Oriola-KD Oyj - Company Announcement

Oriola-KD Corporation's shareholders demand for including combining of the share classes and directed issue of shares without payment in the agenda of the Annual General Meeting

Oriola-KD Corporation Stock Exchange Release 29 January 2014 at 8:30 a.m.

Oriola-KD Corporation's shareholders demand for including combining of the share
classes and directed issue of shares without payment in the agenda of the Annual
General Meeting

The Board of Directors of Oriola-KD Corporation ("Oriola-KD" or the "Company")
has on 28 January 2014 from a group of shareholders holding more than 10 per
cent of the shares in Oriola-KD and more than 15 per cent of the total votes,
received a demand in accordance with Chapter 5 Section 5 of the Companies Act to
have the combining of the share classes and directed issue of shares without
payment dealt with by and included in the agenda of the Annual General Meeting
scheduled to be convened on 24 March 2014.

The following proposals will be included in the notice to convene and agenda of
the Annual General Meeting:"The shareholders of Oriola-KD Corporation Varma Mutual Pension Insurance
Company, Ilmarinen Mutual Pension Insurance Company and Mariatorp Oy, holding
together more than ten per cent of Oriola-KD shares, propose the Articles of
Association of the Company to be amended in a way that Oriola-KD's class A and
class B shares are combined to one single share class and the provisions
concerning different share classes are removed from the Articles of Association.
After the combination all Oriola-KD shares would carry one vote each and have
equal rights. The same shareholders propose also that in connection with the
amendment of the Articles of Association, the Annual General Meeting would
decide on a directed share issue without payment to holders of class A shares in
such a way that for each fourteen (14) class A shares held one (1) new share in
Oriola KD's single share class after the amendment of the Articles of
Association would be given. New shares that in the directed issue would be given
as fractions of shares would be sold on behalf of those entitled to such shares.


The purpose of the share issue would be to compensate holders of class A shares
for the loss of voting rights as a result of the combining of the two share
classes.  According to the shareholders behind the proposal, combining the two
share classes could improve the liquidity of the Oriola-KD shares and increase
their market value. In addition the arrangement could clarify the Company's
ownership and vote structure as well as its transparency thereby increasing the
interest in Oriola-KD as an investment object. The combining of the share
classes could also improve the Company's possibilities to raise equity financing
through share issues and participate in different kinds of sector
restructurings. The share issue would thus be in the interest of the Company and
all of its shareholders and would have a particularly weighty financial reason
provided by the Finnish Companies Act."

The Board of Directors of Oriola-KD will include the proposals of the
shareholders in the agenda of the Annual General Meeting. The notice to convene
the Annual General Meeting on 24 March 2014 will in its entirety be published on
25 February 2014.

Oriola-KD Corporation

Board of Directors



For additional information, please contact:

Jukka Alho
Chairman of the Board of Directors
tel. +358 40 7367433

Petter Sandström

General Counsel, secretary to the Board of Directors

tel.  +358 10 429 5761

e-mail: petter.sandstrom@oriola-kd.com



Distribution

NASDAQ OMX Helsinki Ltd

Key media



Released by:

Oriola-KD Corporation

Corporate Communications

Orionintie 5

FI-02200 Espoo

www.oriola-kd.com




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