Codetermination negotiations concluded at Fiskars plant in Billnäs

CODETERMINATION NEGOTIATIONS CONCLUDED AT FISKARS PLANT IN BILLNÄS

Fiskars Brands Finland has concluded codetermination negotiations with personnel
in its manufacturing plant in Billnäs, Finland. On the basis of these, the
company has decided to make 13 employees redundant. In addition, approximately
360 people will be laid off for 3-6 weeks depending on the unit.

The codetermination negotiations covered around 380 people. At the start of
negotiations, layoffs were estimated to impact a maximum of 15 people.

Further information:
Thomas Enckell, President, Fiskars Garden EMEA, tel. +358 40 503 8464
Jari Ojala, Director, Billnäs plant, Fiskars Garden EMEA, tel. +358 50 306 1079

FISKARS CORPORATION
Kari Kauniskangas

Fiskars is a leading global supplier of consumer products for the home, garden
and outdoors. The group has a strong portfolio of trusted international brands
including Fiskars, Iittala, Gerber, Silva, and Buster. Associated company,
Wärtsilä Corporation, is also an important part of the group, and forms one of
Fiskars' operating segments, together with the Americas, EMEA, and Other.
Founded in 1649 and listed on NASDAQ OMX Helsinki, Fiskars is Finland's oldest
company. Fiskars recorded net sales of €697 million in 2008, and employs some
4,100 people.

www.fiskars.fi