Suominen Corporation Interim Report 1 January - 30 June 2008

SUOMINEN CORPORATION      INTERIM REPORT 18 JULY 2008 AT 8.30 A.M.      


INTERIM REPORT 1 JANUARY - 30 JUNE 2008                                         


COSTS PRESSURE CONTINUED                                                        


--------------------------------------------------------------------------------
| KEY FIGURES         | 4-6/2008 | 4-6/2007 | 1-6/2008 |  1-6/2007 | 1-12/2007 |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Net sales, EUR      |     55.2 |     51.2 |    109.6 |     105.5 |     215.2 |
| million             |          |          |          |           |           |
--------------------------------------------------------------------------------
| Operating profit    |      0.6 |      0.5 |      0.5 |       1.7 |       1.7 |
| before goodwill     |          |          |          |           |           |
| amortisation, EUR   |          |          |          |           |           |
| million             |          |          |          |           |           |
--------------------------------------------------------------------------------
| Operating profit,   |      0.6 |      0.5 |      0.5 |       1.7 |      -6.8 |
| EUR million         |          |          |          |           |           |
--------------------------------------------------------------------------------
| Profit/loss for the |     -0.4 |     -0.3 |     -1.3 |      -0.1 |     -10.1 |
| period, EUR million |          |          |          |           |           |
--------------------------------------------------------------------------------
| Earnings/share, EUR |    -0.02 |    -0.01 |    -0.06 |      0.00 |     -0.43 |
--------------------------------------------------------------------------------
| Cash flow from      |    -0.01 |     0.15 |     0.13 |      0.10 |      0.12 |
| operations/share,   |          |          |          |           |           |
| EUR                 |          |          |          |           |           |
--------------------------------------------------------------------------------


Outlook: No major changes are anticipated in the level of Suominen's net sales. 
Underlying operating profit is expected to be on the level of the previous year.
Net profit is expected to be on loss.                                           


GROUP FINANCIAL RESULTS                                                         

Suominen Corporation's net sales for the second quarter totalled EUR 55.2       
million (51.2). Operating profit was EUR 0.6 million (0.5), profit before taxes 
EUR -0.6 million (-0.4) and profit after taxes EUR -0.4 million (-0.3).         

Net sales for the first two quarters totalled EUR 109.6 million (105.5).        
Operating profit was EUR 0.5 million (1.7), profit before taxes EUR -1.8 million
(-0.1) and profit after taxes EUR -1.3 million (-0.1).                          

Raw material prices levelled off temporarily during the spring, however, quoted 
prices for supplies for the summer period are back to higher levels. The rise in
raw material prices, the delay in transferring these increases over to sales    
prices, and price reductions based on contracts reduced the value added margin  
by some EUR 2 million. Energy and payroll costs increased by some EUR 1.5       
million compared to six months of 2007. The Company's cost-saving programme has 
generated some EUR 2.5 million since the previous year.                         


Cost-saving and operational enhancement programme                               

Suominen´s Stairs to Top programme extending over a number of years under way   
covers both operational development and continuous improvement, as well an      
updated customer offering.                                                      

During the period under review, the programme brought a total of EUR 2.5 million
in cost savings through improved efficiency. In addition, progress was made in  
sales and product offering programmes. Efficiency-enhancement measures continued
to focus on cost savings.                                                       


Financing                                                                       

Interest-bearing liabilities totalled EUR 97.6 million including capital loans  
of EUR 10 million. Net repayments of liabilities were EUR 2.0 million. Net      
financial expenses were EUR 2.3 million (1.8) or 2.1 per cent (1.7) of net      
sales. A total of EUR 1.2 million was tied up in working capital due to increase
in inventories for the summer period. The equity ratio was 27.6 per cent (31.6).
When the capital loans are included in shareholders' equity, the equity ratio   
was 33.5 per cent (33.9) and the ratio of liabilities to shareholders' equity   
152.7 per cent (143.2). Cash flow from operations was EUR 0.13 per share (0.10).


Investments                                                                     

The Company's gross investments in production totalled EUR 2.0 million (5.1).   
Planned depreciation amounted to EUR 6.5 million (7.1). Wet Wipes accounted for 
EUR 0.3 million (1.6), Nonwovens EUR 0.6 million (0.8) and Flexible Packaging   
EUR 1.1 million (2.7) of total investments. Investments were replacement and    
maintenance investments.                                                        


SEGMENT RESULTS                                                                 

During the period under review, net sales of the Wipes and Nonwovens business   
area totalled EUR 72.0 million, an increase of 8 per cent on the corresponding  
period in 2007. The business area's operating profit totalled EUR 0.2 million   
(-0.1).                                                                         

Net sales of Wet Wipes totalled EUR 35.9 million, an increase of 7 per cent on  
the previous year. Delivery volumes grew, and strong growth was seen in personal
care wipes in particular. Average sales prices fell as expected, mainly due to  
long-term contracts. Development in sales to new customers and sales of         
Suominen's own product applications was slow.                                   

The revision of production recipes launched in the business unit at the         
beginning of the second quarter enabled a shift to less expensive raw materials 
for some products, which has slightly improved the margins for sales. The stock 
of finished products was increased for the summer period. The positive          
development of operational efficiency and cost-saving measures continued, the   
impact on performance being mainly attributable to cost-savings. The demand     
structure for products did not allow any increase in the use of automatic lines 
in production, and yield increased slower than expected.                        

Net sales of Nonwovens increased by 13 per cent to EUR 41.7 million. Deliveries 
of thermobonded material for hygiene products increased clearly. In             
hydroentangled nonwovens, the focus of sales shifted to Europe. There was a     
clear increase in internal deliveries. The second quarter brought some increases
in sales prices.                                                                

In raw materials, the price increase of viscose took a downturn and the rise in 
plastic prices also slowed. The high price of raw materials nevertheless eroded 
the business unit's margins. Implementation of the operational enhancement      
programme was continued, and the decision was taken to discontinue the          
unprofitable production of pulp-based nonwoven for wipes.                       

Net sales of Flexible Packaging totalled EUR 37.9 million (38.7) and operating  
profit EUR 0.7 million (2.1). Net sales and sales volumes decreased slightly    
from the previous year due to the decrease in hygiene packaging. The demand for 
carrier bags recovered after the first quarter. Deliveries of food packaging    
were on the level of the previous year. Sales development of labels and security
and system packaging remained positive.                                         

Raw material prices saw a downturn in the spring, but resumed their upward trend
by early summer. It was not possible to pass on all the increases in raw        
material prices to sales prices. Production at the Polish plant increased by 20 
per cent thanks to the investment in the printing machine made in 2007. The     
stock of finished products was increased in anticipation of lower production    
volumes during the summer period. Employee negotiations were concluded in the   
business area, and will result in a personnel reduction of some 50 people at the
Finnish plants during the autumn.                                               


CHANGES IN GROUP ORGANISATION AND MANAGEMENT                                    

Mr. Petri Rolig was appointed President and CEO of the Company as of 1 May 2008.
Mr. Mikko Pellinen was nominated Vice President and General Manager of the      
Flexible Packaging business area. He will join Suominen on 1 November 2008 at   
the latest.                                                                     

The Corporate Executive Team comprises, the President and CEO, and the Vice     
Presidents and General Managers of the Wipes and Nonwovens, and Flexible        
Packaging businesses, and the Vice President and CFO.                           


SHARE CAPITAL AND SHARES                                                        

Share trading and price                                                         

The number of Suominen Corporation's shares traded on the OMX Nordic Exchange in
Helsinki from 1 January to 30 June 2008 was 1,114,500 shares or 4.7 per cent of 
the shares included in the Company's share capital. The trading price varied    
from EUR 1.47 to EUR 2.25. The final trading price was EUR 1.47, giving the     
Company a market capitalisation of EUR 34.9 million on 30 June 2008.            


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.                                                                         


The Company's own shares                                                        

On 1 January 2008, the Company held 36,343 of its own shares, with an           
acquisition value of EUR 3.19 per share.                                        

The Annual General Meeting of Shareholders held on 27 March 2008 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 OMX   
Nordic Exchange in Helsinki 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 1,222,000 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 31,286 of its own shares as   
emoluments to the Board of Directors in the period under review. The price of   
the conveyed shares was EUR 1.63 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 2008, Suominen          
Corporation held a total of 5,057 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. According to the 
2006C stock option plan a total of 100,000 stock options has been issued in the 
period under review. The share subscription price for the stock options is the  
trade volume-weighted average price of the Company share on the OMX Nordic      
Exchange in Helsinki in May 2008 or EUR 1.66. The subscription period for the   
2006C stock options is from 2 May 2010 to 30 October 2011.                      

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. During the period
under review, a total of 35,000 stock options has been issued according to the  
2007A stock option plan, and a total of 60,000 stock options according to the   
2007B stock option plan. The share subscription price for the 2007A stock       
options is the trade volume-weighted average price of the Company share on the  
OMX Nordic Exchange in Helsinki in May 2007 or EUR 3.44. The share subscription 
price for the 2007B stock options is the trade volume-weighted average price of 
the Company share on the OMX Nordic Exchange in Helsinki in May 2008 or EUR     
1.66. The subscription period for the 2007A stock options is from 2 May 2009 to 
30 October 2010, and for the 2007B stock options from 2 May 2010 to 30 October  
2011.                                                                           

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.                                                   


OUTLOOK                                                                         

Consumption of the main products produced by Suominen is expected to grow faster
than general consumption on the Company's geographical markets.                 

The focus of Suominen's operations is on securing improvement in profitability, 
cash flow and capital structure. The ongoing cost-saving and                    
efficiency-enhancement programme is expected to improve Suominen's              
competitiveness. The prices of main raw materials continued to rise during the  
first half of the year, and the rise is expected to continue. Also energy prices
are expected to remain high. Actions are underway in Group's units to increase  
sales prices to reflect expected rises in costs.                                

Previously, the guidance concerning outlook for the current year was that       
Suominen's underlying operating profit is expected to improve on the previous   
year, and accelerating towards the end of the year.                             

Present general expectations indicate substantial increases in raw material     
prices affecting the underlying operating profit to be on the level of the      
previous year. Whole year result is expected to be negative. No major changes   
are anticipated in the level of net sales.                                      


NEAR-FUTURE UNCERTAINTIES                                                       

The estimate concerning the development of Suominen's net sales is based in part
on forecasts and action plans provided by the Group's customers. Changes in     
these forecasts and plans resulting from changes in the market situation or     
changes in customers' inventory levels could affect Suominen's margins.         

Nonwovens and Flexible Packaging purchase oil-based raw materials to the value  
of some EUR 45 million annually. In addition, significant amounts of viscose,   
printing inks, and solvents are also purchased. Rapid fluctuations in the world 
market prices of raw materials affect Suominen's margins.                       

Suominen's cost-saving and operational enhancement efforts are focused on areas 
such as improving yield, increasing machine speeds, and reducing changeover     
time. The benefits of these efforts will be most evident if production volumes  
will not decline from current levels. Delays in the implementation of measures  
or their failure would have a negative impact on the Company's result.          

The sensitivity of Suominen's group goodwill, and possible changes in the       
general assumptions are described in the notes to the financial statements for  
2007. Suominen's business risks are described in the report of the Board of     
Directors for 2007.                                                             


SUOMINEN CORPORATION CONSOLIDATED 1 JANUARY - 30 JUNE 2008                      

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 2007, and this interim    
report should be read parallel to the financial statements for 2007. Amendments 
to and interpretations of published accounting standards and new accounting     
standards that came into effect on 1 January 2008 are presented in the financial
statements for 2007. The Company 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, on which the standard will enter into force on
1 January 2009.                                                                 

The figures in this interim report have not been audited.                       


STATEMENT OF INCOME                                                             
--------------------------------------------------------------------------------
| EUR 1 000                |    4-6/ |    4-6/ |    1-6/ |     1-6/ |    1-12/ |
|                          |    2008 |    2007 |    2008 |     2007 |     2007 |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| NET SALES                |  55 168 |  51 173 | 109 630 |  105 472 |  215 245 |
--------------------------------------------------------------------------------
| Cost of goods sold       | -51 762 | -48 098 | -103 485|  -98 350 | -202 738 |
|                          |         |         |         |          |          |
--------------------------------------------------------------------------------
| GROSS PROFIT             |   3 406 |   3 075 |   6 145 |    7 122 |   12 507 |
--------------------------------------------------------------------------------
| Other operating income   |     341 |     345 |     510 |      820 |    1 438 |
--------------------------------------------------------------------------------
| Sales and marketing      |    -797 |    -967 |  -1 635 |   -2 012 |   -3 643 |
| expenses                 |         |         |         |          |          |
--------------------------------------------------------------------------------
| Research and development |    -523 |    -521 |  -1 062 |     -956 |   -2 121 |
--------------------------------------------------------------------------------
| Administration expenses  |  -1 821 |  -1 448 |  -3 446 |   -3 140 |   -6 300 |
--------------------------------------------------------------------------------
| Other operating expenses |      12 |     -30 |     -19 |     -130 |     -228 |
--------------------------------------------------------------------------------
| OPERATING PROFIT BEFORE  |     618 |     454 |     493 |    1 704 |    1 653 |
| GOODWILL AMORTISATION    |         |         |         |          |          |
--------------------------------------------------------------------------------
| Goodwill amortisation    |         |         |         |          |   -8 430 |
--------------------------------------------------------------------------------
| OPERATING PROFIT         |     618 |     454 |     493 |    1 704 |   -6 777 |
--------------------------------------------------------------------------------
| Interest and other       |  -1 200 |    -899 |  -2 284 |   -1 844 |   -3 922 |
| financial income and     |         |         |         |          |          |
| expenses                 |         |         |         |          |          |
--------------------------------------------------------------------------------
| Fair value gains and     |         |       2 |         |        8 |        4 |
| losses                   |         |         |         |          |          |
--------------------------------------------------------------------------------
| PROFIT BEFORE INCOME     |    -582 |    -443 |  -1 791 |     -132 |  -10 695 |
| TAXES                    |         |         |         |          |          |
--------------------------------------------------------------------------------
| Income taxes             |     155 |     113 |     464 |       33 |      564 |
--------------------------------------------------------------------------------
| PROFIT/LOSS FOR THE      |    -427 |    -330 |  -1 327 |      -99 |  -10 131 |
| PERIOD                   |         |         |         |          |          |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Earnings/share, EUR      |   -0.02 |   -0,01 |   -0.06 |     0.00 |    -0.43 |
--------------------------------------------------------------------------------


KEY FIGURES ON STATEMENT OF INCOME                                              
--------------------------------------------------------------------------------
|                          |    4-6/ |    4-6/ |    1-6/ |     1-6/ |    1-12/ |
|                          |    2008 |    2007 |    2008 |     2007 |     2007 |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Net sales, change, % *   |     7.8 |         |     3.9 |          |          |
--------------------------------------------------------------------------------
| Gross profit, % **       |     6.2 |     6.0 |     5.6 |      6.8 |      5.8 |
--------------------------------------------------------------------------------
| Operating profit, % **   |     1.1 |     0.9 |     0.4 |      1.6 |     -3.1 |
--------------------------------------------------------------------------------
| Financial income and     |    -2.2 |    -1.8 |    -2.1 |     -1.7 |     -1.8 |
| expenses, % **           |         |         |         |          |          |
--------------------------------------------------------------------------------
| Profit before income     |    -1.1 |    -0.9 |    -1.6 |     -0.1 |     -5.0 |
| taxes, % **              |         |         |         |          |          |
--------------------------------------------------------------------------------
| Profit for the period, % |    -0.8 |    -0.6 |    -1.2 |     -0.1 |     -4.7 |
| **                       |         |         |         |          |          |
--------------------------------------------------------------------------------

*  Compared with the corresponding period of the previous year.                 
** As of net sales.                                                             


BALANCE SHEET                                                                   
--------------------------------------------------------------------------------
| EUR 1 000                               |    6/2008 |    6/2007 |    12/2007 |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| ASSETS                                  |           |           |            |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Non-current assets                      |           |           |            |
--------------------------------------------------------------------------------
| Goodwill                                |    25 604 |    34 034 |     25 604 |
--------------------------------------------------------------------------------
| Intangible non-current assets           |       948 |       899 |        942 |
--------------------------------------------------------------------------------
| Tangible non-current assets             |    70 470 |    74 383 |     74 083 |
--------------------------------------------------------------------------------
| Available-for-sale financial assets     |       712 |       716 |        712 |
--------------------------------------------------------------------------------
| Held-to-maturity investments            |       100 |       100 |        100 |
--------------------------------------------------------------------------------
| Deferred tax assets                     |       480 |       881 |        688 |
--------------------------------------------------------------------------------
| Non-current assets, total               |    98 314 |   111 013 |    102 129 |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Current assets                          |           |           |            |
--------------------------------------------------------------------------------
| Inventories                             |    32 906 |    30 280 |     30 765 |
--------------------------------------------------------------------------------
| Trade receivables                       |    28 368 |    23 638 |     28 718 |
--------------------------------------------------------------------------------
| Other current receivables               |     7 166 |     9 716 |      8 873 |
--------------------------------------------------------------------------------
| Income tax receivables                  |       579 |       811 |        841 |
--------------------------------------------------------------------------------
| Cash at bank and in hand                |       585 |       857 |      1 094 |
--------------------------------------------------------------------------------
| Current assets, total                   |    69 604 |    65 302 |     70 291 |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Assets, total                           |   167 918 |   176 315 |    172 420 |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| SHAREHOLDERS' EQUITY AND LIABILITIES    |           |           |            |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Shareholders' equity                    |           |           |            |
--------------------------------------------------------------------------------
| Share capital                           |    11 860 |    11 860 |     11 860 |
--------------------------------------------------------------------------------
| Share premium account                   |    24 681 |    24 681 |     24 681 |
--------------------------------------------------------------------------------
| Fair value and other reserves           |     2 571 |     1 693 |      1 661 |
--------------------------------------------------------------------------------
| Translation differences                 |     1 675 |       748 |      1 202 |
--------------------------------------------------------------------------------
| Other shareholders' equity              |     5 526 |    16 798 |      6 903 |
--------------------------------------------------------------------------------
| Shareholders' equity, total             |    46 313 |    55 780 |     46 307 |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Liabilities                             |           |           |            |
--------------------------------------------------------------------------------
| Non-current liabilities                 |           |           |            |
--------------------------------------------------------------------------------
| Deferred tax liabilities                |     5 703 |     6 273 |      5 848 |
--------------------------------------------------------------------------------
| Pension liabilities                     |           |       262 |            |
--------------------------------------------------------------------------------
| Provisions                              |           |        85 |            |
--------------------------------------------------------------------------------
| Capital loans                           |     8 000 |           |            |
--------------------------------------------------------------------------------
| Interest-bearing liabilities            |    43 450 |    63 365 |     62 186 |
--------------------------------------------------------------------------------
| Other non-current liabilities           |           |        12 |            |
--------------------------------------------------------------------------------
| Non-current liabilities, total          |    57 153 |    69 997 |     68 034 |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Current liabilities                     |           |           |            |
--------------------------------------------------------------------------------
| Interest-bearing liabilities            |    44 117 |    25 286 |     34 933 |
--------------------------------------------------------------------------------
| Provisions                              |        50 |       115 |        100 |
--------------------------------------------------------------------------------
| Capital loans                           |     2 000 |     4 000 |      2 000 |
--------------------------------------------------------------------------------
| Income tax liabilities                  |       250 |       846 |            |
--------------------------------------------------------------------------------
| Trade payables and other current        |    18 035 |    20 291 |     21 046 |
| liabilities                             |           |           |            |
--------------------------------------------------------------------------------
| Current liabilities, total              |    64 452 |    50 538 |     58 079 |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Liabilities, total                      |   121 605 |   120 535 |    126 113 |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Shareholders' equity and liabilities,   |   167 918 |   176 315 |    172 420 |
| total                                   |           |           |            |
--------------------------------------------------------------------------------



STATEMENT OF CHANGES IN SHAREHOLDERS' EQUITY                                    

--------------------------------------------------------------------------------
| EUR 1000 |  Share | Share |   Own | Trans |  Fair | Actuar-|    Re- |  Total |
|          | capital| premi |shares |lation | value |    ial | tained |        |
|          |        |    um |       |differ-|   re- |  gains |  earn- |        |
|          |        | accou |       | ences |serves |    and |   ings |        |
|          |        |    nt |       |       |       | losses |        |        |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Total    | 11 860 | 24 681|  -115 | 1 202 | 1 776 |      0 |  6 903 | 46 307 |
| equity   |        |       |       |       |       |        |        |        |
| at 1     |        |       |       |       |       |        |        |        |
| Jan.     |        |       |       |       |       |        |        |        |
| 2008     |        |       |       |       |       |        |        |        |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Cash     |        |       |       |       | 1 096 |        |        |  1 096 |
| flow     |        |       |       |       |       |        |        |        |
| hedges   |        |       |       |       |       |        |        |        |
--------------------------------------------------------------------------------
| Translat |        |       |       |   528 |       |        |        |    528 |
| ion      |        |       |       |       |       |        |        |        |
| differen |        |       |       |       |       |        |        |        |
| ces      |        |       |       |       |       |        |        |        |
--------------------------------------------------------------------------------
| Deferred |        |       |       |   -55 |  -285 |        |        |   -340 |
| taxes    |        |       |       |       |       |        |        |        |
--------------------------------------------------------------------------------
| Share-ba |        |       |       |       |       |        |     67 |     67 |
| sed      |        |       |       |       |       |        |        |        |
| payments |        |       |       |       |       |        |        |        |
--------------------------------------------------------------------------------
| Other    |        |       |       |       |       |        |    -69 |    -69 |
| changes  |        |       |       |       |       |        |        |        |
--------------------------------------------------------------------------------
| Net      |        |       |     0 |   473 |   811 |        |     -2 |  1 282 |
| income   |        |       |       |       |       |        |        |        |
| recognis |        |       |       |       |       |        |        |        |
| ed       |        |       |       |       |       |        |        |        |
| directly |        |       |       |       |       |        |        |        |
| in       |        |       |       |       |       |        |        |        |
| equity   |        |       |       |       |       |        |        |        |
--------------------------------------------------------------------------------
| Net      |        |       |       |       |       |        | -1 327 | -1 327 |
| income   |        |       |       |       |       |        |        |        |
| for the  |        |       |       |       |       |        |        |        |
| period   |        |       |       |       |       |        |        |        |
--------------------------------------------------------------------------------
| Total    |      0 |     0 |     0 |   473 |   811 |      0 | -1 329 |   - 45 |
| recognis |        |       |       |       |       |        |        |        |
| ed       |        |       |       |       |       |        |        |        |
| income   |        |       |       |       |       |        |        |        |
| and      |        |       |       |       |       |        |        |        |
| expense  |        |       |       |       |       |        |        |        |
| for the  |        |       |       |       |       |        |        |        |
| period   |        |       |       |       |       |        |        |        |
--------------------------------------------------------------------------------
| Business |        |       |       |       |       |        |        |        |
| transac- |        |       |       |       |       |        |        |        |
| tions    |        |       |       |       |       |        |        |        |
| with     |        |       |       |       |       |        |        |        |
| sharehol |        |       |       |       |       |        |        |        |
| d-ers    |        |       |       |       |       |        |        |        |
--------------------------------------------------------------------------------
| Conveyan |        |       |    99 |       |       |        |    -48 |     51 |
| ce of    |        |       |       |       |       |        |        |        |
| own      |        |       |       |       |       |        |        |        |
| shares   |        |       |       |       |       |        |        |        |
--------------------------------------------------------------------------------
| Total    | 11 860 |24 681 |   -16 | 1 675 | 2 587 |      0 |  5 526 | 46 313 |
| equity   |        |       |       |       |       |        |        |        |
| at 30    |        |       |       |       |       |        |        |        |
| June     |        |       |       |       |       |        |        |        |
| 2008     |        |       |       |       |       |        |        |        |
--------------------------------------------------------------------------------



--------------------------------------------------------------------------------
| EUR 1 000| Share | Share |   Own | Trans |   Fair | Actuar | Re-tai |  Total |
|          | capit | premi | shares|lation |  value |   -ial |    ned |        |
|          |    al |    um |       |differ-| re-ser |  gains | earn-i |        |
|          |       | accou |       | ences |    ves |    and |    ngs |        |
|          |       |    nt |       |       |        | losses |        |       
| 
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Total    |11 860 |24 681 |  -163 |   738 |  1 348 |  1 372 | 16 907 | 56 743 |
| equity   |       |       |       |       |        |        |        |        |
| at 1     |       |       |       |       |        |        |        |        |
| Jan.     |       |       |       |       |        |        |        |        |
| 2007     |       |       |       |       |        |        |        |        |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Cash     |       |       |       |       |    619 |        |        |    619 |
| flow     |       |       |       |       |        |        |        |        |
| hedges   |       |       |       |       |        |        |        |        |
--------------------------------------------------------------------------------
| Translat |       |       |       |    12 |        |        |        |     12 |
| ion      |       |       |       |       |        |        |        |        |
| differen |       |       |       |       |        |        |        |        |
| ces      |       |       |       |       |        |        |        |        |
--------------------------------------------------------------------------------
| Deferred |       |       |       |    -2 |   -158 |     10 |        |   -150 |
| taxes    |       |       |       |       |        |        |        |        |
--------------------------------------------------------------------------------
| Share-ba |       |       |       |       |        |        |     25 |     25 |
| sed      |       |       |       |       |        |        |        |        |
| payments |       |       |       |       |        |        |        |        |
--------------------------------------------------------------------------------
| Actuaria |       |       |       |       |        |    -44 |        |    -44 |
| l gains  |       |       |       |       |        |        |        |        |
| and      |       |       |       |       |        |        |        |        |
| losses   |       |       |       |       |        |        |        |        |
--------------------------------------------------------------------------------
| Other    |       |       |       |       |        |        |     44 |     44 |
| changes  |       |       |       |       |        |        |        |        |
--------------------------------------------------------------------------------
| Net      |       |       |       |    10 |    461 |    -34 |     69 |    506 |
| income   |       |       |       |       |        |        |        |        |
| recognis |       |       |       |       |        |        |        |        |
| ed       |       |       |       |       |        |        |        |        |
| directly |       |       |       |       |        |        |        |        |
| in       |       |       |       |       |        |        |        |        |
| equity   |       |       |       |       |        |        |        |        |
--------------------------------------------------------------------------------
| Net      |       |       |       |       |        |        |    -99 |    -99 |
| income   |       |       |       |       |        |        |        |        |
| for the  |       |       |       |       |        |        |        |        |
| period   |       |       |       |       |        |        |        |        |
--------------------------------------------------------------------------------
| Total    |     0 |     0 |     0 |    10 |    461 |    -34 |    -30 |    407 |
| recognis |       |       |       |       |        |        |        |        |
| ed       |       |       |       |       |        |        |        |        |
| income   |       |       |       |       |        |        |        |        |
| and      |       |       |       |       |        |        |        |        |
| expense  |       |       |       |       |        |        |        |        |
| for the  |       |       |       |       |        |        |        |        |
| period   |       |       |       |       |        |        |        |        |
--------------------------------------------------------------------------------
| Business |       |       |       |       |        |        |        |        |
| transac- |       |       |       |       |        |        |        |        |
| tions    |       |       |       |       |        |        |        |        |
| with     |       |       |       |       |        |        |        |        |
| sharehol |       |       |       |       |        |        |        |        |
| d-ers    |       |       |       |       |        |        |        |        |
--------------------------------------------------------------------------------
| Dividend |       |       |       |       |        |        | -1 420 | -1 420 |
--------------------------------------------------------------------------------
| Conveyan |       |       |    47 |       |        |        |      3 |     50 |
| ce of    |       |       |       |       |        |        |        |        |
| own      |       |       |       |       |        |        |        |        |
| shares   |       |       |       |       |        |        |        |        |
--------------------------------------------------------------------------------
| Total    |11 860 |24 681 |  -116 |   748 |  1 809 |  1 338 | 15 460 | 55 780 |
| equity   |       |       |       |       |        |        |        |        |
| at 30    |       |       |       |       |        |        |        |        |
| June     |       |       |       |       |        |        |        |        |
| 2007     |       |       |       |       |        |        |        |        |
--------------------------------------------------------------------------------



CASH FLOW STATEMENT                                                             
--------------------------------------------------------------------------------
| EUR 1 000                               |  1-6/2008 |  1-6/2007 |  1-12/2007 |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Operations                              |           |           |            |
--------------------------------------------------------------------------------
| Operating profit                        |       493 |     1 704 |     -6 777 |
--------------------------------------------------------------------------------
| Total adjustments                       |     6 443 |     6 620 |     21 430 |
--------------------------------------------------------------------------------
| Cash flow before change in working      |     6 936 |     8 324 |     14 653 |
| capital                                 |           |           |            |
--------------------------------------------------------------------------------
| Change in working capital               |    -1 222 |    -2 433 |     -7 256 |
--------------------------------------------------------------------------------
| Financial items                         |    -2 036 |    -2 232 |     -3 852 |
--------------------------------------------------------------------------------
| Taxes paid                              |       -89 |       423 |       -791 |
--------------------------------------------------------------------------------
| Cash flow from operations before        |     3 589 |     4 082 |      2 754 |
| interest-bearing receivables            |           |           |            |
--------------------------------------------------------------------------------
| Change in interest-bearing receivables  |      -449 |    -1 658 |         -5 |
--------------------------------------------------------------------------------
| Cash flow from operations               |     3 139 |     2 424 |      2 749 |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Investments                             |           |           |            |
--------------------------------------------------------------------------------
| Investments in tangible and intangible  |    -2 849 |    -6 200 |    -12 898 |
| assets                                  |           |           |            |
--------------------------------------------------------------------------------
| Proceeds from disposal of fixed assets  |       683 |     1 511 |      1 634 |
| and other proceeds                      |           |           |            |
--------------------------------------------------------------------------------
| Cash flow from investing activities     |    -2 167 |    -4 689 |    -11 264 |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Financing                               |           |           |            |
--------------------------------------------------------------------------------
| Non-current loans drawn                 |           |     6 000 |     18 371 |
--------------------------------------------------------------------------------
| Repayments of non-current loans         |    -6 636 |    -1 102 |    -12 042 |
--------------------------------------------------------------------------------
| Capital loans                           |     8 000 |           |     -2 000 |
--------------------------------------------------------------------------------
| Foreign exchange profit or loss         |       517 |           |        522 |
--------------------------------------------------------------------------------
| Dividends paid                          |           |    -1 420 |     -1 420 |
--------------------------------------------------------------------------------
| Change in current loans                 |    -3 434 |    -1 582 |      4 934 |
--------------------------------------------------------------------------------
| Cash flow from financing                |    -1 553 |     1 896 |      8 365 |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Change in cash and cash equivalents     |      -580 |      -368 |       -150 |
--------------------------------------------------------------------------------



--------------------------------------------------------------------------------
| KEY FIGURES                             |  1-6/2008 |  1-6/2007 |    12/2007 |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Earnings/share, EUR                     |     -0.06 |      0.00 |      -0.43 |
--------------------------------------------------------------------------------
| Equity/share, EUR                       |      1.95 |      2.36 |       1.96 |
--------------------------------------------------------------------------------
| Cash flow from operations/share, EUR    |      0.13 |      0.10 |       0.12 |
--------------------------------------------------------------------------------
| Return on equity (ROE), %               |      -5.8 |      -0.4 |      -18.8 |
--------------------------------------------------------------------------------
| Return on invested capital (ROI), %     |       0.7 |       2.4 |       -4.5 |
--------------------------------------------------------------------------------
| Equity ratio, %                         |      27.6 |      31.6 |       26.9 |
--------------------------------------------------------------------------------
| Gearing, %                              |     207.3 |     160.6 |      210.5 |
--------------------------------------------------------------------------------
| Gross investments, EUR 1 000            |     1 987 |     5 076 |     11 266 |
--------------------------------------------------------------------------------
| Depreciation and impairment losses, EUR |     6 548 |     7 066 |     13 934 |
| 1 000                                   |           |           |            |
--------------------------------------------------------------------------------
| Goodwill amortisation, EUR 1 000        |           |           |      8 430 |
--------------------------------------------------------------------------------



SEGMENT REPORTING                                                               

WIPES AND NONWOVENS                                                             
--------------------------------------------------------------------------------
| EUR 1 000                     | 1-6/2008 |  1-6/2007 |  Change % | 1-12/2007 |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Net sales                     |          |           |           |           |
--------------------------------------------------------------------------------
| - Wet Wipes                   |   35 886 |    33 482 |       7.2 |    70 032 |
--------------------------------------------------------------------------------
| - Nonwovens                   |   41 668 |    37 020 |      12.6 |    76 970 |
--------------------------------------------------------------------------------
| - eliminations                |   -5 530 |    -3 491 |      58.4 |    -9 413 |
--------------------------------------------------------------------------------
| Total                         |   72 024 |    67 011 |       7.5 |   137 589 |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Operating profit before       |      198 |      -134 |     247.8 |      -359 |
| goodwill amortisation         |          |           |           |           |
--------------------------------------------------------------------------------
| % of net sales                |      0.3 |      -0.2 |           |      -0.3 |
--------------------------------------------------------------------------------
| Goodwill amortisation         |          |           |           |    -8 430 |
--------------------------------------------------------------------------------
| Operating profit              |      198 |      -134 |           |    -8 789 |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Assets                        |  105 720 |   114 472 |           |   108 295 |
--------------------------------------------------------------------------------
| Liabilities                   |   10 799 |    12 498 |           |    12 884 |
--------------------------------------------------------------------------------
| Net assets                    |   94 921 |   101 974 |           |    95 411 |
--------------------------------------------------------------------------------
| Investments                   |      808 |     2 359 |           |     4 379 |
--------------------------------------------------------------------------------
| Depreciation and impairment   |    3 823 |     4 284 |           |     8 407 |
| losses                        |          |           |           |           |
--------------------------------------------------------------------------------
| Goodwill amortisation         |          |           |           |     8 430 |
--------------------------------------------------------------------------------
| Average personnel             |      460 |       471 |           |       466 |
--------------------------------------------------------------------------------


FLEXIBLE PACKAGING                                                              
--------------------------------------------------------------------------------
| EUR 1 000                     | 1-6/2008 |  1-6/2007 |  Change % | 1-12/2007 |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Net sales                     |   37 911 |    38 698 |      -2.0 |    78 269 |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Operating profit              |      684 |     2 121 |     -67.8 |     2 407 |
--------------------------------------------------------------------------------
| % of net sales                |      1.8 |       5.5 |           |       3.1 |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Assets                        |   58 315 |    56 970 |           |    59 744 |
--------------------------------------------------------------------------------
| Liabilities                   |    9 257 |     8 646 |           |     9 896 |
--------------------------------------------------------------------------------
| Net assets                    |   49 058 |    48 324 |           |    49 848 |
--------------------------------------------------------------------------------
| Investments                   |    1 146 |     2 716 |           |     6 852 |
--------------------------------------------------------------------------------
| Depreciation and impairment   |    2 702 |     2 758 |           |     5 481 |
| losses                        |          |           |           |           |
--------------------------------------------------------------------------------
| Average personnel             |      579 |       597 |           |       593 |
--------------------------------------------------------------------------------


CONSOLIDATION ITEMS                                                             
--------------------------------------------------------------------------------
| EUR 1 000                           |   1-6/2008 |    1-6/2007 |   1-12/2007 |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Net sales                           |       -305 |        -237 |        -613 |
--------------------------------------------------------------------------------
| Operating profit                    |       -389 |        -283 |        -395 |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Assets                              |      3 883 |       4 873 |       4 381 |
--------------------------------------------------------------------------------
| Liabilities                         |    101 549 |      99 389 |     103 333 |
--------------------------------------------------------------------------------
| Investments                         |         33 |           1 |          35 |
--------------------------------------------------------------------------------
| Depreciation and impairment losses  |         23 |          24 |          46 |
--------------------------------------------------------------------------------
| Average personnel                   |         12 |          11 |          11 |
--------------------------------------------------------------------------------



NET SALES BY MARKET AREA                                                        
--------------------------------------------------------------------------------
| EUR 1 000                           |   1-6/2008 |    1-6/2007 |   1-12/2007 |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Finland                             |     17 486 |      16 901 |      34 139 |
--------------------------------------------------------------------------------
| Scandinavia                         |      9 403 |      11 100 |      22 032 |
--------------------------------------------------------------------------------
| The Netherlands                     |      8 990 |       9 572 |      19 022 |
--------------------------------------------------------------------------------
| Other Europe                        |     58 218 |      47 968 |     104 539 |
--------------------------------------------------------------------------------
| Other countries                     |     15 533 |      19 931 |      35 513 |
--------------------------------------------------------------------------------
| Net sales, total                    |    109 630 |     105 472 |     215 245 |
--------------------------------------------------------------------------------


QUARTERLY FIGURES                                                               
--------------------------------------------------------------------------------
| EUR 1 000           | III/2007 |  IV/2007 |   I/2008 |   II/2008 | III/2007- |
|                     |          |          |          |           |   II/2008 |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| NET SALES           |          |          |          |           |           |
--------------------------------------------------------------------------------
| Wipes and Nonwovens |          |          |          |           |           |
--------------------------------------------------------------------------------
| - Wet Wipes         |   17 774 |   18 776 |   18 507 |    17 379 |    72 436 |
--------------------------------------------------------------------------------
| - Nonwovens         |   21 370 |   18 580 |   20 559 |    21 109 |    81 618 |
--------------------------------------------------------------------------------
| - eliminations      |   -2 643 |   -3 280 |   -3 564 |    -1 966 |   -11 453 |
--------------------------------------------------------------------------------
| Total               |   36 501 |   34 076 |   35 502 |    36 522 |   142 601 |
--------------------------------------------------------------------------------
| Flexible Packaging  |   19 408 |   20 163 |   19 094 |    18 817 |    77 482 |
--------------------------------------------------------------------------------
| Consolidation items |     -208 |     -168 |     -134 |      -171 |      -681 |
| and eliminations    |          |          |          |           |           |
--------------------------------------------------------------------------------
| Net sales, total    |   55 701 |   54 071 |   54 462 |    55 168 |   219 402 |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| OPERATING PROFIT    |          |          |          |           |           |
--------------------------------------------------------------------------------
| Wipes and Nonwovens |      559 |     -784 |      -97 |       295 |       -27 |
--------------------------------------------------------------------------------
|  % of net sales     |      1.5 |     -2.3 |     -0.3 |       0.8 |       0.0 |
--------------------------------------------------------------------------------
| Flexible Packaging  |       52 |      234 |      175 |       509 |       970 |
--------------------------------------------------------------------------------
|  % of net sales     |      0.3 |      1.2 |      0.9 |       2.7 |       1.3 |
--------------------------------------------------------------------------------
| Consolidation items |      -66 |      -46 |     -203 |      -186 |      -501 |
| and eliminations    |          |          |          |           |           |
--------------------------------------------------------------------------------
| Operating profit    |      545 |     -596 |     -125 |       618 |       442 |
| before goodwill     |          |          |          |           |           |
| amortisation        |          |          |          |           |           |
--------------------------------------------------------------------------------
|  % of net sales     |      1.0 |     -1.1 |     -0.2 |       1.1 |       0.2 |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Goodwill            |          |   -8 430 |          |           |    -8 430 |
| amortisation        |          |          |          |           |           |
--------------------------------------------------------------------------------
| Operating profit,   |      545 |   -9 026 |     -125 |       618 |    -7 988 |
| total               |          |          |          |           |           |
--------------------------------------------------------------------------------
|  % of net sales     |      1.0 |    -16.7 |     -0.2 |       1.1 |      -3.6 |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| NET FINANCIAL       |   -1 046 |   -1 036 |   -1 084 |    -1 200 |    -4 366 |
| EXPENSES            |          |          |          |           |           |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| PROFIT BEFORE       |     -501 |  -10 062 |   -1 209 |      -582 |   -12 354 |
| 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 26 per cent in 2008 (25 per   
cent in 2007).                                                                  


INFORMATION ON RELATED PARTIES                                                  

Suominen has related party relationships with the members of the Board of       
Directors, 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 443 thousand, share-based payments EUR 67 thousand, and         
unsecured loans EUR 1 100 thousand.                                             


MOVEMENTS IN BORROWINGS                                                         
--------------------------------------------------------------------------------
| EUR 1 000                                           |  1-6/2008 |   1-6/2007 |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Total borrowings on 1 January                       |    99 119 |     89 335 |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Current loans from financial institutions on 1      |     3 000 |      8 000 |
| January                                             |           |            |
--------------------------------------------------------------------------------
| Change in current loans from financial institutions |    -3 000 |     -8 000 |
--------------------------------------------------------------------------------
| Current loans from financial institutions on 30     |         0 |          0 |
| June                                                |           |            |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Commercial papers on 1 January                      |    15 336 |      5 402 |
--------------------------------------------------------------------------------
| Change in commercial papers                         |      -433 |      6 418 |
--------------------------------------------------------------------------------
| Commercial papers on 30 June                        |    14 903 |     11 820 |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Non-current loans on 1 January                      |    78 783 |     71 933 |
--------------------------------------------------------------------------------
| Change in non-current loans                         |    -6 119 |      4 898 |
--------------------------------------------------------------------------------
| Non-current loans on 30 June                        |    72 664 |     76 831 |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Capital loans on 1 January                          |     2 000 |      4 000 |
--------------------------------------------------------------------------------
| Change in capital loans                             |     8 000 |            |
--------------------------------------------------------------------------------
| Capital loans on 30 June                            |    10 000 |      4 000 |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Total borrowings on 30 June                         |    97 567 |     92 651 |
--------------------------------------------------------------------------------



CHANGES IN FIXED ASSETS                                                         
--------------------------------------------------------------------------------
| EUR 1 000     |     1-6/ |         |     1-6/ |         |    1-12/ |         |
|               |     2008 |         |     2007 |         |     2007 |         |
--------------------------------------------------------------------------------
|               | Tangible |  Intan- | Tangible |  Intan- | Tangible |  Intan- |
|               |          |   gible |          |   gible |          |   gible |
--------------------------------------------------------------------------------
| Book value at |   74 083 |     942 |   77 168 |     944 |   77 168 |     944 |
| the beginning |          |         |          |         |          |         |
| of the period |          |         |          |         |          |         |
--------------------------------------------------------------------------------
| Investments   |    1 850 |     137 |    5 040 |      36 |   11 087 |     179 |
--------------------------------------------------------------------------------
| Decreases     |      -81 |         |     -906 |     -16 |   -1 600 |         |
--------------------------------------------------------------------------------
| Depreciation  |   -6 414 |    -134 |   -6 964 |    -102 |  -13 730 |    -203 |
| and           |          |         |          |         |          |         |
| impairments   |          |         |          |         |          |         |
--------------------------------------------------------------------------------
| Translation   |    1 032 |       3 |       45 |      37 |    1 158 |      22 |
| differences   |          |         |          |         |          |         |
| and other     |          |         |          |         |          |         |
| changes       |          |         |          |         |          |         |
--------------------------------------------------------------------------------
| Book value at |   70 470 |     948 |   74 383 |     899 |   74 083 |     942 |
| the end of    |          |         |          |         |          |         |
| the period    |          |         |          |         |          |         |
--------------------------------------------------------------------------------



CONTINGENT LIABILITIES                                                          
--------------------------------------------------------------------------------
| EUR 1 000                              |    6/2008 |     6/2007 |    12/2007 |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| FOR OWN DEBT                           |           |            |            |
--------------------------------------------------------------------------------
| Real estate mortgages                  |     5 045 |      5 045 |      5 045 |
--------------------------------------------------------------------------------
| Corporate mortgages                    |           |      1 177 |      1 177 |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| OTHER OWN COMMITMENTS                  |           |            |            |
--------------------------------------------------------------------------------
| Leasing payments and commitments       |     8 527 |      8 372 |      8 033 |
--------------------------------------------------------------------------------
| Rent commitments                       |    12 546 |     14 397 |     14 003 |
--------------------------------------------------------------------------------
| Guarantee commitment for financial     |     1 513 |      1 600 |      1 557 |
| lease of discontinued operations       |           |            |            |
--------------------------------------------------------------------------------



NOMINAL AND FAIR VALUES OF DERIVATIVE FINANCIAL INSTRUMENTS                     

--------------------------------------------------------------------------------
| EUR 1 000                         |      6/2008 |      6/2007 |      12/2007 |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| CURRENCY DERIVATIVES              |             |             |              |
--------------------------------------------------------------------------------
| Nominal value                     |       7 277 |       9 584 |       10 724 |
--------------------------------------------------------------------------------
| Fair value                        |         119 |         -15 |           69 |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| INTEREST RATE DERIVATIVES         |             |             |              |
--------------------------------------------------------------------------------
| Nominal value                     |      68 700 |      66 334 |       65 667 |
--------------------------------------------------------------------------------
| Fair value                        |       1 389 |       1 505 |        1 123 |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| ELECTRICITY DERIVATIVES           |             |             |              |
--------------------------------------------------------------------------------
| Nominal value                     |       3 698 |       5 239 |        4 683 |
--------------------------------------------------------------------------------
| Fair value                        |       2 169 |         950 |        1 337 |
--------------------------------------------------------------------------------




Helsinki, 18 July 2008                                                          

SUOMINEN CORPORATION                                                            

Board of Directors                                                              


For addition information please contact:                                        
Mr. Petri Rolig, President and CEO, tel. +358 (0)10 214 300                     
Mr. Arto Kiiskinen, Vice President and CFO, tel. +358 (0)10 214 300
interim-18-07-2008.pdf

Latest news

Changes in company's own shares, European Regulatory News
STOCK EXCHANGE RELEASE May 17, 2022

Suominen – transfer of the company’s own shares

Annual Meetings & Shareholder Rights, European Regulatory News
STOCK EXCHANGE RELEASE March 24, 2022

Decisions taken by Suominen’s Annual General Meeting and the Board of Directors