Ahlstrom - Company Announcement

Ahlstrom to initiate restructuring program aiming at annual cost reductions of EUR 50 million

Ahlstrom Corporation STOCK EXCHANGE RELEASE 29.4.2009

Ahlstrom Corporation, a leading manufacturer of specialty papers and
nonwovens, announces that, in order to adapt its operations to the
challenging market conditions, it will initiate a further
restructuring program with the aim of gaining annual cost reductions
of EUR 50 million with full effect in 2010.

The company will review its underperforming units and the overall
cost structure, which may impact 400-500 Ahlstrom employees globally.
The decisions related to individual actions will be made during 2009
and will be disclosed respectively.

The cost of the program is estimated to be approximately EUR 40
million in 2009, of which 50% will be cash-related.


Further information:

Ahlstrom Corporation

Jan Lång
President & CEO
Tel. +358 (0)10 888 4700

Jari Mäntylä
CFO
Tel. +358 (0)10 888 4768


Distribution:
NASDAQ OMX 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 6,100 employees serve customers via
sales offices and production facilities in more than 20 countries on
six continents. In 2008, Ahlstrom's net sales amounted to EUR 1.8
billion. Ahlstrom's share is quoted on the NASDAQ OMX Helsinki. The
company website is at www.ahlstrom.com.