Disclosure of Change in Shareholdings Under Chapter 9, Section 10 of the Securities Markets Act2

VAAHTO GROUP PLC OYJ STOCK EXCHANGE RELEASE 23 February 2015 at 8:45

DISCLOSURE OF CHANGE IN SHAREHOLDINGS UNDER CHAPTER 9, SECTION 10 OF THE SECURITIES MARKETS ACT

Notification of major shareholding made to Vaahto Group Plc Oyj:

LOMBARD INTERNATIONAL ASSURANCE S.A., DISCLOSURE OF CHANGE IN SHAREHOLDINGS

1 Information on the issuer of the shares:

Vaahto Group Plc Oyj, registered number 0520181-3

2 Reason for the notification:

Acquisition of shares and voting rights

3 Full names of those with a notification obligation:

Lombard International Assurance S.A.

4 Date of the transaction and the date when the threshold was reached:

The threshold was reached on 18 February 2015.

5 Reached threshold of major shareholdings:

Reached 5 %

6 Information to be disclosed:

Shares and related voting rights upon completion of the arrangement

Position before the arrangement causing the change

Number of shares	% of shares	Number of voting rights	% of voting rights
	under 5 %		under 5 %

Position after the arrangement causing the change

Number of shares	% of shares	Number of voting rights	% of voting rights
1 200 000	7,5 %	1 200 000	7,5 %

In Lahti on 23 February 2015

VAAHTO GROUP PLC OYJ

Board of Directors

 Additional information:

Topi Karppanen, CEO, +358 40 5001957