Kyro - Company Announcement

Board of Directors of Kyro approves incentive plan for key personnel

KYRO CORPORATION                           STOCK EXCHANGE RELEASE
              9 MAY 2007 at 08.25 a.m.


BOARD OF DIRECTORS OF KYRO APPROVES INCENTIVE PLAN FOR KEY PERSONNEL

The Board of Directors of Kyro Corporation has approved a new
share-based incentive plan for the Kyro Group's (Glaston Corporation
as of 1 June 2007) key personnel.

The plan includes three one-year earning periods which are the
calendar years 2007, 2008 and 2009. The rewards will be paid partly
as the Company's shares and partly in cash in 2008, 2009 and 2010.
The proportion to be paid in cash will cover taxes and tax-related
costs arising from the reward to the key personnel. It is prohibited
to transfer the shares within two years from the reward payment.

The potential reward from the plan for the earning period 2007 will
be based on the Group's operating profit and the growth of net sales.

The incentive plan is directed to approximately 20 key employees
during the earning period 2007.

If the targets established for the earnings criteria of the plan for
years 2007-2009 are attained in full, the rewards to be paid on the
basis of the plan will correspond to the gross value (including also
the cash payment) of approximately 1,305,000 Kyro Corporation shares.

Helsinki, 9 May 2007

Kyro Corporation
Emmi Berlin
IR & Communications Manager

For further information, please contact:
HR Director Ari Himma at tel. +358 50 571 2500

Kyro Corporation (Glaston Corporation as of 1 June 2007) is a
growing, financially solid international technology group.  Glaston
is the global market leader in glass processing machines, and its
product range and service concept are the widest in the industry.
Its well known brands are Bavelloni in pre-processing machines and
tools, Tamglass in safety glass machines, and Uniglass.  Tamglass
Glass Processing Ltd is a comprehensive supplier of architectural
glass operating in Finland and neighbouring countries.

www.kyro.fi
www.glaston.net

Distribution: Helsinki Stock Exchange, main Finnish media