HOLDING OF FRANKLIN RESOURCES, INC. IN KEMIRA OYJ BELOW 5 PERCENT

The U.S.–based Franklin Resources, Inc. has informed Kemira Oyj of changes on 13 February 2001 in the holding in Kemira Oyj of shares and pertaining voting rights by Franklin Resources, Inc. and the mutual funds and separate accounts managed by the affiliated investment advisers of Franklin Resources being below 5 percent of Kemira Oyj’s share capital and pertaining voting rights of the company.

The holding was distributed as follows:

                  No of Shares   Proportion of

                                 Share capital 

                                 & Voting 

                                 rights (%) 



Templeton Global 

Advisers Ltd.        1 480 727      1.15 %

Templeton Investment 

Counsel, LLC.          634 389      0.49 %

Franklin Templeton 

Investment Mgmt        281 470      0.22 %

Franklin Templeton 

Investments Corp.      241 800      0.19 %

Total                2 638 386      2.05 %

Holding of voting rights by affiliated advisers of Franklin Resources, Inc. under account management agreements:

                   No. of shares  Share of

                                  voting rights



Franklin Templeton 

Investments Corp.        52 113       0.04 %

Templeton Global 

Advisers Ltd.         2 080 600       1.61 %

Templeton Investment 

Counsel, LLC          1 297 780       1.01 %

Total                 3 430 493       2.66 %