OLVI PLC          RELEASE April 14, 2003 at 9.00 am   1 (1)

INCREASE OF OLVI SHARE CAPITAL AND LISTING OF NEW SHARES

In the bonus issue approved by the Annual General Meeting of
Shareholders of Olvi Plc on 9 April 2003, 466,532 new K-shares
and 1,950,520 new A-shares have been issued. The nominal value of
the shares is EUR 2. The increase of the share capital, EUR
4,834,104, has been entered into the Trade Register on 14 April
2003. Olvi Plc´s share capital is now EUR 9,668,208 and the total
number of shares is 4,834,104.

The new shares shall be traded in the Helsinki Exchanges as old
shares as of 15 April 2003.

The new shares will entitle to full dividend as of the fiscal
year beginning on 1 January 2003 and to other share-related
rights as of 14 April 2003.

K-shares entitle to 20 votes in the General Meeting of
Shareholders and A-shares entitle to one vote. The shares entitle
to the same dividend rights. The Articles of Association of Olvi
Plc include a redemption clause concerning K-shares.


OLVI PLC

Markku Rönkkö
Managing Director
Phone +358 17 838 5200 or +358 50 65 851


DISTRIBUTION:
Helsinki Exchanges
The main media
http://www.olvi.fi