Lännen Tehtaat - Decisions of general meeting

DECISIONS BY THE ANNUAL GENERAL MEETING OF LÄNNEN TEHTAAT PLC, 31 MARCH 2011

LÄNNEN TEHTAAT PLC      STOCK EXCHANGE RELEASE   31 March 2011 at  5;15 p.m.



The Annual General Meeting on 31 March 2011 approved the parent company's and
consolidated financial statements for the financial year 1 January - 31
December 2010 and discharged the members of the Supervisory Board and the Board
of Directors and the CEO from liability. The AGM decided to distribute a
dividend of EUR 0.90 per share in accordance with the Board proposal. The Board
of Directors' proposals were approved without changes. 

DIVIDEND
The Annual General Meeting decided to distribute as dividend EUR 0.90 per share
on the financial year 2010. The dividend will be paid on 12 April 2011 to
shareholders registered on the company´s register of shareholders kept by
Euroclear Finland Ltd on the record date 5 April 2011. No dividend will be paid
on shares held by the company. 

AUTHORISATION FOR SHARE ISSUE
The Annual General Meeting authorised the Board of Directors to decide on
issuing new shares and on the transfer of Lännen Tehtaat shares held by the
company (share issue). The authorisation covers a maximum total of 761,757
shares, and the maximum number of new shares is 631,757, and the number of
Lännen Tehtaat shares held by the company 130,000. 

The subscription price for each new share shall be at least the share's nominal
value, or EUR 2. The transfer price for Lännen Tehtaat shares held by the
company shall be at least the market value of the share at the time of
transfer, which is determined by the price quoted in public trading on NASDAX
OMX Helsinki Ltd. The Board of Directors will also have the right to issue
shares against consideration other than cash. In the case of share-based
incentive systems, shares could also be issued without consideration. 

The authorisation includes the right
-to deviate from the shareholders' pre-emptive subscription right (targeted
issue) if the company has an important financial reason to do so, such as
development of the company's capital structure, financing and implementing
corporate acquisitions or other arrangements, or implementing a share-based
incentive system; 
- to decide on the subscription price of the shares and other conditions and
matters related to the share issue. 

The authorisation is valid until the next AGM. The authorisation revoked the
earlier authorisation to issue shares, given on 30 March 2010. 

ELECTION OF THE MEMBERS OF THE SUPERVISORY BOARD, THE MEMBERS OF THE 
SUPERVISORY BOARD'S NOMINATION COMMITTEE AND THE AUDITORS 
The AGM confirmed that the Supervisory Board will have 19 members elected by
the AGM. Mika Leikkonen, Marja-Liisa Mikola-Luoto, Tuomo Raininko and Mauno
Ylinen were re-elected to the Supervisory Board. Jaakko Halkilahti and Timo
Miettinen were elected as new members. 

Heikki Laurinen and Tauno Uitto were elected as the members of the Supervisory
Board's Nomination Committee. 

Hannu Pellinen, APA, and PricewaterCoopers Oy Authorised Public Accountants
with Tomi Moisio, APA, CPFA as responsible auditor, were elected as auditors. 

The Annual General Meeting decided that the yearly fee paid to the Supervisory
Board's chairman is EUR 7,500, and to the deputy chairman EUR 5,000. The
meeting allowance paid to the members of the Supervisory Board and the members
of the Supervisory Board´s Nomination Committee is EUR 250. In addition,
compensation for travelling expenses are paid in accordance with the general
travel rules of Lännen Tehtaat plc. The auditors' fees are paid according to an
invoice approved by the company. 

The minutes of the Annual General Meeting will be available on the company's
website, www.lannen.fi/en, as of 14 April 2011. 


LÄNNEN TEHTAAT PLC
Matti Karppinen
CEO

More details: Matti Karppinen, CEO, tel. +358 40 8448 692

Distribution:
NASDAQ OMX Helsinki Ltd
Main media
www.lannen.fi