Press releases

Press and stock exchange releases from Fiskars Corporation, dating from 1997 have been gathered onto this page. Additional financial data related to interim reports and the annual reports stock exchange releases can be retrieved from 2000 onwards.

 

FISKARS CORPORATION               STOCK EXCHANGE RELEASE
                                  February 14, 2006, 7.15 p.m.


NOTICE OF ANNUAL GENERAL MEETING


The shareholders of Fiskars Corporation are invited to attend the Annual General
Meeting scheduled at 3:00 p.m. on Monday, March 20, 2006. The meeting will be
held at Finlandia Hall in the Helsinki Hall, Mannerheimintie 13 e, Helsinki.
Entrance from Mannerheimintie - door M3 and from Karamzininkatu - door K3.

The following matters will be on the agenda:

1. The matters referred to in Article 14 of the Articles of Association

2. The Board of Directors' proposal for an authorization to the Board of
Directors to acquire the Company's own shares

The Board proposes that the General Meeting authorize the Board to acquire the
company's own shares altogether no more than 7,751,019, of which no more than
5,494,449 are series A shares and no more than 2,256,570 are series K shares,
taking into consideration the provisions of the Companies Act regarding the
maximum amount of own shares that the Company is allowed to possess. The proposed
amount corresponds to nearly 10 percent of the share capital of the company's
total share capital or voting rights.

The shares may be acquired only in public trading, whereby they are acquired at
the prevailing market price and in another proportion than to the shareholders'
holdings.

The authorization may be used to acquire shares to be used as consideration in
future mergers and acquisitions or industrial reorganizations or for the
development of the capital structure of the company, or as part of its management
incentive system.

The Board may also propose that the share capital be decreased by invalidation of
acquired shares.

This authorization shall remain in force for one year from the resolution of the
Annual General Meeting.

3. The Board of Directors' proposal for an authorization to the Board of
Directors to convey the Company's own shares

The Board proposes that the General Meeting authorize the Board to convey a
maximum of 5,494,449 of series A shares and a maximum of 2,256,570 of series K
shares acquired by the company.

The Board shall be authorized to determine to whom and in what order the
company's own shares shall be conveyed. The Board may decide on the conveyance of
the shares otherwise than in proportion to the shareholders' pre-emptive
subscription rights.

The Board shall decide on the conveyance price of the shares and on the other
terms related to their conveyance, and the shares may be conveyed for other
consideration than cash. The authorization includes the right to set the
principles used to determine the conveyance price. The shares may be conveyed as
consideration in future mergers and acquisitions or industrial reorganizations or
for the development of the capital structure of the company, or as part of its
management incentive system. The shares may be conveyed also through public
trading.

This authorization shall remain in force for one year from the resolution of the
Annual General Meeting.

Information

Copies of the financial statements and the proposals of the Board of Directors
will be available for shareholders for inspection as of March 13, 2006 at Fiskars
Corporation's head office at Mannerheimintie 14 A, Helsinki. The Annual Report
2005 is also available on the corporate web site www.fiskars.fi. Copies of the
documents will be mailed to shareholders upon request.

Right to attend the meeting

A shareholder who on March 10, 2006 is registered as shareholder in the
shareholders' register of the company maintained by Finnish Central Securities
Depository Limited has the right to attend the General Meeting. In order to
enable participation at the General Meeting, nominee registered shareholders
shall contact the relevant account holder so that a temporary registration per
March 10, 2006 can be made in the shareholders' register.

Notification of participation

Shareholders wishing to attend the General Meeting shall notify the company of
their intention to participate not later than Thursday, March 16, 2006 by 4.00
p.m.
- on the Fiskars Corporation web site www.fiskars.fi
- by letter to Fiskars Corporation, P.O. Box 235, 00101 Helsinki, Finland, or
- by phone Monday-Friday between 8.00 a.m. and 4.00 p.m. at telephone +358 9 6188
6231.

The notification shall arrive by the end of the said notification period.

Please forward possible proxies to the postal address given above prior to the
expiry of the notification period.

Election of the members of the Board of Directors

In relation to the election of the Board of Directors the Board members Mr. Göran
J. Ehrnrooth and Mr. Mikael von Frenckell have made known that they will not be
available.

Shareholders representing more than 30% of all the Fiskars Corporation votes
propose to the Annual General Meeting the number of members of the Board of
Directors to be seven and the following individuals to be elected to the Board:
Mr. Kaj-Gustaf Bergh, Mr. Alexander Ehrnrooth, Mr. Paul Ehrnrooth, Ms. Ilona
Ervasti-Vaintola, Mr. Gustaf Gripenberg, Mr. Karl Grotenfelt and Mr. Olli
Riikkala. All the individuals above have given their consent to the election and
have stated as their intention, should they be elected, to nominate Mr. Olli
Riikkala Chairman and to nominate two Deputy Chairmen, Mr. Alexander Ehrnrooth
and Mr. Paul Ehrnrooth.

Nomination Committee's proposal for Auditors

The above mentioned group of shareholders also proposes that KPMG Oy Ab,
Authorized Public Accountants firm, authorized by the Central Chamber of Commerce
of Finland, be appointed the company's auditors. KPMG Oy Ab has given its consent
to being so appointed.

Dividend

The Board of Directors proposes to the General Meeting that a dividend of EUR
0.45 per share of series A and EUR 0.43 per share of series K be paid for the
financial period that ended on December 31, 2005.

The dividend will be paid to shareholders who are registered in the shareholders'
register maintained by Finnish Central Securities Depository Limited on the
record date, which is March 23, 2006.

The dividend payment date proposed by the Board is March 30, 2006.

Helsinki, February 14, 2006

Board of Directors


Fiskars Corporation


Maija Elenius                Leena Kahila-Bergh
Vice President,              Vice President,
Corporate Controller         Corporate Communications