Larox Oyj - Decisions of general meeting

RESOLUTIONS OF LAROX CORPORATION ANNUAL GENERAL MEETING OF SHAREHOLDERS

Larox Corporation   Company announcement        26 March 2009 at 2.30 pm        


RESOLUTIONS OF LAROX CORPORATION ANNUAL GENERAL MEETING OF SHAREHOLDERS         

Larox Corporation annual general meeting of shareholders, held at Larox         
Corporation headquarters, address Tukkikatu 1, 53900 Lappeenranta at 12 o'clock 
on Thursday 26 March 2009 handled the matters that belong to the annual general 
meeting of shareholders, adopted the consolidated and parent company financial  
statements for the fiscal year 2008.                                            

PAYMENT OF DIVIDENDS                                                            

The annual general meeting of shareholders decided that based on the confirmed  
balance sheet of the past fiscal year, ended on 31 December 2008, the company   
pays a dividend of EUR 0.30 per share from the distributable retained profits.  
The shareholder, who is registered in the shareholders' registry maintained by  
Euroclear Finland Ltd. (earlier Central Securities Depository Ltd.) on 31 March 
2009, the matching day of dividend payment, is entitled to the dividend. The    
dividends will be paid on 20 May 2009.                                          
Furthermore, the annual general meeting of shareholders authorized              
the Board of Directors to decide within their discretion on the payment of a    
possible additional dividend of EUR 0.20 per share at the maximum, should the   
economic situation of the company allow it. The Board of Directors can decide   
on the dividend in question by 31 December 2009. The possible additional        
dividend based on the decision of the Board of Directors will be paid to the    
shareholder, who is registered in the shareholders' registry maintained by      
Euroclear Finland Ltd. on the matching day of dividend payment. The Board       
of Directors will decide on the matching day of the dividend payment as well    
as the payment day of the dividend.                                             

THE DISCHARGE FROM LIABILITY AND ELECTION OF THE MEMBERS OF THE BOARD OF        
DIRECTORS AND AUDITORS                                                          

The annual general meeting of shareholders discharged from liability the members
of the Board of Directors and the President & CEO for the fiscal year 2008.     

The annual general meeting of shareholders re-elected the following current     
members to the Board of Directors: Mr. Timo Vartiainen, Ms. Katariina Aaltonen, 
Mr. Teppo Taberman, Mr. Thomas Franck and Mr. Matti Ruotsala.                   

The annual general meeting of shareholders elected the auditing society         
PricewaterhouseCoopers Oy as auditors, the primary responsibility resting with  
APA Kim Karhu.                                                                  
Mr. Timo Vartiainen was elected Chairman of the Board of Directors in the       
organizational meeting of the Board of Directors held immediately after the     
annual general meeting of shareholders.                                         

AUTHORIZATION TO THE BOARD OF DIRECTORS TO DECIDE ON THE PURCHASE OF OWN        
B-SERIES SHARES                                                                 

The annual general meeting of shareholders authorized the Board of Directors    
to decide on the purchase of own B-series shares in the following way:          

The number of own B-series shares to be purchased is 500.000 shares at the      
maximum. The Board of Directors can purchase these shares only by using the     
company's unrestricted shareholders' equity in public trading arranged by       
Nasdaq OMX Helsinki Ltd. at fair value at the date of acquisition in a          
proportion not pro rata to the shares owned by the shareholders.                

The authorization is valid for 18 months from the date of the decision by       
the annual meeting of shareholders.                                             

Invitation to the annual general meeting of shareholders was published on       
27 February 2009.                                                               

Lappeenranta on 26 March 2009                                                   

LAROX CORPORATION                                                               
Board of Directors                                                              



For futher information, please contact                                          


Mr. Juha Parkkila                                                               
Corporate Legal Adviser                                                         

Tel. +358 (0) 20 7687368                                                        
Fax  +358 (0) 20 7687277                                                        
Email: juha.parkkila@larox.com                                                  


www.larox.com                                                                   

DISTRIBUTION: Nasdaq OMX Helsinki Ltd., central media                           


Larox develops, designs and manufactures industrial filters and is a leading    
technology company in its field. Larox is a full service solution provider in   
filtration for separating solids from liquids. It supplies comprehensive        
aftermarket services throughout the lifespan of the Larox solution. Companies   
world-wide in mining and metallurgy, chemical processing and related industries 
benefit from the Larox technologies. Larox operates in over 40 countries and has
over 590 employees. Larox Group is headquartered in Lappeenranta, Finland where 
the Group also has production facilities. Net sales in 2008 totaled 208 million 
euros, of which more than 93 % were generated by exports and the company's      
foreign operations.