Marimekko - Company Announcement

MOST OF MARIMEKKO’S EMPLOYEES SUBSCRIBED FOR SHARES IN THE COMPANY’S SHARE ISSUE DIRECTED TO THE PERSONNEL

Marimekko Corporation, Stock exchange release, 4 October 2012 at 2.50 PM

The Board of Directors of Marimekko Corporation decided on 13 August 2012 on
the terms and conditions of a share issue directed to the company's personnel
and designers employed by the company on a freelance basis. In the share issue,
150,000 new shares in the company were offered for subscription. The
subscription price was EUR 6.50 per share for the first fifty shares and EUR
11.70 per share for the shares subscribed for after the first fifty shares. The
share subscription period ended on 28 September 2012. The Board of Directors
has decided on the approval of the share subscriptions. 

The Board of Directors approved 49,610 subscriptions for new shares. The total
subscription price of the new shares is EUR 501,449. Approved subscriptions
shall be paid not later than 26 October 2012. 

The shares subscribed for in the share issue represent in total 0.62 percent of
the company's existing shares and the voting rights carried by the existing
shares before the share issue and 0.61 percent of the company's existing shares
and new shares and the voting rights carried by the existing and new shares
after the share issue. The majority of those entitled to subscribe took part in
the share issue. Subscriptions were placed by 308 company employees and
freelance designers out of a total of 510 who were entitled. 

President and CEO Mika Ihamuotila: “I am delighted that most of Marimekko's
employees will now also be shareholders in the company. I believe that the
interest generated by the issue communicates the personnel's confidence in the
company and its internationalisation strategy. I hope that holding shares will
tend to further reinforce the sense of belonging and the entrepreneurial spirit
in the company. Due to my position in the company I decided that it would not
have been appropriate for me to subscribe any shares with the discount in this
share issue.” 

The shares subscribed for and paid in accordance with the terms and conditions
of the share issue will be entered into the Trade Register and applied for
public trading estimated during week 46. After the Trade Register entry of the
new shares, the total number of shares of the company will increase by 49,610
shares to 8,089,610 shares. If all the approved subscriptions will be paid in
accordance with the terms and conditions, the total subscription price of EUR
501,449 will be credited to the reserve of the company's invested unrestricted
equity. 

Further information:
Mika Ihamuotila, President and CEO, tel. +358 9 758 71

MARIMEKKO CORPORATION
Corporate Communications

Piia Kumpulainen
Tel. +358 9 758 7293
piia.kumpulainen@marimekko.fi

DISTRIBUTION:
NASDAQ OMX Helsinki Ltd
Key Media

Marimekko is a Finnish textile and clothing design company renowned for its
original prints and colours. The company designs and manufactures high-quality
interior decoration items ranging from furnishing fabrics to tableware as well
as clothing, bags and other accessories. When Marimekko was founded in 1951,
its unparalleled printed fabrics gave it a strong and unique identity.
Marimekko products are sold in approximately 40 countries. In 2011, brand sales
of Marimekko products worldwide amounted to approximately EUR 170 million and
the company's net sales were EUR 77 million. The number of Marimekko stores
totalled 90 at the year end. The key markets are North America, Northern Europe
and the Asia-Pacific region. The Group employs around 500 people. The company's
share is quoted on NASDAQ OMX Helsinki Ltd. www.marimekko.com