FISKARS CORPORATION’S BOARD OF DIRECTORS

FISKARS CORPORATION'S BOARD OF DIRECTORS' PROPOSALS
TO THE ORDINARY GENERAL MEETING ON 16 MARCH 2004

Fiskars Corporation's Board of Directors proposes:

1.
that the Board of Directors be authorized to acquire within the period
of one year from 16 March 2004 a maximum of 1,869,803 of the company's
own A shares and a maximum of 805,618 K shares in a proportion deviating
from the shareholders' existing proportionate holdings at share prices
quoted on the Helsinki Exchanges at any given time. The Board of
Directors shall be entitled to use the authorization when there are
weighty financial reasons to safeguard the corporation's activity or to
consolidate and expand the company's international and/or national
business and/or to safeguard a stable development of the share price.

Following the acquisition of shares as above, the distributable equity
of the company will decrease.

As the maximum number covered by the authorization is less than 5% of
the company's total number of shares and votes, the above acquisition
will have only a limited impact on the allotment of shares and votes in
the company.

The company's inner circle, as specified in Chapter 1, Section 4 of the
Companies Act, owns a total of 63.0% of the company's shares and 71.0%
of the votes. As the company intends to acquire the shares on the
Helsinki Exchanges from unknown sellers, the number of shares and votes
owned by the inner circle after the acquisition cannot be specified.

2.
that the Board of Directors be authorized to decide within the period of
one year from 16 March 2004 to convey a maximum of 1,869,803 Fiskars A
shares and a maximum of 805,618 Fiskars K shares which were acquired
pursuant to the Board's authorization.

It is proposed that the Board of Directors be entitled to decide to whom
and in which order the acquired shares shall be conveyed. The Board of
Directors can decide on the conveyance of the acquired shares
disapplying the shareholders' pre-emptive rights. The Board of Directors
shall be entitled to use the authorization when there are weighty
financial reasons to safeguard the corporation's activity or to
consolidate and expand the company's international and/or national
business. The lowest price at which the shares are conveyed shall be the
current share price on the Helsinki Exchanges at the time of the
conveyance.

Heikki Allonen
President and CEO