Vaahto Group Plc Oyj - Major shareholder announcements

NOTIFICATION ON A CHANGE IN HOLDINGS REFERRED TO IN CHAPTER 2, SECTION 10 OF THE SECURITIES MARKETS ACT

Vaahto Group Plc Oyj Stock exchange release        14.12.2010 at 16.20

NOTIFICATION ON A CHANGE IN HOLDINGS REFERRED TO IN CHAPTER 2, SECTION 10 OF
THE SECURITIES MARKETS ACT 



The Annual General Meeting of Vaahto Group Plc Oyj resolved on 14 December 2010
in accordance with the Board of Directors' proposal on the combination of the
company's two share classes and on the directed free share issue to the holders
of class K shares. According to information received by Vaahto Group, the
resolution will lead to the voting rights of Heikki Vaahto falling below the
3/20 (15%) threshold and the voting rights of Mikko Laakkonen exceeding the
1/10 (10%) threshold. 



The share capital of Vaahto Group Plc Oyj comprises a total of 2,872,302 shares
(1,452,751 class A shares and 1,419,551 class K shares), said shares entitling
to a total of 29,843,771 votes. No more than 113,564 new shares will be issued
in the directed free share issue in connection with the combination of share
classes. 



The notifications on changes in holdings submitted to Vaahto Group Plc Oyj are
as follows: 



HEIKKI VAAHTO, NOTIFICATION ON A CHANGE IN HOLDINGS



1 Identification data of the share issuer:

Vaahto Group Plc Oyj, business identity number 0520181-3



2 Grounds for the notification:

The resolution of the Annual General Meeting of Vaahto Group Plc Oyj on 14
December 2010 regarding the combination of the share classes and the related
directed free share issue. 



3 Full names of the entities under obligation to notify:

Heikki Sakari Vaahto



4 Date of transaction and date on which number of shares and voting rights fell
below the threshold for notification: 

The resolution of the Annual General Meeting of Vaahto Group Plc Oyj on 14
December 2010 regarding the combination of the company's two share classes and
on the directed free share issue to the holders of class K shares. The decrease
under the threshold for notification will take place when the share to be
issued in the directed free share issue and the combination of the share
classes have been registered with the trade register on or about 17 December
2010. 



5 Threshold for notification which the number of shares and voting rights has
fallen below: 

Fallen below 3/20 (15 %)



The shareholdings have been calculated so that the amount of new shares to be
issued to Heikki Vaahto in the directed free share issue has been taken into
account in his shareholding and the total amount of new shares to be issued in
the directed free share issue has been taken into account in Vaahto Group Plc
Oyj's total amount of shares. 



6 Information to be notified:

The shares and the voting rights attached thereto upon the implementation of
the arrangement 



Situation before the arrangement that leads to the change of holdings



  Class of shares  Number of shares  Number of voting rights
  ----------------------------------------------------------
  Class A shares   0                 0                      
  ----------------------------------------------------------
  Class K shares   326,700           6,534,000              
  ----------------------------------------------------------
  Total            326,700           6,534,000              
  ----------------------------------------------------------


Situation after the arrangement that leads to the change of holdings



  Class of shares    Number of       % of        Number of voting      % of     
                     shares          shares      rights                votes    
  ------------------------------------------------------------------------------
  Combined share     352,836         11.82%      352,836               11.82%   
  class                                                                         
  ------------------------------------------------------------------------------
  Total              352,836         11.82%      352,836               11.82%   
  ------------------------------------------------------------------------------


MIKKO LAAKKONEN, NOTIFICATION ON A CHANGE IN HOLDINGS



1 Identification data of the share issuer:

Vaahto Group Plc Oyj, business identity number 0520181-3



2 Grounds for the notification:

The resolution of the Annual General Meeting of Vaahto Group Plc Oyj on 14
December 2010 regarding the combination of the share classes and the related
directed free share issue. 



3 Full names of the entities under obligation to notify:

Mikko Kalervo Laakkonen

4 Date of transaction and date on which number of shares and voting rights
exceeded the threshold for notification: 

The resolution of the Annual General Meeting of Vaahto Group Plc Oyj on 14
December 2010 regarding the combination of the company's two share classes and
on the directed free share issue to the holders of class K shares. The
exceeding of the threshold for notification will take place when the share to
be issued in the directed free share issue and the combination of the share
classes have been registered with the trade register on or about 17 December
2010. 



5 Threshold for notification which the number of shares and voting rights has
exceeded: 

Exceeded 1/10 (10%)



The shareholdings have been calculated so that the amount of new shares to be
issued to Mikko Laakkonen in the directed free share issue has been taken into
account in his shareholding and the total amount of new shares to be issued in
the directed free share issue has been taken into account in Vaahto Group Plc
Oyj's total amount of shares. 



6 Information to be notified:

The shares and the voting rights attached thereto upon the implementation of
the arrangement 



Situation before the arrangement that leads to the change of holdings



  Class of shares  Number of shares  Number of voting rights
  ----------------------------------------------------------
  Class A shares   352,860           352,860                
  ----------------------------------------------------------
  Class K shares   76,503            1,530,060              
  ----------------------------------------------------------
  Total            429,363           1,882,920              
  ----------------------------------------------------------


Situation after the arrangement that leads to the change of holdings



  Class of shares    Number of       % of        Number of voting      % of     
                     shares          shares      rights                votes    
  ------------------------------------------------------------------------------
  Combined share     435,483         14.58%      435,483               14.58%   
  class                                                                         
  ------------------------------------------------------------------------------
  Total              435,483         14.58%      435,483               14.58%   
  ------------------------------------------------------------------------------


In Lahti on 14 December 2010



VAAHTO GROUP PLC OYJ

Anssi Klinga

CEO

         Further information:
         Anssi Klinga
         CEO, Vaahto Group Plc Oyj
         tel. +358 50 4661470