Suominen Yhtymä - Company Announcement

Subscription commitments in Suominen's planned share issue have increased to EUR 86.2 million

Tampere, Finland, 2011-09-29 16:10 CEST (GLOBE NEWSWIRE) -- Suominen
Corporation                         Stock exchange release 29 September 2011 at
5.10 p.m. 

Subscription commitments in Suominen's planned share issue have increased to
EUR 86.2 million 

Financing of Suominen Corporation's (Suominen) acquisition of Ahlstrom
Corporation's Home and Personal business area requires a share issue. Relating
to the share issue, the Board of Directors of Suominen has, in addition to the
prior commitments totaling EUR 80,265,000, received written commitments to
subscribe for new shares in Suominen's forthcoming share issue from the
following current shareholders and investors: Pharmacy Pension Fund; Mr Harald
Relander; Foundation for Economic Education; Onninen-sijoitus Oy; Sitra, the
Finnish Innovation Fund; Finnish Cultural Foundation; and AC Invest Two B.V.
The new subscription commitments together with earlier published commitments
total EUR 86,165,000, i.e. the minimum amount of the share issue that has been
agreed on in connection with the acquisition, EUR 85,000,000 or 188,888,889
shares, has been exceeded. 

Further information on the forthcoming share issue will be released around 3
October 2011. 

Suominen has previously published a stock exchange release concerning the
acquisition and the prior subscription commitments on 4 August 2011. 


Tampere, 29 September 2011

Suominen Corporation

Petri Rolig
President and CEO

For additional information, please contact:
Mr. Petri Rolig, President and CEO, tel. +358 (0)10 214 300
Mr. Arto Kiiskinen, Vice President and CFO, tel. +358 (0)10 214 300


Suominen produces high-quality flexible packaging, wet wipes and nonwovens for
industry and the retail sector. The Group is one of Europe's leading
manufacturers in all its business areas, with operations in Finland, Poland,
the Netherlands, and Russia. The Group had net sales of EUR 173 million in 2010
and it employs around 900 people. Suominen is listed on NASDAQ OMX Helsinki.
www.suominen.fi