Kemira Oyj - Prospectus/Announcement of Prospectus

Kemira Oyj: Finnish language prospectus related to the proposed share dividend in the form of Tikkurila Oyj's shares and the listing of the shares published

Kemira Oyj
Stock exchange release
March 11, 2010 at 9.00 am (CET+1)

On February 8, 2010, the Board of Directors of Kemira Oyj proposed to the
Annual General Meeting of shareholders of Kemira to be held on March 16, 2010,
that Kemira distributes to its shareholders as dividend an aggregate of
37,933,097 shares (the “Shares”) in Tikkurila Oyj (“Tikkurila”). Tikkurila is a
wholly-owned subsidiary of Kemira incorporated as a public limited liability
company in Finland. The Finnish Financial Supervisory Authority has on March
10, 2010 approved the Finnish language prospectus related to the Share Dividend
and the admission of the Shares to trading on the official list of the Helsinki
Stock Exchange. 
The Finnish language prospectus will be available on the internet at
www.tikkurilagroup.com/fi starting on March 11, 2010 and, starting on or about
March 12, 2010, at the premises of Kemira at Porkkalankatu 3, FI-00180
Helsinki, Finland, at the premises of Tikkurila at Kuninkaalantie 1, FI-01300
Vantaa, Finland, at the branch office of SEB Enskilda at Unioninkatu 30,
FI-00100 Helsinki, Finland and at the reception of the Helsinki Stock Exchange
at Fabianinkatu 14, FI-00130 Helsinki, Finland. 

In the share dividend distribution proposed by the Board of Directors of
Kemira, each four (4) Kemira's shares will entitle Kemira's shareholder to
receive one (1) Share as a dividend (the “Share Dividend”). Such Shares are
expected to be distributed to the shareholders who will be recorded as Kemira's
shareholders (or nominee registered shareholders) on the record date of March
19, 2010 and such Shares are expected to be delivered to the book-entry
accounts of the relevant shareholders on or about March 26, 2010. The number of
the Shares of Tikkurila that a shareholder is entitled to receive is calculated
on a book-entry account basis. Any entitlements to fractional Shares will be
compensated for in cash and paid to the shareholders on or about March 30,
2010. 

The Share Dividend will reduce Kemira's holding of the Shares and voting rights
in Tikkurila to approximately 14 percent. 
Tikkurila will file an application for the Shares to be admitted to trading on
the official list of NASDAQ OMX Helsinki Ltd (the “Helsinki Stock Exchange”).
Trading of the Shares on the official list of the Helsinki Stock Exchange is
expected to commence on or about March 26, 2010. Tikkurila's share capital is
EUR 35,000,000 and the total number of the Shares is 44,108,252. Tikkurila's
Shares were entered into the Finnish book entry system on February 17, 2010. 

Kemira Oyj
Päivi Antola, Senior Manager, Investor Relations and Financial Communications


For further information, please contact

Päivi Antola, Senior Manager, Investor Relations and Financial Communications
Tel. +358 10 862 1140

Kemira is a global 2.5 billion euro chemicals company that is focused on
serving customers in water-intensive industries. The company offers water
quality and quantity management that improves customers' energy, water, and raw
material efficiency. Kemira's vision is to be a leading water chemistry
company. Its paints and coatings business, Tikkurila, aims to be the market
leader in decorative paints and selected wood and metal coatings in chosen
markets. 

www.kemira.com
www.waterfootprintkemira.com


DISCLAIMER

Laws of certain jurisdictions may impose restrictions on the distribution of
this release and the share dividend. This release does not constitute an offer
to sell or a solicitation to buy any shares in any jurisdiction to any person
to whom it is unlawful to make such an offer in such jurisdiction. No actions
have been taken to register or qualify the share dividend or otherwise to
permit a public offering of the Tikkurila shares in any jurisdiction outside of
Finland. Persons into whose possession this release comes must inform
themselves of and observe all such restrictions. In particular, the dividend
shares have not been, and will not be, registered under the U.S. Securities Act
of 1933, as amended (the “Securities Act”), or under the securities laws of any
state of the United States and, accordingly, may not be offered or sold,
directly or indirectly, in or into the United States (as defined in Regulation
S), unless registered under the Securities Act or where such registration is
not required. 

SEB Enskilda is acting exclusively for Kemira and Tikkurila and no one else in
connection with the share dividend. It will not regard any other person
(whether or not a recipient of this release) as its client in relation to the
share dividend and will not be responsible to anyone other than Kemira and
Tikkurila for providing the protections afforded to its clients, nor for giving
advice in relation to the share dividend or any transaction or arrangement
referred to herein. No representation or warranty, express or implied, is made
by SEB Enskilda as to the accuracy, completeness or verification of the
information set forth in this release, and nothing contained in this release
is, or shall be relied upon as, a promise or representation in this respect,
whether as to the past or the future. SEB Enskilda assumes no responsibility
for its accuracy, completeness or verification and, accordingly, disclaim, to
the fullest extent permitted by applicable law, any and all liability which it
may otherwise be found to have in respect of this release or any such
statement.

Attachments:

20100311_se_kemira oyj finnish language prospectus tikkurila.pdf