Helsinki 10 December 2013, 07.00 CET/08.00 EET
Sanitec Corporation (“Sanitec” or the “Company”), the leading producer of
bathroom ceramics in Europe, today announces the outcome of the initial public
offering (the “Offering”) of its shares and listing on NASDAQ OMX Stockholm.

The Offering attracted strong interest among Swedish and international
institutional investors as well as Swedish retail investors. The Offering was
over-subscribed several times.

Highlights of the Offering

  · The final offering price per share set at SEK 61, corresponding to an equity
value of Sanitec of SEK 6,100 million
  · The Offering was increased in accordance with the terms of the Offering by
12,173,914 shares, implying that a total of 52,173,914 shares, corresponding to
52.2% of the shares in Sanitec, are being sold by the Company’s sole shareholder
Sofia IV S.à r.l. (the “Selling Shareholder”), indirectly owned by EQT IV (1)
  · In addition, the Selling Shareholder has granted an over-allotment
option (2) of up to 7,826,086 additional shares, representing up to 15.0% of the
total number of shares in the Offering. If the over-allotment option is
exercised in full, the Offering comprises 60,000,000 shares representing 60.0%
of the shares in Sanitec
  · The Offering is valued at SEK 3,183 million assuming that the over-allotment
option is not exercised and SEK 3,660 million assuming that the over-allotment
option is exercised in full
  · Trading in the Sanitec share on NASDAQ OMX Stockholm commences today 10
December 2013 under the symbol “SNTC”

(1) Certain of Sanitec’s previous lenders and members of management and the
Board of Directors currently have a beneficial interest in Sofia LP, the
indirect owner of the Selling Shareholder
(2) The over-allotment option is exercisable on one or more occasions, in whole
or in part, by Nordea and/or UBS Investment Bank, as stabilization managers, for
30 days following the first day of trading of the shares on NASDAQ OMX
Stockholm.

Peter Nilsson, CEO of Sanitec, comments: “We are very proud of the strong
interest we have received from both institutional and retail investors. The
outcome of the Offering confirms that we during the last years have been very
successful in implementing efficiency improvements under the “One Sanitec”
strategy and is also a sign of confidence in our future plans and strategy. We
welcome our around 3,000 new shareholders and look forward to continuing to
develop Sanitec as a publicly listed company”.

Caspar Callerström, Partner at EQT Partners, comments: “We are very pleased with
the outcome of the Offering and the strong shareholder base with well-reputed
Swedish and international institutional investors as well as Swedish retail
investors. We would like to welcome the many new shareholders and look forward
to continuing to support the future development of Sanitec”.

Following completion of the Offering and assuming that the over-allotment option
is exercised in full, the Selling Shareholder will remain the largest
shareholder with approximately 40.0% of the shares in Sanitec. Approximately
3,000 investors have been allocated shares in Sanitec. Approximately 6% of the
shares have been allocated to retail investors, and 94% to institutional
investors.

Nordea and UBS Investment Bank are acting as Joint Global Coordinators and Joint
Bookrunners. Carnegie Investment Bank is acting as Joint Bookrunner and
Handelsbanken Capital Markets is acting as Co-Lead Manager.
For additional information, please contact:

Niklas Alm
Head of Investor Relations
ir@sanitec.com
mob. 46 76 855 7836

Noora Koikkalainen
Head of Corporate Communications
sanitec.corporation@sanitec.com
tel. 358 10 662 5426
About Sanitec
Sanitec is the market leader in bathroom ceramics and a leading supplier of
bathroom fixtures in the Company’s core markets with a unique portfolio of
locally well-established brands. Sanitec has longstanding and stable
relationships with customers, installers and other industrial partners, and
develops sustainable and complete bathroom concepts including bathroom ceramics,
furniture, pre-wall flushing solutions, taps and mixers, as well as baths and
showers. Sanitec’s brands and products represent a high level of innovation and
quality, as well as advanced design that is both functional and attractive.

Sanitec operates an integrated organisation with an unparalleled local presence
to provide the best value to its customers when it comes to bathroom products.
In 2012 net sales amounted to EUR 753 million, and currently Sanitec employs
approximately 6,500 people working in 18 European based production plants and at
the Company’s sales, product management and design and other support offices.
Sanitec’s head office is located in Helsinki, Finland.

For more information about Sanitec and its products, please visit
www.sanitec.com.

________________________________________________________________________________

Copies of this announcement are not being made and may not be distributed or
sent into the United States, Canada, Australia or Japan.

This announcement is not an offer for sale of securities in the United States.
The securities referred to herein may not be sold in the United States absent
registration or an exemption from registration under the U.S. Securities Act of
1933, as amended.  Sanitec Corporation does not intend to register any portion
of the offering of the securities in the United States or to conduct a public
offering of the securities in the United States.

In any EEA Member State, other than Sweden, that has implemented Directive
2003/71/EC as amended (together with any applicable implementing measures in any
member State, the “Prospectus Directive”), this communication is only addressed
to and is only directed at qualified investors in that Member State within the
meaning of the Prospectus Directive. Any investment activity to which this
communication relates will only be available to and will only be engaged with,
qualified investors.

This communication does not constitute an offer of the securities to the public
in the United Kingdom.  No prospectus has been or will be approved in the United
Kingdom in respect of the securities.  This communication is being distributed
to and is directed only at (i) persons who are outside the United Kingdom or
(ii) persons who are investment professionals within the meaning of Article
19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order
2005 (the “Order”) and (iii) high net worth entities, and other persons to whom
it may lawfully be communicated, falling within Article 49(2)(a) to (d) of the
Order (all such persons together being referred to as “Relevant Persons”).  Any
investment activity to which this communication relates will only be available
to and will only be engaged with, Relevant Persons.  Any person who is not a
Relevant Person should not act or rely on this document or any of its contents.