Huhtamäki Oyj - Other information disclosed according to the rules of the Exchange

Huhtamäki Oyj announces indicative tender offer results for its outstanding notes maturing in 2020

HUHTAMÄKI OYJ STOCK EXCHANGE RELEASE 27.9.2017 AT 09:00

Huhtamäki Oyj announces indicative tender offer results for its outstanding
notes maturing in 2020

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR
INDIRECTLY, IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA, HONG KONG, JAPAN,
NEW ZEALAND, SOUTH AFRICA OR SUCH OTHER COUNTRIES OR OTHERWISE IN SUCH
CIRCUMSTANCES IN WHICH THE OFFERING OF THE NEW NOTES, THE TENDER OFFER OR THE
RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL.

Huhtamäki Oyj announces the indicative results of the invitation made by OP
Corporate Bank plc (the "Offeror") to the holders of the EUR 200 million 3.375
percent notes due May 14, 2020 (ISIN: FI4000064050) issued by Huhtamäki Oyj (the
"Notes"), to tender their Notes for purchase by the Offeror for cash (the
"Tender Offer").

At the expiration deadline of the Tender Offer, 4:00 p.m. (Finnish time) on
September 26, 2017, valid tender instructions were received pursuant to the
Tender Offer in aggregate nominal amount of EUR 172,587,000.

The non-binding amount of Notes accepted for purchase pursuant to the Tender
Offer (Final Acceptance Amount) is expected to be set at an aggregate nominal
amount of EUR 135,008,000.

Accordingly, valid tenders are expected to be subject to a proration factor of
78.28 percent, rounded down to the nearest EUR 1,000 in accordance with the
process described in the Tender Offer Memorandum dated September 18, 2017.

The Offeror has reserved the right, in its sole discretion, to decide on the
amount of Notes accepted for purchase, including not to accept any purchase of
the Notes. The purchase of any Notes is subject to, without limitation, the
pricing of the issuance of new euro-denominated fixed rate notes and the
execution of an issuance agreement between the joint lead managers and Huhtamäki
Oyj as defined in the Tender Offer Memorandum dated September 18, 2017 (the "New
Issue Condition").

As at the date of this release, the New Issue Condition has not yet been
fulfilled. Huhtamäki Oyj will announce the final tender offer results, and
simultaneously announce whether the New Issue Condition has been fulfilled or
not, as soon as feasible, and no later than October 5, 2017.

Further information about the Tender Offer may be obtained from OP Corporate
Bank plc at email: liabilitymanagement@op.fi / tel. +358 10 252 1668.

For further information, please contact:
Mr. Tom Erander, Treasurer, tel. +358 (0)10 686 7893
HUHTAMÄKI OYJ
Group Communications
Huhtamaki is a global specialist in packaging for food and drink. With our
network of 77 manufacturing units and additional 24 sales only offices in
altogether 34 countries, we're well placed to support our customers' growth
wherever they operate. Mastering three distinctive packaging technologies,
approximately 17,400 employees develop and make packaging that helps great
products reach more people, more easily. In 2016 our net sales totaled EUR 2.9
billion. The Group has its head office in Espoo, Finland and the parent company
Huhtamäki Oyj is listed on Nasdaq Helsinki Ltd. Additional information is
available at www.huhtamaki.com.

Important Information

The information contained herein is not for release, publication or
distribution, in whole or in part, directly or indirectly, in or into the United
States, Australia, Canada, Hong Kong, Japan, New Zealand, South Africa or such
other countries or otherwise in such circumstances in which the release,
publication or distribution would be unlawful. The information contained herein
does not constitute an offer to sell or the solicitation of an offer to buy, nor
shall there be any sale of, the new notes 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 for sale in the
United States. The new notes have not been and will not be registered under the
U.S. Securities Act of 1933, as amended (the "Securities Act") or under the
applicable securities laws of any state of the United States and may not be
offered or sold, directly or indirectly, within the United States or to, or for
the account or benefit of, U.S. persons except pursuant to an applicable
exemption from, or in a transaction not subject to, the registration
requirements of the Securities Act.

This communication does not constitute an offer of new notes to the public in
the United Kingdom. No prospectus has been or will be approved in the United
Kingdom in respect of the new notes. Consequently, this communication is
directed only at (i) persons who are outside the United Kingdom, (ii) persons
who have professional experience in matters relating to investments falling
within Article 19(5) of the Financial Services and Markets Act 2000 (Financial
Promotion) Order 2005 (the "Order"), (iii) high net worth entities falling
within Article 49(2) of the Order and (iv) other persons to whom it may lawfully
be communicated (all such persons together being referred to as "relevant
persons"). In addition, this communication is, in any event only directed at
persons who are "qualified investors" pursuant to the Prospectus Directive
(2003/71/EC, as amended). Any investment activity to which this communication
relates will only be available to, and will only be engaged with, relevant
persons. Any person who is not a relevant person should not act or rely on this
document or any of its contents.


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