Tikkurila Oyj - Major shareholder announcements

Ilmarinen's holdings in Tikkurila fell below 5 percent (Announcement pursuant to the Securities Markets Act, Chapter 9, Section 5)

Tikkurila Oyj
Stock Exchange Release
May 5, 2017 at 4:20 p.m. (CET+1)

Ilmarinen's holdings in Tikkurila fell below 5 percent (Announcement pursuant to
the Securities Markets Act, Chapter 9, Section 5)

Tikkurila Oyj (business ID 0197067-4) has received a notification, based on the
Securities Markets Act, from Ilmarinen Mutual Pension Insurance Company
(business ID 0107638-1) on May 5, 2017.

Ilmarinen Mutual Pension Insurance Company's holding in shares of Tikkurila Oyj
fell below the 1/20 (5%) threshold due to trades made on May 5, 2017. The
holding of Ilmarinen Mutual Pension Insurance Company in Tikkurila Oyj will
amount to 1,758,938 shares, which corresponds to 3.99 percent of the total
amount of shares and votes in Tikkurila Oyj.

The percentages of shares and voting rights have been calculated in proportion
to the total number of shares registered with the Trade Register and the total
number of voting rights related to them. The share capital of Tikkurila Oyj is
EUR 35,000,000.00 and it is divided into 44,108,252 shares. The Company has one
series of shares. Each share entitles to one voting right. Hence, the total
number of voting rights is 44,108,252.

Tikkurila Oyj
Jukka Havia, CFO


For further information, please contact:

Tikkurila Oyj
Minna Avellan, Director, Investor Relations and Brand Concept Development, tel.
+358 40 533 7932, minna.avellan@tikkurila.com


Tikkurila is the leading paints and coatings professional in the Nordic region
and Russia. With our roots in Finland, we now operate in 14 countries. Our high-
quality products and extensive services ensure the best possible user experience
in the market. Sustainable beauty since 1862.

www.tikkurilagroup.com




[]