Tikkurila Oyj - Company Announcement

Board of Directors' proposals to the Annual General Meeting to be held on April 10, 2013

Tikkurila Oyj
Stock Exchange Release
March 7, 2013 at 12:30 p.m. (CET+1)

1. Resolution on the use of the profit shown on the balance sheet and the
payment of dividend

The Board of Directors proposes to the Annual General Meeting that a dividend of
EUR 0.76 per share be distributed for the year ended on December 31, 2012 and
that the rest be retained in the unrestricted equity. The proposed dividend
totals approximately EUR 33.5 million, which corresponds to approximately 82.6
percent of the Group's net profit for 2012. The Board of Directors proposes that
the record date for the payment of the dividend be April 15, 2013 and that the
dividend be paid on April 24, 2013.

2. Resolution on the remuneration of the Auditor

The Board of Directors proposes to the Annual General Meeting, on the
recommendation of the Audit Committee, that the Auditor's fees be paid against
an invoice approved by the Company.

3. Election of the Auditor

The Board of Directors proposes to the Annual General Meeting, on the
recommendation of the Audit Committee, that KPMG Oy Ab be elected as the
Company's auditor APA Toni Aaltonen acting as the principal auditor.

4. Authorizing the Board of Directors to decide on the repurchase of the
Company's own shares

The Board of Directors proposes that the Annual General Meeting authorize the
Board of Directors to decide upon the repurchase of a maximum of 4,400,000
Company's own shares with assets pertaining to the Company's unrestricted equity
in one or more tranches. The proposed maximum amount of the authorization
corresponds to approximately 10 percent of all the shares in the Company.

The Company's own shares will be repurchased through public trading, due to
which the repurchase will take place in directed manner, i.e. not in proportion
to the shareholdings of the shareholders. The shares will be repurchased in
public trading on the NASDAQ OMX Helsinki Ltd at the market price quoted at the
time of the repurchase. The shares will be repurchased and paid in accordance
with the rules of NASDAQ OMX Helsinki Ltd and Euroclear Finland Ltd.

The consideration payable for the repurchase of the shares shall be based on the
market price of the Company's share in public trading. The minimum consideration
of the repurchase of the Company's own shares is the lowest market price of the
share quoted in public trading during the authorization period and,
correspondingly, the maximum price is the highest market price of the share
quoted in public trading during the authorization period.

The shares may be repurchased to be used for financing or implementing possible
mergers and acquisitions, developing the Company's equity structure, improving
the liquidity of the Company's shares or to be used for the payment of the
annual fees payable to the members of the Board of Directors or for implementing
the share-based incentive programs of the Company. For the aforementioned
purposes, the Company may retain, transfer further or cancel the shares. The
Board of Directors would decide upon other terms related to repurchase of
shares.

The repurchase authorization would be valid until the end of the next Annual
General Meeting, however, no longer than until June 30, 2014.

This authorization would cancel the repurchase authorization granted by the
Annual General Meeting to the Board of Directors on March 28, 2012.

5. Authorizing the Board of Directors to decide on the issuance of shares

The Board of Directors proposes that the Annual General Meeting authorize the
Board of Directors to decide to transfer Company's own shares held by the
Company or to issue new shares in one or more tranches limited to a maximum of
8,800,000 shares. The proposed maximum aggregate amount of the authorization
corresponds to approximately 20 percent of all the shares in the Company.

The Company's own shares held by the Company may be transferred and the new
shares may be issued either against payment or without payment. The new shares
may be issued and the Company's own shares held by the Company may be
transferred to the Company's shareholders in proportion to their current
shareholdings in the Company or deviating from the shareholders' pre-emptive
right through a directed share issue, if the Company has a weighty financial
reason to do so, such as financing or implementing mergers and acquisitions,
developing the Company's equity structure, improving the liquidity of the
Company's shares or to be used for the payment of the annual fees payable to the
members of the Board of Directors. Upon the issuance of the new shares, the
subscription price of the new shares shall be recorded to the invested
unrestricted equity reserves. In case of a transfer of the Company's own shares,
the price payable for the shares shall be recorded to the invested unrestricted
equity reserves.

The Board of Directors would decide upon other terms related to share issues.
The authorization would be valid until the end of the next Annual General
Meeting, however, no longer than until June 30, 2014.

This authorization would cancel the share issue authorization granted by the
Annual General Meeting to the Board of Directors on March 28, 2012.


In Vantaa, March 7, 2013

TIKKURILA OYJ
The Board of Directors

For further information, please contact:

Tikkurila Oyj
Antti Kiuru, Group Vice President, Legal
Mobile +358 400 686 488, antti.kiuru@tikkurila.com


For 150 years already, Tikkurila has provided consumers and professionals with
user-friendly and sustainable solutions for surface protection and decoration.
Tikkurila wants to be the leading paint company in the Nordic area as well as in
Russia and other selected Eastern European countries. - Tikkurila inspires you
to color your life.

www.tikkurilagroup.com


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