1. Heikki Vauhkonen 2008 Tulikivi Corporation

2. Sales69,682,1-14,9 Operating profit1,08,2-88,3 Percentage of sales1,410,0 Profit before income tax0,27,8-97,9 Percentage of sales0,29,5 Profit for the period0,45,7-93,7 MEUR 01-12/2007 01-12/2006Change, % Consolidated Income Statement, Summary

3. Earnings per share, EUR0,010,16 Equity per share, EUR0,740,83 Return on investment, %2,521,7 Equity ratio, %43,646,4 Gearing, %64,740,9 Current ratio 1,61,5 Order book (Dec 31), MEUR6,910,4 Gross investments, MEUR5,724,1 Gross investments, % of sales8,129,4 Average number of staff682664 2007 2006 Average number of shares 3714397036784755 Number of shares, Dec 313714397037143970 Key Figures

4. 12/200712/2006 Assets Total non-current assets40,540,5 Total current assets22,426,0 Total assets62,866,5 Equity and liabilities Equity Share capital6,36,3 Total non-current liabilities21,219,0 Total current liabilities14,016,8 Total equity and liabilities62,866,5 MEUR Consolidated Balance Sheet

5. 12/200712/2006 Cash flows from operating activities Profit for the period0,45,7 Adjustments: Non-cash transactions5,55,1 Interest expenses and income and taxes0,62,5 Change in working capital-1,80,8 Interest paid and received and taxes paid-2,2-2,1 Net cash flow from operating activities2,512,0 Cash flows from investing activities Acquisition of subsidiaries-11,0 Investments in property, plant and equipment and intangible assets-5,7-10,1 Grants received for investments and sales of property, plant and equipment1,41,0 Net cash flow from investing activities-4,3-20,1 Cash flows from financing activities Non-current and current loans taken8,515,3 Repayment of non-current loans-4,4-3,8 Dividends paid-3,4-2,6 Net cash flow from financing activities0,78,9 Change in cash and cash equivalents-1,10,8 Cash and cash equivalents at beginning of period4,94,1 Cash and cash equivalents at end of period3,84,9 MEUR Consolidated Cash Flow Statement

6. Tulikivi Corporation 83900 JUUKA Tel. +358 (0) 207 636 000 www.tulikivi.com Thank you!