2008-06-03 09:15:00 CEST

2008-06-03 09:15:07 CEST


REGULATED INFORMATION

English
Ahlstrom - Company Announcement

Ahlstrom broadens its operations in Russia - Glassfiber tissue plant in Tver inaugurates today



Ahlstrom Corporation PRESS RELEASE 3.6.2008

Ahlstrom Corporation, global leader in fiber-based materials, today
celebrates the inauguration of its new glassfiber tissue production
facility in Redkino, Tver Region, Russia. The plant produces
glassfiber tissue for Russian construction and plastic composite
industries and employs initially 80 people. The Tver plant is
Ahlstrom's first fully owned production facility of fiber-based
materials in Russia.

The investment including the plant facility, glassfiber tissue
machine and required infrastructure is worth approximately EUR 40
million. The production capacity of the plant is 250 million square
meters per year, which raises Ahlstrom's total glassfiber tissue
production capacity in Europe to half a billion square meters. The
plant's main product application is cushion vinyl floor coverings and
other applications include wall coverings, laminate surface layers,
building panels, pipe wrapping and bitumen roofing."The Tver operation strengthens our position as a leading developer
and manufacturer of specialty glassfiber tissues. We have a strong
customer base in Russia, which we are now able to serve locally from
the plant. Enhancing our local presence also supports our other
expansion possibilities in Russia, as well as in Eastern Europe,
Middle East and Asia", says Ahlstrom's CEO Risto Anttonen.

Senior Vice President Tommi Björnman, Ahlstrom's Glass Nonwovens
Business Area, sees Russia's glassfiber tissue market as a very
attractive business for Ahlstrom. "The growth in glass fiber tissue
products is between 15% and 40% depending on the end application.
With the Tver plant, we expect to grow our market share in Russia, as
we have the state-of-the art technology and production capacity the
customers are looking for."

Tver plant's General Director Seppo Mustonen stresses that Ahlstrom
brings new jobs to Redkino and stimulates regional economy through
its needs for services and subcontractors. The personnel of the plant
were recruited from Redkino and Tver. All of the 80 new employees
were trained in Karhula plant in Finland. In addition to professional
training, they were trained on security and quality issues and
familiarized with Ahlstrom's business.

Glassfiber tissue products are part of Ahlstrom's growing glass
nonwovens business that comprises approximately 8% of the Group's net
sales. Besides the Tver plant, glassfiber products is manufactured in
Ahlstrom's Finnish plants in Karhula and Mikkeli, and in Bishopville,
South Carolina, the USA.

In addition to the Tver plant, Ahlstrom has a sales office in Moscow
and a minority shareholding in a specialty paper company Troitskaya
in the Kaluga region.

Tver investment milestones

*      Investment decision         March 2006
*      Laying the cornerstone    October 2006
*      Machinery installation      August 2007
*      Operation started            March 2008
*      Inauguration                    June 2008

TVER region in brief

* Located in Central Russia about 160 kilometers from Moscow to St
  Petersburg direction.
* Approximately 1.5 million inhabitants, the biggest town is Tver
  with 400,000 inhabitants.
* Rich stocks of water, timber and land.
* Situated on crossroads of major routes, i.e. it is the junction of
  motor, rail and water transportation, electricity transmission
  lines as well as gas and oil pipelines. The Federal highway Moscow
  - St Petersburg runs via the region.
* The most important sources of livelihood are industry (machine
  engineering, energy, food processing), agribusiness, construction
  industry, retailers and transport.
* In investment climate the Tver Region has raised up to 24th place
  in the ranking of 89 Russian regions.

Further information, please contact:

Ahlstrom Corporation:

Risto Anttonen, CEO, tel. +358 10 888 4166
Tommi Björnman, Senior Vice President, Glass Nonwovens, tel. +358 10
888 2649
Seppo Mustonen, General Director, Tver Plant, tel. +7 (4822) 35 3356
- ext 1-56
www.ahlstrom.com

Distribution
OMX Nordic Exchange Helsinki
Main media
www.ahlstrom.com

Ahlstrom in brief

Ahlstrom is a global leader in the development, manufacture and
marketing of high performance fiber-based materials. Nonwovens and
specialty papers, made by Ahlstrom, are used in a large variety of
everyday products, such as filters, wipes, flooring, labels, and
tapes. Based upon its unique fiber expertise and innovative approach,
the company has a strong market position in several business areas in
which it operates. Ahlstrom's 6,500 employees serve customers via
sales offices and production facilities in more than 20 countries on
six continents. In 2007, Ahlstrom's net sales amounted to EUR 1.8
billion. Ahlstrom's share is listed on the OMX Nordic Exchange
Helsinki. The company website is www.ahlstrom.com.