Kasola Oyj - Company Announcement

DEMAND FOR AN EXTRAORDINARY GENERAL MEETING OF SHAREHOLDERS

Kasola Plc 	 STOCK EXCHANGE RELEASE 22 NOVEMBER 2007                            


DEMAND FOR AN EXTRAORDINARY GENERAL MEETING OF SHAREHOLDERS                     

John Nurminen Ltd and certain major shareholders of Kasola Plc, controlling a   
total of approximately 59.63 per cent of the shares of the company, have by a   
written notice demanded that an Extraordinary General Meeting of Kasola Plc be  
convened to decide on the amount of members of the Board of Directors of Kasola 
Plc and the appointment of a new Board of Directors. The purpose of the notice  
is to appoint a new Board of Directors, the term of which is to commence without
delay after the implementation of the full demerger of John Nurminen Ltd        
according to the general agreement signed between John Nurminen Ltd, the major  
shareholders of Kasola Plc and for some parts, Kasola Plc on 7 September 2007,  
for the company. The estimated date of the implementation is 1 January 2008.    

According to the notice, the new Board of Directors is proposed to include at   
least the current members of the Board of Directors of John Nurminen Ltd Juha   
Nurminen, Matti Lainema, Matti Packalén, Rolf Saxberg and Olli Pohjanvirta. The 
aforementioned persons have given their approval for the appointment.           

According to Chapter 5 Section 4 of the Limited Liability Companies Act an      
Extraordinary General Meeting shall be held if shareholders with a total of one 
tenth of all shares or a smaller proportion as provided in the Articles of      
Association, so demand in writing in order for a given matter to be dealt with. 
In a public company the notice shall be delivered within one month of the       
arrival of the demand.                                                          

                                                                                
KASOLA PLC                                                                      

Tapani Väljä                                                                    
Managing Director                                                               
                                                                                

Further information:                                                            
                                                                                
Tapani Väljä                                                                    
Managing Director                                                               
                                                                                
Kasola Plc                                                                      
telephone 0400-505 078                                                          
                                                                                
email: tapanivalja.kasola@kaso.fi                                               
www.kasola.fi                                                                   


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