ASSIGNMENT OF WULFF-GROUP'S OWN SHARES – SHARE-BASED INCENTIVE PLAN 2008-2010

WULFF-GROUP PLC STOCK EXCHANGE RELEASE 6 FEBRUARY 2009 AT 9:00 A.M.

ASSIGNMENT OF WULFF-GROUP’S OWN SHARES – SHARE-BASED INCENTIVE PLAN 2008-2010

Wulff-Group’s Board of Directors has confirmed the rewards in the share-based
incentive plan for 2008. The Board has decided to assign 17,913 of the company
shares held by the company without consideration to the recipients of the reward
as the share portion of the incentive. In accordance with the terms of the
share-based incentive plan, 65% of the reward is paid as shares and 35% in cash.
For the 2008 earning period, the recipients of the reward are three persons in
corporate management or other key positions and six persons in sales. The
handover date for the shares is 20 February 2009.

Wulff-Group’s Board of Directors resolved in February 2008 on a share-based
incentive plan for the Group key personnel. The Plan includes three earning
periods which are calendar years 2008, 2009, and 2010. The potential reward from
the Plan for the earning period 2008 is based on achieved results. The potential
reward from the earning period is paid partly as the Company’s shares and partly
in cash in 2009. The rewards to be paid on the basis of the Plan correspond
approximately to the value of a maximum total of 70,000 Wulff-Group Plc shares
(including also the proportion to be paid in cash). There is a maximum of
three-year restriction period for the shares, during which it is prohibited to
transfer the shares. If a key person’s employment or service ends during the
restriction period, he/she must return the shares given as reward to the Company
without compensation.

After handing over these shares, the company holds 11,476 of its own shares.

WULFF-GROUP PLC

Heikki Vienola
CEO

www.wulff-group.com

Further information:

Heikki Vienola, CEO
Tel. +358 9 5259 0050 or +358 50 65 110
e-mail: heikki.vienola@wulff.fi

Sirpa Väisänen, IR Officer
Tel. +358 9 5259 0050 or 0400 943 243
e-mail: sirpa.vaisanen@wulff.fi

Distribution:

NASDAQ OMX Helsinki
www.wulff-group.com
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