Tamfelt Oyj Abp - Company Announcement

Notification of redemption right and obligation

TAMFELT CORP. STOCK EXCHANGE RELEASE January 4, 2010 at 2.45 p.m.


NOTIFICATION OF REDEMPTION RIGHT AND OBLIGATION

Tamfelt Corp. announces that it has today, January 4, 2010, received the
following notification from Metso Corporation concerning redemption right and
obligation: 

”Metso Corporation announces to Tamfelt Corp. according to chapter 18 paragraph
2 of the Finnish Companies Act that redemption right and obligation has arisen
according to chapter 18 paragraph 1 of the Finnish Companies Act. 

Metso Corporation's right to redeem the shares of Tamfelt Corp. minority
shareholders has arisen on December 23, 2009 as Metso Corporation's Board of
Directors decided to materialize the share exchange offer on Tamfelt Corp.
shares and stock option rights. As a result, the ownership of the shares
offered to Metso Corporation was transferred to Metso Corporation. Based on the
share exchange offer, Metso Corporation's ownership of Tamfelt Corp. shares and
votes has increased to 98 per cent.” 


Tamfelt Corp.


Reima Kerttula
President and CEO


DISTRIBUTION
NASDAQ OMX Helsinki Ltd
Main media
www.tamfelt.com

Tamfelt is a world-leading supplier of technical textiles. The company's main
products are clothing products for the paper and pulp as well as mining and
chemical industries. The Group employs about 1,350 people and its net sales in
2008 were 165 million euro. Founded in 1797, the company is one of the pioneers
of Finnish industry.