Sanitec - Company Announcement

Notification in accordance with the Finnish Securities Markets Act chapter 9 § 5: an increase in the holdings of Geberit

The actual acceptance period in the tender offer (the “Offer”) by Geberit AG
(“Geberit”) concerning all outstanding shares in Sanitec Corporation (“Sanitec”)
ended on 2 February 2015 at 5 p.m. (CET). Geberit notified Sanitec and the
Finnish Financial Supervisory Authority on 3 February 2015 that based on the
shareholders' acceptances of the Offer received by the said time (including the
shares represented by the irrevocable undertakings given by Sofia IV S.à r.l.
and Zeres Public Market Fund to accept the Offer), the direct ownership of
Geberit Investment Oy (a wholly owned indirect subsidiary of Geberit) and the
indirect ownership of Geberit would exceed 90 per cent of all the shares and
voting rights in Sanitec when the settlement of the completion trades of the
Offer is completed and the title to the tendered shares is transferred to
Geberit Investment Oy.

Sanitec has today received from Geberit a new notification pursuant to chapter
9, section 5 of the Finnish Securities Markets Act. According to the
notification, the execution of the completion trades of the Offer has been
initiated today, and the settlement will take place on or around 10 February
2015. According to the notification, the direct ownership of Geberit Investment
Oy and the indirect ownership of Geberit upon the completion of the settlement
and the transferring of title to the tendered shares is 99,080,684 shares,
corresponding to approximately 99.08% of all shares and votes in Sanitec
(including the 139,198 treasury shares held by Sanitec).

Sanitec has currently 100,000,000 registered shares, each share entitling to one
vote at the general meeting of shareholders.
For additional information, please contact:

Niklas Alm
Head of Investor Relations
ir@sanitec.com
mob. 46 76 855 7836

Noora Koikkalainen
Head of Corporate Communications
sanitec.corporation@sanitec.com
tel. 358 10 662 5426
About Sanitec - “Home of the Bathroom”

Sanitec is the leader in bathroom ceramics in Europe. We have a unique portfolio
of some of the most well-known brands with deep roots in the European fixtures
markets, strategically positioned to address local markets. We care passionately
about people's needs when it comes to complete bathroom concepts, providing
products that stand for guaranteed quality, high level of innovation and
attractive design. Stable relationships with key stakeholders in the value chain
and our unique brand strengths foster our leading position as well as the
loyalty and trust amongst our customers, our network of installers and the end
users of our products.

Sanitec operates an integrated European group with an unparalleled local
presence to provide the best value when it comes to bathroom products. In 2013
net sales amounted to EUR 702 million. Our production network includes 18
production facilities throughout Europe and currently Sanitec employs
approximately 6,200 people. Our head office is located in Helsinki, Finland. The
shares in Sanitec Corporation are traded on NASDAQ Stockholm under the symbol
“SNTC”.

For more information about Sanitec, please visit www.sanitec.com.

Attachments:

02098710.pdf