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29/08/2007

Kemira: Notification referred to in chapter 2, section 10 of the Finnish securities market ACT on a change ownership

(Stock Exchange Release)

Kemira Oyj has today received the following notices:

The Republic of Finland has today sold 40.097.420 shares of Kemira Oyj and, as a result, the Republic of Finland´s holding of the share capital and voting rights in Kemira Oyj has decreased to 16,52%. Buyers are Oras Invest Oy, Varma Mutual Pension Insurance Company and Ilmarinen Mutual Pension Insurance Company. Therefore we hereby notify the Finnish Financial Supervision Authority and Kemira Oyj the following:

A. Target company: Kemira Oyj (Business ID number 0109823-0)

B. Date of change in holdings: August 29, 2007

C. Oras Invest Oy´s holding in Kemira Oyj has increased to 15.60%
    - Number of shares: 19.507.020
    - Proportion of share capital: 15.60%
    - Proportion of voting rights: 15.60%

D. The Republic of Finland’s holding in Kemira Oyj has decreased to 16.52%
    - Number of shares: 20.656.500
    - Proportion of share capital: 16.52%
    - Proportion of voting rights: 16.52%

E. Varma Mutual Pension Insurance Company’s holding in Kemira Oyj has increased to 9.6%
    - Number of shares: 12.144.862
    - Proportion of share capital: 9.71%
    - Proportion of voting rights: 9.71%

F. Ilmarinen Mutual Pension Insurance Company´s holding in Kemira Oyj has increased to 5.3%
    - Number of shares: 6.657.796
    - Proportion of share capital: 5.32 %
    - Proportion of voting rights: 5.32 %

G. Kemira Oyj´s share capital comprises 125.045.000 shares that carry a total of 125.045.000 votes.

J. This notice was given by shareholders whose full names are
    - The Republic of Finland
    - Oras Invest Oy, (Business ID number 1908260-8)
    - Varma Mutual Pension Insurance Company (Business ID number 0533297-9)
    - Ilmarinen Mutual Pension Insurance Company (Business ID number 0107638-1)

Kemira Oyj
Timo Leppä, Executive Vice President, Group Communications

For further information, please contact:

Kemira Oyj
Esa Tirkkonen, Deputy CEO, Phone +358 10 862 1500
Timo Leppä, Executive Vice President, Group Communications, Mobile +358 50 301 6800