Tokmanni Oyj - Company Announcement

Tokmanni Group: Increase in number of Board members and new members

Tokmanni  Group Corporation                 Company Announcement           April
29(th) 2016  at 10:30 EET



Tokmanni Group: Increase in number of Board members and new members

On  12 April 2016, the  extraordinary  general  meeting  of  shareholders of the
Company  decided to increase the number of  members on the Board of Directors to
seven,  and elected Kati  Hagros and Thérèse  Cedercreutz as new  members of the
Board of Directors.

Thérèse  Cedercreutz has been the Chief  Executive Officer of ThreeFiveEight Ltd
since  2015 and holds a  Master of Science  degree in Economics.  Ms. Hagros has
been the Senior Vice President of Digitalisation Strategy in Service Business at
Kone  Corporation since  2015. Ms. Hagros  holds a  Master of  Science degree in
Engineering and a Master's degree in Social Sciences.

Both new members of the Board of Directors are independent of the Company and
the Company's significant shareholders. As of this date, the Board of Directors
of the company has seven members: Tokmanni Group Oyj:n hallitus koostuu
29.4.2016 lähtien seitsemästä varsinaisesta jäsenestä: Harri Sivula, Thérèse
Cedercreutz, Robert Furuhjelm, Christian Gylling, Kati Hagros, Sven-Olof
Kulldorff, Seppo Saastamoinen.

The  change in  the number  of the  members of  the Board  of Directors  and the
election  of the new members of the  Board of Directors are conditional upon the
completion of the Offering and they enter into force today upon the commencement
of trading in the Shares on the pre-list of the Helsinki Stock Exchange.

Tokmanni Group Corporation

For more details, please contact:

Joséphine Mickwitz, Head of IR and Communications +358 20 728 6535

Tokmanni in brief

Tokmanni  is the largest general discount retailer in Finland measured by number
of  stores and revenue.  In 2015, Tokmanni's revenue  was EUR 755 million and on
average  it had approximately  3,200 employees. Tokmanni is  the only nationwide
general  discount retailer in Finland, with  156 stores across Finland as at 31
December 2015.

Distribution:

NASDAQ QMX Helsinki

Key Media


[HUG#2008287]