Rapala VMC - Decisions of general meeting

DECISIONS OF RAPALA'S ANNUAL GENERAL MEETING ON APRIL 14, 2010

Rapala VMC Corporation
Stock Exchange Release
April 14, 2010 at 4.00 p.m.


The  Annual  General  Meeting  of  Rapala  VMC  Corporation (Rapala) unanimously
adopted  the financial statement of the  financial year 2009 and granted release
from  personal liability for  the Board of  Directors and the  President for the
financial year that ended on December 31, 2009.

The  proposal concerning  the dividend,  EUR 0.19 per  share, was  approved. The
dividend  will be paid on April 26, 2010 to  each of the shareholders who on the
record date of April 19, 2010 have been entered in the list of shareholders kept
by the Euroclear Finland Ltd.

The meeting approved that there are seven members of the Board of Directors. The
re-elected  members of the Board of Directors were Jorma Kasslin, Eero Makkonen,
Marc Speeckaert, Jan-Henrik Schauman, Christophe Viellard, Emmanuel Viellard and
William  (King Ming) Ng. The  meeting resolved that the  annual fee paid to each
Board member is EUR 30 000 and EUR 60 000 to the Chairman of the Board.

Ernst  &  Young  Oy,  Authorised  Public  Accountants, was appointed as Rapala's
auditor.

In  accordance with the Board of  Directors proposal, the Annual General Meeting
authorised  the Board to resolve to repurchase a maximum of 2 000 000 own shares
by  using  funds  in  the  unrestricted  equity.  The  proposed number of shares
corresponds  to less than 10 per  cent of all shares  in the company. The shares
may  be repurchased to develop the company's capital structure. In addition, the
shares may be repurchased to finance or carry out business acquisitions or other
arrangements,  to  settle  the  company's  equity-based  incentive  plans, to be
transferred  for  other  purposes,  or  to  be  cancelled.  The  shares  may  be
repurchased  in  deviation  from  the  proportion  of  the  shares  held  by the
shareholders.  The shares will be repurchased through public trading arranged by
NASDAQ  OMX Helsinki Oy at the market  price of the acquisition date. The shares
will  be acquired and paid  in pursuance of the  rules of NASDAQ OMX Helsinki Oy
and  applicable  rules  regarding  the  payment  period  and  other terms of the
payment.  The authorisation is in force until the end of the next Annual General
Meeting.

In accordance with the Board of Directors proposal, section 9 of the Articles of
Association  was amended in such  manner that the notice  to the general meeting
shall  be published on  the company's website  and in one  national newspaper no
earlier  than three months and  no later than three  weeks prior to the meeting,
provided  that the date of the publication must be at least nine days before the
record date of General Meeting of Shareholders.

The Board of Directors of Rapala has on April 14, 2010 elected Emmanuel Viellard
as the chairman of the Board of Directors.

RAPALA VMC CORPORATION

Jorma Kasslin
Chief Executive Officer

For  further information,  please contact  Olli Aho,  Company Counsel, tel: +358
9 7562 540
Distribution: NASDAQ OMX Helsinki and main media

Rapala VMC Corporation 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 and China. The Group brand portfolio includes the leading brand
in the industry, Rapala, and other global brands like VMC, Storm, Blue Fox, Luhr
Jensen,  Williamson, Marttiini and Sufix. The Group,  with net sales of EUR 235
million  in 2009, employs more than 2 000 people in 31 countries. Rapala's share
is listed and traded on the NASDAQ OMX Helsinki stock exchange since 1998.


[HUG#1403580]

Liitteet:

Stock exchange release_14_04_2010_AGM.pdf