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

The U.S.–based Franklin Resources, Inc. has informed Kemira Oyj of changes on 30 November 2000 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 exceeding 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.      5,179,600    4.02 %

Templeton Investment 

Counsel, Inc.      1,088,632    0.85 %

Templeton Investment 

Management Ltd. (UK) 156,570    0.12 %



Total              6,424,802    4.99 %

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

                   No. of shares  Share of

                                  voting rights



Templeton Global 

Advisers Ltd.         2,289,200    1.78 %

Templeton Investment 

Counsel, Inc.         1,426,120    1.10 %

Franklin Templeton 

Investments Corp.        73,300    0.06 %



Total                 3,788,620    2.94 %