FISKARS CORPORATION ANNOUNCES NEW ORGANIZATION STRUCTURE

FISKARS CORPORATION ANNOUNCES NEW ORGANIZATION STRUCTURE

Fiskars continues to streamline and organize its structure from the previous
holding company structure towards a clear operational Branded Consumer Goods
Company.

Fiskars re-organizes its management structure to improve the efficiency of its
operations. The target is to achieve a clear regional responsibility as well as
a stronger focus behind each individual business area.

The role of the corporate management is further clarified. Fiskars Corporate
Management will participate actively in the strategic management of all its
businesses.

The following are members of the Corporate Management and will report directly
to Fiskars Corporate President and CEO Kari Kauniskangas:

Leena Kahila-Bergh Vice President, Corporate Communications
Jutta Karlsson General Counsel
Hille Korhonen Vice President, Operations
Juha Rauhala Vice President, Corporate Finance

To ensure a world-class supply chain for all of its businesses, Hille Korhonen,
currently the Group Director, Operations at Iittala Group, has been appointed
Vice President, Operations for Fiskars Corporation. In this newly created
position Hille Korhonen will be responsible for group-wide strategy and
direction in all manufacturing, sourcing and logistics-related matters.

The new business segments are Americas, EMEA, and Other.
In the Americas the Fiskars branded consumer products distribution, logistics
and consumer preferences are common within different business areas. In the EMEA
area the markets and distribution are more diversified, but from the customer
point of view the business areas operate in a common environment. In the segment
Other the business logic for Inha Works and Real Estate differ from the EMEA
segment operations.

In the new matrix organization the leadership teams are:

EMEA
Francis Kint President, Garden,
Tero Vähäkylä President, Homeware
Lars Gullikson President, Silva (Outdoor Recreation)
Elly Piccart CFO, EMEA

Americas
Jason Landmark President, Outdoor Recreation
Chad Vincent President, Craft
Paul Tonnesen President, Garden
Jerome Klein CFO, Americas

Other
Ingmar Lindberg Executive Vice President, Real Estate
Jukka Suonperä President, Inha Works

Francis Kint will coordinate the global Garden business, Jason Landmark will
coordinate the global Outdoor Recreation business, and Tero Vähäkylä will
coordinate the global Homeware business.

Francis Kint, Tero Vähäkylä, Jason Landmark, Chad Vincent, Elly Piccart and
Jerome Klein will report direct to Fiskars Corporation´s President and CEO.
Ingmar Lindberg continues as Executive Vice President for Fiskars Corporation.

In conjunction with the above changes the following other announcements are also
made:
Jim Purdin, President and CEO of Fiskars Brands, Inc., will leave the Company on
March 31, 2008. Until then, he will help facilitate a smooth transition to the
new structure.
Maija Elenius, Vice President, Corporate Control, has decided to leave the
Company. For the present, Juha Rauhala, Vice President, Corporate Finance, will
assume the responsibility for the corporate finance management.

The new organization structure will have an impact on Fiskars segment reporting
from Q1/2008 as well as on comparative year and quarters in 2007.

Fiskars Annual General Meeting will be held on March 25, 2008.

Fiskars Q1 will be published on May 8, 2008.

Kari Kauniskangas
President and CEO

Founded in 1649, Fiskars is a leading supplier of branded consumer goods.
Fiskars business areas are: Garden, Homeware, Craft, Outdoor Recreation, Inha
Works, and the Real Estate Group. Major international brands are Fiskars,
Iittala, Gerber, Silva, and Buster. The associated company Wärtsilä Corporation
is also an important part of the Corporation. Wärtsilä is the global leading
Ship Power Supplier and a major provider of power plants for decentralized power
generation with related services.
In 2007, the Fiskars Corporation net sales were EUR 658 million, the operating
profit EUR 110 million; while around the world the Corporation employed some
4,500 people. www.fiskars.fi