Ahlstrom - Prospectus/Announcement of Prospectus

Ahlstrom - publication of the prospectus relating to the share offering of Munksjö Oyj

Ahlstrom Corporation STOCK EXCHANGE RELEASE November 19, 2012 at 08.30

Not to 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.



Ahlstrom, a global leader in high performance fiber-based materials, announces
that a prospectus, consisting of a registration document and summary and
securities note (together the "Prospectus"), related to the share offering of
Munskjö Oyj in connection with demergers of Ahlstrom's Label and Processing
businesses has been published.

The Finnish language Prospectus approved by the Finnish Financial Supervisory
Authority as well as the English language translation will be available on
Ahlstrom's website at www.ahlstrom.com/en/munksjotransaction as of today.

Ahlstrom announced on August 28, 2012, the transaction between Ahlstrom and EQT
concerning the combination of Ahlstrom's Label and Processing business and
Munksjö AB. The execution of the transaction involves the demergers of
Ahlstrom's Label and Processing businesses in Europe ("LP Europe") and Brazil
("Coated Specialties") into Munksjö Oyj, the new company established in Finland
for these purposes, in which demergers Ahlstrom's shareholders will receive
newly issued shares of Munksjö as contribution. Ahlstrom's Board of Directors
has proposed the approval of the demergers to its Extraordinary General Meeting
to be held on November 27, 2012.

The Prospectus will also be available in Finnish and English as of November
19, 2012, on the website of Munksjö AB at www.munksjo.com In addition, the
Prospectus will be available as of November 19, 2012 on the websites of the
joint lead managers at www.danskebank.fi/sijoittajaesitteet, www.seb.fi and
www.nordea.fi/investments.

The Prospectus contains the following previously unpublished information related
to Ahlstrom (terms used in this document will have the meanings assigned to them
in the Prospectus):

Carve-out financial information

The Prospectus contains carve-out financial information with respect to
Ahlstrom's Label and Processing business in Europe and Brazil derived from the
Ahlstrom Group's consolidated financial statements. These carve-out financial
statements have been prepared in accordance with IFRS under consideration of the
principles for determining which assets and liabilities, income and expenses as
well as cash flows are to be assigned to LP Europe and Coated Specialties as
described in the notes to the carve-out financial statements. The carve-out
financial information to be disclosed in the Prospectus includes the following:

1. LP Europe's unaudited interim report for the nine month period ended 30
September 2012;

2. LP Europe's audited carve-out financial statements as at and for the year
ended 31 December 2011 and unaudited carve-out financial statements as at and
for the year ended 31 December 2010 and 2009;

3. Coated Specialties' unaudited interim report for the nine month period ended
30 September 2012; and

4. Coated Specialties' audited carve-out financial statements as at and for the
year ended 31 December 2011 and unaudited carve-out financial statements as at
and for the year ended 31 December 2010 and 2009.

Appendix 1 and 2: LP Europe carve-out financial information as pdf.

Appendix 3 and 4: Coated Specialties carve-out financial information as pdf.



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

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



Ahlstrom in brief
Ahlstrom is a high performance 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, labels 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 net sales
amounted to EUR 1.6 billion. The company's share is quoted on the NASDAQ OMX
Helsinki. More information is available at www.ahlstrom.com.



Munksjö in brief
The Munksjö Group is a speciality paper company producing select materials that
form vital parts of customer design and manufacturing processes. Founded in
1862, Munksjö is among the leading producers in the world of Decor paper,
Electrotechnical paper, Abrasive backing paper and Interleaving paper for
steel. Munksjö's specialty papers enable production of advanced laminate
products in, for example, the flooring and furniture sectors, as well as paper
used in the efficient distribution and utilization of energy. Our three business
areas are Decor, Industrial Applications and Specialty Pulp, with production
facilities in Sweden, France, Germany, Spain and China.

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.


[HUG#1658966]

Attachments:

LP Europe carve-out financial statements.pdf

Coated Specialties carve-out interim report.pdf

Coated Specialties carve-out financial statements.pdf

LP Europe carve-out interim report.pdf