Rapala VMC Oyj : RAPALA VMC CORPORATION REDEFINES CLASSIFICATION OF BALANCE SHEET ITEMS

 Rapala VMC Oyj : RAPALA VMC CORPORATION REDEFINES CLASSIFICATION OF BALANCE
                                 SHEET ITEMS

Rapala VMC Corporation
Stock Exchange Release
January 4, 2013 at 9:30 a.m.

Rapala VMC Corporation ("the Group") redefines classification of certain
balance sheet items between interest-bearing and non-interest-bearing assets
and liabilities. The change in presentation leads into changes in calculation
of some non-IFRS based key figures. All comparative periods starting from 2011
have been restated and are presented in the table below. Restated annual key
figures 2007-2011 are available at the Group's website www.rapalavmc.com and
will be presented in the financial statement 2012.

                                     Q1/   Q2/   Q3/   Q4/   Q1/   Q2/   Q3/
Published key figures               2011  2011  2011  2011  2012  2012  2012
Capital employed, MEUR *           240.8 232.7 224.5 227.0 249.4 241.3 237.1
Net interest-bearing debt, MEUR *  106.7 103.4  93.9  91.2 107.7  99.9  94.9
Equity-to-assets ratio, % *        41.2% 40.4% 42.2% 43.2% 40.8% 39.9% 43.0%
Return on capital employed, QRT, % 21.0% 22.6%  4.1%  6.3% 17.4% 19.9%  6.3%
Return on capital employed, YTD, % 21.0% 22.0% 16.3% 13.7% 17.4% 18.8% 14.8%
Return on equity, QRT, %           24.1% 24.8%  0.7%  3.2% 21.6% 20.8%  3.8%
Debt-to-equity ratio, MEUR *       79.5% 79.9% 71.8% 67.2% 75.9% 70.6% 66.7%
* End of period
                                     Q1/   Q2/   Q3/   Q4/   Q1/   Q2/   Q3/
Restated key figures                2011  2011  2011  2011  2012  2012  2012
Capital employed, MEUR *           239.2 231.0 224.1 226.9 249.1 240.0 235.3
Net interest-bearing debt, MEUR *  105.1 101.7  93.4  91.1 107.3  98.6  93.0
Equity-to-assets ratio, % *        41.2% 40.4% 42.2% 43.2% 40.8% 39.9% 42.8%
Return on capital employed, QRT, % 21.1% 21.8%  4.0%  6.2% 17.4% 19.0%  6.2%
Return on capital employed, YTD, % 21.1% 22.2% 16.4% 13.8% 17.4% 18.9% 14.8%
Return on equity, QRT, %           24.1% 24.3%  0.7%  3.2% 21.6% 20.4%  3.7%
Debt-to-equity ratio, MEUR *       78.3% 78.6% 71.5% 67.1% 75.7% 69.7% 65.4%
* End of period

RAPALA VMC CORPORATION

Jorma Kasslin
Chief Executive Officer

For further information:
Jussi Ristimäki, Chief Financial Officer, tel. +358 9 7562 540

Distribution: NASDAQ OMX Helsinki and Main Media

Rapala VMC Corporation ("the Group") is  a leading fishing tackle company  and 
the global market leader  in fishing lures, treble  hooks and fishing  related 
knives and tools. The Group also has a strong global position in other fishing
categories and it is one of  the leading distributors of outdoor, hunting  and 
winter sport  products in  the Nordic  countries. The  Group has  the  largest 
distribution network in  the industry. The  main manufacturing facilities  are 
located in Finland, France, Estonia, Russia, China, Indonesia and the UK.  The 
Group brand portfolio includes the leading brand in the industry, Rapala,  and 
other global brands like VMC, Sufix, Storm, Blue Fox, Luhr Jensen, Williamson,
Dynamite Baits, Mora  Ice, StrikeMaster,  Marttiini and  Peltonen. The  Group, 
with net sales of  EUR 279 million in  2011, employs some 2  000 people in  38 
countries. Rapala VMC Corporation's share is  listed and traded on the  NASDAQ 
OMX Helsinki stock exchange since 1998.

Stock Exchange Release

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Source: Rapala VMC Oyj via Thomson Reuters ONE
HUG#1668239
 
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