07.01.2008

1. Tulikivi Oyj 07.01.2008

2. Tulikivi Corporation • World’s largest and technically leading soapstone processing company • Global market leader in the production of industrially manufactured heat-retaining fireplaces • One of Europe’s five largest stone processing companies

3. Tulikivi Corporation • Business areas: fireplaces and natural stone products • Net sales ca. 70 Me • Personnel over 600 • 7 production facilities: 2 in Juuka, Suomussalmi, Kuhmo, Taivassalo, Espoo and Heinävesi • Head office in Juuka, North Karelia • Parent company of the corporation Tulikivi Oyj

4. Tulikivi Group’s Factories Tulikivi factory Kermansavi factory

5. Tulikivi Corporation MISSIONTulikivi brings warmth and comfort to your home with high-quality branded products that sit well with your interior decoration. VISIONTulikivi is the leading company specialized in branded heating products and natural stone products for homes in selected market areas. VALUES Courage, Entrepreneurship, Satisfied customer, Fair play.

6. History of Tulikivi 2007 Merger of Kermansavi Oy with Tulikivi Oyj2006 Purchase of Kermansavi Oy2004 Tulikivi finds a remarkable new soapstone deposit in Juuka2003 Purchase of Kivia Oy2003 Merger of Tulikivi Rakennuskivet Oy with Tulikivi Oyj2002 Merger of Mittakivi Oy, Kiantastone Oy and Tulipuu Oy with Tulikivi Oyj2000 Acquisition of Tulikivi Rakennuskivet Oy1999 Building of Suomussalmi factory (Kiantastone Oy), Tulikivi 20 years1994 Tulikivi listed in the Helsinki Stock Exchange1988 First model range for export1987 Mittakivi Oy (custom fireplace factory) was founded1979 Reijo Vauhkonen bought Suomen Vuolukivi OyEnd of 1800: Quarrying is active in the village of Nunnanlahti inJuuka. Soapstone fireplaces were exported to St.Petersburg among others.

7. Fireplaces • The fireplace business comprises quarrying, production, planning, sales and marketing. • Products include soapstone fireplaces, bakeovens, cookstoves, custom-made fireplaces and sauna stoves. Installation is included in the price of the product. • Half of the amount of fireplaces is exported. Export countries are: Germany, Sweden, France, Belgium, Denmark, USA, Estonia, Austria, Russia, Switzerland, Italy, The Netherlands, Ukraine, Latvia, Lithuania, Norway, Luxembourg, Hungary, Kazakhstan.

8. Fireplaces Examples of soapstone fireplaces. Special custom-made export Boulderunit on the left and standard model Valkia+PM001 on the right.

9. Natural Stone Products • Tulikivi's natural stone business comprises the manufacturing • of interior decoration stones for homes and stone deliveries • to construction sites, acquisition of natural stone, sales and • retail, marketing and commodification. • Products are manufactured of soapstone, granite, marble, limestone and other natural stones. • Interior decoration stones are suitable for use in kitchen, bathroom, • tiling of floors, staircases and walls as well as for furnishing surfaces.Landscaping products include eg. tiles, paving and edging stones. • Natural stone business is active in nordic countries.

10. Interior Decoration Stones Examples of natural stone products Azul Cascais –lime stone countertop combined with Cloudy Grey marble mosaic. Cloudy Grey marble mosaic used in a bathroom.

11. 80 70 60 50 40 30 20 10 0 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 Sales Finland Exports

12. Sales By Country 2007 Finland Sweden France Germany Belgium Russia USA Denmark Other countries: Ukraine, Norway, Latvia, the Netherlands, Rumania, Spain, Bulgaria, Lithuania, Kazakhstan Austria Estonia Switzerland Italy Others

13. Thank you! Tulikivi Oyj83900 JUUKA Tel. 0207 636 000 www.tulikivi.com