Tiimari Oyj Abp - Company Announcement

Tiimari Plc adjusts the outlook of the company

TIIMARI PLC         STOCK EXCHANGE RELEASE 29 DECEMBER 2009 at 08.30            


TIIMARI PLC ADJUSTS THE OUTLOOK OF THE COMPANY                                  

Tiimari Group's October and November sales developed significantly better than  
the beginning of the year and also exceeded the sales of last year. The December
sales show according to preliminary estimates to fall behind last year's sales  
by about 5 %, of which over half is related to international operations. The    
gross margin will fall behind last year due to Christmas sales campaigns and    
changes in the product offering. The fourth quarter cost savings seem to fall   
behind somewhat compared to previous estimates. The operational result          
development will probably fall behind from what was previously estimated, but   
the operational cash flow has developed according to plan.                      

The Board of Directors has decided to clarify the full year result estimate as  
follows:                                                                        

Tiimari's full year profitability (earnings before interest, depreciation and   
amortisation and excluding one-off items) is expected to be clearly positive,   
but fall behind compared to last year's actuals, which was EUR 2.7 million. 
According to the previous outlook the estimate for operational profitability was
at last year's levels. The operational cash flow before taxes and financial     
items is expected to be clearly positive in 2009 according to the previous      
outlook.                                                                        


Hannu Krook                                                                     
CEO                                                                             
Tiimari Plc                                                                     

Further information: CEO Hannu Krook                                            
tel. + 358 (0)3 812911, 
e-mail:hannu.krook@tiimari.fi    
Distribution: NASDAQ OMX Helsinki                                               
important news media                                                            
www.tiimari.com                                                                 

Tiimari Plc shares are listed at Nasdaq OMX Helsinki Plc. The Group comprises   
two retail shop concepts, Tiimari and Gallerix. The concepts operate nearly 300 
shops in seven countries within the Baltic Sea region. Both concepts belong to  
the forerunners within their business segments.