Okmetic Oyj - Notice to general meeting

OKMETIC'S ANNUAL GENERAL MEETING TO CONVENE ON 12 APRIL 2012 AT 10 A.M.

OKMETIC OYJ         STOCK EXCHANGE RELEASE   8 FEBRUARY 2012 AT 10.00 A.M.

OKMETIC'S ANNUAL GENERAL MEETING TO CONVENE ON 12 APRIL 2012 AT 10 A.M.

The board of directors of Okmetic Oyj has decided to give notice to the
shareholders of the company to the annual general meeting to be held on Thursday
12 April 2012 at 10.00 a.m. The meeting will be held in the auditorium of
Finnish Aviation Museum in Vantaa, Finland. The Finnish Aviation Museum is
located at the grounds of Helsinki-Vantaa International Airport, address
Tietotie 3, Vantaa. The reception of the persons who have registered for the
meeting and the distribution of voting tickets will commence at 9.30 a.m.

A. MATTERS ON THE AGENDA OF THE GENERAL MEETING

At the general meeting, the following matters will be considered:

1. Opening of the meeting

2. Calling the meeting to order

3. Election of persons to scrutinise 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 annual accounts, the consolidated annual accounts, the
report of the board of directors and the auditor's report for the year 2011

Review by the president

7. Adoption of the annual accounts and consolidated annual accounts

8. Resolution on the use of the profit shown on the balance sheet, the payment
of dividend and authorisation of the board of directors to resolve on
distribution of additional dividend

The board of directors has decided to propose to the annual general meeting that
a dividend of 0.28 euro per share be paid. The dividend will be payable to
shareholders who are registered in the shareholders' register maintained by the
Euroclear Finland Ltd. on the dividend record date, Tuesday 17 April 2012. The
board proposes that the dividend payments be made on Tuesday, 24 April 2012.

Additionally, the board of directors proposes that it be authorised to decide at
its discretion on the payment of a dividend should the company's financial
situation permit this. The additional dividend paid on the basis of the
authorisation, including all possible separate decisions on dividend payment,
may amount up to a maximum of 0.40 euro per share and 15,000,000 euro in total.
Any dividend paid on the basis of the board's decision will be paid to
shareholders who, on the record date determined by the board of directors, are
registered in the shareholders' register maintained by Euroclear Finland Ltd.
The board of directors will decide on the record date for the dividend payout
and on the dividend payment date, which may at the earliest be the fifth banking
day after the record date. The authorisation is proposed to include the right
for the board of directors to decide on all other terms and conditions relating
to the payment of additional dividend. The authorisation is proposed to be valid
until the beginning of the next annual general meeting.

9. Resolution on the of the members of the board of directors and the president
as well as the deputy to the president from liability

10. Resolution on the remuneration of the members of the board of directors

Shareholders, who represent more than 25 percent of all shares and votes of the
company, propose that the remuneration to the members of the board will be
maintained at the current level so that the remuneration is paid as follows: 1)
the chairman of the board 40,000 euro per term 2) the vice chairman of the board
30,000 euro per term and 3) other board members each 20,000 euro per term. The
annual remuneration will be paid in the company's shares and in cash for the
part of taxes. Payment of the remuneration per term will be paid as a one-time
payment on 10 May 2012. The number of remuneration shares shall be determined
according to the closing price of the company's shares on 9 May 2012. In
addition, the board members are entitled to a meeting remuneration, amount of
which is 750 euro/meeting for the chairman of the board and 500 euro/meeting for
board members.

11. Resolution on the number of members of the board of directors

Shareholders, who represent more than 25 percent of all shares and votes of the
company, propose that the general meeting decide to appoint five members to the
board.

12. Election of the members of the board of directors

Shareholders, who represent more than 25 percent of all shares and votes of the
company, propose that Mr. Tapani Järvinen, Mr. Hannu Martola, Ms. Mervi
Paulasto-Kröckel and Mr. Henri Österlund shall be re-elected as board members
and Mr. Mikko Puolakka shall be elected as a new board member, for the term that
ends at the end of the next annual general meeting. The candidates have given
their consent to the appointments.

Mr. Mikko Puolakka, M.Sc. in Economics, was born in 1969. He has been operating
as the CFO of Outotec Oyj Since December 2010. Prior that he has worked as CFO
of Elcoteq SE, Director Finance for Elcoteq's European business, as well as in
various controlling and treasury positions at Huhtamäki Oyj.

13. Resolution on the remuneration of the auditor

The board of directors proposes to the annual general meeting that the auditor
to be elected at the annual general meeting be reimbursed according to the
auditor's reasonable invoice.

14. Election of auditor

The board of directors proposes to the annual general meeting that the annual
general meeting decide to re-elect until the end of the next annual general
meeting as the company's auditors PricewaterhouseCoopers Oy, Authorised Public
Accountants, who have informed that Mr. Mikko Nieminen, Authorised Public
Accountant, shall act as the principal auditor. The candidates have given their
consent to the appointments.

15. Authorisation of the board of directors to decide on the repurchase and/or
the acceptance as pledge of the company's own shares

The board of directors proposes to the annual general meeting that the board of
directors be authorised to decide on repurchase and/or the acceptance as pledge
of the company's own shares in one or more tranches as follows:

The aggregate number of shares repurchased and/or accepted as pledge on the
basis of the authorisation may not exceed 1,728,750 shares, which represents
approximately 10 percent of all the shares of the company. The company and its
subsidiaries together cannot at any time own and/or hold as pledge more than 10
percent of all of the company's registered shares.

Only unrestricted equity can be used to repurchase the company's own shares
under the authorisation. Own shares can be repurchased at a price determined by
public trading on the day of repurchase or at another market-based price.

The board of directors decides on the method of repurchasing and/or accepting as
pledge the company's own shares as well as the other terms and conditions.
Shares can be repurchased otherwise than in the shareholders' proportional
holding of shares (directed repurchase). The authorisation cancels the
authorisation given by the annual general meeting on 7 April 2011 to the board
of directors to decide on the repurchase and/or acceptance as a pledge of the
company's own shares. The authorisation is effective until the next annual
general meeting of shareholders, however, no longer than until 12 October 2013.


16. Authorisation of the board of directors to decide on the issuance of shares,
transfer of the company's own shares as well as the issuance of special rights
entitling to shares

The board of directors proposes to the annual general meeting that the board of
directors be authorised to decide on issuance of shares, transfer of the
company's own shares and issuance of special rights entitling to shares
according to Chapter 10, section 1 of the Finnish Companies Act in one or more
tranches as follows:

The aggregate number of shares issued or transferred on the basis of the
authorisation may not exceed 5,200,000 shares.

The board of directors decides on all the terms and conditions of the issuance
of shares, the transfer of the company's own shares, and the issuance of special
rights entitling to shares according to Chapter 10, section 1 of the Finnish
Companies Act. The authorisation concerns both the issuance of new shares as
well as the transfer of the company's own shares. The issuance of shares, the
transfer of the company's own shares and the issuance of special rights
entitling to shares according to Chapter 10 section 1 of the Finnish Companies
Act may be carried out in deviation from the shareholders' pre-emptive rights
(directed issue).

The authorisation cancels the authorisations given by the annual general meeting
on 7 April 2011 to the board of directors to decide on the transfer of rights to
the company's own shares as well as to decide on the issuance of shares and the
issuance of special rights entitling to shares. The authorisation is effective
until the next annual general meeting, however, no longer than until 12 October
2013.

17. Closing of the meeting

B. DOCUMENTS OF THE ANNUAL GENERAL MEETING

The aforementioned decision proposals relating to the agenda of the general
meeting as well as this notice are available on Okmetic Oyj's website at
http://www.okmetic.com/www/page/investors. The annual report of Okmetic Oyj,
including the company's annual accounts, the consolidated annual accounts, the
report of the board of directors, and the auditor's report, is available on the
above-mentioned website three weeks before the annual general meeting. The
proposals and the annual accounts are also available at the meeting. The minutes
of the meeting will be available on the above-mentioned website as from 26 April
2012, at the latest.

C. INSTRUCTIONS FOR THE PARTICIPANTS IN THE GENERAL MEETING

1. Shareholders registered in the shareholders' register

Each shareholder, who is registered on the record date of the general meeting,
Thursday 29 March 2012, in the shareholders' register of the company held by
Euroclear Finland Ltd., has the right to participate in the 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 marked in the company's shareholders' register, who wants to
participate in the general meeting, shall register for the meeting no later than
on Thursday 5 April 2012 at 12.00 a.m. by giving a prior notice of
participation. The notice of participation has to be received by the
registration deadline. Such notice can be given:

a) by email to shareholders@okmetic.com;
b) by telephone on +358 9 5028 0406;
c) by letter, addressed to Okmetic Oyj Share Register, P.O. Box 44, FI-01301
Vantaa, Finland; or
d) in person at the company's head office at Piitie 2, Vantaa, room 5.1.29
during office hours from Monday to Friday between 8.00 a.m. and 4.00 p.m.

In connection with the registration, a shareholder shall notify 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 a proxy representative. The personal data given to Okmetic Oyj is used
only in connection with the general meeting and with the processing of related
registrations.

A shareholder, his/her representative or proxy representative shall, when
necessary, at the annual general meeting be able to prove his/her indentity
and/or right of presentation.

2. Holders of nominee registered shares

A holder of nominee registered shares has the right to participate in the
general meeting by virtue of such shares, based on which he/she on Thursday 29
March 2012 would be entitled to be registered in the shareholders' register of
the company held by Euroclear Finland Ltd. The right to participate in the
general meeting requires, in addition, that the shareholder on the basis of such
shares has been temporarily registered into the shareholders' register held by
Euroclear Finland Ltd. at the latest by Thursday 5 April 2012, by 10.00 a.m. As
regards nominee registered shares this constitutes as registration for the
general meeting.

A holder of nominee registered shares is advised to request without delay
necessary instructions regarding the registration in the temporary shareholders'
register of the company, the issuing of proxy documents, and registration for
the general meeting from his/her custodian bank. The account management
organisation of the custodian bank shall register a holder of nominee registered
shares, who wants to participate in the general meeting, to be temporarily
entered into the shareholders' register of the company by no later than the time
stated above.

3. Proxy representative and powers of attorney

A shareholder may participate in the general meeting and exercise his/her rights
at the meeting by means 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
general meeting. When a shareholder participates in the general meeting by means
of several proxy representatives representing the shareholder with shares at
different securities 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 in originals to Okmetic Oyj, Share
Register, P.O.Box 44, FI-01301 Vantaa by the registration deadline.

4. Other information

Pursuant to Chapter 5, section 25 of the Companies Act, a shareholder who is
present at the general meeting has the right to request information with respect
to the matters to be considered at the meeting.

On the date of this notice to the general meeting, 8 February 2012, the total
number of shares and votes in Okmetic Oyj is 17,287,500 and the company holds
297,576 of its own shares.

OKMETIC OYJ

BOARD OF DIRECTORS

For further information, please contact:

Senior Vice President, Finance, IT, and Communications Juha Jaatinen, Okmetic
Oyj,
tel. +358 9 5028 0286, email: juha.jaatinen@okmetic.com

Distribution:
NASDAQ OMX Helsinki
Principal Media
www.okmetic.com

OKMETIC IN BRIEF

Take it higher

Okmetic is a technology company which supplies tailor-made silicon wafers for
sensor and semiconductor industries and sells its technological expertise to the
solar cell industry. Okmetic provides its customers with solutions that boost
their competitiveness and profitability.

Okmetic's silicon wafers are part of a further processing chain that produces
end products that improve human interaction and quality of life. Okmetic's
products are based on high-tech expertise that generates added value for
customers, innovative product development and an extremely efficient production
process.

Okmetic has a global customer base and sales network, production plants in
Finland and the US and contract manufacturers in Japan and
China.

Okmetic's shares are listed on NASDAQ OMX Helsinki under the code
OKM1V. For more information on the company, please visit our website at
www.okmetic.com.



[HUG#1583592]

Attachments:

OKME0712.pdf