ADVANCE INFORMATION ON FISKARS CORPORATI

ADVANCE INFORMATION ON FISKARS CORPORATION’S FINANCIALS 2002
Unaudited

Profit for the period increased to EUR 50 million (23), earnings
per share totaled EUR 0.90 (0.41). Corporate net sales were EUR
725 million (762); calculated at fixed rates, the net sales
decreased by EUR 14 million, or 2%. The difference of EUR 23
million or 5% is mainly attributable to the weakening dollar rate
in relation to euro. Operating profit was EUR 28 million (12). The
figure includes EUR 20 million of non-recurring rationalization
costs (34). Investment income amounted to EUR 59 million (51).

Operational cash flow was good. Thanks to the strong cash flow and
partly due to the weakening of the US dollar, interest-bearing
liabilities decreased to EUR 269 million (400) and net gearing
improved to 57% (96%). Equity ratio increased to 53% (44%). The
corporation’s liquidity continued to be good. Personnel numbered
4,206 (4,556).

Profit for the last quarter of the year was EUR 2 million (-5).
Net sales ammounted to EUR 143 million (151). Calculated at fixed
rates, net sales remained unchanged from the previous year.
Operating profit was EUR 0 million (1).

Fiskars Corporation will publish its financial statement bulletin
on 14 February 2003.

SUMMARY OF FISKARS CORPORATION’S INCOME STATEMENT (MEUR)
The figures are preliminary

Group 10-12/02 10-12/01 1-12/02 1-12/01 change %
Net Sales 143 151 725 762 -5
Operating profit 0 1 28 12 +130
Result 2 -5 50 23 +120
Earnings per share (EUR) 0.90 0.41

The Board of Directors proposes a dividend of EUR 0.70/A-share
(0,31) and EUR 0.68/K-share (0,29), i.e. a total dividend of EUR
38.4 million (16,8).

Fiskars Annual General Meeting will be held on 13 March 2003.

Bertel Langenskiöld
President and CEO