Stock Exchange Releases

The board of Tulikivi Corporation will propose to the shareholders’ meeting the increasing og the number of shares (split)

21.10.2003

The board of Tulikivi Corporation has decided to propose to the
extraordinary shareholders’ meeting to be held in December that
the nominal value of both share types be changed from EUR 3.40 to
EUR 0.68 per share, so that one old share would be split into five
new shares. After the change, the total number of K shares would
be 2.385.000, and the total number of A shares 6.721.385, total
number of shares 9.106.385.

TULIKIVI CORPORATION

Board of directors

Distribution: The Helsinki Stock Exchange
Central Media

Additional information: Tulikivi Corporation, 83900 Juuka, tel.
+358-13-68 11 11, www.tulikivi.com
– Chairman of the Board of Directors Matti Virtaala
– Vice Chairman of the Board of Directors Reijo Vauhkonen
– Managing Director Juha Sivonen