Rapala VMC - Notice to general meeting

NOTICE TO CONVENE THE ANNUAL GENERAL MEETING

Rapala VMC Corporation
Stock Exchange Release
March 11, 2010 at 6.00 p.m.



The shareholders of Rapala VMC Corporation are invited to the Annual General
Meeting to be held on Wednesday April 14, 2010 at 12.00 a.m. at the address
Arabiankatu 12, FI-00560 Helsinki, Finland.


A. Matters to be handled by the Annual General Meeting

1.   Opening of the meeting
2.   Calling the meeting to order
3.   Election of persons to confirm the minutes and to supervise the counting of
votes
4.   Recording the legality of the meeting
5.   Adoption of the list of votes
6.   Presentation of the annual accounts, the report of the Board of Directors
and the Auditor's report for the year 2009
7.   Adoption of the annual accounts

8.   Resolution on the use of the profit shown on the balance sheet and the
payment of dividend
The Board of Directors proposes that a dividend of EUR 0.19 per share be paid on
the basis of the adopted balance sheet for the financial year 2009. Dividends
will be paid to shareholders who are registered in the list of shareholders kept
by Euroclear Finland Ltd on the dividend record date April 19, 2010. The date of
payment of dividends is April 26, 2010.

9.   Resolution on the discharge of the members of the Board of Directors and
the CEO from liability

10. Resolution on the remuneration of the members of the Board of Directors
The shareholders will propose that the annual fees of the Board Members be
EUR 30 000 and EUR 60 000 to the Chairman.

11. Resolution on the number of members of the Board of Directors
It has come to the Board of Directors' knowledge that shareholders who represent
over 51 per cent of the company's shares and votes will propose that the number
of the board members be seven.

12. Election of members of the Board of Directors
It has come to the Board of Directors' knowledge that shareholders who represent
over 51 per cent of the company's shares and votes will propose that the current
board members Emmanuel Viellard, Christophe Viellard, Eero Makkonen, Jan-Henrik
Schauman, Jorma Kasslin, William (King Ming) Ng and Marc Speeckaert be
re-elected for a term until the end of the next Annual General Meeting.

13. Resolution on the remuneration of the Auditor

The Board of Directors proposes that the reimbursements to the Auditor be paid
on the basis of invoicing.

14. Election of Auditor
The Board of Directors proposes that Ernst & Young Oy, corporation of Authorised
Public Accountants, be appointed as the company's Auditor for a term until the
end of the next Annual General Meeting.

15. 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 shall authorise
the Board of Directors to resolve on the acquisition of up to 2 000 000 own
shares by using funds in the unrestricted equity taking, however, into account
the provisions of the Finnish Companies Act on the maximum amount of own shares
held by a company. The proposed number of shares corresponds to less than 10 per
cent of all shares in the company. The shares may be repurchased to develop the
company's capital structure. In addition, the shares may be repurchased to
finance or carry out business acquisitions or other arrangements, to settle the
company's equity-based incentive plans, to be transferred for other purposes, or
to be cancelled. The shares may be repurchased in deviation from the proportion
of the shares held by the shareholders. The shares will be repurchased through
public trading arranged by NASDAQ OMX Helsinki Oy at the market price of the
acquisition date. The shares will be acquired and paid in pursuance of the rules
of NASDAQ OMX Helsinki Oy and applicable rules regarding the payment period and
other terms of the payment. It is proposed that the authorisation be effective
until the end of the next Annual General Meeting.

16. Amendment of Articles of Association
The Board of Directors proposes that section 9 of the Articles of Association be
amended in such manner that the notice to the general meeting shall be published
on the company's website and in one national newspaper no earlier than three
months and no later than three weeks prior to the meeting, provided that the
date of the publication must be at least nine days prior to the meeting.

17. Closing of the meeting

B. Documents of the Annual General Meeting

The  proposals of the  Board of Directors  relating to the  agenda of the Annual
General  Meeting, this notice as well as Rapala VMC Corporation's Annual Report,
including  the company's annual  accounts, the report  of the Board of Directors
and  the Auditor's report, are available  on Rapala VMC Corporation's website at
www.rapala.com in the course of week 11. The proposals of the Board of Directors
and  the  annual  accounts  are  also  available  at  the meeting. Copies of the
proposals  of  the  Board  of  Directors  and  of  this  notice  will be sent to
shareholders  upon request. The minutes of the  meeting will be available on the
above-mentioned website as from April 28, 2010.

C. Instructions for the participants in the Annual General Meeting

1.   The right to participate and registration
The right to attend and vote at the Annual General Meeting is afforded to a
shareholder who has been entered as a shareholder in the list of shareholders
kept by Euroclear Finland Ltd by March 31, 2010. A shareholder, whose shares are
registered on his/her personal Finnish book-entry account, is registered in the
shareholder register of the company.

A shareholder who wishes to participate in the Annual General Meeting shall
register for the meeting no later than April 9, 2010 by 4 p.m. either in writing
to the address Rapala VMC Corporation, Arabiankatu 12, FI-00560 Helsinki,
Finland, by telephone on the number +358 9 7562 5436 / Susanne Leppänen, or by
e-mail to susanne.leppanen@rapala.fi. In connection with the registration, a
shareholder shall notify his/her name, address, telephone number and the name of
a possible assistant or proxy representative. The registration shall arrive
before the registration deadline.

Pursuant to chapter 5, section 25 of the Finnish Companies Act, a shareholder
who is present at the Annual General Meeting has the right to request
information with respect to the matters to be considered at the meeting.

2.   Proxy representative and powers of attorney
A shareholder may participate in the Annual General Meeting and exercise his/her
rights  at the meeting  by way of  proxy representation. A  shareholder may have
several  proxy representatives, who represent the shareholder with shares booked
on  different book-entry accounts.  In such case  the shares represented by each
proxy  representative shall be  notified in connection  with the registration. A
proxy  representative shall  produce a  dated proxy  document or  otherwise in a
reliable  manner demonstrate his/her  right to represent  the shareholder at the
meeting. Possible proxy documents should be delivered in originals to Rapala VMC
Corporation,  Arabiankatu  12, FI-00560  Helsinki,  Finland,  by  the end of the
registration period.

3.   Holders of nominee registered shares
A  holder of nominee registered shares and  wishing to participate in the Annual
General  Meeting shall be temporarily registered into the shareholders' register
of  the company kept by Euroclear Finland  Ltd at the latest on April 9, 2010 by
10.00 a.m.  A holder of nominee registered  shares is advised to request without
delay  necessary instructions  regarding the  registration in  the shareholders'
register, the issuing of proxy documents and registration for the Annual General
Meeting from his/her custodian bank.

Other instructions and information

On the date of the Notice to the Annual General Meeting, the total number of
shares and votes in Rapala VMC Corporation is 39.468.449.

In Helsinki on March 11, 2010

RAPALA VMC CORPORATION
Board of Directors


For further information, please contact Olli Aho, Company Counsel, tel: +358
9 7562 540

Distribution: NASDAQ OMX Helsinki and main media

Rapala VMC Corporation is a leading fishing tackle company and the global market
leader  in fishing lures, treble hooks and fishing related knives and tools. The
Group  also has a strong  global position in other  fishing categories and it is
one of the leading distributors of outdoor, hunting and winter sport products in
the  Nordic countries.  The Group  has the  largest distribution  network in the
industry.  The  main  manufacturing  facilities  are located in Finland, France,
Estonia,  Russia and China. The Group brand portfolio includes the leading brand
in the industry, Rapala, and other global brands like VMC, Storm, Blue Fox, Luhr
Jensen,  Williamson, Marttiini and Sufix. The Group,  with net sales of EUR 235
million  in 2009, employs more than 2 000 people in 31 countries. Rapala's share
is listed and traded on the NASDAQ OMX Helsinki stock exchange since 1998.




[HUG#1392967]

Attachments:

Stock_exchange_release_11_3_2010_AGM notice.pdf