Ahlstrom - Company Announcement

Ahlstrom updates 2012 outlook following the EGM approval to demerge the Label and Processing business

Ahlstrom Corporation STOCK EXCHANGE RELEASE November 27, 2012 at 14.50

Not for distribution in or into Australia, Canada, the Hong Kong special
administrative region of the People's Republic of China, Japan, New Zealand,
South Africa or the United States.

Ahlstrom, a global high performance fiber-based materials company, updates its
2012 outlook for net sales and operating profit excluding non-recurring items
after the Extraordinary General Meeting of the company approved the demerger of
the Label and Processing  business area.

Ahlstrom's Extraordinary General Meeting of the Shareholders today resolved to
approve the demergers of the Label and Processing business in Europe and the
Coated Specialties business in Brazil according to the respective demerger
plans. Consequently, the Label and Processing business area will be classified
as an asset held for distribution to owners and reported separately as
discontinued operations in the Financial Statements Bulletin 2012.

Ahlstrom's view of the market environment remains unchanged. However, the
outlook is only adjusted to reflect the resolution by the EGM to approve the
demerger of the Label and Processing business area.

Ahlstrom now expects net sales from continuing operations to be EUR 960 -1,040
million and operating profit excluding non-recurring items from continuing
operations to be EUR 22 - 32 million in 2012. Ahlstrom had previously estimated,
including the Label and Processing business area, net sales to be EUR 1,550 -
1,630 million and operating profit excluding non-recurring items to be EUR 48 -
58 million.

The cost structure of the continuing operations has been adjusted with the costs
historically allocated to the discontinued businesses to the extent such costs
will remain with Ahlstrom after the demergers.

Earlier this month, Ahlstrom announced that the company intends to rightsize its
cost base to reflect the future size and scope of the company following the
closing of the Label and Processing transaction. The company aims to achieve a
total of EUR 15 million in cost savings within one year after the closing of the
transaction.

For more information, please contact:
Seppo Parvi
CFO
Tel. +358 10 888 4768

Liisa Nyyssönen
Vice President, Communications
Tel. +358 10 888 4757

Ahlstrom in brief
Ahlstrom is a high performance fiber-based materials company, partnering with
leading businesses around the world to help them stay ahead. Our products are
used in a large variety of everyday applications, such as filters, medical gowns
and drapes, wallcoverings, flooring and food packaging. We have a leading market
position in the businesses in which we operate. Our 5,200 employees serve
customers in 28 countries on six continents. In 2011, Ahlstrom's pro forma net
sales amounted to EUR 1 billion. The company's share is quoted on the NASDAQ OMX
Helsinki. More information is available at www.ahlstrom.com.

Disclaimer
This document may not be distributed in or into Australia, Canada, the Hong Kong
special administrative region of the People's Republic of China, Japan, New
Zealand, South Africa or the United States. The information contained herein
shall not constitute an offer to sell or the solicitation of an offer to buy the
securities referred to herein in any jurisdiction in which such offer,
solicitation or sale would be unlawful prior to registration, exemption from
registration or qualification under the securities laws of any such
jurisdiction.

This document is not an offer for sale of securities in the United States.
Securities may not be offered or sold in the United States absent registration
or an exemption from registration under the U.S. Securities Act of 1933, as
amended. Ahlstrom Corporation, Munksjö AB and Munksjö Corporation have not
registered, and do not intend to register, any offering of the Munksjö shares in
the United States. There will be no public offering of the Munksjö shares in the
United States.

This document is only being distributed to and is only directed at (i) persons
who are outside the United Kingdom or (ii) to investment professionals falling
within Article 19(5) of the Financial Services and Markets Act 2000 (Financial
Promotion) Order 2005 (the "Order") or (iii) high net worth companies, and other
persons to whom it may lawfully be communicated, falling within Article
49(2)(a) to (d) of the Order or (iv) persons who are members or creditors of the
company to which this communication relates, falling within article 43(2) of the
Order (all such persons in (i), (ii) (iii) and (iv) above together being
referred to as "relevant persons"). Any investment activity to which this
document relates will be only available to and will be engaged in only with,
relevant persons. Any person who is not a relevant person should not act or rely
on this document or any of its contents.




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