Increase in share capital and listing of new shares resulting from use of option rights


HUHTAMÄKI OYJ STOCK EXCHANGE ANNOUNCEMENT 25.10.2006 AT 09.30
 
A total of 130,200 new shares of Huhtamäki Oyj have been issued following conversions of option rights attached to the company's 2000 option rights plan. 19,000 shares were issued based on the 2000 A option rights, 53,400 based on 2000 B option rights and 57,800 based on 2000 C option rights. The corresponding increase in the company's share capital is EUR 442,680.00. The increase has been entered in the Finnish Trade Register on October 25, 2006. The company has requested Helsinki Exchanges to list the new shares for public trading beginning on October 26, 2006. In terms of shareholder rights, the new shares are identical to the company shares already traded on Helsinki Exchanges.
 
Following the increase, the company's registered share capital is EUR 355,143,552.40 and the number of shares outstanding is 104,453,986.
 
The A, B and C option rights attached to the company's 2000 option rights 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:
Mr Juha Salonen, Group Vice President, General Counsel
Tel. +358 10 686 7851
 
HUHTAMÄKI OYJ
Group Communications