Suominen Corporation Interim Report 1 January - 30 June 2007 (IFRS)

SUOMINEN'S PERFORMANCE CONTINUED ON POSITIVE TRACK                              


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| KEY FIGURES             | 4-6/2007|4-6/2006 |1-6/2007 | 1-6/2006 | 1-12/2006 |
|                         |         |         |         |          |           |
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| Net sales, EUR million  |    51.2 |    47.7 |   105,5 |     97.0 |     202.6 |
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| Operating profit, EUR   |     0.5 |    -0.5 |     1.7 |      0.1 |       1.2 |
| million                 |         |         |         |          |           |
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| Profit/loss for the     |    -0.3 |    -1.0 |    -0.1 |     -1.3 |      -1.8 |
| period, EUR million     |         |         |         |          |           |
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| Earnings/share, EUR     |   -0.01 |   -0.04 |    0.00 |    -0.05 |     -0.08 |
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| Return on invested      |     1.4 |    -1.1 |     2.4 |      0.3 |       0.9 |
| capital (ROI), %        |         |         |         |          |           |
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| Cash flow from          |    0.15 |   -0.07 |    0.10 |     0.12 |      0.53 |
| operations/share, EUR   |         |         |         |          |           |
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| Cash flow from          |    0.07 |   -0.03 |    0.17 |     0.16 |      0.53 |
| operations before       |         |         |         |          |           |
| interest-bearing        |         |         |         |          |           |
| receivables/share, EUR  |         |         |         |          |           |
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Suominen's net sales and financial performance improved on the first half of    
2006.                                                                           

The outlook for the remainder of the year: Net sales are expected to grow on    
2006. Operating profit is expected to increase on the previous year and profit  
for the financial year is expected to be positive.                              


GROUP FINANCIAL RESULTS                                                         

Suominen Corporation's net sales for the second quarter totalled EUR 51.2       
million (47.7), up 7 per cent on the figure for the corresponding period in     
2006. The volume of sales grew in all units. Operating profit was EUR 0.5       
million (-0.5), profit before taxes EUR -0.4 million (-1.5) and profit after    
taxes EUR -0.3 million (-1.0).                                                  

Net sales for the first two quarters totalled EUR 105.5 million (97.0), an      
increase of 9 per cent on the previous year. Operating profit was EUR 1.7       
million (0.1), profit before taxes EUR -0.1 million (-1.8) and profit after     
taxes EUR -0.1 million (-1.3).                                                  

Prices for raw materials continued to rise during the first half of the year and
were above those of the same period in 2006. The positive impact of increased   
volumes in the Wipes and Nonwovens business area could not be fully exploited   
also due to unsatisfactory production.                                          


COST SAVING AND OPERATIONAL ENHANCEMENT PROGRAMME                               

Suominen's ‘Stairs to Top' enhancement programme is to develop operations and   
improve efficiency on a continuous basis, and to increase sales. The impact of  
its cost saving and enhancement measures yielded some EUR 2.5 million during the
period under review, but fell short of targets.                                 


FINANCING                                                                       

Interest-bearing liabilities totalled EUR 92.7 million, i.e. EUR 3.3 million    
more than at the beginning of the year. Liabilities include capital loans of EUR
4 million. Net financial expenses were EUR 1.8 million (1.9) or 1.7 per cent    
(2.0) of net sales. A total of EUR 2.4 million was tied up in working capital in
the cash flow statement, including EUR 1.7 million of interest-bearing          
prepayments of Finnish Employment Pension Scheme (TyEL) contributions for the   
whole year. The equity ratio was 31.6 per cent (32.1), and the gearing ratio    
(ratio of interest-bearing net liabilities to shareholders' equity) was 160.6   
per cent (164.0). Cash flow from operations was EUR 0.10 per share (0.12).      


INVESTMENTS                                                                     

The Company's gross investments in production totalled EUR 5.1 million (1.4).   
Planned depreciation amounted to EUR 7.1 million (7.4). Wet Wipes accounted for 
EUR 1.6 million, Nonwovens EUR 0.8 million and Flexible Packaging EUR 2.7       
million of total investments. The investments focussed on the extension of      
Flexible Packaging's production facilities in Poland, and production efficiency 
and maintenance.                                                                


SEGMENT RESULTS                                                                 

During the period under review, net sales of the Wipes and Nonwovens business   
area totalled EUR 67.0 million, an increase of 12 per cent on the corresponding 
period in 2006. Sales of Nonwovens increased substantially thanks to strong     
demand, while internal deliveries were reduced. The Wipes and Nonwovens business
area recorded an operating profit of EUR -0.1 million (-0.8).                   

Net sales of Wet Wipes totalled EUR 33.5 million and were on the level of 2006. 
Sales volumes increased, while sales prices fell slightly. It is estimated that 
growth in the European wet wipe markets continued. Deliveries to brand owners   
increased, while sales to retailers fell short of expectations. Although        
production efficiency was further increased, the volume of production fell short
of plan as customers used their own stocks. Stocks were reduced to make way for 
assortment renewals later in the summer. Savings in the unit's personnel costs  
did not reach the targeted figure. Investment in automisation of warehouse      
handling is progressing.                                                        

Net sales of Nonwovens increased by 15 per cent to EUR 37.0 million thanks to   
increased sales of hydroentangled material. Deliveries to the US market         
increased, while sales to Europe decreased. Sales of thermally bonded nonwovens 
remained at the same level as in 2006. Sales prices were at the same level as in
the corresponding period in 2006. The impact of raw material clauses on sales   
prices is working with a delay, and thus the rising price of viscose raw        
material at the beginning of the year had an adverse effect on financial        
performance. Production efficiency suffered in particular due to high wastage   
and temporary raw material shortage. Energy costs were reduced by the new power 
plant that operates on process heat, although the price of the wood chips used  
for fuel was on the rise. Investment by the unit in more efficient production   
and improvements in process water treatment began, although most of the actual  
expenditure will take place at the end of the year.                             

Net sales of Flexible Packaging totalled EUR 38.7 million, an increase of 4 per 
cent on the previous year. Flexible Packaging generated an operating profit of  
EUR 2.1 million (1.4). The increase in net sales was due to higher sales        
volumes. Growth in volumes of carrier bags was especially brisk and there were  
slight increases in hygiene and food packaging as well. Work on the new press at
the plant in Poland will become operational during the summer. Expansion of     
plant facilities has also started. Sales of flexible packaging in Eastern Europe
and Russia increased substantially on the previous year. Most of the production 
that earlier took place at the Kauhava plant has been transferred to the Tampere
plant. Employee negotiations at the plant in Sweden during the year reduced     
staff by 13. Scandinavian customers are served from the Swedish site with       
efficient production and with imports, mainly from the plant in Poland.         


SHARE CAPITAL AND SHARES                                                        

Share trading and price                                                         

The number of Suominen Corporation's shares traded on the Helsinki Stock        
Exchange from 1 January to 30 June 2007 was 5,483,457 or 23.1 per cent of the   
shares included in the Company's share capital. The trading price varied from   
EUR 2.97 to EUR 3.79. The final trading price was EUR 3.40. The Company's market
capitalisation was EUR 80.5 million on 30 June 2007.                            


Share capital                                                                   

The registered number of issued shares of Suominen totals 23,720,112 shares or  
EUR 11,860,056. There were no changes in share capital during the period under  
review. A dividend of EUR 0.06 per share, which totals to EUR 1,418,923.14, was 
paid on 12 April 2007.                                                          


The Company's own shares                                                        

On 1 January 2007, the Company held 51,121 of its own shares, with an           
acquisition value of EUR 3.19 per share.                                        

The Annual General Meeting of Shareholders held on 29 March 2007 authorised the 
Board of Directors to decide on the acquisition of a maximum of 1,186,000 of the
Company's own shares. The authorisation will be valid for 18 months after the   
decision of the General Meeting. The repurchased shares will be used as payment 
in business acquisitions or other arrangements in the Company's business, to    
finance investments, to implement incentive programmes, will be held by the     
Company, or will be otherwise conveyed or cancelled. The Company's own shares   
will be repurchased otherwise than in proportion to the holdings of the         
shareholders by using non-restricted equity through public trading on the       
Helsinki Stock Exchange at the market price prevailing at the time of           
acquisition.                                                                    

The General Meeting also authorised the Board of Directors to decide on the     
conveyance of a maximum of 1,237,000 of the Company's own shares. The           
authorisation will be valid for 18 months after the end of the General Meeting. 
Within the authorisation the Company has conveyed 14,778 of its own shares as   
emoluments to the Board of Directors in the period under review. The price of   
the conveyed shares was EUR 3.45 per share.                                     

During the period under review, the Board of Directors did not exercise its     
authorities to buy the Company's own shares. On 30 June 2007, Suominen          
Corporation held a total of 36,343 of its own shares, accounting for 0.0 per    
cent of the share capital and votes.                                            


Stock options 2006 and 2007                                                     

Under stock option plan 2006, a maximum of 300,000 stock options shall be issued
to the President and CEO of Suominen Corporation as specified by the Board of   
Directors. Each stock option entitles its holder to subscribe for one Suominen  
Corporation's share with an equivalent book value of EUR 0.50. The Board of     
Directors decided to issue 100,000 stock options according to the 2006B stock   
option plan. The share subscription price for the stock options is the trade    
volume-weighted average price of the Company share on the Helsinki Stock        
Exchange in May 2007 or EUR 3.44. The subscription period for the 2006B stock   
options is from 2 May 2009 to 30 October 2010.                                  

Under stock option plan 2007, a maximum of 200,000 stock options shall be issued
to the Executive Team of Suominen Corporation as specified by the Board of      
Directors. Each stock option entitles its holder to subscribe for one Suominen  
Corporation's share with an equivalent book value of EUR 0.50. The Board of     
Directors decided to issue 80,000 stock options according to the 2007A stock    
option plan. The share subscription price for the stock options is the trade    
volume-weighted average price of the Company share on the Helsinki Stock        
Exchange in May 2007 or EUR 3.44. The subscription period for the 2007A stock   
options is from 2 May 2009 to 30 October 2010.                                  

As the registered number of Suominen's issued shares totals 23,720,112, the     
number of shares may rise to a maximum of 24,220,112 after stock option         
subscriptions.                                                                  


Other authorisation for the board of directors                                  

The Board of Directors is not currently authorised to issue shares, convertible 
bonds or bonds with warrants.                                                   


Notifications of changes in holdings                                            

After transaction made on 2 May 2007, Sampo Life Insurance Company's total      
ownership of Suominen Corporation has decreased to 720,024 shares, which        
corresponds to 3.04 per cent of the Company's share capital and voting rights.  


OUTLOOK                                                                         

Net sales for the all of 2007 are expected to improve compared with those of    
last year. Operating profit is expected to increase on the previous year and    
profit for the financial year is expected to be positive.                       

In the Wipes and Nonvowens business area, net sales of Wet Wipes during the     
second part of the year is expected to rise clearly on the first half           
contributing to a visibly better result for the whole segment during the        
remaining six months.                                                           

The estimate on sales growth is based on forecasts given by customers and on our
own forecasts. Profitability is expected to improve due to planned cost-savings,
improved efficiency and growth in sales.                                        

Expanding operations in Poland, in particular, is expected to increase          
investments to a level of EUR 12 million in 2007.                               


NEAR-FUTURE UNCERTAINTIES                                                       

Uncertainties affecting Suominen's business are described in the report by the  
Board of Directors for 2006. The estimate on the development of Suominen's net  
sales is partly based on forecasts given by customers. Changes in the market    
situation or changes in products and suppliers may change net sales from the    
forecast. Rapid fluctuations in raw material prices may affect Suominen's       
margins. The sensitivity of Suominen's goodwill to changes in the business      
environment is described in the notes to the financial statements for 2006.     
Rising interest rates in 2007 have eroded almost the entire safety margin for   
goodwill in the Wet Wipes cash generating unit when interest rate trends are    
taken as an independent change factor. The installation of the printing machine 
at Flexible Packaging's Polish plant is due to be completed next summer. A delay
in start-up is possible, but the unit is experienced at starting up new         
machinery.                                                                      


SUOMINEN CORPORATION CONSOLIDATED 1 JANUARY - 30 JUNE 2007 (IFRS)               

This interim report has been prepared in compliance with IAS 34 Interim         
Financial Reporting. Principles for preparing the interim report are the same as
those used for preparing the financial statements for 2006, and this interim    
report should be read parallel to the financial statements for 2006. Amendments 
to and interpretations of published accounting standards and new accounting     
standards that came into effect on 1 January 2007 are presented in the financial
statements for 2006. Suominen has adopted the IFRS 7 Financial Instruments:     
Disclosures standard, which came into effect on 1 January 2007, and the         
amendments to IAS 1 relating to it. The Company also complies with the          
interpretation of IFRIC 10 Interim Financial Reporting and Impairment, which    
prohibits, for example, the reversal of impairment losses recognised for        
goodwill during previous interim periods. In its principles for preparing the   
financial statements, Suominen has not applied any changes allowed by the       
published new standards and interpretations prior to their official             
introduction. The most important reform known concerns segment reporting; the   
standard on which is expected to enter into force on 1 January 2009.            


The figures in this interim report have not been audited.                       


STATEMENT OF INCOME                                                             
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| EUR 1 000                |    4-6/ |    4-6/ |    1-6/ |     1-6/ |    1-12/ |
|                          |    2007 |    2006 |    2007 |     2006 |     2006 |
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|                          |         |         |         |          |          |
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| NET SALES                |  51 173 |  47 656 | 105 472 |   96 958 |  202 627 |
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| Cost of goods sold       | -48 098 | -45 069 | -98 350 |  -90 955 | -189 522 |
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| GROSS PROFIT             |   3 075 |   2 587 |   7 122 |    6 003 |   13 105 |
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| Other operating income   |     345 |     185 |     820 |      357 |      724 |
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| Sales and marketing      |    -967 |    -942 |  -2 012 |   -1 827 |   -3 567 |
| expenses                 |         |         |         |          |          |
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| Research and development |    -521 |    -506 |    -956 |   -1 026 |   -2 009 |
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| Administration expenses  |  -1 448 |  -1 709 |  -3 140 |   -3 182 |   -6 292 |
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| Other operating expenses |     -30 |    -107 |    -130 |     -233 |     -771 |
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| OPERATING PROFIT         |     454 |    -492 |   1 704 |       92 |    1 190 |
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| Interest and other       |    -899 |    -993 |  -1 844 |   -1 964 |   -4 024 |
| financial income and     |         |         |         |          |          |
| expenses                 |         |         |         |          |          |
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| Fair value gains and     |       2 |      27 |       8 |       71 |       97 |
| losses                   |         |         |         |          |          |
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| PROFIT BEFORE INCOME     |    -443 |  -1 458 |    -132 |   -1 801 |   -2 737 |
| TAXES                    |         |         |         |          |          |
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| Income taxes             |     113 |     461 |      33 |      519 |      954 |
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| PROFIT/LOSS FOR THE      |    -330 |    -997 |     -99 |   -1 282 |   -1 783 |
| PERIOD                   |         |         |         |          |          |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Earnings/share, EUR      |   -0.01 |   -0.04 |    0.00 |    -0.05 |    -0.08 |
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KEY FIGURES ON STATEMENT OF INCOME                                              
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|                          |    4-6/ |    4-6/ |    1-6/ |     1-6/ |    1-12/ |
|                          |    2007 |    2006 |    2007 |     2006 |     2006 |
--------------------------------------------------------------------------------
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| Net sales, change, % *   |     7.4 |         |     8.8 |          |          |
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| Gross profit, % **       |     6.0 |     5.4 |     6.8 |      6.2 |      6.5 |
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| Operating profit, % **   |     0.9 |    -1.0 |     1.6 |      0.1 |      0.6 |
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| Financial income and     |    -1.8 |    -2.0 |    -1.7 |     -2.0 |     -1.9 |
| expenses, % **           |         |         |         |          |          |
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| Profit before income     |    -0.9 |    -3.1 |    -0.1 |     -1.9 |     -1.4 |
| taxes, % **              |         |         |         |          |          |
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| Profit for the period, % |    -0.6 |    -2.1 |    -0.1 |     -1.3 |     -0.9 |
| **                       |         |         |         |          |          |
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*  Compared with the corresponding period of the previous year.                 
** As of net sales.                                                             


BALANCE SHEET                                                                   
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| EUR 1 000                               |    6/2007 |    6/2006 |    12/2006 |
--------------------------------------------------------------------------------
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| ASSETS                                  |           |           |            |
--------------------------------------------------------------------------------
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| Non-current assets                      |           |           |            |
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| Goodwill                                |    34 034 |    34 195 |     34 195 |
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| Intangible non-current assets           |       899 |       987 |        944 |
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| Tangible non-current assets             |    74 383 |    80 899 |     77 168 |
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| Available-for-sale financial assets     |       716 |       878 |        766 |
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| Held-to-maturity investments            |       100 |       100 |        100 |
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| Deferred tax assets                     |       881 |     1 129 |        882 |
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| Non-current assets, total               |   111 013 |   118 188 |    114 055 |
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| Current assets                          |           |           |            |
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| Inventories                             |    30 280 |    32 510 |     27 840 |
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| Trade receivables                       |    23 638 |    21 922 |     25 583 |
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| Other current receivables               |     9 716 |     8 216 |      6 240 |
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| Income tax receivables                  |       811 |           |        918 |
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| Cash at bank and in hand                |       857 |       277 |      1 220 |
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| Current assets, total                   |    65 302 |    62 925 |     61 801 |
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| Assets, total                           |   176 315 |   181 113 |    175 856 |
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| SHAREHOLDERS' EQUITY AND LIABILITIES    |           |           |            |
--------------------------------------------------------------------------------
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| Shareholders' equity                    |           |           |            |
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| Share capital                           |    11 860 |    11 860 |     11 860 |
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| Share premium account                   |    24 681 |    24 681 |     24 681 |
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| Fair value and other reserves           |     1 693 |     2 136 |      1 185 |
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| Translation differences                 |       748 |       484 |        738 |
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| Other shareholders' equity              |    16 800 |    18 969 |     18 279 |
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| Shareholders' equity, total             |    55 782 |    58 130 |     56 743 |
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| Liabilities                             |           |           |            |
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| Non-current liabilities                 |           |           |            |
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| Deferred tax liabilities                |     6 273 |     7 682 |      6 768 |
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| Pension liabilities                     |       262 |       180 |        314 |
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| Provisions                              |        85 |       200 |         85 |
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| Capital loans                           |           |     2 000 |      2 000 |
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| Interest-bearing liabilities            |    63 365 |    70 338 |     63 133 |
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| Other non-current liabilities           |        12 |        31 |         13 |
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| Non-current liabilities, total          |    69 997 |    80 431 |     72 313 |
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| Current liabilities                     |           |           |            |
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| Interest-bearing liabilities            |    25 286 |    21 887 |     22 202 |
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| Provisions                              |       115 |       200 |        115 |
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| Capital loans                           |     4 000 |     2 000 |      2 000 |
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| Income tax liabilities                  |       844 |       250 |         67 |
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| Trade payables and other current        |    20 291 |    18 215 |     22 416 |
| liabilities                             |           |           |            |
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| Current liabilities, total              |    50 536 |    42 552 |     46 800 |
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| Liabilities, total                      |   120 533 |   122 983 |    119 113 |
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| Shareholders' equity and liabilities,   |   176 315 |   181 113 |    175 856 |
| total                                   |           |           |            |
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CONSOLIDATED STATEMENT OF RECOGNISED INCOME AND EXPENSE                         
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| EUR 1 000                               |  1-6/2007 |  1-6/2006 |  1-12/2006 |
--------------------------------------------------------------------------------
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| Foreign currency translation difference |           |      -276 |        240 |
| for foreign operations                  |        12 |           |            |
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| Cash flow hedges                        |           |           |            |
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| Hedge result deferred in equity         |       832 |     3 753 |      1 932 |
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| Transferred from equity to statement of |      -213 |    -1 463 |       -711 |
| income                                  |           |           |            |
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| Defined benefit plan actuarial gains    |       -44 |       -36 |        -99 |
| (losses)                                |           |           |            |
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| Income tax on income and expense        |      -149 |      -585 |       -547 |
| recognised directly in equity           |           |           |            |
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| Income and expense recognised directly  |       438 |     1 393 |        815 |
| in equity                               |           |           |            |
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| Profit for the period                   |       -99 |    -1 282 |     -1 783 |
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| Total recognised income and expense for |       339 |       111 |       -968 |
| the period                              |           |           |            |
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According to IAS 1.96 standard the income and expense recognised in equity are  
stated in the consolidated statement of income. The above calculation replaces  
the statement of changes in shareholder's equity.                               


CASH FLOW STATEMENT                                                             
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| EUR 1 000                               |  1-6/2007 |  1-6/2006 |  1-12/2006 |
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| Operations                              |           |           |            |
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| Operating profit                        |     1 704 |        92 |      1 190 |
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| Total adjustments                       |     6 620 |     7 401 |     14 855 |
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| Cash flow before change in working      |     8 324 |     7 493 |     16 045 |
| capital                                 |           |           |            |
--------------------------------------------------------------------------------
| Change in working capital               |    -2 433 |      -982 |      1 978 |
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| Financial items                         |    -2 232 |    -2 381 |     -4 835 |
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| Taxes paid                              |       423 |      -868 |       -605 |
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| Cash flow from operations before        |     4 082 |     3 262 |     12 583 |
| interest-bearing receivables            |           |           |            |
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| Change in interest-bearing receivables  |    -1 658 |      -417 |       -100 |
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| Cash flow from operations               |     2 424 |     2 845 |     12 483 |
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| Investments                             |           |           |            |
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| Investments in tangible and intangible  |    -6 200 |    -1 422 |     -3 135 |
| assets                                  |           |           |            |
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| Proceeds from disposal of fixed assets  |     1 510 |       665 |        666 |
| and other proceeds                      |           |           |            |
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| Cash flow from investing activities     |    -4 689 |      -757 |     -2 469 |
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| Financing                               |           |           |            |
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| Repurchase of own shares                |           |           |       -157 |
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| Non-current loans drawn                 |     6 000 |     5 000 |      5 000 |
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| Repayments of non-current loans         |    -1 101 |    -3 587 |    -10 792 |
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| Capital loans                           |           |    -2 000 |     -2 000 |
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| Dividends paid                          |    -1 419 |           |            |
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| Change in current loans                 |    -1 581 |    -2 329 |     -2 015 |
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| Cash flow from financing                |     1 899 |    -2 916 |     -9 964 |
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| Change in cash and cash equivalents     |      -366 |      -828 |         51 |
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--------------------------------------------------------------------------------
| KEY FIGURES                             |    6/2007 |    6/2006 |    12/2006 |
--------------------------------------------------------------------------------
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| Earnings/share, EUR                     |      0.00 |     -0.05 |      -0.08 |
--------------------------------------------------------------------------------
| Equity/share, EUR                       |      2.36 |      2.45 |       2.40 |
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| Cash flow from operations/share, EUR    |      0.10 |      0.12 |       0.53 |
--------------------------------------------------------------------------------
| Cash flow from operations before        |      0.17 |      0.16 |       0.53 |
| interest-bearing receivables/share, EUR |           |           |            |
--------------------------------------------------------------------------------
| Return on equity (ROE), %               |      -0.4 |      -4.4 |       -3.1 |
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| Return on invested capital (ROI), %     |       2.4 |       0.3 |        0.9 |
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| Equity ratio, %                         |      31.6 |      32.1 |       32.3 |
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| Gearing, %                              |     160.6 |     164.0 |      154.4 |
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| Gross investments, EUR 1 000            |     5 076 |     1 429 |      4 337 |
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| Depreciation and impairment losses, EUR |     7 066 |     7 373 |     14 694 |
| 1 000                                   |           |           |            |
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SEGMENT REPORTING                                                               

WIPES AND NONWOVENS                                                             
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| EUR 1 000                     | 1-6/2007 |  1-6/2006 |  Change % | 1-12/2006 |
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| Net sales                     |          |           |           |           |
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| - Wet Wipes                   |   33 482 |    33 586 |      -0.3 |    69 299 |
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| - Nonwovens                   |   37 020 |    32 203 |      15.0 |    67 296 |
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| - eliminations                |   -3 491 |    -5 815 |           |    -9 687 |
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| Total                         |   67 011 |    59 974 |      11.7 |   126 908 |
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| Operating profit              |     -134 |      -807 |      83.4 |      -149 |
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| % of net sales                |     -0.2 |      -1.3 |           |      -0.1 |
--------------------------------------------------------------------------------
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| Assets                        |  114 472 |   119 939 |           |   116 435 |
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| Liabilities                   |   12 498 |    12 751 |           |    13 943 |
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| Net assets                    |  101 974 |   107 188 |           |   102 492 |
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| Investments                   |    2 359 |       748 |           |     2 150 |
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| Depreciation and impairment   |    4 284 |     4 429 |           |     8 768 |
| losses                        |          |           |           |           |
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| Average personnel             |      471 |       450 |           |       455 |
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FLEXIBLE PACKAGING                                                              
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| EUR 1 000                     | 1-6/2007 |  1-6/2006 |  Change % | 1-12/2006 |
--------------------------------------------------------------------------------
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| Net sales                     |   38 698 |    37 087 |       4.3 |    75 987 |
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| Operating profit              |    2 121 |     1 353 |      56.8 |     1 958 |
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| % of net sales                |      5.5 |       3.7 |           |       2.6 |
--------------------------------------------------------------------------------
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| Assets                        |   56 970 |    55 221 |           |    55 127 |
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| Liabilities                   |    8 646 |     7 723 |           |     8 313 |
--------------------------------------------------------------------------------
| Net assets                    |   48 324 |    47 498 |           |    46 814 |
--------------------------------------------------------------------------------
| Investments                   |    2 716 |       617 |           |     2 122 |
--------------------------------------------------------------------------------
| Depreciation and impairment   |    2 758 |     2 917 |           |     5 873 |
| losses                        |          |           |           |           |
--------------------------------------------------------------------------------
| Average personnel             |      597 |       600 |           |       593 |
--------------------------------------------------------------------------------


CONSOLIDATION ITEMS                                                             
--------------------------------------------------------------------------------
| EUR 1 000                           |   1-6/2007 |    1-6/2006 |   1-12/2006 |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Net sales                           |       -237 |        -103 |        -268 |
--------------------------------------------------------------------------------
| Operating profit                    |       -283 |        -454 |        -619 |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Assets                              |      4 873 |       5 411 |       4 294 |
--------------------------------------------------------------------------------
| Liabilities                         |     99 389 |     102 509 |      96 857 |
--------------------------------------------------------------------------------
| Investments                         |          1 |          64 |          65 |
--------------------------------------------------------------------------------
| Depreciation and impairment losses  |         24 |          27 |          53 |
--------------------------------------------------------------------------------
| Average personnel                   |         11 |          10 |          10 |
--------------------------------------------------------------------------------


NET SALES BY MARKET AREA                                                        
--------------------------------------------------------------------------------
| EUR 1 000                           |   1-6/2007 |    1-6/2006 |   1-12/2006 |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Finland                             |     16 901 |      16 296 |     33 208  |
--------------------------------------------------------------------------------
| Scandinavia                         |     11 100 |      10 688 |     21 539  |
--------------------------------------------------------------------------------
| The Netherlands                     |      9 572 |      12 032 |     40 348  |
--------------------------------------------------------------------------------
| Other Europe                        |     47 968 |      47 329 |      82 421 |
--------------------------------------------------------------------------------
| Other Countries                     |     19 931 |      10 613 |     25 111  |
--------------------------------------------------------------------------------
| Net sales, total                    |    105 472 |      96 958 |    202 627  |
--------------------------------------------------------------------------------


QUARTERLY FIGURES                                                               
--------------------------------------------------------------------------------
| EUR 1 000           | III/2006 |  IV/2006 |   I/2007 |   II/2007 | III/2006- |
|                     |          |          |          |           |   II/2007 |
--------------------------------------------------------------------------------
| NET SALES           |          |          |          |           |           |
--------------------------------------------------------------------------------
| Wipes and Nonwovens |          |          |          |           |           |
--------------------------------------------------------------------------------
| - Wet Wipes         |   17 826 |   17 887 |   17 997 |    15 485 |    69 195 |
--------------------------------------------------------------------------------
| - Nonwovens         |   17 031 |   18 062 |   17 901 |    19 119 |    72 113 |
--------------------------------------------------------------------------------
| - eliminations      |   -2 034 |   -1 838 |   -1 354 |    -2 137 |    -7 363 |
--------------------------------------------------------------------------------
| Total               |   32 823 |   34 111 |   34 544 |    32 467 |   133 945 |
--------------------------------------------------------------------------------
| Flexible Packaging  |   18 768 |   20 132 |   19 865 |    18 833 |    77 598 |
--------------------------------------------------------------------------------
| Consolidation items |     -150 |      -15 |     -110 |      -127 |      -402 |
| and eliminations    |          |          |          |           |           |
--------------------------------------------------------------------------------
| Net sales, total    |   51 441 |   54 228 |   54 299 |    51 173 |   211 141 |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| OPERATING PROFIT    |          |          |          |           |           |
--------------------------------------------------------------------------------
| Wipes and Nonwovens |      -34 |      692 |      587 |      -721 |       524 |
--------------------------------------------------------------------------------
|  % of net sales     |     -0.1 |      2.0 |      1.7 |      -2.2 |       0.4 |
--------------------------------------------------------------------------------
| Flexible Packaging  |      475 |      130 |      952 |     1 169 |     2 726 |
--------------------------------------------------------------------------------
|  % of net sales     |      2.5 |      0.6 |      4.8 |       6.2 |       3.5 |
--------------------------------------------------------------------------------
| Consolidation items |     -124 |      -41 |     -289 |         6 |      -448 |
| and eliminations    |          |          |          |           |           |
--------------------------------------------------------------------------------
| Operating profit,   |      317 |      781 |    1 250 |       454 |     2 802 |
| total               |          |          |          |           |           |
--------------------------------------------------------------------------------
|  % of net sales     |      0.6 |      1.4 |      2.3 |       0.9 |       1.3 |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| NET FINANCIAL       |     -969 |   -1 065 |     -939 |      -897 |    -3 870 |
| EXPENSES            |          |          |          |           |           |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| PROFIT BEFORE       |     -652 |     -284 |      311 |      -443 |    -1 068 |
| INCOME TAXES        |          |          |          |           |           |
--------------------------------------------------------------------------------


TAXES FOR THE PERIOD UNDER REVIEW                                               

Taxes for the period under review are calculated on the basis of the Group's tax
rate for the whole year, which is estimated to be 25 per cent in 2007. Taxes for
the corresponding period in 2006 were 29 per cent on loss before taxes due to   
split of the taxable income between countries.                                  


INFORMATION ON RELATED PARTIES                                                  

Suominen has related party relationships with the members of the Board of       
Directors, and the President and CEO of the Parent Company and the members of   
the Corporate Executive Team. The Company has no investments in associated      
companies. Salaries paid to the related parties amounted to EUR 496 thousand.   


MOVEMENTS IN BORROWINGS                                                         
--------------------------------------------------------------------------------
| 1 000 e                                             |  1-6/2007 |   1-6/2006 |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Total borrowings on 1 January                       |    89 335 |     99 142 |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Current loans from financial institutions on 1      |     8 000 |            |
| January                                             |           |            |
--------------------------------------------------------------------------------
| Change in current loans from financial institutions |    -8 000 |            |
--------------------------------------------------------------------------------
| Current loans from financial institutions on 30     |         0 |            |
| June                                                |           |            |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Commercial papers on 1 January                      |     5 402 |     15 417 |
--------------------------------------------------------------------------------
| Change in commercial papers                         |     6 418 |     -2 330 |
--------------------------------------------------------------------------------
| Commercial papers on 30 June                        |    11 820 |     13 087 |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Non-current loans on 1 January                      |    71 933 |     77 725 |
--------------------------------------------------------------------------------
| Change in non-current loans                         |     4 898 |      1 413 |
--------------------------------------------------------------------------------
| Non-current loans on 30 June                        |    76 831 |     79 138 |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Capital loans on 1 January                          |     4 000 |      6 000 |
--------------------------------------------------------------------------------
| Change in capital loans                             |           |     -2 000 |
--------------------------------------------------------------------------------
| Capital loans on 30 June                            |     4 000 |      4 000 |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Total borrowings on 30 June                         |    92 651 |     96 225 |
--------------------------------------------------------------------------------



CHANGES IN FIXED ASSETS                                                         
--------------------------------------------------------------------------------
| EUR 1 000        | 1-6/200 |        | 1-6/200 |         | 1-12/200 |         |
|                  |       7 |        |       6 |         |        6 |         |
--------------------------------------------------------------------------------
|                  | Tangible| Intan- |Tangible |  Intan- | Tangible |  Intan- |
|                  |         |  gible |         |   gible |          |   gible |
--------------------------------------------------------------------------------
| Book value at    |  77 168 |    944 |  88 129 |   1 022 |   88 129 |   1 022 |
| the beginning of |         |        |         |         |          |         |
| the period       |         |        |         |         |          |         |
--------------------------------------------------------------------------------
| Investments      |   5 040 |     36 |   1 270 |      58 |    4 108 |     129 |
--------------------------------------------------------------------------------
| Decreases        |    -906 |    -16 |    -672 |     -10 |     -672 |         |
--------------------------------------------------------------------------------
| Depreciation and |  -6 964 |   -102 |  -7 275 |     -98 |  -14 505 |    -189 |
| impairments      |         |        |         |         |          |         |
--------------------------------------------------------------------------------
| Translation      |      45 |     37 |    -553 |      15 |      108 |     -18 |
| differences and  |         |        |         |         |          |         |
| other changes    |         |        |         |         |          |         |
--------------------------------------------------------------------------------
| Book value at    |  74 383 |    899 |  80 899 |     987 |   77 168 |     944 |
| the end of the   |         |        |         |         |          |         |
| period           |         |        |         |         |          |         |
--------------------------------------------------------------------------------


CONTINGENT LIABILITIES                                                          
--------------------------------------------------------------------------------
| EUR 1 000                           |     6/2007 |      6/2006 |     12/2006 |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| FOR OWN DEBT                        |            |             |             |
--------------------------------------------------------------------------------
| Real estate mortgages               |      5 046 |       5 046 |       5 046 |
--------------------------------------------------------------------------------
| Corporate mortgages                 |      1 177 |       1 177 |       1 177 |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| OTHER OWN COMMITMENTS               |            |             |             |
--------------------------------------------------------------------------------
| Leasing payments and commitments    |      8 372 |       2 172 |       8 555 |
--------------------------------------------------------------------------------
| Rent commitments                    |     14 397 |      11 892 |      15 767 |
--------------------------------------------------------------------------------
| Guarantee commitment for financial  |      1 600 |       1 682 |       1 642 |
| lease of discontinued operations    |            |             |             |
--------------------------------------------------------------------------------


NOMINAL AND FAIR VALUES OF DERIVATIVE FINANCIAL INSTRUMENTS                     
--------------------------------------------------------------------------------
| EUR 1 000                           |     6/2007 |      6/2006 |     12/2006 |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| CURRENCY DERIVATIVES                |            |             |             |
--------------------------------------------------------------------------------
| Nominal value                       |      9 584 |      11 631 |       9 750 |
--------------------------------------------------------------------------------
| Fair value                          |        -15 |         -68 |          -5 |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| INTEREST RATE DERIVATIVES           |            |             |             |
--------------------------------------------------------------------------------
| Nominal value                       |     66 334 |      67 500 |      60 633 |
--------------------------------------------------------------------------------
| Fair value                          |      1 505 |         938 |       1 075 |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| ELECTRICITY DERIVATIVES             |            |             |             |
--------------------------------------------------------------------------------
| Nominal value                       |      5 239 |       6 094 |       5 638 |
--------------------------------------------------------------------------------
| Fair value                          |        950 |       2 154 |         791 |
--------------------------------------------------------------------------------




Helsinki, 23 July 2007                                                          

SUOMINEN CORPORATION                                                            

Board of Directors                                                              


Additional information:                                                         
Mr. Kalle Tanhuanpää, President and CEO, tel. +358 (0)10 214 300.
interim-2007-07-23.pdf

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