Lännen Tehtaat - Company Announcement

PROPOSALS OF THE BOARD OF DIRECTORS TO THE ANNUAL GENERAL MEETING OF LÄNNEN TEHTAAT PLC

LÄNNEN TEHTAAT PLC     Stock Exchange Release   17 February 2011 at 8.30 a.m.



PROPOSALS OF THE BOARD OF DIRECTORS TO THE ANNUAL GENERAL MEETING OF LÄNNEN
TEHTAAT PLC 



I DIVIDEND



The Board of Directors proposes to the Annual General Meeting that a dividend
of EUR 0.90 per share be paid on the financial year 2010. 



II ELECTION OF THE AUDITOR AND FEES



The Board of Directors' proposes that the auditor's fee be reimbursed according
to invoice approved by the company. 



The Board of Directors proposes that Hannu Pellinen, APA, and
PricewaterhouseCoopers Oy Authorized Public Accountants with Tomi Moisio, APA,
CPFA as responsible auditor, be re-elected as the auditors to the close of the
following Annual General Meeting. 



III AUTHORIZATION FOR SHARE ISSUE AND FOR TRANSFER OF LÄNNEN TEHTAAT SHARES



The Board of Directors proposes that it be given authorization by the AGM to
decide on the issuing of new shares and on the transfer of Lännen Tehtaat
shares held by the company in one or more lots in a share issue, to a total of
no more than 761,757 shares. The maximum number of new shares that can be
issued is 631,757. The share issue authorization covers all the Lännen Tehtaat
shares held by the company on the date of the Board proposal (130,000 shares).
The subscription price for each of the new shares must be at least the nominal
share value of EUR 2. The transfer price for Lännen Tehtaat shares held by the
company must be at least the current value of the share at the time of
transfer, which is determined by the price quoted in public trading on the
NASDAX OMX Helsinki Ltd. However, in the case of share-based incentive systems,
shares can be issued without remuneration. 



The authorization includes the right



- to deviate from the shareholders' pre-emptive subscription right (targeted
issue) if the company has a substantial 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 offer shares not only against money payment but also against capital
consideration in kind or under other specified terms or by exercising right of
set-off; 

- to decide on the subscription price of shares and other conditions of and
matters related to the share issue. 



The authorization is valid until the next AGM. The authorization will revoke
the earlier authorization to issue shares, given on 30 March 2010, and the
authorization to transfer Lännen Tehtaat shares held by the company given on
the same date. 





LÄNNEN TEHTAAT PLC

Board of Directors



For more information, CEO Matti Karppinen, tel. +358 40 8448 692



Distribution:
NASDAQ OMX Helsinki Ltd
Main media

www.lannen.fi