Tulikivi Oyj - Company Announcement

Flagging announcements 21 August 2013/Tulikivi Corporation

TULIKIVI CORPORATION                                              STOCK
EXCHANGE RELEASE 
       21 August 2013, at 4:00 p.m. 





Flagging announcements 21 August 2013


On 21 August 2013, Tulikivi Corporation (Business ID 0350080-1) received a
flagging announcement pursuant to Chapter 9, section 5, of the Securities
Markets Act, according to which Heikki Vauhkonen's holding of Tulikivi
Corporation shares had exceeded the threshold of 15 per cent of the stock and
30 per cent of the total voting rights in the company. 



According to the announcement, Heikki Vauhkonen now holds 1,025,853 Series A
shares and 5,809,500 Series K shares in Tulikivi Corporation. The amount of
these shares corresponds to 18.40 per cent of Tulikivi Corporation's stock and
48.06 per cent of the votes. 



The thresholds mentioned above are the result of trades carried out on 21
August 2013. 



Heikki Vauhkonen purchased the shares from Reijo Vauhkonen, the founder of
Tulikivi Corporation, whose holding subsequently decreased to 1.06 per cent of
the stock and 0.32 per cent of the votes. According to the announcement, Reijo
Vauhkonen still owns 395,477 Tulikivi Corporation Series A shares. 



The deal was part of the generational change process at Tulikivi. The Financial
Supervisory Authority has granted the deal an exemption from the provisions of
the Securities Markets Act regarding the obligation to launch a takeover bid. 




TULIKIVI CORPORATION

Board of Directors
Heikki Vauhkonen, Chairman of the Board

Distribution: NASDAQ OMX Helsinki
Key media
www.tulikivi.com

Additional information: Tulikivi Corporation, FIN-83900 Juuka, Finland, tel.
+358 207 636 000, www.tulikivi.com 
- Heikki Vauhkonen, Chairman of the Board, +358 207 636 555