FISKARS CORPORATION ? EXTRAORDINARY GENE
FISKARS CORPORATION EXTRAORDINARY GENERAL MEETING
Fiskars Corporations Board of Directors has at their meeting on
November 10, 2003 decided to convene an Extraordinary General Meeting
on Tuesday, December 9, 2003.
The Board of Directors proposes that an extra dividend of 0.40 euro
per A share and 0.38 euro per K share be paid for the financial
period, which ended December 31, 2002.
The total amount of the extra dividend would be approximately 21.8
million euro. The date of payment would, according to the proposal of
the Board of Directors, be December 19, 2003. The extra dividend will
be paid to shareholders registered in the companys shareholders
register, maintained by the Finnish Central Securities Depository
Ltd., on December 12, 2003.
The Board of Directors has confirmed that the stable financial
situation of the company makes it possible to pay the proposed amount
in extra dividend.
Fiskars Corporations Board of Directors has also decided to initiate
a share repurchase plan. The Board has resolved to use a maximum of
1.0 million euro for the repurchase of own shares, however, so that a
maximum of 100 000 own shares will be purchased.
The shares will be repurchased based on the authorization granted by
the Annual General Meeting of Fiskars and which is valid until March
14, 2004. The shares will be purchased through public trading and used
for purposes according to the authorization. All shares to be acquired
will be purchased at a price which is based on the market price of the
share of Fiskars in public trading.
President & CEO
Enclosure: Notice of Extraordinary General Meeting
NOTICE OF EXTRAORDINARY GENERAL MEETING OF SHAREHOLDERS
An Extraordinary General Meeting of Fiskars Corporation will be held
at Marina Congress Center, Katajanokanlaituri 7, 00160 Helsinki,
Finland on Tuesday, December 9, 2003 at 4.00 p.m.
Agenda for the Extraordinary General Meeting:
Proposal by the Board of Directors for distribution of extra dividend
The Board of Directors proposes for the Extraordinary General Meeting
that an extra dividend of 0.40 euro per A share and 0.38 euro per K
share be paid for the financial period that ended December 31, 2002.
The extra dividend will be paid to shareholders registered in the
shareholders register of Fiskars Corporation maintained by the
Finnish Central Securities Depository Ltd. on December 12, 2003. It is
proposed that the extra dividend be paid on Friday, December 19, 2003.
The proposal of the Board of Directors will be available for
inspection by shareholders at Fiskars Corporation, Mannerheimintie 14
A, 00100 Helsinki, Finland from December 2, 2003 and copies of the
documents will be sent to shareholders upon request.
Right to attend the meeting
A shareholder who on November 29, 2003 is registered as shareholder in
the shareholders register of Fiskars Corporation, maintained by the
Finnish Central Securities Depository Ltd., has the right to attend
the Extraordinary General Meeting. In order to enable participation at
the Extraordinary General Meeting, nominee registered shareholders
shall contact the relevant account holder so that a provisional
registration per November 28, 2003 can be made in the shareholders
Shareholders wishing to attend the Extraordinary General Meeting shall
notify Fiskars Corporation either by letter to Fiskars Corporation,
P.O. Box 235, FIN-00101 Helsinki, Finland, by phone MondayFriday at
8.00 a.m.4.00 p.m. at telephone +358 9 6188 6220 or by e-mail at
email@example.com not later than December 2, 2003 by
4.00 p.m. The notifications shall be received by Fiskars Corporation
prior to the expiration of the notification period. Proxies should be
sent to Fiskars Corporation in advance.
Helsinki, November 11, 2003
The Board of Directors