Tokmanni Group Oyj - Changes board/management/auditors

Tokmanni Group Corporation appoints Chairman of the Board Harri Sivula as interim CEO

 Tokmanni Group Corporation               Corporate Announcement   15 June 2017
at 7.05 p.m. EEST



Tokmanni appoints Chairman of the Board Harri Sivula as interim CEO


Tokmanni's Board of Directors has appointed Chairman of the Board Harri Sivula
as interim CEO as of 15 June 2017. As communicated in April, Heikki Väänänen
will leave the company. The CEO recruitment process is proceeding according to
plan and Harri Sivula will act in the interim role until the new CEO starts. At
the same time the Board has appointed CFO Markku Pirskanen deputy CEO.



TOKMANNI GROUP CORPORATION

Board of Directors

For more information:

Harri Sivula, Chairman of the Board Tel. +358 50 656 92



Tokmanni in brief

Tokmanni is the largest general discount retailer in Finland measured by number
of stores and revenue. In 2016, Tokmanni's revenue was EUR 776 million and on
average it had approximately 3,200 employees. Tokmanni is the only nationwide
general discount retailer in Finland, with 162 stores across Finland as at 31
December 2016.

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Nasdaq Helsinki Ltd
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