Kotkamills Group Oyj: CHANGE IN NUMBER OF SHARES AND VOTES

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Kotkamills Group Oyj: CHANGE IN NUMBER OF SHARES AND VOTES IN KOTKAMILLS GROUP OYJ

Kotkamills Group Oyj

STOCK EXCHANGE RELEASE

30 September 2016, at 6:30 pm (CET + 1)

Kotkamills Group Oyj ("Kotkamills") has as previously announced carried out a directed issue of class A and B shares. The issue of shares has resulted in changes in the number of shares and votes in Kotkamills as follows:

Prior to the issuance of new shares, there were in total 10,000,000 shares in Kotkamills, of which 9,000,000 class A shares, corresponding to 9,000,000 votes, and 1,000,000 class B shares, corresponding to 1,000,000 votes, 10,000,000 votes in total.

The number of shares has through the issuance of new class A shares increased by 1,406,277 and the number of votes has increased by 1,406,277.  The number of shares has through the issuance of new class B shares increased by 131,252 and the number of votes has increased by 131,252.

As of September 30, 2016, there are in total 11,537,529 shares in Kotkamills, of which 10,406,277 class A shares, corresponding to 10,406,277 votes, and 1,131,252 class B shares, corresponding to 1,131,252 votes, 11,537,529 votes in total.

For additional information, please contact:

CFO Petri Hirvonen, tel.+358 40 571 0834, petri.hirvonen@kotkamills.com

DISTRIBUTION: Nasdaq Helsinki Ltd Key media www.kotkamills.com

Kotkamills Group in brief

Kotkamills is a responsible partner that delivers renewable products and performance to its customers' processes via product innovations created from wood, a renewable raw material. The key brands of the company include Absorbex® and Imprex®, both innovative laminating paper products for the laminate, plywood and construction industries. Moreover, Kotkamills offers ecological, technically sound and visually attractive wood products for demanding joinery and construction. In summer 2016, Kotkamills started up a new board machine producing AEGLE(TM) Folding Boxboard and ISLA(TM) Food Service Boards, including the capability to add barriers on-machine. All Consumer Boards material solutions are fully recyclable and repulpable.

Kotkamills has two production sites in Finland, located in Kotka and Imatra, and a subsidiary L.P. Pacific Films for Imprex® production in Malaysia. The majority shareholder of Kotkamills is MB Funds, a Finnish private equity firm.

www.kotkamills.com

Disclaimer

The information contained in this release shall not constitute an offer to sell or the solicitation of an offer to buy securities of Kotkamills Group Oyj in any jurisdiction.

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