Wulff-Yhtiöt Oyj — Earnings Release 2012

Dec 14, 2012

Wulff Adjusts Its Estimate for the Last Quarter

Wulff Adjusts Its Estimate for the Last Quarter

Annual Net Sales and Operating Profit Estimated Below Last Year's Level

WULFF GROUP PLC

STOCK EXCHANGE RELEASE December 14, 2012 at 3.15 P.M.

WULFF ADJUSTS ITS ESTIMATE FOR THE LAST QUARTER

Annual Net Sales and Operating Profit Estimated Below Last Year's Level

Based on the Group management's recent outlook for 2012, Wulff's annual net
sales and operating profit will decrease from last year's level. In 2011, the
Group's net sales totalled EUR 99 million and operating profit reached EUR 1.6
million.

Typically in Wulff's industry, the annual profit is made in the last quarter of
the year. Wulff estimates the last quarter to be profitable even though the
Christmas sales of business gifts have been markedly lower than expected due to
the general economic situation.

In its interim report for January-September 2012 (published on November 8,
2012), Wulff informed that the Group has good opportunities to increase
operating profit excluding non-recurring items (2011: EUR 1.6 million) even
though the net sales will decrease from last year's level (2011: EUR 99
million).

In Vantaa on December 14, 2012.

WULFF GROUP PLC

BOARD OF DIRECTORS

Further information:

CEO Heikki Vienola
tel. +358 9 5259 0050 or mobile: +358 50 65 110
e-mail: heikki.vienola@wulff.fi

DISTRIBUTION
NASDAQ OMX Helsinki Oy
Key media
www.wulff-group.com

Wulff Group Plc is an increasingly international listed company and the most
significant Nordic player in office supplies. Wulff sells and markets office
supplies, business and promotional gifts, IT supplies and ergonomics. Its
service range includes also international fair services. In addition to
Finland, Wulff operates in Sweden, Norway, Denmark and Estonia. The Group also
serves its customers online with a web store for office supplies at
wulffinkulma.fi.

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