Ahlstrom Corporation's Extraordinary General Meeting of Shareholders (EGM) was held today on November 27, 2012.

Demerger of the Label and Processing business in Europe

The EGM resolved to approve the demerger concerning the Ahlstrom Group's Label and Processing business in Europe ('LP Europe Demerger') in accordance with the demerger plan.

Upon the execution of the demerger concerning the Label and Processing business in Europe, the shareholders of Ahlstrom Corporation will receive as demerger consideration 0.25 new shares in Munksjö Oyj for each share owned in Ahlstrom Corporation (i.e. the exchange ratio is 4:1). In case the number of shares received by a shareholder of the company as demerger consideration would be a fractional number, the fractions will be rounded down to the nearest whole number. No demerger consideration will be paid on the basis of own shares held by Ahlstrom Corporation.

The completion of the demerger is subject to, among other things, approvals of the competition authorities.

Demerger of the Label and Processing business in Brazil

The EGM resolved to approve the demerger concerning the Ahlstrom Group's Label and Processing business in Brazil ('Coated Specialties Demerger') in accordance with the demerger plan.

Upon execution of the demerger concerning the Label and Processing business in Brazil, the shareholders of Ahlstrom Corporation will receive as demerger consideration 0.265 new shares in Munksjö Oyj for each share owned in Ahlstrom Corporation. In case the number of shares received by a shareholder of the company as demerger consideration would be a fractional number, the fractions will be rounded down to the nearest whole number. No demerger consideration will be paid on the basis of own shares held by Ahlstrom Corporation.

The completion of the demerger is subject to, among other things, certain regulatory approvals in Brazil, including the approval of the Brazilian competition authority (CADE).