Fiskars Oyj Abp — M&A Activity 2014

Oct 9, 2014

Sale of Wärtsilä shares to Investor completed

Sale of Wärtsilä shares to Investor completed

Fiskars Corp. Stock Exchange Release October 9, 2014 at 13:15 EET

The transaction announced on September 19, 2014 including the sale by Fiskars'
and Investor's joint venture Avlis AB of 8% of the capital and votes in
Wärtsilä to Investor, has been completed today.

As communicated earlier, the joint venture structure has been dissolved and
Wärtsilä ceases to be treated as Fiskars associated company. Due to this
transaction, Fiskars Group's holding has decreased to 5.01% of the capital and
votes (or 9,881,781 shares) in Wärtsilä.

Fiskars has announced the estimated financial impact of the transaction in the
release of September 19, 2014. This estimate will be revised after the
publication of Wärtsilä's Q3 2014 result and communicated in connection with
Fiskars Q3 Interim Report on October 31, 2014. Also, more detailed plans
regarding the use of the proceeds from the transaction and Fiskars Group's new
reporting structure will be communicated in connection with the Q3 Interim
Report.

FISKARS CORPORATION

Kari Kauniskangas
President and CEO

Further information:
Communications Director Anu Ilvonen, tel. +358 204 39 5446

Fiskars 365 - celebrating centuries of pride, passion and design. Every day.

Established in 1649 as an ironworks in a small Finnish village, Fiskars has
grown to be a leading global supplier of consumer products for the home, garden
and outdoors. Available in more than 60 countries, Fiskars products solve
everyday problems, making daily home, garden and outdoor projects easier and
more enjoyable through superior performance and design. Fiskars is listed on
NASDAQ OMX Helsinki, and the company's net sales were 799 million euro in 2013.
The Group's key international brands are Fiskars, Iittala and Gerber.
www.fiskarsgroup.com/365

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