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VAAHTO GROUP PLC OYJ STOCK EXCHANGE BULLETIN 20.1.2005 at 12.00

ANTTI VAAHTO, MANAGING DIRECTOR OF STELZER RÜHRTECHNIK INTERNATIONAL GMBH

Antti Vaahto, CEO of Vaahto Group Plc Oyj, the parent company of Vaahto Group, has been appointed Managing Director of Stelzer Rührtechnik International GmbH, a subsidiary of Vaahto Group, starting from January 20, 2005.

Lahti January 20, 2005

VAAHTO GROUP PLC OYJ

Antti Vaahto