Kemira Oyj - Company Announcement

Kemira Oyj: Effect of the Finnish Bank Strike on the Rights Offering

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR
INTO AUSTRALIA, CANADA, HONG KONG, JAPAN, SOUTH AFRICA OR THE UNITED STATES. 

Kemira Group
Stock Exchange Release
December 14, 2009 at 16.45 pm


•	The three-day Finnish bank strike, which ends on December 16, 2009, may
affect the settlement of trades in the subscription rights executed on the last
days of trading in the subscription rights 
•	Any subscription assignment must be given, and the related payment of the
subscription price must be made, during the subscription period, even if the
subscription rights are not recorded in the investor's book-entry account by
the end of the subscription period on December 18, 2009 
•	If the Finnish bank strike will further affect the rights offering, Kemira
will inform its shareholders and investors thereof with a separate stock
exchange release 

Kemira Oyj announced on November 23, 2009 that its Board of Directors had
decided to carry out a rights offering in which a maximum of 30,297,557 new
shares of Kemira will be issued. The subscription price in the rights offering
is EUR 6.60 per share. The subscription period commenced on December 1, 2009
and will expire at 8:00 p.m. Finnish time on December 18, 2009. Trading in the
subscription rights on NASDAQ OMX Helsinki Ltd. took place between December 1,
2009 and December 11, 2009. 

The three-day Finnish bank strike, which ends on December 16, 2009, may affect
Kemira's rights offering, in particular, the settlement of trades in the
subscription rights executed on the last days of trading in the subscription
rights on NASDAQ OMX Helsinki. As a result, it is possible that subscription
rights will not be recorded in the purchaser's book-entry account by the
expiration of the subscription period of the rights offering on December 18,
2009. 

In order to subscribe for new shares of Kemira in the rights offering, all
investors are required to give their subscription assignments and pay the
subscription price for such shares during the subscription period set out in
the terms and conditions of the rights offering, that is, no later than on
December 18, 2009. Any subscription assignment must be given, and the related
payment of the subscription price must be made, during the subscription period,
even if the subscription rights are not recorded in the investor's book-entry
account by the end of the subscription period. In such case, the technical
completion of the subscription assignment will be made by the account operators
after the trade in the subscription rights has been settled. 

The interim shares representing the new shares subscribed for pursuant to the
subscription rights will be recorded in each subscriber's book-entry account
after the technical completion of the subscription. Investors who have
purchased subscription rights on NASDAQ OMX Helsinki are requested to contact
their own account operator or custodian for further information regarding the
making of a subscription assignment. 

As set out in the terms and conditions of the rights offering, Kemira expects
that the final results of the rights offering will be published in a stock
exchange release on or about December 29, 2009; the new shares subscribed for
pursuant to the subscription rights and without subscription rights will be
registered with the Finnish Trade Register; the interim shares representing the
new shares subscribed for pursuant to the subscription rights will be combined
with Kemira's existing shares, on or about December 30, 2009; and trading in
the new shares commences on NASDAQ OMX Helsinki on or about December 30, 2009. 






If the Finnish bank strike will further affect the rights offering, Kemira will
inform its shareholders and investors thereof with a separate stock exchange
release after such other effects are confirmed. 

Helsinki, December 14, 2009

Kemira Oyj
Päivi Antola
Senior Manager, IR and Financial Communications

For further information, please contact:

Jyrki Mäki-Kala, CFO
Tel. +358 10 86 21589

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

KEMIRA

Kemira is a global 2.8 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

DISCLAIMER:

The information contained herein is not for publication or distribution,
directly or indirectly, in or into Australia, Canada, Hong Kong, Japan, South
Africa or the United States. These written materials do not constitute an offer
of securities for sale in the United States, nor may the securities be offered
or sold in the United States absent registration or an exemption from
registration as provided in the U.S. Securities Act of 1933, as amended, and
the rules and regulations thereunder.  There is no intention to register any
portion of the offering in the United States or to conduct a public offering of
securities in the United States. 

The information contained herein shall not constitute an offer to sell or the
solicitation of an offer to buy, nor shall there be any sale of the securities
referred to herein in any jurisdiction in which such offer, solicitation or
sale would be unlawful prior to registration, exemption from registration or
qualification under the securities laws of any such jurisdiction. 

This communication does not constitute an offer of securities to the public in
the United Kingdom.  No prospectus has been or will be approved for publication
in the United Kingdom in respect of the securities.  Consequently the
securities must not be sold or offered for sale in the United Kingdom, except
to persons who fall within the exemptions set out in the Financial Services and
Markets Act 2000 (Financial Promotion) Order 2005, as amended.

Attachments:

20091214_se_effects_of_the_finnish_bank_strike_on_the_rights_offering.pdf