Puuharyhmä Oyj - Company Announcement

BEGINNING OF RIGHT OF REDEMPTION IN COMPLIANCE WITH THE FINNISH COMPANIES ACT

PUUHARYHMÄ PLC STOCK EXCHANGE RELEASE   6.3.2007                                

BEGINNING OF RIGHT OF REDEMPTION IN COMPLIANCE WITH THE FINNISH COMPANIES ACT   

Aspro Ocio S.A. (Aspro) has published today the attached stock exchange         
release according to which the amount of all Puuharyhmä's shares  and the votes 
attaching to the shares, excluding Puuharyhmä's own shares, that Aspro holds    
has exceeded nine tenths.                                                       

Pursuant to Chapter 18, Section 1 of the Finnish Companies Act, Aspro is        
entitled to redeem the shares in Puuharyhmä that are owned by other shareholders
than Aspro. Respectively, the other shareholders of Puuharyhmä have the right to
demand Aspro to redeem their Puuharyhmä shares.                                 


PUUHARYHMÄ PLC                                                                  


For additional information, please contact:                                     
Mr. Erkki Mattila, Chief Executive Officer, tel. +358 500 637 428               


DISTRIBUTION                                                                    
Helsinki Exchanges                                                              
Main media                                                                      

Neither this press release nor any copy of it may be taken, transmitted into or 
distributed in the United States of America or its territories or possessions.  

ATTACHMENT                                                                      

STOCK EXCHANGE RELEASE                                                          


ASPRO OCIO S.A.                				 6 March 2007.                               


ANNOUNCEMENT REGARDING RIGHT OF REDEMPTION IN COMPLIANCE WITH THE FINNISH       
COMPANIES ACT                                                                   

Aspro Ocio S.A. (Aspro) holding has increased to a total of 356.888 shares in   
Puuharyhmä Plc (Puuharyhmä), which represent approximately 90, 3% of all shares 
and the votes of Puuharyhmä (excluding the own shares held by Puuharyhmä).      

Aspro is therefore entitled to redeem the remaining shares in Puuharyhmä        
pursuant to Chapter 18, Section 1 of the Finnish Companies Act, and Aspro shall 
begin procedures pursuant to the Finnish Companies Act to redeem shares in      
Puuharyhmä held by other shareholders than Aspro. Aspro will notify on the      
procedure in more detail later.                                                 

Aspro will offer a consideration of 95,00 euros per share in the redemption     
process pursuant to the Finnish Companies Act. This consideration  equals to the
highest price paid by Asprofor the shares in Puuharyhmä.                        

Puuharyhmä's shareholders considering the sale of shares to Aspro in the        
redemption procedure are asked to accept the Mandatory Offer pursuant to the    
Finnish Securities Market Act, which will be published on or around 23 March    
2007.                                                                           
The offer period is expected to begin on or around 26 March 2007.               

Aspro's intention is that Puuharyhmä will apply for the delisting of the        
Puuharyhmä shares when the ownership of all shares in Puuharyhmä has been       
transferred to Aspro. Aspro expects this to take place during early summer 2007.


ASPRO OCIO S.A.                                                                 


Distribution                                                                    

Puuharyhmä Plc                                                                  
Helsinki Stock Exchange                                                         
Key media                                                                       

Further information:                                                            
Aspro Ocio S.A                                                                  
Angel Barrachina, Director responsible for M&A, +34 91 562 5010                 


This stock exchange release may not be released or distributed in whole or in   
part in or into the United States of America, Canada, Australia or Japan.       

The offer is not being made directly or indirectly in or into the United States 
of America, or by use of the mails or by any means or instrumentality (including
without limitation facsimile transmission, telex, telephone and the internet) of
interstate or foreign commerce, nor is it being made directly or indirectly in  
or                                                                              
into Canada, Australia or Japan.