Tikkurila Oyj - Company Announcement

Tikkurila to reduce personnel in Finland

Tikkurila Oyj
Stock Exchange Release
January 16, 2012 at 9:00 a.m. (CET+1)

Tikkurila has concluded the co-operation negotiations started in November 2011.
The negotiations targeted all personnel groups and functions of Tikkurila Oyj in
Finland. As a result of the negotiations, a total of 62 persons, working in
various functions of the company, will be dismissed. Of these personnel
reductions, altogether 39 employees are directors and other white-collar workers
and 23 are blue-collar workers.

The negotiations were initially expected to result in the reduction of 100
employees at the most. In 2011, the Tikkurila Group had all in all some 3,700
employees, of which approximately 750 worked in Finland.

The personnel reductions and related support activities are estimated to result
in non-recurring expenses of EUR 1.5-2.0 million during the financial year 2012.

In addition, Tikkurila Oyj has decided to outsource the canteen, cleaning
services, facility management and office services at its Vantaa site in Finland
to ISS Palvelut Oy as of January 31, 2012. As a result of the agreement,
approximately 50 employees will be transferred to ISS Palvelut Oy as old
employees.

The measures conducted are a part of Tikkurila's group-wide program started at
the end of 2011. The program aims at more flexible organization and cost
structure, as well as at streamlining all operations in the prevailing uncertain
and quickly changing market environment. According to the plan, the organization
structure will be revised, areas of responsibilities clarified and ways of
operating changed. In addition, the roles of Group's production facilities will
be reconsidered and reorganized where applicable.

In addition to Finland, Tikkurila has started organizational streamlining
measures in Poland at the beginning of 2012. Measures to improve efficiency and
facilitate structural change will be launched in all Tikkurila locations and
business units during the next few months.

Tikkurila Oyj
Erkki Järvinen


For further information, please contact:

Tikkurila Oyj
Erkki Järvinen, President and CEO
Mobile +358 400 455 913,erkki.jarvinen@tikkurila.com


For 150 years already, Tikkurila has provided consumers and professionals with
user-friendly and sustainable solutions for surface protection and decoration.
Tikkurila wants to be the leading paint company in the Nordic area as well as in
Russia and other selected Eastern European countries. - Tikkurila inspires you
to color your life.

www.tikkurilagroup.com





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