Rapala VMC - Decisions of general meeting

DECISIONS OF RAPALA'S ANNUAL GENERAL MEETING ON APRIL 11, 2012

Rapala VMC Corporation
Stock Exchange Release
April 11, 2012 at 4:00 p.m.

The  Annual  General  Meeting  of  Rapala  VMC  Corporation (Rapala) adopted the
financial statement of the financial year 2011 and granted release from personal
liability  for the Board of  Directors and the President  for the financial year
that ended on December 31, 2011.

The  proposal concerning  the dividend,  EUR 0.23 per  share, was  approved. The
dividend  will be paid on April 23, 2012 to  each of the shareholders who on the
record date of April 16, 2012 have been entered in the list of shareholders kept
by the Euroclear Finland Ltd.

The meeting approved that there are seven members of the Board of Directors. The
re-elected  members of the Board of Directors were Jorma Kasslin, Eero Makkonen,
Marc Speeckaert, Jan-Henrik Schauman, Christophe Viellard, Emmanuel Viellard and
Isabelle  de Bardies.   The meeting  resolved that  the annual  fee paid to each
Board member is EUR 45 000 and EUR 100 000 to the Chairman of the Board.

Ernst  &  Young  Oy,  Authorised  Public  Accountants, was appointed as Rapala's
auditor.

In  accordance with the Board of Directors' proposal, the Annual General Meeting
authorised  the Board to resolve to repurchase a maximum of 2 000 000 own shares
by  using  funds  in  the  unrestricted  equity.  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.  The authorisation is in force until the end of the next Annual General
Meeting.

In  accordance with the Board of Directors' proposal, the Annual General Meeting
authorised  the Board to decide  on the issuance of  new shares, transfer of the
Company's own shares and the issuance of options and special rights entitling to
shares referred to in Chapter 10 Section 1 of the Companies Act.

The  amount of  new shares  which may  be issued  or transferred by the Board of
Directors by one or several decision shall not exceed 10 000 000 shares. The new
shares  may be issued  and the Company's  own shares may  be transferred against
payment  or without payment. The Board of Directors is furthermore authorized to
issue  options and  special rights  referred to  in Chapter  10 Section 1 of the
Companies  Act for the holder to receive  new shares or the Company's own shares
against  payment. The amount of shares which  may be issued or transferred based
on  the option and special rights are  included in the above mentioned aggregate
numbers of shares.

The  new shares and  the options and  special rights referred  to in Chapter 10
Section  1 of  the  Companies  Act  may  be  issued and the Company's own shares
transferred  to the shareholders in proportion to their current shareholdings in
the  Company or in deviation from the shareholders' pre-emptive rights by way of
a  directed issue if there  is a weighty financial  reason for the Company to do
so.  The deviation from the shareholders'  pre-emptive rights may be carried out
for  example in order  to develop the  Company's capital structure,  in order to
finance  or carry out acquisitions,  investments or other business transactions,
or  in order to use the shares for incentive schemes. A directed share issue may
be  executed without  payment only  if there  is an especially weighty financial
reason  for the Company to do so,  taking the interests of all shareholders into
account.

The  Board of Directors decides on all  other matters related to the issuance of
shares  and special rights entitling to shares referred to in Chapter 10 Section
1 of the Companies Act. The authorization is effective until 31 March 2017.

The Board of Directors of Rapala has on April 11, 2012 elected Emmanuel Viellard
as the Chairman of the Board of Directors.


RAPALA VMC CORPORATION

Jorma Kasslin
Chief Executive Officer


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

Distribution: NASDAQ OMX Helsinki and main media


Rapala VMC Corporation (Rapala) 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, China, Indonesia and the UK. The
Group brand portfolio includes the leading brand in the industry, Rapala, and
other global brands like VMC, Sufix, Storm, Blue Fox, Luhr Jensen, Williamson,
Dynamite Baits, Marttiini and Peltonen. The Group, with net sales of EUR 279
million in 2011, employs some 2 000 people in 37 countries. Rapala's share is
listed and traded on the NASDAQ OMX Helsinki stock exchange since 1998.


[HUG#1601539]

Attachments:

Stock Exchange Release.pdf