ANNUAL GENERAL MEETING OF KEMIRA OYJ

Board of Directors will propose to the AGM that Articles of Assoc. be amended so that major capital expenditures and calling of General Meeting of Shareholders are decided upon by Board of Directors, not Supervisory Board; Board of Directors is authorized to purchase and transfer Company's own shares in payment of incentive compensation and as consideration in acquisitions. Proposed dividend is EUR 0.23/share.

The Supervisory Board of Kemira Oyj has at their meeting on 14 March 2000 decided to notify the shareholders of Kemira Oyj of the Annual General Meeting which is to be held on Tuesday, 11 April 2000 at 4.00 p.m. at the Kemira House, Porkkalankatu 3, Helsinki, Finland.

The Agenda of the Meeting will iclude all items prescribed in the Company's Articles of Association and the proposal of the Board of Directors, with the main content of the proposals being:

- partial amendment to the Articles of Association to change the tasks of the Supervisory Board so that major capital expenditures will be decided upon by the Board of Directors alone except for the opening of main new areas of operations or the complete withdrawal from such operations; and that the Board of Directors is to decide upon the calling of a General Meeting of shareholders; the provision concerning the election of the auditors shall be amended by deleting the mention of a deputy auditor.

- a proposal to authorize the Board of Directors to purchase on Helsinki Exchanges, at the prevailing market price, a total maximum amount of 5,440,000 of the Company's shares, i.e. about 4.2% of the company's total shares outstanding, and to transfer the shares obtained on the basis of this authorization as well as the previous authorization, in a total maximum amount of 6,440,000 shares, i.e. 5% of the company's total shares outstanding, to the personnel funds operating within the Group for the payment of bonuses that may be payable, for the payment of incentive compensation to the company's management staff in lieu of cash, provided that the Supervisory Board/ Board of Directors decides to introduce this kind of incentive compensation system for management staff, as well as for use as consideration in acquisitions. The authorization to purchase the company's own shares and to transfer them shall be in effect for one year from the date of the Annual General Meeting.

The documents concerning the financial statements and the above-mentioned proposals of the Board of Directors, including annexes to them, are available for inspection by shareholders from April 3, 2000 at the company's head office in Helsinki, Porkkalankatu 3.

The Board of Directors has decided to propose to the Annual General Meeting that a dividend of EUR 0.23 per share be paid for the 1999 financial year. The dividend will be paid to a shareholder who is registered in the Shareholder Register kept by Finnish Central Securities Depository Ltd (Suomen Arvopaperikeskus Oy) at the record date. According to the decision of the Board of Directors, the record date for the dividend payout is 14 April 2000. The Board of Directors will propose to the Annual General Meeting that the dividend be paid on April 26, 2000.

The notice of the Annual General Meeting will be published in Helsingin Sanomat and Hufvudstadsbladet on 21 March 2000.