Ahlstrom - Notice to general meeting

Notice of Ahlstrom Corporation's Annual General Meeting

Ahlstrom Corporation STOCK EXCHANGE RELEASE February 1, 2012 at 12.10

Notice is given to the shareholders of Ahlstrom Corporation to the Annual
General Meeting to be held on Wednesday, April 4, 2012 at 1:00 p.m. at the
Finlandia Hall, Mannerheimintie 13 e, Helsinki, Finland (entrance M1 from
Mannerheimintie and K1 from the car park). The reception of persons who have
registered for the meeting and the distribution of voting tickets will commence
at 12.00 a.m. Registration for the meeting is requested to be made no later than
12:45 p.m.

A. Matters on the agenda of the Annual General Meeting

At the Annual General Meeting the following matters will be considered:

 1. Opening of the meeting
 2. Calling the meeting to order
 3. Election of persons to scrutinize the minutes and to supervise the counting
    of votes
 4. Recording the legality of the meeting
 5. Recording the attendance at the meeting and adoption of the list of votes
 6. Presentation of the Financial Statements, the Report of Operations and the
    Auditor's Report for the year 2011
    - Review by the President & CEO
 7. Adoption of the Financial Statements
 8. Resolution on the use of the profit shown on the balance sheet and the
    payment of dividend as well as on the authorization of the Board of
    Directors to resolve on donations.

Upon the recommendation of the Audit Committee, the Board of Directors proposes
that a dividend totaling EUR 1.30 per share be paid: a dividend of EUR 0.87 per
share and an extra dividend of EUR 0.43 per share based on cash generated from
the divestiture of the Home and Personal Business Area. The dividend will be
paid to shareholders registered on the record date, April 11, 2012, in the
Register of Shareholders of the Company held by Euroclear Finland Ltd. The Board
proposes that the dividend be paid on April 18, 2012.

Upon the recommendation of the Audit Committee, the Board of Directors further
proposes that a maximum of EUR 100,000 be reserved to be used for donations at
the discretion of the Board of Directors.

 a. Resolution on the discharge of the members of the Board of Directors and the
    President & CEO from liability
 b. Resolution on the remuneration of the members of the Board of Directors

Upon the recommendation of the Nomination Committee, the Board of Directors
proposes that the remuneration of the Board members remains unchanged, i.e. as
follows: a yearly remuneration of EUR 84,000 be paid to the Chairman, EUR
63,000 to the Vice Chairman and EUR 42,000 to the other Board members. In
addition, the proposed remuneration for attendance at Board meetings is EUR
1,500 per meeting for Board members residing outside Finland. As regards the
permanent Board committees, the proposed remuneration for attendance at
committee meetings is EUR 1,500 per meeting. Travel expenses are reimbursed in
accordance with the Company's travel policy.

 a.

Upon the recommendation of the Nomination Committee, the Board of Directors
proposes that the number of Board members be seven.

 a.

Upon the recommendation of the Nomination Committee, the Board of Directors
proposes that Sebastian Bondestam, Lori J. Cross, Esa Ikäheimonen, Pertti
Korhonen, Anders Moberg and Peter Seligson be re-elected. The current member
Thomas Ahlström, who has been a member of the Board of Directors of Ahlstrom
Corporation since 2007, has informed that he is no longer available for re-
election. Therefore it is proposed that Nathalie Ahlström, born in 1974, be
elected as new member of the Board.

Nathalie Ahlstrom (M.Sc.,Tech) has been working at Huhtamäki Oyj in various
executive positions in corporate strategy and business development as well as
global sourcing since 2005. Previously, she has held several international
expert and managerial positions at Pöyry Consulting Oy in the areas of strategy
as well as mergers and acquisitions serving the specialty paper and packaging
industry. She resides in Singapore.

The Board members are elected for the period ending at the close of the next
Annual General Meeting. All the nominees are considered independent of the
Company and of the significant shareholders of the Company, except for Peter
Seligson, who is not independent of the company's significant shareholder Antti
Ahlström Perilliset Oy, where he is a board member of said company. Peter
Seligson has been a member of the Board of Directors of Ahlstrom Corporation
since 2001. Prior to this, from 1999 to 2001, Mr Seligson was a member of the
Board of Directors of A. Ahlström Corporation, which as a result of a full
demerger was dissolved in 2001. The nominees have given their consent to the
election. CVs of the proposed Board members are available on the website of the
Company (www.ahlstrom.com).

 a.

Upon the recommendation of the Audit Committee, the Board of Directors proposes
that the auditor's remuneration be paid according to invoicing.

 a.

Upon the recommendation of the Audit Committee, the Board of Directors proposes
that PricewaterhouseCoopers Oy be re-elected as Ahlstrom's auditor.
PricewaterhouseCoopers Oy has designated Authorized Public Accountant Eero
Suomela as the Responsible Auditor.

15.  Authorizations to repurchase and distribute the Company's own shares as
well as to accept them as pledge

The Board of Directors proposes that the Annual General Meeting authorizes the
Board of Directors to resolve to repurchase and to distribute the Company's own
shares as well as to accept them as pledge in one or more instalments on the
following conditions:

The number of shares to be repurchased or accepted as pledge by virtue of the
authorization shall not exceed 4,000,000 shares in the Company, yet always
taking into account the limitations set forth in the Companies' Act as regards
the maximum number shares owned by or pledged to the Company or its
subsidiaries. The shares may be repurchased only through public trading at the
prevailing market price by using unrestricted shareholders' equity. The rules
and guidelines of NASDAQ OMX Helsinki Oy and Euroclear Finland Ltd shall be
followed in the repurchase.

The authorization includes the right for the Board of Directors to decide upon
all other terms and conditions for the repurchase of the Company's own shares,
or their acceptance as pledge including the right to decide on the repurchase of
the Company's own shares otherwise than in proportion to the shareholders'
holdings in the Company.

By virtue of the authorization, the Board of Directors has the right to resolve
to distribute a maximum of 4,000,000 own shares held by the Company. The Board
of Directors will be authorized to decide to whom and in which order the own
shares will be distributed. The Board of Directors may decide on the
distribution of the Company's own shares otherwise than in proportion to the
existing pre-emptive right of shareholders to purchase the Company's own shares.
The shares may be used e.g. as consideration in acquisitions and in other
arrangements as well as to implement the Company's share-based incentive plans
in the manner and to the extent decided by the Board of Directors. The Board of
Directors also has the right to decide on the distribution of the shares in
public trading for the purpose of financing possible acquisitions. The
authorization also includes the right for the Board of Directors to resolve on
the sale of the shares accepted as a pledge. The authorization includes the
right for the Board of Directors to resolve upon all other terms and conditions
for the distribution of the shares held by the Company.

The authorizations for the Board of Directors to repurchase the Company's own
shares, to distribute them as well as to accept them as pledge are valid for 18
months from the close of the Annual General Meeting but will, however, expire at
the close of the next Annual General Meeting, at the latest.

Closing of the meeting

B. Documents of the Annual General Meeting

The aforesaid proposals of the Board of Directors relating to the agenda of the
Annual General Meeting as well as this notice are available on the Company's
website at www.ahlstrom.com/agm. The Annual Report of Ahlstrom Corporation,
including the Financial Statements, the Report of Operations and the Auditor's
Report, is available on the above-mentioned website as from March 14, 2012, at
the latest. The proposals of the Board of Directors and the Financial Statements
are also available at the meeting. Copies of these documents 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 18, 2012.

C. Instructions for the participants in the Annual General Meeting

 1. The right to participate and registration

Each shareholder, who is registered on March 23, 2012 in the shareholders'
register of the Company held by Euroclear Finland Ltd., has the right to
participate in the Annual General Meeting. A shareholder, whose shares are
registered on his/her personal Finnish book-entry account, is registered in the
shareholders' register of the Company.

A shareholder, who wishes to participate in the Annual General Meeting, shall
register for the meeting by giving prior notice of participation on March
30, 2012 at 4:00 p.m. at the latest. Such notice can be given:

  * on the Company's website (www.ahlstrom.com/agm) (as from March 12, 2012),
  * by email toyhtiokokous@ahlstrom.com,
  * by mail to Ahlstrom Corporation, AGM, P.O.B. 329, 00101 Helsinki, Finland,
  * by telefax to +358 (0)10 888 4789, or
  * by phone during office hours to +358 (0)10 888 4726 (Armi Jaakkola)

In connection with the registration, a shareholder shall state his/her name,
personal identification number, address, telephone number and the name of a
possible assistant or proxy representative and the personal identification
number of such proxy representative. The personal data given to Ahlstrom
Corporation is used only in connection with the Annual General Meeting and with
the processing of related registrations.

Pursuant to chapter 5, section 25 of the Company's 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.

 a. Proxy representative and powers of attorney

A shareholder may participate in the Annual General Meeting and exercise his/her
rights at the meeting also by way of proxy representation.

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
Annual General Meeting. When a shareholder participates in the Annual General
Meeting by means of several proxy representatives representing the shareholder
with shares at different book-entry accounts, the shares by which each proxy
representative represents the shareholder shall be identified in connection with
the registration for the general meeting.

Possible proxy documents should be delivered to the address above before the
last date of registration. A template for a proxy is available at the Company's
website mentioned above.

 a. Holders of nominee registered shares

A holder of nominee registered shares is advised to request necessary
instructions regarding the registration to be temporarily entered into the
shareholders' register, the issuing of proxy documents and registration for the
Annual General Meeting from his/her custodian bank well in advance.

If a holder of nominee registered shares is entitled to be registered in the
shareholders' register on the record date March 23, 2012, the shareholder may in
accordance with the instructions from his/her custodian bank request to be
temporarily entered into the shareholders' register of the Company in order to
participate in the Annual General Meeting, at the latest on March 30, 2012 at
10.00 a.m. A holder of nominee registered shares is considered to have
registered for the Annual General Meeting if he/she has been temporarily
recorded in the shareholders' register as described above. Further information
on these matters can also be found on the Company's website mentioned above.

 a. Other instructions and information

On the date of this notice to the Annual General Meeting, February 1, 2012, the
total number of shares in Ahlstrom Corporation amounts to 46,670,608 and said
shares have 46,670,608 votes in total.

After the meeting coffee will be served in the lobby of the Finlandia Hall.

Helsinki, February 1, 2012

AHLSTROM CORPORATION
The Board of Directors

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, wallcovers, 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 atwww.ahlstrom.com.


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