MR. JUKKA SUONPERÄ APPOINTED AS PRESIDEN

MR. JUKKA SUONPERÄ APPOINTED AS PRESIDENT OF INHA WORKS

Mr. Jukka Suonperä (50), M.Sc.(Eng.), has been appointed as
President of Inha Works as of April 1, 2003.

Mr. Suonperä´s last position was as Senior Executive Vice
President in Enermet Group Oy.

Inha Works is a subsidiary of Fiskars Corporation and is based in
Finland in Ähtäri. Inha Works manufactures Buster aluminum boats,
hinges to door and window industry and rail fasteners. Inha Works´
net sales was EUR 23 million and the number of personnel is 200.

Bertel Langenskiöld
President and CEO