NEGATIVE RESULT FOR SUOMINEN IN Q1 2010

SUOMINEN CORPORATION               INTERIM REPORT 22 APRIL 2010 AT 12.30 P.M.   


INTERIM REPORT 1 JANUARY - 31 MARCH 2010                                        

NEGATIVE RESULT FOR SUOMINEN IN Q1 2010                                         

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| KEY FIGURES                          |   1-3/2010 |   1-3/2009 |   1-12/2009 |
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| Net sales, EUR million               |       40.6 |       46.9 |       179.4 |
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| Operating profit, EUR million        |       -0.3 |        3.6 |         6.7 |
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| Profit/loss for the period, EUR      |       -1.1 |        1.5 |         0.9 |
| million                              |            |            |             |
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| Earnings/share, EUR                  |      -0.05 |       0.06 |        0.04 |
--------------------------------------------------------------------------------
| Cash flow from operations/share, EUR |      -0.04 |       0.61 |        1.13 |
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Outlook: Due to the low number of deliveries in early 2010, the entire year's   
sales volume is expected to decrease from the previous year. Operating profit is
expected to be lower than in 2009, resulting from the decrease in sales volumes 
and the rise in raw material and energy costs.                                  


GROUP FINANCIAL RESULTS                                                         

Suominen Corporation generated net sales of EUR 40.6 million (46.9) in the first
quarter. Operating profit was EUR -0.3 million (3.6), profit before taxes EUR   
-1.5 million (2.0) and profit after taxes EUR -1.1 million (1.5).               

Net sales fell by 14 per cent compared to the first quarter of the previous     
year. Reasons behind the decrease were the decline in the prices of wet wipes   
and in the delivery volumes of nonwovens.                                       

The result was negative and effected by the above-mentioned decline in net sales
as well as the rise in raw material and energy costs. The cost increases are    
passed on to sales prices with a delay. During the 2009 corresponding period,   
raw material prices were on a low level.                                        

Investments still remained on a low level. The stock of finished products       
increased as they were built up to meet demand later in spring.                 


Cost-saving and operational enhancement programme                               

Costs were cut in the amount of EUR 0.7 million through Suominen's long-term    
Stairs to Top operational enhancement programme. The most significant single    
measure taken was the transfer of Sweden's flexible packaging production to     
Poland. Other cost savings resulted from freight, optimisation of material use, 
reduction in number of personnel and the effects of earlier investments to boost
efficiency.                                                                     


Financing                                                                       

The Group's interest-bearing net liabilities totalled EUR 62.1 million (67.2)   
including capital loans of EUR 6.0 million (8.0). Due to the negative result    
development in the early part of the year, the company negotiated an amendment  
for the financial covenants of the present credit agreements. The amendment is  
binding in the first and second quarters of the year.                           

Repayments of non-current loans were EUR 0.3 million. Net financial expenses    
were EUR 1.1 million (1.5) or 2.8 per cent (3.3) of net sales. A total of EUR   
1.5 million was tied up in the working capital. A total of EUR 9.7 million of   
trade receivables was sold to the bank (6.5). The equity ratio was 27.5 per cent
(25.4). When the capital loans are included in shareholders' equity, the equity 
ratio was 32.1 per cent (31.2) and the ratio of liabilities to shareholders'    
equity 134.4 per cent (136.4). Cash flow from operations was EUR -0.04 per share
(0.61).                                                                         


Investments                                                                     

The company's gross investments in production totalled EUR 2.0 million (0.6).   
Planned depreciation amounted to EUR 2.4 million (2.6). Codi Wipes accounted for
EUR 0.1 million (0.1), Nonwovens EUR 0.9 million (0.2) and Flexibles EUR 1.0    
million (0.3) of total investments. Investments were efficiency-enhancement and 
maintenance investments.                                                        


SEGMENT RESULTS                                                                 

In the first quarter, net sales of the Wiping business area totalled EUR 24.5   
million and declined by 19 per cent on the previous year. The business area's   
operating profit was EUR -0.1 million (1.4).                                    

Net sales of Codi Wipes, at EUR 13.9 million, declined by 13 per cent on the    
previous year. Sales of baby wipes decreased most clearly while sales of        
personal care wipes were approximately equal to the corresponding period's      
level. The decrease in the value of sales resulted, on the one hand, from       
declining price terms in long-term sales contracts and, on the other, from lower
market prices caused by tightened competition. The unit's labour-use efficiency 
and materials utilisation were improved.                                        

Net sales of Nonwovens decreased by 27 per cent to EUR 12.2 million. The        
corresponding data includes the sales of thermobonded hygiene products, which,  
for the most part, ended during 2009. Also deliveries of hydroentangled wiping  
materials and materials used in health care decreased. Sales in the US markets  
declined clearly. The stock of finished products was built up in expectation of 
a rise in demand in spring. In the employee negotiations concluded in February, 
it was agreed that altogether a maximum of 24 days of temporary lay-offs would  
be implemented during the first half of the year.                               

Net sales of Flexibles totalled EUR 16.4 million (16.8) and operating profit was
EUR -0.1 million (2.2) in the first quarter. Sales of hygiene packaging and food
packaging were on par with the previous year. Demand for retail packaging and   
security and system packaging was somewhat lower than a year earlier. Deliveries
to both Russia and Poland increased.                                            

The increase in the price of plastic-based raw materials also caused a clear    
increase in costs in Flexibles' result, while during the previous year's        
corresponding period the sector benefited from a decrease in prices. Production 
was shut down in Sweden during the first months of the year and the modern      
printing machine was transferred from Norrköping to Poland. In March the        
machine's output reached a nearly normal level.                                 


GENERAL MEETINGS OF SHAREHOLDERS                                                

The Annual General meeting of Shareholders was held on 23 March 2010. The       
General Meeting decided that a dividend of EUR 0.02 per share be paid for the   
financial year 2009.                                                            

The General Meeting approved the financial statements of the parent company and 
the Group for the financial year 1 January - 31 December 2009 and released the  
members of the Board of Directors and the President and CEO from liability for  
the period.                                                                     

The General Meeting elected Heikki Bergholm, Kai Hannus, Suvi Hintsanen, Juhani 
Lassila, Mikko Maijala and Heikki Mairinoja to the Board of Directors. Mikko    
Maijala was elected as Chairman and Heikki Mairinoja as Deputy Chairman of the  
Board.                                                                          

PricewaterhouseCoopers Oy, Authorised Public Accountants, with Heikki Lassila,  
APA, as the principal auditor, were elected as auditors of Suominen Corporation.


AMENDMENTS TO THE ARTICLES OF ASSOCIATION                                       

As a result of the amendment of the Finnish Companies Act that came into force  
on 31 December 2009, the Annual General Meeting of Shareholders held on 23 March
2010 adoptet an amendment to the Articles of Association. The Article 11 of the 
Articles of Association be amended so that an invitation to the General Meeting 
of Shareholders shall be delivered three weeks before the General Meeting of    
Shareholders, however, not later than nine days before the record date of the   
General Meeting of Shareholders.                                                


SHARE CAPITAL AND SHARES                                                        

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.                                                                         


Share trading and price                                                         

The number of Suominen Corporation shares traded on NASDAQ OMX Helsinki from 1  
January to 31 March 2010 was 562,569 shares, equivalent to 2.4 per cent of      
shares included in the company's share capital. The trading price varied between
EUR 1.45 and EUR 1.74. The final trading price was EUR 1.63, giving the company 
a market capitalisation of EUR 38.6 million on 31 March 2010.                   


The company's own shares                                                        

On 1 January 2010, the company held 682 of its own shares, accounting for 0.0   
per cent of the share capital and votes.                                        

The Annual General Meeting of Shareholders held in 2009 authorised the Board of 
Directors to decide on the acquisition of a maximum of 200,000 of the company's 
own shares. The authorisation was still valid and based on it, the company has  
repurchased 51,015 of its own shares between 1 January and 31 March 2010. The   
Meeting also authorised the Board of Directors to decide on the conveyance of   
the company's own shares, and authorisation to convey 200,862 shares was still  
valid. The Board of Directors did not exercise its authorities during the period
under review. Instead on 1 April 2010 the company has conveyed 31,875 of its own
shares as emoluments to the Board of Directors.                                 

The Annual General Meeting of Shareholders held on 23 March 2010 authorised the 
Board of Directors to decide on the acquisition of a maximum of 200,000 of the  
company's own shares. The authorisation will be valid for 18 months after the   
decision of the General Meeting. The shares shall be repurchased to improve     
company's capital structure and/or to be used as consideration in future        
acquisitions or other arrangements related to the Company's business or as part 
of the company's incentive program, and/or to finance investments. Shares may be
held, cancelled or conveyed by the company. The company's own shares shall be   
repurchased otherwise than in proportion to the holdings of the shareholders by 
using the non-restricted equity through public trading on NASDAQ OMX Helsinki   
Ltd at the market price prevailing at the time of acquisition. During the period
under review, the Board of Directors did not exercise its authorities to buy the
company's own shares.                                                           

The 2010 Meeting also authorised the Board of Directors to decide on the        
conveyance of a maximum of 200,682 of the company's own shares. The             
authorisation will be valid for 18 months after the end of the General Meeting. 
The board of Directors did not exercise its authorities to convey the company's 
own shares during the period under review.                                      

On 31 March 2010, Suominen Corporation held a total of 51,697 of its own shares,
accounting for 0.2 per cent of the share capital and votes.                     


Stock options                                                                   

Suominen has stock option plans 2006, 2007 and 2009. As the registered number of
Suominen's issued shares totals 23,720,112, the number of shares may rise to a  
maximum of 24,570,112 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.                                                   


NEAR-FUTURE RISKS AND 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 net sales. Due to
the uncertain global economic situation, the forecasts are vulnerable to a      
significant amount of uncertainty.                                              

Nonwovens and Flexibles purchase oil-based raw materials to the value of some   
EUR 40 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 profitability.                        

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 increase. Delays in the implementation of measures or their failure would  
have a negative impact on the company's result.                                 

The financial covenants of Suominen's credit agreements provide a maximum level 
for the ratio of net debts to operating profit. The company agreed with         
financiers that for the first and second quarters, the ratio of net debts to    
operating profit would be no more than 4.6, when capital loans are excluded. The
continuing weak level of the income from operations may result in a situation   
where the company does not meet the financial conditions. In this case, the     
banks have the right to declare the credits due and payable and renegotiate the 
terms.                                                                          

The sensitivity of Suominen's group goodwill, and possible changes in the       
general assumptions are described in the notes to the financial statements for  
2009. Suominen's business risks are described in the report of the Board of     
Directors for 2009.                                                             


OUTLOOK                                                                         

Demand for Suominen's products is evaluated on the basis of customer contracts  
and use forecast provided by customers. Demand for Suominen's products and      
deliveries to customers at the beginning of 2010 was lower than estimated and   
below the level of the corresponding period in 2009. Due to the low number of   
deliveries in early 2010, the entire year's sales volume is expected to decrease
from the previous year.                                                         

Suominen's raw material and energy costs have clearly increased during the first
quarter. Operating profit is expected to be lower than in 2009, resulting from  
the decrease in sales volumes and the rise in raw material and energy costs.    


EVENTS AFTER THE REPORTING PERIOD                                               

Within the authorisation granted by the Annual General Meeting held on 23 March 
2010, the company has conveyed 31,875 of its own shares as emoluments to the    
Board of Directors on 1 April 2010. The price of the conveyed shares was EUR    
1.60 per share.                                                                 


SUOMINEN CORPORATION CONSOLIDATED 1 JANUARY - 31 MARCH 2010                     

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 2009, and this interim    
report should be read parallel to the financial statements for 2009. Changes to 
published accounting standards and interpretations, together with the new       
accounting standards that came into force on 1 January 2010, are presented in   
the financial statements for 2009.                                              

All calculations in this interim report have been prepared in compliance with   
revised IAS 1, ‘Presentation of Financial Statements'. The revised standard is  
aimed at improving users' ability to analyse and compare the information given  
in financial statements by separating changes in equity of an entity arising    
from transactions with owners from other changes in equity. Non-owner changes   
inequity will be presented in the statement of comprehensive income.            

The figures in this interim report have not been audited.                       


BALANCE SHEET                                                                   
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| EUR 1 000                          |      3/2010 |      3/2009 |     12/2009 |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| ASSETS                             |             |             |             |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Non-current assets                 |             |             |             |
--------------------------------------------------------------------------------
| Goodwill                           |      23 404 |      23 404 |      23 404 |
--------------------------------------------------------------------------------
| Intangible assets                  |         762 |         809 |         795 |
--------------------------------------------------------------------------------
| Tangible non-current assets        |      57 416 |      59 094 |      57 044 |
--------------------------------------------------------------------------------
| Available-for-sale financial       |         212 |         577 |         212 |
| assets                             |             |             |             |
--------------------------------------------------------------------------------
| Held-to-maturity investments       |         288 |         172 |         225 |
--------------------------------------------------------------------------------
| Deferred tax assets                |         853 |       1 522 |         921 |
--------------------------------------------------------------------------------
| Non-current assets, total          |      82 935 |      85 578 |      82 601 |
--------------------------------------------------------------------------------
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| Current assets                     |             |             |             |
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| Inventories                        |      25 724 |      21 019 |      22 598 |
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| Trade receivables                  |      12 390 |      17 994 |      11 514 |
--------------------------------------------------------------------------------
| Other current receivables          |       3 251 |       3 158 |       4 416 |
--------------------------------------------------------------------------------
| Income tax receivables             |         418 |         696 |         112 |
--------------------------------------------------------------------------------
| Cash at bank and in hand           |       5 233 |      10 566 |       1 589 |
--------------------------------------------------------------------------------
| Current assets, total              |      47 016 |      53 433 |      40 229 |
--------------------------------------------------------------------------------
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| Assets, total                      |     129 951 |     139 011 |     122 830 |
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| SHAREHOLDERS' EQUITY AND           |             |             |             |
| LIABILITIES                        |             |             |             |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Equity attributable to owners of   |             |             |             |
| the parent                         |             |             |             |
--------------------------------------------------------------------------------
| Share capital                      |      11 860 |      11 860 |      11 860 |
--------------------------------------------------------------------------------
| Share premium account              |      24 681 |      24 681 |      24 681 |
--------------------------------------------------------------------------------
| Fair value and other reserves      |        -454 |      -1 046 |        -402 |
--------------------------------------------------------------------------------
| Translation differences            |         546 |      -1 383 |        -117 |
--------------------------------------------------------------------------------
| Other shareholders' equity         |        -916 |       1 235 |         667 |
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| Shareholders' equity, total        |      35 717 |      35 347 |      36 689 |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Liabilities                        |             |             |             |
--------------------------------------------------------------------------------
| Non-current liabilities            |             |             |             |
--------------------------------------------------------------------------------
| Deferred tax liabilities           |       3 063 |       3 616 |       3 065 |
--------------------------------------------------------------------------------
| Provisions                         |         280 |             |         280 |
--------------------------------------------------------------------------------
| Capital loans                      |       4 000 |       6 000 |       6 000 |
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| Interest-bearing liabilities       |      46 398 |      60 275 |      43 390 |
--------------------------------------------------------------------------------
| Non-current liabilities, total     |      53 741 |      69 891 |      52 735 |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Current liabilities                |             |             |             |
--------------------------------------------------------------------------------
| Interest-bearing liabilities       |      14 950 |       9 900 |       9 471 |
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| Capital loans                      |       2 000 |       2 000 |       2 000 |
--------------------------------------------------------------------------------
| Income tax liabilities             |         119 |         678 |          39 |
--------------------------------------------------------------------------------
| Trade payables and other current   |      23 424 |      21 195 |      21 896 |
| liabilities                        |             |             |             |
--------------------------------------------------------------------------------
| Current liabilities, total         |      40 493 |      33 773 |      33 406 |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Liabilities, total                 |      94 234 |     103 664 |      86 141 |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Shareholders' equity and           |     129 951 |     139 011 |     122 830 |
| liabilities, total                 |             |             |             |
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STATEMENT OF INCOME                                                             
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| EUR 1 000                          |    1-3/2010 |    1-3/2009 |   1-12/2009 |
--------------------------------------------------------------------------------
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| NET SALES                          |      40 616 |      46 944 |     179 354 |
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| Cost of goods sold                 |     -37 917 |     -40 629 |    -158 969 |
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| GROSS PROFIT                       |       2 699 |       6 315 |      20 385 |
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| Other operating income             |          61 |         298 |         530 |
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| Sales and marketing expenses       |        -915 |        -803 |      -3 715 |
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| Research and development           |        -508 |        -450 |      -2 297 |
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| Administration expenses            |      -1 643 |      -1 700 |      -7 144 |
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| Other operating expenses           |         -19 |        -110 |      -1 053 |
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| OPERATING PROFIT                   |        -325 |       3 551 |       6 706 |
--------------------------------------------------------------------------------
| Financial income and expenses      |      -1 138 |      -1 539 |      -5 701 |
--------------------------------------------------------------------------------
| PROFIT BEFORE INCOME TAXES         |      -1 463 |       2 012 |       1 005 |
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| Income taxes                       |         342 |        -538 |        -145 |
--------------------------------------------------------------------------------
| PROFIT/LOSS FOR THE PERIOD         |      -1 121 |       1 474 |         860 |
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--------------------------------------------------------------------------------
| Earnings/share, EUR                |       -0.05 |        0.06 |        0.04 |
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STATEMENT OF COMPREHENSIVE INCOME                                               
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| EUR 1 000                          |    1-3/2010 |    1-3/2009 |   1-12/2009 |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Profit/loss for the period         |      -1 121 |       1 474 |         860 |
--------------------------------------------------------------------------------
|                                    |             |             |             |
--------------------------------------------------------------------------------
| Other comprehensive income         |             |             |             |
--------------------------------------------------------------------------------
| Total exchange differences on      |         896 |      -1 376 |         335 |
| foreign operations                 |             |             |             |
--------------------------------------------------------------------------------
| Fair value changes of cash flow    |          14 |        -751 |          48 |
| hedges                             |             |             |             |
--------------------------------------------------------------------------------
| Fair value changes of              |             |             |          73 |
| available-for-sale assets          |             |             |             |
--------------------------------------------------------------------------------
| Other reclassifications            |           6 |           3 |          -9 |
--------------------------------------------------------------------------------
| Income tax on other comprehensive  |        -237 |         554 |        -119 |
| income                             |             |             |             |
--------------------------------------------------------------------------------
| Total other comprehensive income   |         679 |      -1 570 |         328 |
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|                                    |             |             |             |
--------------------------------------------------------------------------------
| Total comprehensive income for the |        -442 |         -96 |       1 188 |
| period                             |             |             |             |
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STATEMENT OF CHANGES IN SHAREHOLDERS' EQUITY                                    
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| EUR 1 000  |  Share |  Share |    Own |  Trans- |   Fair  |Retained |  Total |
|            |capital |premium | shares |  lation |   value |earnings |        |
|            |        |account |        | differ- |reserves |         |        |
|            |        |        |        |   ences |         |         |        |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Total      | 11 860 | 24 681 |     -1 |    -117 |    -401 |     667 | 36 689 |
| equity at  |        |        |        |         |         |         |        |
| 1 Jan.     |        |        |        |         |         |         |        |
| 2010       |        |        |        |         |         |         |        |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Profit/loss|        |        |        |         |         |  -1 121 | -1 121 |
| for the    |        |        |        |         |         |         |        |
| period     |        |        |        |         |         |         |        |
--------------------------------------------------------------------------------
| Other      |        |        |        |     663 |      11 |       5 |    679 |
| comprehens |        |        |        |         |         |         |        |
| ive income |        |        |        |         |         |         |        |
--------------------------------------------------------------------------------
| Share-based|        |        |        |         |         |       7 |      7 |
| payments   |        |        |        |         |         |         |        |
--------------------------------------------------------------------------------
| Dividend   |        |        |        |         |         |    -474 |   -474 |
--------------------------------------------------------------------------------
| Repurchase |        |        |    -63 |         |         |         |    -63 |
| of own     |        |        |        |         |         |         |        |
| shares     |        |        |        |         |         |         |        |
--------------------------------------------------------------------------------
| Total      | 11 860 | 24 681 |    -64 |     546 |    -390 |    -916 | 35 717 |
| equity at  |        |        |        |         |         |         |        |
| 31 March   |        |        |        |         |         |         |        |
| 2010       |        |        |        |         |         |         |        |
--------------------------------------------------------------------------------


--------------------------------------------------------------------------------
| EUR 1 000  |  Share |  Share |    Own |  Trans- |   Fair  |Retained |  Total |
|            |capital |premium | shares |  lation |   value |earnings |        |
|            |        |account |        | differ- |reserves |         |        |
|            |        |        |        |   ences |         |         |        |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Total      | 11 860 | 24 681 |    -50 |    -365 |    -490 |    -246 | 35 390 |
| equity at  |        |        |        |         |         |         |        |
| 1 Jan.     |        |        |        |         |         |         |        |
| 2009       |        |        |        |         |         |         |        |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Profit/loss|        |        |        |         |         |   1 474 |  1 474 |
| for the    |        |        |        |         |         |         |        |
| period     |        |        |        |         |         |         |        |
--------------------------------------------------------------------------------
| Other      |        |        |        |  -1 018 |    -555 |       3 | -1 570 |
| comprehens |        |        |        |         |         |         |        |
| ive income |        |        |        |         |         |         |        |
--------------------------------------------------------------------------------
| Share-base |        |        |        |         |         |      10 |     10 |
| d payments |        |        |        |         |         |         |        |
--------------------------------------------------------------------------------
| Conveyance |        |        |     49 |         |         |      -6 |     43 |
| of own     |        |        |        |         |         |         |        |
| shares     |        |        |        |         |         |         |        |
--------------------------------------------------------------------------------
| Total      | 11 860 | 24 681 |     -1 |  -1 383 |  -1 045 |   1 235 | 35 347 |
| equity at  |        |        |        |         |         |         |        |
| 31 March   |        |        |        |         |         |         |        |
| 2009       |        |        |        |         |         |         |        |
--------------------------------------------------------------------------------


--------------------------------------------------------------------------------
| EUR 1 000  |  Share |  Share |    Own |  Trans- |   Fair  |Retained |  Total |
|            |capital |premium | shares |  lation |   value |earnings |        |
|            |        |account |        | differ- |reserves |         |        |
|            |        |        |        |   ences |         |         |        |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Total      | 11 860 | 24 681 |    -50 |    -365 |    -490 |    -246 | 35 390 |
| equity at  |        |        |        |         |         |         |        |
| 1 Jan.     |        |        |        |         |         |         |        |
| 2009       |        |        |        |         |         |         |        |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Profit/loss|        |        |        |         |         |     860 |    860 |
| for the    |        |        |        |         |         |         |        |
| period     |        |        |        |         |         |         |        |
--------------------------------------------------------------------------------
| Other      |        |        |        |     248 |      89 |      -9 |    328 |
| comprehens |        |        |        |         |         |         |        |
| ive income |        |        |        |         |         |         |        |
--------------------------------------------------------------------------------
| Share-based|        |        |        |         |         |      68 |     68 |
| payments   |        |        |        |         |         |         |        |
--------------------------------------------------------------------------------
| Conveyance |        |        |     49 |         |         |      -6 |     43 |
| of own     |        |        |        |         |         |         |        |
| shares     |        |        |        |         |         |         |        |
--------------------------------------------------------------------------------
| Total      | 11 860 | 24 681 |     -1 |    -117 |    -401 |     667 | 36 689 |
| equity at  |        |        |        |         |         |         |        |
| 31 Dec.    |        |        |        |         |         |         |        |
| 2009       |        |        |        |         |         |         |        |
--------------------------------------------------------------------------------



CASH FLOW STATEMENT                                                             
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| EUR 1 000                          |    1-3/2010 |    1-3/2009 |   1-12/2009 |
--------------------------------------------------------------------------------
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| Operations                         |             |             |             |
--------------------------------------------------------------------------------
| Operating profit                   |        -325 |       3 551 |       6 706 |
--------------------------------------------------------------------------------
| Total adjustments                  |       2 381 |       2 638 |      10 367 |
--------------------------------------------------------------------------------
| Cash flow before change in working |       2 056 |       6 189 |      17 073 |
| capital                            |             |             |             |
--------------------------------------------------------------------------------
| Change in working capital          |      -1 517 |       9 635 |      15 234 |
--------------------------------------------------------------------------------
| Financial items                    |      -1 548 |      -1 353 |      -5 263 |
--------------------------------------------------------------------------------
| Taxes paid                         |         -55 |         -31 |        -251 |
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| Cash flow from operations          |      -1 064 |      14 439 |      26 793 |
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|                                    |             |             |             |
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| Investment payments                |             |             |             |
--------------------------------------------------------------------------------
| Investments in tangible and        |      -1 542 |        -636 |      -4 373 |
| intangible assets                  |             |             |             |
--------------------------------------------------------------------------------
| Proceeds from disposal of fixed    |         127 |         -16 |         388 |
| assets                             |             |             |             |
| and other proceeds                 |             |             |             |
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| Cash flow from investing           |      -1 415 |        -652 |      -3 985 |
| activities                         |             |             |             |
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|                                    |             |             |             |
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| Financing                          |             |             |             |
--------------------------------------------------------------------------------
| Non-current loans drawn            |       3 000 |      26 000 |      35 192 |
--------------------------------------------------------------------------------
| Repayments of non-current loans    |        -297 |     -31 533 |     -58 722 |
--------------------------------------------------------------------------------
| Change in commercial papers        |       5 478 |             |             |
--------------------------------------------------------------------------------
| Repayments of capital loans        |      -2 000 |      -2 000 |      -2 000 |
--------------------------------------------------------------------------------
| Repurchase and conveyance of own   |         -63 |          44 |          44 |
| shares                             |             |             |             |
--------------------------------------------------------------------------------
| Cash flow from financing           |       6 118 |      -7 489 |     -25 486 |
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|                                    |             |             |             |
--------------------------------------------------------------------------------
| Change in cash and cash            |       3 639 |       6 298 |      -2 678 |
| equivalents                        |             |             |             |
--------------------------------------------------------------------------------



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| KEY FIGURES                        |    1-3/2010 |    1-3/2009 |   1-12/2009 |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Net sales, change, % *             |       -13.5 |       -13.8 |       -16.4 |
--------------------------------------------------------------------------------
| Gross profit, % **                 |         6.6 |        13.5 |        11.4 |
--------------------------------------------------------------------------------
| Operating profit, % **             |        -0.8 |         7.6 |         3.7 |
--------------------------------------------------------------------------------
| Financial income and expenses, %   |        -2.8 |        -3.3 |        -3.2 |
| **                                 |             |             |             |
--------------------------------------------------------------------------------
| Profit before income taxes, % **   |        -3.6 |         4.3 |         0.6 |
--------------------------------------------------------------------------------
| Profit for the period, % **        |        -2.8 |         3.1 |         0.5 |
--------------------------------------------------------------------------------
| Earnings/share, EUR                |       -0.05 |        0.06 |        0.04 |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Equity/share, EUR                  |        1.51 |        1.49 |        1.55 |
--------------------------------------------------------------------------------
| Dividend/share, EUR                |             |             |       0.02  |
--------------------------------------------------------------------------------
| Cash flow from operations/share,   |       -0.04 |        0.61 |        1.13 |
| EUR                                |             |             |             |
--------------------------------------------------------------------------------
| Return on equity (ROE), %          |       -12.4 |        16.7 |         2.4 |
--------------------------------------------------------------------------------
| Return on invested capital (ROI),  |        -1.2 |        12.4 |         6.4 |
| %                                  |             |             |             |
--------------------------------------------------------------------------------
| Equity ratio, %                    |        27.5 |        25.4 |        29.9 |
--------------------------------------------------------------------------------
| Gearing, %                         |       173.8 |       189.9 |       161.2 |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Gross investments, EUR 1 000       |       2 024 |         562 |       4 507 |
--------------------------------------------------------------------------------
| Depreciation, EUR 1 000            |       2 415 |       2 595 |      10 158 |
--------------------------------------------------------------------------------

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



SEGMENT REPORTING                                                               

WIPING                                                                          
--------------------------------------------------------------------------------
| EUR 1 000              |   1-3/2010 |   1-3/2009 |    Change % |   1-12/2009 |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Net sales              |            |            |             |             |
--------------------------------------------------------------------------------
| - Codi Wipes           |     13 884 |     15 914 |       -12.8 |      64 479 |
--------------------------------------------------------------------------------
| - Nonwovens            |     12 246 |     16 822 |       -27.2 |      56 905 |
--------------------------------------------------------------------------------
| - eliminations         |     -1 667 |     -2 372 |       -29.7 |      -7 888 |
--------------------------------------------------------------------------------
| Total                  |     24 462 |     30 364 |       -19.4 |     113 496 |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Operating profit       |       -142 |      1 405 |             |       4 299 |
--------------------------------------------------------------------------------
| % of net sales         |       -0.6 |        4.6 |             |         3.8 |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Assets                 |     79 098 |     89 377 |             |      78 991 |
--------------------------------------------------------------------------------
| Liabilities            |     12 972 |     11 888 |             |      13 349 |
--------------------------------------------------------------------------------
| Net assets             |     66 126 |     77 489 |             |      65 641 |
--------------------------------------------------------------------------------
| Investments            |      1 010 |        235 |             |       2 447 |
--------------------------------------------------------------------------------
| Depreciation           |      1 649 |      1 749 |             |       6 784 |
--------------------------------------------------------------------------------
| Impairment losses      |        379 |        403 |             |             |
--------------------------------------------------------------------------------
| Average personnel      |            |            |             |         392 |
--------------------------------------------------------------------------------


FLEXIBLES                                                                       
--------------------------------------------------------------------------------
| EUR 1 000              |   1-3/2010 |   1-3/2009 |    Change % |   1-12/2009 |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Net sales              |     16 395 |     16 830 |        -2.6 |      66 894 |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Operating profit       |       -135 |      2 220 |             |       2 823 |
--------------------------------------------------------------------------------
| % of net sales         |       -0.8 |       13.2 |             |         4.2 |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Assets                 |     46 754 |     44 191 |             |      44 462 |
--------------------------------------------------------------------------------
| Liabilities            |     11 875 |      8 666 |             |      10 039 |
--------------------------------------------------------------------------------
| Net assets             |     34 879 |     35 525 |             |      34 423 |
--------------------------------------------------------------------------------
| Investments            |      1 010 |        327 |             |       2 059 |
--------------------------------------------------------------------------------
| Depreciation           |        760 |        841 |             |       3 349 |
--------------------------------------------------------------------------------
| Average personnel      |        537 |        535 |             |         541 |
--------------------------------------------------------------------------------


NON-ALLOCATED ITEMS                                                             
--------------------------------------------------------------------------------
| EUR 1 000                    |      1-3/2010 |      1-3/2009 |     1-12/2009 |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Net sales                    |          -241 |          -250 |        -1 036 |
--------------------------------------------------------------------------------
| Operating profit             |           -48 |           -74 |          -415 |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Assets                       |         4 099 |         5 443 |          -623 |
--------------------------------------------------------------------------------
| Liabilities                  |        69 387 |        83 110 |        62 752 |
--------------------------------------------------------------------------------
| Investments                  |             4 |               |             1 |
--------------------------------------------------------------------------------
| Depreciation                 |             6 |             5 |            24 |
--------------------------------------------------------------------------------
| Average personnel            |            11 |            11 |            11 |
--------------------------------------------------------------------------------


NET SALES BY MARKET AREA                                                        
--------------------------------------------------------------------------------
| EUR 1 000                    |      1-3/2010 |      1-3/2009 |     1-12/2009 |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Finland                      |         6 466 |         7 607 |        29 883 |
--------------------------------------------------------------------------------
| Scandinavia                  |         3 921 |         4 141 |        15 843 |
--------------------------------------------------------------------------------
| The Netherlands              |         2 010 |         3 893 |        12 004 |
--------------------------------------------------------------------------------
| Other Europe                 |        25 762 |        25 792 |       106 220 |
--------------------------------------------------------------------------------
| Other countries              |         2 457 |         5 511 |        15 404 |
--------------------------------------------------------------------------------
| Net sales, total             |        40 616 |        46 944 |       179 354 |
--------------------------------------------------------------------------------



QUARTERLY FIGURES                                                               
--------------------------------------------------------------------------------
| EUR 1 000              | II/2009 | III/2009 |  IV/2009 |   I/2010 | II/2009- |
|                        |         |          |          |          |   I/2010 |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| NET SALES              |         |          |          |          |          |
--------------------------------------------------------------------------------
| Wiping                 |         |          |          |          |          |
--------------------------------------------------------------------------------
| - Codi Wipes           |  15 899 |   15 843 |   16 824 |   13 884 |   62 449 |
--------------------------------------------------------------------------------
| - Nonwovens            |  13 947 |   13 637 |   12 499 |   12 246 |   52 329 |
--------------------------------------------------------------------------------
| - eliminations         |  -2 356 |   -1 567 |   -1 592 |   -1 667 |   -7 183 |
--------------------------------------------------------------------------------
| Total                  |  27 489 |   27 913 |   27 730 |   24 462 |  107 594 |
--------------------------------------------------------------------------------
| Flexibles              |  16 188 |   16 513 |   17 363 |   16 395 |   66 459 |
--------------------------------------------------------------------------------
| Non-allocated items    |    -289 |     -259 |     -238 |     -241 |   -1 026 |
--------------------------------------------------------------------------------
| Net sales, total       |  43 388 |   44 167 |   44 855 |   40 616 |  173 027 |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| OPERATING PROFIT       |         |          |          |          |          |
--------------------------------------------------------------------------------
| Wiping                 |   1 319 |      677 |      898 |     -142 |    2 751 |
--------------------------------------------------------------------------------
|  % of net sales        |     4.8 |      2.4 |      3.2 |     -0.6 |      2.6 |
--------------------------------------------------------------------------------
| Flexibles              |     420 |      496 |      275 |     -135 |    1 056 |
--------------------------------------------------------------------------------
|  % of net sales        |     2.6 |      3.0 |      1.6 |     -0.8 |      1.6 |
--------------------------------------------------------------------------------
| Non-allocated items    |    -161 |     -202 |       21 |      -48 |     -389 |
--------------------------------------------------------------------------------
| Operating profit       |   1 578 |      972 |    1 195 |     -325 |    3 419 |
| before non-recurring   |         |          |          |          |          |
| costs                  |         |          |          |          |          |
--------------------------------------------------------------------------------
|  % of net sales        |     3.6 |      2.2 |      2.7 |     -0.8 |      2.0 |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Non-recurring costs    |         |          |     -589 |          |     -589 |
--------------------------------------------------------------------------------
| Operating profit,      |   1 578 |      972 |      606 |     -325 |    2 830 |
| total                  |         |          |          |          |          |
--------------------------------------------------------------------------------
|  % of net sales        |     3.6 |      2.2 |      1.4 |     -0.8 |      1.6 |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| NET FINANCIAL EXPENSES |  -1 589 |   -1 529 |   -1 045 |   -1 138 |   -5 300 |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| PROFIT BEFORE INCOME   |     -11 |     -557 |     -439 |   -1 463 |   -2 470 |
| TAXES                  |         |          |          |          |          |
--------------------------------------------------------------------------------



TAXES FOR THE PERIOD UNDER REVIEW                                               

Income tax expense is recognised based on the estimated average income tax rate 
for the full financial year.                                                    


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 108 thousand, share-based payments EUR 7 thousand, unsecured    
loans EUR 660 thousand, and interest payments EUR 102 thousand.                 


MOVEMENTS IN BORROWINGS                                                         
--------------------------------------------------------------------------------
| EUR 1 000                                   |      1-3/2010 |       1-3/2009 |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Total borrowings on 1 January               |        60 861 |         86 403 |
--------------------------------------------------------------------------------
|                                             |               |                |
--------------------------------------------------------------------------------
| Commercial papers on 1 January              |               |                |
--------------------------------------------------------------------------------
| Change in commercial papers                 |         5 479 |                |
--------------------------------------------------------------------------------
| Commercial papers on 31 March               |         5 479 |              0 |
--------------------------------------------------------------------------------
|                                             |               |                |
--------------------------------------------------------------------------------
| Non-current loans on 1 January              |        52 861 |         76 403 |
--------------------------------------------------------------------------------
| Change in non-current loans                 |         3 008 |         -6 228 |
--------------------------------------------------------------------------------
| Non-current loans on 31 March               |        55 869 |         70 175 |
--------------------------------------------------------------------------------
|                                             |               |                |
--------------------------------------------------------------------------------
| Capital loans on 1 January                  |         8 000 |         10 000 |
--------------------------------------------------------------------------------
| Change in capital loans                     |        -2 000 |         -2 000 |
--------------------------------------------------------------------------------
| Capital loans on 31 March                   |         6 000 |          8 000 |
--------------------------------------------------------------------------------
|                                             |               |                |
--------------------------------------------------------------------------------
| Total borrowings on 31 March                |        67 348 |         78 175 |
--------------------------------------------------------------------------------



CHANGES IN FIXED ASSETS                                                         
--------------------------------------------------------------------------------
| EUR 1 000       |    1-3/ |         |    1-3/ |         |   1-12/ |          |
|                 |    2010 |         |    2009 |         |    2009 |          |
--------------------------------------------------------------------------------
|                 | Tangibl | Intangi | Tangibl | Intangi | Tangibl | Intangi- |
|                 |       e |    -ble |       e |    -ble |       e |      ble |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Book value at   |  57 044 |     795 |  62 661 |     855 |  62 661 |      855 |
| the beginning   |         |         |         |         |         |          |
| of the period   |         |         |         |         |         |          |
--------------------------------------------------------------------------------
| Investments     |   1 945 |      16 |     554 |       8 |   4 311 |      143 |
--------------------------------------------------------------------------------
| Decreases       |     -65 |         |         |         |    -161 |          |
--------------------------------------------------------------------------------
| Depreciation    |  -2 367 |     -48 |  -2 543 |     -52 |  -9 955 |     -203 |
| and impairment  |         |         |         |         |         |          |
--------------------------------------------------------------------------------
| Translation     |     859 |         |  -1 578 |      -2 |     188 |          |
| differences and |         |         |         |         |         |          |
| other changes   |         |         |         |         |         |          |
--------------------------------------------------------------------------------
| Book value at   |  57 416 |     763 |  59 094 |     809 |  57 044 |      795 |
| the end of the  |         |         |         |         |         |          |
| period          |         |         |         |         |         |          |
--------------------------------------------------------------------------------



CONTINGENT LIABILITIES                                                          

--------------------------------------------------------------------------------
| EUR 1 000                          |      3/2010 |      3/2009 |     12/2009 |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| FOR OWN DEBT                       |             |             |             |
--------------------------------------------------------------------------------
| Real estate mortgages              |      24 045 |      24 045 |      24 045 |
--------------------------------------------------------------------------------
| Corporate mortgages                |      50 000 |      50 000 |      50 000 |
--------------------------------------------------------------------------------
|                                    |             |             |             |
--------------------------------------------------------------------------------
| OTHER OWN COMMITMENTS              |             |             |             |
--------------------------------------------------------------------------------
| Leasing rents and commitments      |       9 460 |      11 107 |       9 878 |
--------------------------------------------------------------------------------
| Rental liabilities                 |       7 904 |      10 398 |       8 494 |
--------------------------------------------------------------------------------
|                                    |             |             |             |
--------------------------------------------------------------------------------
| GUARANTEE COMMITMENTS              |       1 738 |       1 445 |       1 752 |
--------------------------------------------------------------------------------



NOMINAL AND FAIR VALUES OF DERIVATIVE FINANCIAL INSTRUMENTS                     

--------------------------------------------------------------------------------
| EUR 1 000                          |      3/2010 |      3/2009 |     12/2009 |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| CURRENCY DERIVATIVES               |             |             |             |
--------------------------------------------------------------------------------
| Nominal value                      |       4 739 |       7 830 |       5 637 |
--------------------------------------------------------------------------------
| Fair value                         |         -72 |         -52 |         -27 |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| INTEREST RATE DERIVATIVES          |             |             |             |
--------------------------------------------------------------------------------
| Nominal value                      |      21 500 |      45 500 |      25 833 |
--------------------------------------------------------------------------------
| Fair value                         |        -377 |        -732 |        -448 |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| ELECTRICITY DERIVATIVES            |             |             |             |
--------------------------------------------------------------------------------
| Nominal value                      |       2 124 |       2 451 |       1 292 |
--------------------------------------------------------------------------------
| Fair value                         |        -167 |        -647 |        -120 |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| COMMODITY DERIVATIVES              |             |             |             |
--------------------------------------------------------------------------------
| Nominal value                      |             |         179 |         435 |
--------------------------------------------------------------------------------
| Fair value                         |             |          -3 |          48 |
--------------------------------------------------------------------------------



Helsinki, 22 April 2010                                                         

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-22-04-2010.pdf

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