Tikkurila Oyj - Major shareholder announcements

Marathon Asset Management LLP's indirect holdings in Tikkurila increased to 5.0 percent (Announcement pursuant to the Securities Markets Act, Chapter 9, Section 5)

Tikkurila Oyj
Stock Exchange Release
June 19, 2017 at 9:00 a.m. (CET+1)

Marathon Asset Management LLP's indirect holdings in Tikkurila increased to 5.0
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 Marathon Asset Management LLP on June 16, 2017.

The holding of the funds and accounts managed by portfolio managers under the
control of Marathon Asset Management LLP in shares of Tikkurila Oyj has exceeded
the 1/20 (5%) threshold due to trades executed on June 15, 2017. The holding of
the above mentioned entities in Tikkurila Oyj has amounted to a total of
2,205,510 shares, which corresponds to 5.0 percent of the total amount of shares
and voting rights. Marathon Asset Management LLP also manages 1,015,115 shares
in Tikkurila Oyj for which clients have retained the right to vote, which is
included in the total specified below in the Breakdown of holdings.

Breakdown of holdings:

Custodian
Bank of New York Mellon 896,415
Brown Brothers Harriman 245,816
JP Morgan Chase 105,414
Northern Trust 775,953
State Street Bank & Trust
Company, Boston 1,197,027
Total 3,220,625

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, and each share entitles to one voting right.

Tikkurila Oyj
Jukka Havia, CFO

For further information, please contact:

Tikkurila Oyj
Minna Avellan, Director, Communications and Investor Relations, 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




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