Okmetic Oyj - Company Announcement

OKMETIC WILL TRANSFER 56,033 OWN SHARES HELD BY THE COMPANY AS A PART OF THE COMPANY'S SHARE-BASED INCENTIVE SCHEME

OKMETIC OYJ STOCK EXCHANGE RELEASE    8 FEBRUARY 2012  AT 10.00 A.M.

OKMETIC WILL TRANSFER 56,033 OWN SHARES HELD BY THE COMPANY AS A PART OF THE
COMPANY'S SHARE-BASED INCENTIVE SCHEME

Okmetic Oyj will transfer a total of 56,033 own shares held by the company as a
part of the company's share-based incentive scheme for the executive management
group, of which the company gave a stock exchange release on 11 February 2010.
All the shares are issued to the members of the executive management group in
deviation from the shareholders' pre-emptive rights (directed share issue).

Okmetic's board of directors decided on 11 February 2010 on a performance-based
share reward programme for the executive management group for 2010 and 2011 as a
part of the group's incentive and commitment scheme. Okmetic's board of
directors has today confirmed the remuneration that shall be granted for the
second earning period 1 January - 31 December 2011, based on the realisation of
the targets set in the programme.

The rewards of the share reward programme will be paid on the one hand in
Okmetic shares and on the other hand in a monetary amount covering taxes.

The annual general meeting of Okmetic Oyj has on 7 April 2011 authorised the
board of directors to transfer own shares held by the company for instance
through a directed share issue.

The company's board of directors has today granted the persons participating in
the share reward programme share rewards in accordance with the terms and
conditions of the programme by means of a directed share issue without payment
comprising a total of 56,033 own shares held by the company. The directed share
issue without payment will be executed in full as there is no consideration
related to the issue. The shares will entitle to shareholders' rights when the
shares have been transferred to the shareholder. The share issue does not affect
the share capital of the company. After the share issue, the company will hold
241,543 own shares.

The shares earned based on the share reward programme must be held for at least
two years after each reward disbursement. In addition, the president must hold
at least half of the shares received as share reward for as long he is in the
service of the company. If a person participating in the programme ceases to be
in the service of the company, his rights based on the programme shall expire.
The persons in the programme may change during the course of the programme.

In addition to the share reward programme directed to the executive management
group, Okmetic has a share ownership programme directed to the president and
deputy to the president.


OKMETIC OYJ

Board of directors

For further information, please contact:

Senior Vice President, Finance, IT, and Communications
Juha Jaatinen, Okmetic Oyj, tel. +358 9 5028 0286,
email: juha.jaatinen@okmetic.com

Distribution:
NASDAQ OMX Helsinki
Principal media
www.okmetic.com

OKMETIC IN BRIEF

Take it higher

Okmetic is a technology company which supplies tailor-made silicon wafers for
sensor and semiconductor industries and sells its technological expertise to the
solar cell industry. Okmetic provides its customers with solutions that boost
their competitiveness and profitability.

Okmetic's silicon wafers are part of a further processing chain that produces
end products that improve human interaction and quality of life. Okmetic's
products are based on high-tech expertise that generates added value for
customers, innovative product development and an extremely efficient production
process.

Okmetic has a global customer base and sales network, production plants in
Finland and the US and contract manufacturers in Japan and China. Okmetic's
shares are listed on NASDAQ OMX Helsinki under the code OKM1V. For more
information on the company, please visit our website at www.okmetic.com.


[HUG#1583581]

Attachments:

OKME0512.pdf