2007-11-01 15:44:24 CET

2007-11-01 15:44:24 CET


REGULATED INFORMATION

Tiimari Oyj Abp - Company Announcement

Addition to the release regarding the acquisition of Gallerix


Tiimari Plc Stock Exchange Release 1 November 2007                              


Addition to the release regarding the acquisition of Gallerix.                  

In addition to the stock exchange release published earlier today regarding the 
acquisition of Gallerix and as a specification of information in the public     
contrary to that of the stock exchange release, Tiimari Plc gives further       
information on Gallerix as follows:                                             


Certain information on the consolidated profit and loss account of Gallerix     

                              TSEK       TEUR      TSEK          TEUR           
                              1.9.2006-31.8.2007   1.9.2005-31.8.2006           
                              (12 months)           (12 months)                 
                              (interim accounts)    (annual accounts)           

Turnover                      116 061    12 547    106 055     11 465           
Materials                    - 45 922   - 4 965   - 42 137    - 4 555           
Personnel                    - 22 891   - 2 475   - 20 460    - 2 212           
Other                        - 39 169   - 4 234   - 31 932    - 3 452           
EBITDA                          8 079       873     11 526      1 246           


Certain information on the consolidated balance sheet of Gallerix               

                              TSEK      TEUR      TSEK      TEUR                
                              31.8.     31.8.     31.8.     31.8                
                              2007      2007      2006      2006                
(interim accounts)  (annual accounts)                                           

Long term receivables          2 536      274     1 332      144                
Inventory                     14 572    1 575    14 244    1 540                
Short term receivables        25 363    2 742    22 276    2 408                
Total                         42 472    4 592    37 852    4 092                

Equity                        22 273    2 408    17 850    1 930                
Long term loans                6 540      707     8 707      941                
Payables                      13 659    1 477    11 295    1 221                
Total                         42 472    4 592    37 852    4 092                

For the purposes of improved comparability, the figures in the tables have been 
presented in SEK and EUR (conversion rate 1 EUR = 9.25 SEK).                    

In connection with the acquisition, the sellers have committed to, with respect 
to the Tiimari shares received as consideration (in aggregate 463,320, calc.    
value 4.90 e/share), a transfer restriction based on which 50% of the shares    
will be released in one years' time and 50% in two years' time.                 

TIIMARI PLC                                                                     

Further information is given by managing director Kristina Illi,                
+358 400 408 889.                                                               



Tiimari Plc is the leading Nordic and Eastern-European retail store chain       
specialising in home decoration, arts and crafts and gift wrapping items, cards,
office and school supplies and seasonal products. Tiimari has 160 stores in     
central business locations in Finland, 14 in Estonia, 4 in Latvia, 3 in Poland  
and one in Norway and 9 franchising stores in Sweden. One store will be opened  
in Russia for the Christmas season 2007.                                        
TiiMore Oy is a business gift merchandiser with a versatile and high quality    
assortment of business gifts. It provides comprehensive solutions according to  
its customer-oriented operations model. In addition to using traditional sales  
representatives, TiiMore implements a web-based sales concept.                  

Gallerix was established in Uppsala in 1974. It has 92 stores in central        
business locations in Sweden and one store in Finland. Expansion into the       
international markets has a central role in the Gallerix growth strategy.       
Gallerix's product selection is built around wall decoration products (framed   
pictures, frames, posters) as well as cards. In addition, the selection includes
elegant gift items and gift wrapping supplies.