HUHTAMAKI: INCREASE IN SHARE CAPITAL AND LISTING OF NEW SHARES RESULTING FROM USE OF STOCK OPTIONS

HUHTAMÄKI OYJ STOCK EXCHANGE ANNOUNCEMENT 31.7.2006 AT 10.00

 

A total of 24,200 new shares of Huhtamäki Oyj have been issued following conversions of stock options attached to the company's 2000 stock option plan. 20,200 shares were issued based on the 2000 A options and 4,000 based on 2000 C options. The corresponding increase in the company's share capital is EUR 82,280.00. The increase has been entered in the Finnish Trade Register on July 31, 2006. The company has requested Helsinki Exchanges to list the new shares for public trading beginning on August 1, 2006. In terms of shareholder rights, the new shares are identical to the company shares already traded on Helsinki Exchanges.

 

Following the increase company's registered share capital is EUR 354,388,752.40 and the number of shares outstanding is 104,231,986.

 

The A, B and C options attached to the company's 2000 stock option plan entitle to the subscription of a total of 3,600,000 new company shares. The annual subscription period is May 2 - October 31, with the program expiring on October 31, 2006.

 

Inquiries:

Ms Taina Erkkilä, Group Vice President Communications

Tel. +358-10-686 7867

 

 

HUHTAMÄKI OYJ

Group Communications