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2016-08-31

Okmetic Oyj: Arbitrator appointed for the redemption proceedings concerning Okmetic's minority shares

OKMETIC OYJ STOCK EXCHANGE RELEASE 31 AUGUST 2016 AT 10.00 A.M.

NOT FOR RELEASE OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART,
IN OR INTO OR TO ANY PERSON LOCATED OR RESIDENT IN THE UNITED STATES, CANADA,
JAPAN, AUSTRALIA, SOUTH AFRICA OR HONG KONG OR IN ANY OTHER JURISDICTION IN
WHICH THE TENDER OFFER OR SUCH RELEASE OR DISTRIBUTION WOULD BE PROHIBITED BY
APPLICABLE LAW OR REQUIRE OFFER DOCUMENTS, REGISTRATION OR OTHER MEASURES IN
ADDITION TO THOSE REQUIRED UNDER FINNISH LAW.

ARBITRATOR APPOINTED FOR THE REDEMPTION PROCEEDINGS CONCERNING OKMETIC'S
MINORITY SHARES

The Redemption Committee of the Finland Chamber of Commerce has appointed an
arbitral tribunal consisting of one arbitrator for the redemption proceedings
concerning the redemption of Okmetic Oyj's ("Okmetic") shares not held by
NSIG Finland S.à r.l. ("NSIG Finland"). The arbitral tribunal comprises
Professor Kari Hoppu.

Okmetic announced on 23 June 2016 that NSIG Finland will initiate arbitration
proceedings as provided in the Finnish Limited Liability Companies Act to
effectuate the redemption of all remaining Okmetic shares held by minority
shareholders. In addition, Okmetic announced on 13 July 2016 that the
District Court of Vantaa appointed with its decision M.Sc. (Econ.) Camilla
Viherlaakso to act as the trustee in the arbitration proceedings.

OKMETIC OYJ

Kai Seikku
President

For further information, please contact:

Kai Seikku, President
Tel. +358 9 5028 0232, e-mail: kai.seikku@okmetic.com

Okmetic supplies tailored, high value-added silicon wafers to be used in the
manufacture of sensors as well as discrete semiconductors and analog
circuits. Okmetic's strategic objective is profitable growth driven by a
product portfolio designed to meet customers' current and future technology
needs. The core of the company's operations is being genuinely close to the
customers and understanding their needs and processes.

Okmetic's global sales network, extensive portfolio of high value-added
products, in-depth knowledge of crystal growing, long-term product
development projects, as well as efficient and flexible production create
prerequisites for achieving the strategic targets. The company's headquarters
is located in Finland, where the majority of the company's silicon wafers is
manufactured. In addition to in-house manufacture, Okmetic has contract
manufacturing in Japan and China. Okmetic's shares are listed on Nasdaq
Helsinki Ltd under the code OKM1V. For more information on the company,
please visit our website at www.okmetic.com.

NSIG is a limited liability company organized under the PRC laws. The
registered office of NSIG is in Shanghai, China.

Established in 2015, NSIG is a China-based holding group that is engaged in
the investment and development of semiconductor materials and equipment
industry with a registered capital of RMB 2 billion (approximately EUR 272
million). NSIG's mission is to establish a major industrial player in the
global semiconductor sector (especially silicon and its ecosystems) through
both PRC domestic investments and outbound mergers and acquisitions.

OKME3416_arbitrator appointed
http://hugin.info/132025/R/2038456/759710.pdf

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This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Okmetic Oyj via Globenewswire

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