Final results of Oriola-KD's rights offering: the offering was oversubscribed

Oriola-KD Corporation Stock Exchange Release 6 March at 12.30 p.m.

Not for publication or distribution, directly or indirectly, in or into Australia, Canada, Hong Kong special administrative region of the People's Republic of China, Japan, New Zealand, South Africa, Singapore or the United States or any other jurisdiction in which the distribution or release would be unlawful.

Final results of Oriola-KD's rights offering: the offering was oversubscribed

• Rights offering oversubscribed by approximately 30.8 per cent regarding A shares and by approximately 52.6 per cent regarding B shares
• Gross proceeds of approximately EUR 75.6 million were raised
• Due to oversubscription, the subscription guarantee was not utilised 

The Board of Directors of Oriola-KD Corporation ("Oriola-KD" or the "Company") has today approved in full all subscriptions made pursuant to subscription rights in the rights offering that ended on 3 March 2015. In the offering 12,334,694 new A shares (the "New A Shares"), representing approximately 130.8 per cent of the 9,429,742 New A Shares offered, and 31,732,984 new B shares (the "New B Shares" and jointly with the New A Shares, the "Offered Shares"), representing approximately 152.6 per cent of the 20,798,643  New B Shares offered, were subscribed for. The shares subscribed for represent in total approximately 145.8 per cent of all Offered Shares.

9,031,132 New A Shares and 20,224,876 New B Shares, representing approximately 96.8 per cent of all Offered Shares, were subscribed for on the basis of subscription rights. 3,303,562 New A Shares and 11,508,108 New B Shares, representing approximately 49.0 per cent of all Offered Shares, were subscribed for without subscription rights in the secondary subscription. Of the Offered Shares in the secondary subscription, 398,610 New A Shares and 573,767 New B Shares were allocated to subscribers in proportion to the number of subscription rights exercised. The subscription guarantee given by Triton IV Luxco No. 16 S.à r.l was therefore not utilised.

The subscription price for the New A Shares and the New B Shares was EUR 2.50 per share. Oriola-KD raised gross proceeds of approximately EUR 75.6 million through the offering. As a result of the offering, the total number of shares in Oriola-KD will increase to 181,486,213 shares, of which 56,578,452 are A Shares and 124,907,761 are B Shares. The Offered Shares will entitle in full to any possible dividend distributed by the Company as well as produce other shareholders' rights in the Company as of the time the Offered Shares are entered into the Finnish Trade Register, which is estimated to take place on or about 9 March 2015.

Trading in the interim A shares (trading code OKDAVN0115) and the interim B shares (trading code OKDBVN0115), representing the Offered Shares subscribed for pursuant to subscription rights, commenced on 4 March 2015. The interim shares representing the Offered Shares will be combined with the Company's respective current share classes (the trading code of the A shares is OKDAV and trading code of the B shares OKDBV) once the Offered Shares have been registered in the Finnish Trade Register. The Offered Shares subscribed for and approved in the secondary subscription will be recorded on the subscribers' book-entry accounts on or about 9 March 2015. Trading in the Offered Shares on the Nasdaq OMX Helsinki Ltd stock exchange will begin on or about 10 March 2015.

The shareholders and other investors who participated in the secondary subscription will be sent a confirmation specifying the number of Offered Shares allocated on the basis of the secondary subscription on or about 9 March 2015. To the extent that the Company did not allocate all the Offered Shares subscribed for in the secondary subscription, as set out in an investor's subscription order, the Company will refund to the investor the subscription price corresponding to the Offered Shares that were not obtained on or about 9 March 2015.

Pohjola Bank plc acts as the lead manager of the offering. Hannes Snellman Attorneys Ltd is the legal advisor of Oriola-KD.

ORIOLA-KD CORPORATION

Tuomas Itkonen
CFO

ADDITIONAL INFORMATION:

Tuomas Itkonen
CFO
Tel: +358 40 596 4004
e-mail: tuomas.itkonen@oriola-kd.com

Eero Hautaniemi
President and CEO
Tel: +358 10 429 2109
e-mail eero.hautaniemi@oriola-kd.com

Distribution:
NASDAQ OMX Helsinki Ltd
Key media

Released by:
Oriola-KD Corporation
Group Communications
Orionintie 5
FI-02200 Espoo, Finland
www.oriola-kd.com

DISCLAIMER

The information contained herein is not for publication or distribution, directly or indirectly, in or into Australia, Canada, the Hong Kong special administrative region of the People's Republic of China, Japan, New Zealand, South Africa, Singapore or the United States. The issue, exercise or sale of securities in the offering are subject to specific legal or regulatory restrictions in certain jurisdictions. The Company assumes no responsibility in the event there is a violation by any person of such restrictions.

The information contained herein shall not constitute an offer to sell or a solicitation of an offer to buy, nor shall there be any sale of the securities referred to herein in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration, exemption from registration or qualification under the securities laws of any such jurisdiction. Investors must neither accept any offer for, nor acquire, any securities to which this document refers, unless they do so on the basis of the information contained in the applicable prospectus published by the Company.

These written materials do not constitute an offer for sale of securities in the United States, nor may the securities be offered or sold in the United States absent registration or an exemption from registration under the U.S. Securities Act of 1933, as amended, and the rules and regulations thereunder. There is no intention to register any portion of the offering in the United States or to conduct a public offering of securities in the United States.

The Company has not authorised any offer to the public of securities in any member state of the European Economic Area other than Finland. With respect to each member state of the European Economic Area other than Finland which has implemented the Prospectus Directive (each, a "Relevant Member State"), no action has been undertaken or will be undertaken to make an offer to the public of securities requiring publication of a prospectus in any Relevant Member State. As a result, the securities may only be offered in Relevant Member States (a) to any legal entity which is a qualified investor as defined in the Prospectus Directive; or (b) in any other circumstances falling within Article 3(2) of the Prospectus Directive. For the purposes of this paragraph, the expression "an offer of securities to the public" means the communication in any form and by any means of sufficient information on the terms of the offer and the securities to be offered so as to enable an investor to decide to exercise, purchase or subscribe the securities, as the same may be varied by any measure implementing the Prospectus Directive in that Relevant Member State, and the expression "Prospectus Directive" means Directive 2003/71/EC (and amendments thereto, including the 2010 PD Amending Directive, to the extent implemented in the Relevant Member State), and includes any relevant implementing measure in the Relevant Member State and the expression "2010 PD Amending Directive" means Directive 2010/73/EU.

The information contained herein shall not constitute a public offering of shares in the United Kingdom. This document is only being distributed to and is only directed at (i) persons who are outside the United Kingdom or (ii) to investment professionals falling within Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the "Order") or (iii) high net worth companies, and other persons to whom it may lawfully be communicated, falling within Article 49(2) of the Order (all such persons together being referred to as "relevant persons"). Any investment activity to which this document relates will be only available to, and will be engaged in only with, relevant persons.  Any person who is not a relevant person should not act or rely on this announcement or any of its contents.