Lännen Tehtaat - Company Announcement

PROPOSALS OF THE BOARD OF DIRECTORS TO THE ANNUAL GENERAL MEETING OF LÄNNEN TEHTAAT PLC

LÄNNEN TEHTAAT PLC  STOCK EXCHANGE RELEASE    17 February 2010 at 8;30 a.m.     
PROPOSALS OF THE BOARD OF DIRECTORS TO THE ANNUAL GENERAL MEETING OF LÄNNEN     
TEHTAAT PLC                                                                     


I DIVIDEND                                                                      

The Board of Directors proposes to the Annual General Meeting that a dividend of
EUR 0.76 per share be paid on the financial year 2009.                          


II ELECTION OF THE AUDITOR AND FEES                                             

The Board of Directors' proposes that the auditor's fee be reimbursed according 
to invoice approved by the company.                                             

The Board of Directors proposes that Hannu Pellinen, APA, and PricewaterCoopers 
Oy Authorized Public Accountants with Tomi Moisio, APA, CPFA as responsible     
auditor, be re-elected as the auditors to the close of the following Annual     
General Meeting.                                                                


III AUTHORIZATION FOR SHARE ISSUE AND FOR TRANSFER OF LÄNNEN TEHTAAT SHARES     

The Board of Directors proposes to that it be given authorization by the AGM to 
decide on the issuing of new shares and on the transfer of Lännen Tehtaat shares
held by the company in one or more lots in a share issue, to a total of no more 
than 761,757 shares. The maximum number of new shares that can be issued is     
631,757. The share issue authorization covers all the Lännen Tehtaat shares held
by the company on the date of the Board proposal (130,000 shares).             

The subscription price for each of the new shares must be at least the nominal  
share value of EUR 2. The transfer price for Lännen Tehtaat shares held by the  
company must be at least the current value of the share at the time of transfer,
which is determined by the price quoted in public trading on the NASDAX OMX     
Helsinki Ltd. However, in the case of share-based incentive systems, shares can 
be issued without remuneration.                                                 

The authorization includes the right                                            

- to deviate from the shareholders' pre-emptive subscription right (targeted    
issue) if the company has a substantial financial reason to do so, such as      
development of the company's capital structure, financing and implementing      
corporate acquisitions or other arrangements, or implementing a share-based     
incentive system;                                                               
- to offer shares not only against money payment but also against capital       
consideration in kind or under other specified terms or by exercising right of  
set-off;                                                                        
- to decide on the subscription price of shares and other conditions of and     
matters related to the share issue.                                             
The authorization is valid until the next AGM. The authorization will revoke    
the earlier authorization to issue shares, given on 2 April 2009, and the       
authorization to transfer Lännen Tehtaat shares held by the company given on the
same date.                                                                      



LÄNNEN TEHTAAT PLC                                                              
Board of Directors                                                              

For more information, CEO Matti Karppinen, tel. +358 10 402 4001                
                                                                                
Distribution:                                                                   
NASDAQ OMX Helsinki Ltd                                                         
Main media                                                                      
www.lannen.fi