Marimekko - Company Announcement

MARIMEKKO CORPORATION OFFERS FOR SUBSCRIPTION A SMALL NUMBER OF SHARES TO ITS PERSONNEL AT 50% DISCOUNT

Marimekko Corporation, Stock Exchange Release, 26 April 2012 at 9.00 a.m.

MARIMEKKO CORPORATION OFFERS FOR SUBSCRIPTION A SMALL NUMBER OF SHARES TO ITS
PERSONNEL AT 50% DISCOUNT 

For larger subscriptions, a 10% discount is offered.

The Board of Directors has, pursuant to the authorization granted by the Annual
General Meeting of Shareholders held on 17 April 2012, decided to arrange a
share issue in which new shares in the company are offered for subscription to
the personnel and to designers employed by the company on a freelance basis.
The Board of Directors will decide on the detailed terms and conditions and
schedule of the share issue in fall 2012. The Board of Directors considers
important that the personnel is informed on the future share issue as early as
possible and is able to get prepared to participate in the share issue. 

”We in Marimekko aim to create unique corporate culture in which the sense of
togetherness of the personnel is essential. In a creative company like
Marimekko, the success of the company is practically dependent solely on the
people. The purpose of the share issue is to encourage the personnel and
designers to acquire and own the company´s shares. Marimekko has a long-term
international growth strategy, and I firmly believe that this is a good way to
further increase entrepreneurial spirit, to motivate our personnel to reach our
ambitious targets and award them for good performance. In this manner, we want
to be way-makers in committing personnel also through direct shareholding,”
says President and CEO Mika Ihamuotila. 

A maximum total of 150,000 new shares in the company will, in deviation from
the shareholders' pre-emptive right, be offered for subscription to the
company's personnel and to designers employed by the company on a freelance
basis. The company has a weighty financial reason for the deviation from the
shareholders' pre-emptive right, since the purpose of the share issue is to
encourage the personnel and designers to acquire and own the company´s shares. 

In the share issue, each employee will have the right to subscribe new shares
at two differed subscription prices. The share subscription price for the first
50 shares to be subscribed will be the prevailing quotation of the share on
NASDAQ OMX Helsinki Ltd at that time, determined by the Board of Directors,
deducted by 50%. The share subscription price for shares to be subscribed after
the first 50 shares will be the prevailing quotation of the share on NASDAQ OMX
Helsinki Ltd at that time, determined by the Board of Directors, deducted by
10%. The minimum subscription is 20 shares. The intention is that in case of
oversubscription small subscriptions will primarily be favoured instead of big
individual subscriptions. 

The Board of Directors will decide on the final subscription price of the
shares to be offered, on the share subscription period, on payment of
subscriptions and on other detailed terms and conditions estimated in
August-September 2012. 

For additional information, contact:
Mika Ihamuotila, President and CEO, tel. +358 9 758 71

MARIMEKKO CORPORATION
Group Communications

Piia Kumpulainen
Tel. +358 9 758 7293
piia.kumpulainen@marimekko.fi

DISTRIBUTION:
NASDAQ OMX Helsinki Ltd
Key Media

Marimekko is a Finnish textile and clothing design company renowned for its
original prints and colours. The company designs and manufactures high-quality
interior decoration items ranging from furnishing fabrics to tableware as well
as clothing, bags and other accessories. When Marimekko was founded in 1951,
its unparalleled printed fabrics gave it a strong and unique identity.
Marimekko products are sold in approximately 40 countries. In 2011, brand sales
of Marimekko products worldwide amounted to approximately EUR 170 million and
the company's net sales were EUR 77 million. The number of Marimekko stores
totalled 90 at the year end. The key markets are North America, Northern Europe
and the Asia-Pacific region. The Group employs around 430 people. The company's
share is quoted on NASDAQ OMX Helsinki Ltd. www.marimekko.com