual synergy.

In 2006, Kemira recorded revenue of around EUR 2.5 billion and had  a
payroll of 9,000 employees. Kemira operates in 40 countries.

www.kemira.com

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SUBSCRIPTION TO KEMIRA SHARES UNDER STOCK OPTION PROGRAM