In the Helsinki Stock Exchange

Trade date              23.12.2008
Bourse trade            BUY
Share                   TULAV
Amount                  10.000        shares
Total cost              6.500,20      EUR
Average price/ share    0,6500        EUR
Highest price/ share    0,66          EUR
Lowest price/ share     0,61          EUR

Tulikivi Corporation now holds a total of 70.000 shares
including the shares repurchased on 23.12.2008.

On behalf of Tulikivi Corporation

Nordea Bank Finland Plc

Petri Simberg              Julius Summanen

At its meeting on 12 December 2008, the Board of Directors of Tulikivi Corporation has decided continue to buy back Tulikivi shares. At this stage, a maximum of 100,000 Tulikivi Series A shares will be acquired, representing about 0.27 per cent of the company’s shares outstanding. The decision is based on the authorization granted by the Annual General Meeting on 17 April 2008.

The shares will be obtained for use as consideration in acquisitions or other structural arrangements, for the implementation of a share-based incentive scheme or the payment of
share bonuses, or otherwise conveyed or invalidated.

Share buyback will commence no earlier than 22 December 2008 and will end by 30 March 2009. The company holds at present 60,000 own A shares representing about 0.16 per cent of the company´s shares outstanding.

The shares will be acquired in public trading on NASDAQ OMX Helsinki Exchange at the going price at the time of purchase in accordance with Section 5.3 of the rules of NASDAQ OMX Helsinki and other provisions concerning share buyback. Due to the low average liquidity of share turnover, the company’s Board of Directors has decided, as provided for in Section 3, Article 5 of Commission Regulation (EC) No. 2273/2003, to deviate from the procedure laid out in Section 2, Article 5 of the Regulation such that share buyback can exceed the 25 per cent limit, but will not exceed 50 per cent of the average daily volume.

Juuka, 12 December 2008

Tulikivi Corporation

Board of Directors

For additional information, contact: Tulikivi Corporation, 83900
Juuka, tel. +358 207 636 000,
– Chairman of the Board Matti Virtaala
– Managing Director Heikki Vauhkonen
Distribution: NASDAQ OMX Ltd. and principal media
www.tulikivi.com

Tulikivi Corporation´s Financial Statements Release for
         2008 will be published on February 10, 2009. Annual
         Report will come out week 12. Annual General meeting will
         be held on March 31, 2009.
         
         The following interim reports will be published in 2009:
         - January - March          April 21
         - January - June           July 21
         - January - September      October 20
               
         
         TULIKIVI CORPORATION
         
         
         Heikki Vauhkonen
         Managing Director

Distribution

         NASDAQ OMX Helsinki Ltd
         Central Media

In the Helsinki Stock Exchange

Trade date              27.11.2008
Bourse trade            BUY
Share                   TULAV
Amount                  1 500         shares
Total cost              1 225,00      EUR
Average price/ share    0,8167        EUR
Highest price/ share    0,85          EUR
Lowest price/ share     0,80          EUR

Tulikivi Corporation now holds a total of 60.000 shares
including the shares repurchased on 27.11.2008.

On behalf of Tulikivi Corporation

Nordea Bank Finland Plc

Petri Simberg              Jarkko Järvinen

In the Helsinki Stock Exchange

Trade date              25.11.2008
Bourse trade            BUY
Share                   TULAV
Amount                  300           shares
Total cost              255,00        EUR
Average price/ share    0,8500        EUR
Highest price/ share    0,85          EUR
Lowest price/ share     0,85          EUR

Tulikivi Corporation now holds a total of 58.500 shares
including the shares repurchased on 25.11.2008.

On behalf of Tulikivi Corporation

Nordea Bank Finland Plc

Petri Simberg              Jarkko Järvinen

In the Helsinki Stock Exchange

Trade date              24.11.2008
Bourse trade            BUY
Share                   TULAV
Amount                  1.500         shares
Total cost              1.200,00      EUR
Average price/ share    0,8000        EUR
Highest price/ share    0,80          EUR
Lowest price/ share     0,80          EUR

Tulikivi Corporation now holds a total of 58.200 shares
including the shares repurchased on 24.11.2008.

On behalf of Tulikivi Corporation

Nordea Bank Finland Plc

Petri Simberg              Jarkko Järvinen

In the Helsinki Stock Exchange

Trade date              21.11.2008
Bourse trade            BUY
Share                   TULAV
Amount                  1.500         shares
Total cost              1.286,00      EUR
Average price/ share    0,8573        EUR
Highest price/ share    0,87          EUR
Lowest price/ share     0,85          EUR

Tulikivi Corporation now holds a total of 56.700 shares
including the shares repurchased on 21.11.2008.

On behalf of Tulikivi Corporation

Nordea Bank Finland Plc

Petri Simberg              Jarkko Järvinen

In the Helsinki Stock Exchange

Trade date              20.11.2008
Bourse trade            BUY
Share                   TULAV
Amount                  1.500         shares
Total cost              1.276,60      EUR
Average price/ share    0,8511        EUR
Highest price/ share    0,87          EUR
Lowest price/ share     0,81          EUR

Tulikivi Corporation now holds a total of 55.200 shares
including the shares repurchased on 20.11.2008.

On behalf of Tulikivi Corporation

Nordea Bank Finland Plc

Petri Simberg              Jarkko Järvinen

In the Helsinki Stock Exchange

Trade date              18.11.2008
Bourse trade            BUY
Share                   TULAV
Amount                  1.500         shares
Total cost              1.340,00      EUR
Average price/ share    0,8933        EUR
Highest price/ share    0,90          EUR
Lowest price/ share     0,88          EUR

Tulikivi Corporation now holds a total of 53.700 shares
including the shares repurchased on 18.11.2008.

On behalf of Tulikivi Corporation

Nordea Bank Finland Plc

Petri Simberg              Jarkko Järvinen

In the Helsinki Stock Exchange

Trade date              17.11.2008
Bourse trade            BUY
Share                   TULAV
Amount                  1.400         shares
Total cost              1.204,00      EUR
Average price/ share    0,8600        EUR
Highest price/ share    0,86          EUR
Lowest price/ share     0,86          EUR

Tulikivi Corporation now holds a total of 52.200 shares
including the shares repurchased on 17.11.2008.

On behalf of Tulikivi Corporation

Nordea Bank Finland Plc

Petri Simberg              Jarkko Järvinen