Tiimari Oyj Abp - Corporate Action

Tiimari Plc's Directed issue - Price setting, Final terms and Conditions and the Outcome from the Bookbuilding

TIIMARI PLC        Stock Exchange Release 24.4.2009, at 08.30                   

TIIMARI PLC's DIRECTED ISSUE - PRICE SETTING, FINAL TERMS AND CONDITIONS AND THE
OUTCOME FROM THE BOOKBUILDING                                                   

The Board of Directors of Tiimari Plc (the ”Company”) has on April 23, 2009     
resolved - by virtue of the authorization granted by the Annual General Meeting 
on April 7, 2009 - to issue 5,175,535 new shares (“Shares”). The offered amount 
was increased from the amount previously announced by 20,000 shares because of  
the overbooking.                                                                

Nordea Corporate Finance acted as the Bookrunner of the offering during April 20
to 23, 2009. The directed issue was offered to less than a hundred investors.   
The Board of Directors set the Subscription Price for the Shares at EUR 1,25    
based on the outcome in the book-building procedure and also decided on the     
final terms and conditions of the directed issue.                               

The pre-emptive subscription rights of the shareholders are deviated from since 
the purpose of the share issue is to strengthen the balance sheet structure and 
the financial position of the Company in a way that is financially efficient and
less time-consuming and taking the instability of the financial market into     
consideration.                                                                  
A total of 5,175,535 Shares are being issued by the Company and they represent  
approximately 45, 8 per cent of the shares in the Company prior to the issue.   
The Board of Directors accepted the subscriptions and resolved on the allocation
of the new shares to the subscribers. A total of 2,631,036 Shares were allocated
to Company's related parties who as has been earlier informed had indicated     
their intention to subscribe shares for at least 3 million euro. The Shares     
shall be paid for on April 29, 2009 at the latest. The number of the shares in  
the Company will be 16,486,605 shares after the issue.                          

The Shares are estimated to be entered into the trade register on April 30,     
2009. The shares entitle to shareholders' rights in the Company as from the     
registration of the Shares.                                                     

The Shares will issued in the Finnish book-entry system. The Shares are         
estimated to be entered on the shareholders' book-entry securities accounts as  
temporary shares on April 29, 2009. The Shares are expected to be registered as 
ordinary shares in the Company on May 13, 2009 prior to being admitted to       
listing on the Nasdaq OMX Helsinki.                                             

Application will be made for admission of the Shares in the Company to listing  
on the Nasdaq OMX Helsinki when the Prospectus required for the admission of the
Shares has been approved by the Financial Supervisory Authority. It is expected 
that the admission will become effective and that the dealings will commence in 
the Share on or about May 14, 2009.                                    


Tiimari Plc                                                                     
The Board of Directors                                                          

Distribution:                                                                   
Nasdaq OMX Helsinki                                                             
Principal media                                                                 
www.tiimari.com                                                                 

For further information: Hannu Krook, the President, phone +358 3-812911,       
e-mail: hannu.krook@tiimari.fi                                                  



ANNEX                                                                           

TERMS AND CONDITIONS OF THE SHARE ISSUE                                         

Share subscription                                                              

The Board of Directors of Tiimari Plc (the ”Company”) will on April 23, 2009 -  
by virtue of the authorization granted by the Annual General Meeting on April 7,
2009 - issue 5,175,535 new shares. As an outcome from the issue the total number
of ordinary shares in the company will increase to 16,486,605 shares at the     
most. The issued shares represent about 45.8 per cent of the registered number  
of shares in the company prior to the issue.                                    


Subscription rights                                                             

The pre-emptive subscription rights of the shareholders are deviated from and   
the new shares will be offered to be subscribed for by less than a hundred      
mainly qualified institutional or professional investors identified in the      
book-building process by Nordea Corporate Finance (“Nordea”) and accepted by the
Board of Directors.                                                             

The pre-emptive rights of the shareholders are deviated from since the purpose  
of the directed issue is the need to strengthen balance sheet and the financial 
position of the company in a way that takes into consideration the instability  
in the financial market and is quick and cost effective. The Board of Directors 
resolves that there are thus weighty financial reasons from the company's       
perspective to deviate from the pre-emptive subscription rights of the          
shareholders.                                                                   

Subscription period                                                             

The subscription period commenced on April 20, 2009 and ended on April 23, 2009 
at 18.00 hours. The shares are subscribed immediately after the book-building is
closed in accordance with the underwritings made.                               


Subscription price and its entry into the balance sheet                         

The subscription price is euro 1.25. The price is based on the book-building    
procedure by Nordea and is considered the fair value of the Shares by the Board 
of Directors. The subscription price shall be recorded as an increase in the    
unrestricted invested equity fund.                                              

Terms of payment                                                                

The subscription price shall be paid on April 29, 2009 at the latest in         
accordance with the payment instructions provided by Nordea. The subscription   
price may also be paid by setting off when approved by the Board.               

Subscription, approval of subscriptions and conditions                          

The subscription of the shares is entered into a separate subscription list.    
Subscriptions are binding. The Board of Directors will resolve on the allocation
of the new shares in case of oversubscription and on the approval or dismissal  
of subscriptions by April 24, 2009. The approval is conditional to that the     
allocated share are paid for in accordance to the payment instructions from     
Nordea by April 29, 2009 at the latest.                                         

The Board of Directors is authorized to decide on cancelling the issue totally  
or partly.                                                                      

The book-entry of the new shares and application for admission to listing       

The Shares will issued in the Finnish book-entry system. The Shares are         
estimated to be entered on the shareholders' book-entry securities accounts on  
April 29, 2009. The Shares shall be registered as ordinary shares in the Company
immediately after the subscriptions are approved. Application will be made for  
admission of the shares to listing on the Nasdaq OMX Helsinki within the        
existing series. The dealings are expected to commence on May 14, 2009 when the 
Prospectus that is required for the listing has been both inspected and approved
by the Financial Supervisory Authority.                                         


Shareholder rights                                                              

The shares entitle to dividend and other rights in the Company as from the      
registration of the new shares.                                                 

Other issues                                                                    

The Board of Directors will decide on other matters related to the share issue.