Suominen Yhtymä - Major shareholder announcements

Notification according to chapter 2, section 10 of the Securities Markets Act

Tampere, Finland, 2011-10-21 17:40 CEST (GLOBE NEWSWIRE) -- Suominen
Corporation            Stock exchange release 21 October 2011 at 6:40 p.m. 

Notification according to chapter 2, section 10 of the Securities Markets Act

Suominen Corporation has today received a notification of change in holdings in
accordance with chapter 2, section 9 of the Securities Markets Act as follows: 

The combined share of Oy Etra Invest Ab, in which Mr Erkki Etola exercises
control, and Mr Erkki Etola of the voting rights and total number of shares in
Suominen Corporation has fallen below 5 per cent. 

The change in holdings is related to a share issue directed to the public and a
share issue directed to the holders of Suominen Corporation's capital loan 2008
described in a stock exchange release issued by Suominen Corporation on 13
October 2011. 

In accordance with chapter 2, section 9 of the Finnish Securities Markets Act
we hereby notify the Financial Supervisory Authority and Suominen Corporation
as follows: 

1. Name of the issuer of shares: Suominen Corporation

2. Reason for the flagging notification: Suominen Corporation's share issues.

3. Name and business identity code of the shareholder subject to the
notification obligation: 

Oy Etra Invest Ab, Business ID 0672234-6.
Erkki Etola

4. Date of change in holdings: 21 October 2011.

5. Share of the total number of shares and voting rights in the issuer:

The total shareholding of Oy Etra Invest Ab and Mr Erkki Etola before the share
issues: 
Number of shares: 8,227,336 shares
Share of the total number of shares and voting rights: 17.36%

The total shareholding of Oy Etra Invest Ab and Mr Erkki Etola following the
share issues: 
Number of shares: 12,227,336 shares
Share of the total number of shares and voting rights: 4,97%

The calculation basis for the flagging is the total number of Suominen
Corporation shares and voting rights registered with the Trade Register
following the share issues on 21 October 2011. The number of Suominen
Corporation shares and voting rights registered with the Trade Register totals
245,934,122. 

Tampere 21 October 2011

Suominen Corporation

Arto Kiiskinen
Vice President and CFO


For additional information, please contact:
Mr. Arto Kiiskinen, Vice President and CFO, tel. +358 (0)10 214 300


Suominen produces high-quality flexible packaging, wet wipes and nonwovens for
industry and the retail sector. The Group is one of Europe's leading
manufacturers in all its business areas, with operations in Finland, Poland,
the Netherlands, and Russia. The Group had net sales of EUR 173 million in 2010
and it employs around 900 people. Suominen is listed on NASDAQ OMX Helsinki.
www.suominen.fi