Tulikivi Oyj - Company Announcement

Tulikivi Group has concluded codetermination negotiations at its Heinävesi plant

TULIKIVI CORPORATION             STOCK EXCHANGE RELEASE
FI-83900 Juuka                   17 June 2010, 1.15 pm









Tulikivi Group has concluded codetermination negotiations at its Heinävesi plant

The Tulikivi Group's codetermination negotiations at the Heinävesi plant, which
began in May, were concluded today. The negotiations are part of Tulikivi
Corporation's profitability programme, as the company wants to focus on its
core business in the future. 

As a result of the negotiations, 24 people were made redundant, of whom 8 are
office staff. 

Tulikivi will discontinue its Utility Ceramics Business by the end of 2011, but
ceramics manufacturing operations will continue at Heinävesi until the end of
the year. Under the profitability and concentration programme the Heinävesi
plant will be integrated into the company's Fireplaces Business and in the
future the plant will focus solely on the production of ceramic fireplaces,
tiles and fireplace components. 

 The next stage of Tulikivi's codetermination negotiations will involve
centralising the production of the Natural Stone Products Business and
discontinuing the Building Stone Business. 

 The plan to focus on core businesses will create non-recurring expenses during
the current financial year. The total amount of these expenses will become
evident and be reported when the above-mentioned codetermination negotiations
in building stone production and the Natural Stone Products Business are
concluded. 

 TULIKIVI CORPORATION



Heikki Vauhkonen
Managing Director



Distribution: NASDAQ OMX Helsinki Ltd, key media, www.tulikivi.com

Further information: Tulikivi Corporation, FI-83900 Juuka, Finland, tel. +358
207 606 000, www.tulikivi.com 
- Managing Director Heikki Vauhkonen