Notification on a Change in Holdings referred to in Chapter 2, Section 10 of the Securities Markets Act

Vaahto Group Plc Oyj Stock exchange release 19.4.2012 at 17.25

NOTIFICATION ON A CHANGE IN HOLDINGS REFERRED TO IN CHAPTER 2, SECTION 10 OF THE SECURITIES MARKETS ACT

The Board of Directors of Vaahto Group Plc Oyj resolved on 19 April 2012 on the two separate directed share issues. According to information received by Vaahto Group, the resolution will lead to the voting rights of Hymy Lahtinen Oy exceeding the 1/20 (5%) threshold, the voting rights of Antti Vaahto falling below the 3/20 (15 %) threshold, the voting rights of Mikko Vaahto falling below the 3/20 (15 %) threshold and the voting rights of Ilkka Vaahto falling below the 3/20 (15 %) threshold.

The notifications on changes in holdings submitted to Vaahto Group Plc Oyj are as follows:

HYMY LAHTINEN OY, NOTIFICATION ON A CHANGE IN HOLDINGS

1 Identification data of the share issuer:

Vaahto Group Plc Oyj, business identity number 0520181-3

2 Grounds for the notification:

The resolution of the Board of Directors of Vaahto Group Plc Oyj on 19 April 2012 regarding the directed share issue.

3 Full names of the entities under obligation to notify:

Hymy Lahtinen Oy

4 Date of transaction and date on which number of shares and voting rights exceeded the threshold for notification:

The resolution of the Board of Directors of Vaahto Group Plc Oyj on 19 April 2012 regarding the directed share issue. The exceeding of the threshold for notification will take place when the shares to be issued in the share issues have been registered with the trade register on or about 23 April 2012.

5 Threshold for notification which the number of shares and voting rights has exceeded:

Exceeded 1/20 (5%)

The shareholdings have been calculated so that the amount of new shares to be issued to Hymy Lahtinen Oy in the directed share issue has been taken into account in its shareholding and the total amount of new shares to be issued in both share issues has been taken into account in Vaahto Group Plc Oyj’s total amount of shares.

6 Information to be notified:

The shares and the voting rights attached thereto upon the implementation of the arrangement

Situation before the arrangement that leads to the change of holdings

Number of shares

% of shares

Number of voting rights

% of voting rights

73 000

2,4

73 000

2,4

Situation after the arrangement that leads to the change of holdings

Number of shares

% of shares

Number of voting rights

% of voting rights

293 000

7,5

293 000

7,5

ANTTI VAAHTO, NOTIFICATION ON A CHANGE IN HOLDINGS

1 Identification data of the share issuer:

Vaahto Group Plc Oyj, business identity number 0520181-3

2 Grounds for the notification:

The resolution of the Board of Directors of Vaahto Group Plc Oyj on 19 April 2012 regarding the directed share issue.

3 Full names of the entities under obligation to notify:

Antti Tapani Vaahto

4 Date of transaction and date on which number of shares and voting rights fell below the threshold for notification:

The resolution of the Board of Directors of Vaahto Group Plc Oyj on 19 April 2012 regarding the directed share issue. The decrease under the threshold for notification will take place when the shares to be issued in the share issues have been registered with the trade register on or about 23 April 2012.

5 Threshold for notification which the number of shares and voting rights has fallen below:

Fallen below 3/20 (15 %)

The shareholdings have been calculated so that the total amount of new shares to be issued in both share issues has been taken into account in Vaahto Group Plc Oyj’s total amount of shares.

6 Information to be notified:

The shares and the voting rights attached thereto upon the implementation of the arrangement

Situation before the arrangement that leads to the change of holdings

Number of shares

% of shares

Number of voting rights

% of voting rights

530 649

17,8

530 649

17,8

Situation after the arrangement that leads to the change of holdings

Number of shares

% of shares

Number of voting rights

% of voting rights

530 649

13,6

530 649

13,6

MIKKO VAAHTO, NOTIFICATION ON A CHANGE IN HOLDINGS

1 Identification data of the share issuer:

Vaahto Group Plc Oyj, business identity number 0520181-3

2 Grounds for the notification:

The resolution of the Board of Directors of Vaahto Group Plc Oyj on 19 April 2012 regarding the directed share issue.

3 Full names of the entities under obligation to notify:

Mikko Kullervo Vaahto

4 Date of transaction and date on which number of shares and voting rights fell below the threshold for notification:

The resolution of the Board of Directors of Vaahto Group Plc Oyj on 19 April 2012 regarding the directed share issue. The decrease under the threshold for notification will take place when the shares to be issued in the share issues have been registered with the trade register on or about 23 April 2012.

5 Threshold for notification which the number of shares and voting rights has fallen below:

Fallen below 3/20 (15 %)

The shareholdings have been calculated so that the amount of new shares to be issued to Mikko Vaahto in the directed share issue has been taken into account in his shareholding as well as the shareholdings of companies under his control and the total amount of new shares to be issued in both share issues has been taken into account in Vaahto Group Plc Oyj’s total amount of shares.

6 Information to be notified:

The shares and the voting rights attached thereto upon the implementation of the arrangement

Situation before the arrangement that leads to the change of holdings

Number of shares

% of shares

Number of voting rights

% of voting rights

538 139

18,0

538 139

18,0

Situation after the arrangement that leads to the change of holdings

Number of shares

% of shares

Number of voting rights

% of voting rights

563 139

14,4

563 139

14,4

ILKKA VAAHTO, NOTIFICATION ON A CHANGE IN HOLDINGS

1 Identification data of the share issuer:

Vaahto Group Plc Oyj, business identity number 0520181-3

2 Grounds for the notification:

The resolution of the Board of Directors of Vaahto Group Plc Oyj on 19 April 2012 regarding the directed share issue.

3 Full names of the entities under obligation to notify:

Ilkka Uolevi Vaahto

4 Date of transaction and date on which number of shares and voting rights exceeded the threshold for notification:

The resolution of the Board of Directors of Vaahto Group Plc Oyj on 19 April 2012 regarding the directed share issue. The decrease under the threshold for notification will take place when the shares to be issued in the share issues have been registered with the trade register on or about 23 April 2012.

5 Threshold for notification which the number of shares and voting rights has fallen below:

Fallen below 3/20 (15 %)

The shareholdings have been calculated so that the total amount of new shares to be issued in both share issues has been taken into account in Vaahto Group Plc Oyj’s total amount of shares.

6 Information to be notified:

The shares and the voting rights attached thereto upon the implementation of the arrangement

Situation before the arrangement that leads to the change of holdings

Number of shares

% of shares

Number of voting rights

% of voting rights

453 985

15,2

453 985

15,2

Situation after the arrangement that leads to the change of holdings

Number of shares

% of shares

Number of voting rights

% of voting rights

453 985

11,6

453 985

11,6

In Lahti on 19 April 2012

VAAHTO GROUP PLC OYJ

Board of Directors

Further information:

Ari Viinikkala

Acting CEO, Vaahto Group Plc Oyj

tel. +358 400 127664