Tulikivi Oyj - Company Announcement

Tulikivi Group sells its Taivassalo-based building stone business to Vientikivi Oy Finland

TULIKIVI CORPORATION             STOCK EXCHANGE RELEASE

FI-83900 Juuka                   30 June 2011 at 18.40

Tulikivi Group sells its Taivassalo-based building stone business to Vientikivi
Oy Finland 

Tulikivi Corporation has today, 30 June 2011, signed an agreement with
Vientikivi Oy Finland on the sale of Tulikivi's Taivassalo-based building stone
business. The agreement covers Tulikivi Corporation's building stone business
at its Taivassalo factory, comprising building stones, environmental stones and
semi-finished products. 

The impact of this transaction on Tulikivi Corporation's net sales in the
latter part of year 2011 will be about EUR -0.6 million. Otherwise the
transaction and other arrangements attached to it do not have significant
impact on the Group's financial result for the year 2011. The net sales of
Tulikivi Corporation's building stone business in 2010 amounted to EUR 1.2
million, and the business posted a loss for the year. 

A part of the personnel at the Taivassalo factory will be employed by the new
owner as existing employees. 

 “The transaction is part of Tulikivi Group's profitability programme. In line
with our strategy, the aim is to concentrate on our core business: fireplaces,
saunas and interior stone products,” says Heikki Vauhkonen, Managing Director
of Tulikivi Corporation. 

Tulikivi Group's natural stone products business will focus on interior stone
production at the Espoo factory. Tulikivi manufactures and markets products
such as countertops and tiling for homes as well as paving stones. Soapstone
interior and building stones will also play a significant role in the company's
portfolio in the future. 

Vientikivi Oy Finland is a stone company established in 1932 and based in
southwest Finland. 

TULIKIVI CORPORATION



Heikki Vauhkonen
Managing Director



Distribution: NASDAQ OMX Helsinki Ltd, key media, www.tulikivi.com

Further information: Tulikivi Corporation, FIN-83900 Juuka, Finland, tel. +358
(0)207 636 000, www.tulikivi.com 
- Managing Director Heikki Vauhkonen