Kemira Oyj - Company Announcement

PROPOSALS OF THE KEMIRA BOARD OF DIRECTORS TO THE ANNUAL GENERAL MEETING 2008

(Stock Exchange Release)

Kemira Board of Directors will submit the following proposals to the
Annual General Meeting to be held on March 19, 2008:

*          Dividend payment of EUR 0.50 per share
*          Amendment of the Articles of Association
*          The boards share issue authorization
*          The boards share repurchase authorization
*          Election of the auditor

Dividend payment proposal

The Board of Directors proposes to the Annual General Meeting that
a dividend of EUR 0.50 per share be paid based on the adopted balance
sheet for the financial year which ended on December 31, 2007. The
dividend will be paid to a shareholder who is registered in the
Company's Shareholder Register maintained by the Finnish Central
Securities Depository Ltd on the record date, March 26, 2008. The
Board of Directors proposes that the dividend be paid out on April 2,
2008.

Proposal for amendment of Article 4 of the Articles of Association

Since the Managing Director of the Company is called President & CEO,
the Board of Directors proposes that Article 4 of the current
Articles of Association be amended so that references to Finnish
titles "pääjohtaja" (English translation in the current Articles of
Association "Chief Executive Officer") and "varapääjohtaja" (English
translation in the current Articles of Association "Deputy Chief
Executive Officer") shall be deleted.

Proposal for authorizing the Board of Directors to decide on the
repurchase of the Company's own shares

The Board of Directors proposes that the Annual General Meeting
authorizes the Board of Directors to decide upon repurchase of a
maximum of 2,397,515 Company's own shares ("Share repurchase
authorization").

Shares will be repurchased by using unrestricted equity either
through a direct offer with equal terms to all shareholder at a price
determined by the Board of Directors or otherwise than in proportion
to the existing shareholdings of the Company's shareholders in public
trading on the OMX Nordic Exchange Helsinki Oy ("Stock Exchange") at
the market price quoted at the time of the repurchase. Shares shall
be acquired and paid for in accordance with the Rules of Stock
Exchange and the Finnish Central Securities Depository Ltd.

Shares may be repurchased to be used in implementing or financing
mergers and acquisitions, developing the Company's capital structure,
improving the liquidity of the Company's shares or implementing the
Company's share-based incentive plan. In order to realize the
aforementioned purposes the shares acquired may be retained,
transferred further or cancelled by the Company.

The Board of Directors will decide upon other terms related to share
repurchase.


The share repurchase authorization is valid until the end of the next
Annual General Meeting.

Proposal for authorizing the Board of Directors to decide on share
issues

The Board of Directors proposes that the Annual General Meeting
authorizes the Board of Directors to decide to issue a maximum of
12,500,000 new shares and transfer a maximum of 6,252,250 Company's
own shares held by the Company ("Share issue authorization").

The new shares may be issued and the Company's own shares held by the
Company may be transferred either against payment or, as part of the
implementation of the Company's share-based incentive plan, without
payment.

Said new shares may be issued and said Company's own shares held by
the Company may be transferred to the Company's shareholders in
proportion to their current shareholdings in the Company, or through
a directed share issue if the Company has a weighty financial reason
to do so, such as financing or implementing mergers and acquisitions,
developing its capital structure, improving the liquidity of the
Company's shares or if this is justified for the purpose of
implementing the Company's share-based incentive plan. The directed
share issue may be carried out without payment only in connection
with the implementation of the Company's share-based incentive plan.

The subscription price of new shares shall be recognized under
unrestricted equity capital fund. The consideration payable for
Company's own shares shall be recognized under unrestricted equity
capital fund.

The Board of Directors will decide upon other terms related to share
issue.

The share issue authorization is valid until the end of the next
Annual General Meeting.

Election of the auditor

The Audit Committee of the Board of Directors proposes to the Annual
General Meeting that KPMG Oy Ab be elected as the Company's auditor
KHT Pekka Pajamo acting as the principal auditor.

The Annual General Meeting of the Kemira Oyj will be held at Marina
Congress Center, Katajanokanlaituri 6, Helsinki, on March 19, 2007,
at 1:00 pm. The invitation will be published on March 19, 2007 in
Helsingin Sanomat, Kauppalehti and on the Kemira's website
www.kemira.com.



Kemira Oyj
Timo Leppä, Executive Vice President, Group Communications


For more information, please contact

Kemira Oyj
Jukka Hakkila, Secretary of the Board of Directors, tel. +358 (0)10
862 1690
Timo Leppä, Executive Vice President, Group Communications, tel. +358
(0)10 862 1700


www.kemira.com

Attachments:

PROPOSALS OF THE KEMIRA BOARD OF DIRECTORS TO THE ANNUAL GENERAL MEETING 2008