Huhtamäki Oyj - Corporate Action

Increase in share capital and listing of new shares resulting from use of option rights

HUHTAMÄKI OYJ STOCK EXCHANGE RELEASE 16.11.2009 AT 10.00

A total of 561,470 new shares of Huhtamäki Oyj have been issued based
on share subscriptions under Huhtamäki Oyj's 2003 option rights plan.
489,830 new shares were issued based on the option rights 2003 A and
71,640 based on the option rights 2003 B. The corresponding increase
in the company's share capital is EUR 1,908,998.00. The increase has
been entered in the Finnish Trade Register on November 16, 2009. The
company has requested NASDAQ OMX Helsinki Ltd. to list the new shares
for public trading beginning on November 17, 2009. In terms of
shareholder rights, the new shares are identical to the shares of the
company already traded on NASDAQ OMX Helsinki Ltd.

Following the increase, Huhtamäki Oyj's registered share capital is
EUR 360,615,288.00 and the number of shares outstanding is
106,063,320.

The 2003 A, 2003 B and 2003 C option rights under the Huhtamäki Oyj's
2003 option rights plan entitled to the subscription of a total of
2,250,000 new shares. The annual subscription period was May 2 -
October 31. The last subscription date for shares of all option
rights under the 2003 option rights plan was October 21, 2009.

Inquiries:

Mr Juha Salonen, Senior Vice President Administration and General
Counsel
Tel. +358 10 686 7851


HUHTAMÄKI OYJ
Group Communications

Huhtamaki Group is a leading manufacturer of consumer and specialty
packaging with 2008 net sales totaling EUR 2.3 billion. Foodservice
and consumer goods markets are served by approximately 13,000 people
in 59 manufacturing units and several sales offices in 34 countries.
The parent company, Huhtamäki Oyj, has its head office in Espoo,
Finland and is listed on the NASDAQ OMX Helsinki Ltd. Additional
information is available at www.huhtamaki.com.