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Press Release

2001-12-3

Dynea Oy and Industri Kapital’s comment to the Finnish Government’s decision to withdraw the proposal concerning the Kemira Arrangement

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Despite significant efforts to show the economic and industrial benefits of the planned combination in the Nordic specialty chemicals industry involving Kemira Oyj, Dynea Oy and Sydsvenska Kemi AB (Perstorp and Neste Oxo), it seemed difficult to find sufficient support for this transaction in the Finnish Parliament.

“The planned transaction would have been an attractive opportunity to create a leading Nordic specialty chemicals group with strong global positions in its core businesses. We continue to explore further alternatives in the chemicals sector”, says Michael Rosenlew, Director of Industri Kapital.

For further information:

Michael Rosenlew, Director, Industri Kapital

tel. + 46 8 678 95 00,

mob. +46 70 378 95 25

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