Tikkurila Oyj: Announcement pursuant to the Securities Markets Act, Chapter 2, Section 10 (at 9.15)

Tikkurila Oyj
Stock Exchange Release
November 25, 2010 at 9.15 am (CET+1)

Tikkurila Oyj (business ID 0197067-4) has received a notification, based on the Securities Markets Act, from Solidium Oy (business ID 2245475-9) on November 24, 2010.

According to the notification, Solidium Oy has on November 24, 2010 entered into an agreement with Danske Bank A/S, Helsinki Branch, and therefore Solidium Oy can sell a maximum of 6,474,201 Tikkurila Oyj shares to the market via so-called accelerated bookbuilding, and Danske Bank A/S, Helsinki Branch tries to find buyers for those shares. The sale of the shares, acquired by Danske Bank A/S, Helsinki Branch, is to be carried out after the so-called accelerated bookbuilding phase by a separate Pricing Agreement, which is expected to take place on November 25, 2010.

The shareholding of Solidium Oy prior to the contemplated agreement leading to changes in shareholding is 6,474,201 shares, which equals 14.68% of all shares and their voting rights.

If the share transactions will be realized based on the agreement described above,  the shareholding of Solidium Oy in all shares and votes in Tikkurila Oyj can fall below  1/10 (10%) threshold and 1/20 (5%) threshold.

According to Solidium Oy's notice, its shareholding in Tikkurila Oyj is the following:

According to Solidium Oy's notification section (B) above states the maximum amount of shares that can be sold by Solidium Oy based on the Pricing Agreement. Moreover, the total amount (A) + (B) above equals the amount of shares held by Solidium Oy after the transactions assuming that all the shares stated in section (B) will be sold.

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.

Vantaa, November 25, 2010

Tikkurila Oyj
Susanna Aaltonen, Group Vice President, Communications & IR

For further information, please contact:

Jukka Havia, CFO
Mobile +358 50 355 3757, jukka.havia@tikkurila.com

Susanna Aaltonen, Group Vice President, Communications & IR
Mobile +358 40 593 4221, susanna.aaltonen@tikkurila.com

Tikkurila provides consumers, professionals and industrial users with user-friendly and environmentally sustainable solutions for protection and decoration. Tikkurila is a strong regional player that aims to be the leading paint company in the Nordic area and Eastern Europe including Russia. - Tikkurila inspires you to color your life.

www.tikkurila.com

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