Ahlstrom - Company Announcement

Ahlstrom and Munksjö to complete the combination of Ahlstrom's Label and Processing business in Brazil with Munksjö

Ahlstrom Corporation STOCK EXCHANGE RELEASE November 25, 2013 at 17.30

Not to be distributed in or into Australia, Canada, the Hong Kong special
administrative region of the People's Republic of China, Japan, New Zealand,
South Africa or the United States.

Ahlstrom Corporation (Ahlstrom) and Munksjö Oyj (Munksjö) have today agreed to
complete the combination of Ahlstrom's Label and Processing business in Brazil
(Coated Specialties) with Munksjö. The Boards of Ahlstrom and Munksjö are
expected to formally resolve on the execution of the Coated Specialties demerger
on November 29, 2013 and to notify the execution of the demerger for
registration with the Finnish Trade Register on December 2, 2013.

The demerger is the final step in the process through which Ahlstrom's Label and
Processing business and Munksjö AB are combined.

As part of the Coated Specialties completion, Ahlstrom and Munksjö have agreed
that Ahlstrom is responsible for the detachment process of the real estate in
Jacarei, Brazil, and the transfer of the real estate to Munksjö. The parties
have also agreed on a warranty arrangement covering potential financial
consequences in the event that the real estate transfer to Munksjö could not be
carried out.

In the demerger, the shareholders of Ahlstrom will receive as demerger
consideration 0.265 new shares in Munksjö for each share owned in Ahlstrom. The
number of new shares to be issued as demerger consideration will be determined
based on the shareholding in Ahlstrom and taking into account all trades made,
although not settled, in Ahlstrom's shares by the end of the day when the Boards
of Ahlstrom and Munksjö have resolved on the execution of the demerger, expected
to occur on November 29, 2013.

An estimated amount of 12,363,370 new shares in Munksjö Oyj will be issued as
demerger consideration to Ahlstrom's shareholders in the Coated Specialties
demerger. In case the number of shares received by a shareholder of Ahlstrom as
demerger consideration would be a fractional number, the fractions shall be
rounded down to the nearest whole number. No demerger consideration will be paid
on the basis of own shares held by Ahlstrom.

The new shares to be issued by Munksjö as demerger consideration to Ahlstrom's
shareholders are expected to be registered with the Finnish Trade Register on
December 2, 2013. The new shares carry a right to dividend and other shareholder
rights as from their registration with the Finnish Trade Register.



For more information, please contact:
Liisa Nyyssönen
Vice President, Communications
Tel. +358 10 888 4757

Ahlstrom in brief
Ahlstrom is a high performance fiber-based 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, medical gowns
and drapes, diagnostics, wallcoverings, flooring and food packaging. We have a
leading market position in the businesses in which we operate. In 2012,
Ahlstrom's net sales from the continuing operations (excluding Label and
Processing business) amounted to EUR 1 billion. Our 3,800 employees serve
customers in 24 countries. Ahlstrom's share is quoted on the NASDAQ OMX
Helsinki. More information available at www.ahlstrom.com.



Disclaimer
This document may not be distributed in or into Australia, Canada, the Hong Kong
special administrative region of the People's Republic of China, Japan, New
Zealand, South Africa or the United States. The information contained herein
shall not constitute an offer to sell or the solicitation of an offer to buy the
securities referred to herein in any jurisdiction in which such offer,
solicitation or sale would be unlawful prior to registration, exemption from
registration or qualification under the securities laws of any such
jurisdiction.

This document is not an offer for sale of securities in the United States.
Securities may not be offered or sold in the United States absent registration
or an exemption from registration under the U.S. Securities Act of 1933, as
amended. Ahlstrom Corporation, Munksjö AB and Munksjö Oyj have not registered,
and do not intend to register, any offering of the Munksjö shares in the United
States. There will be no public offering of the Munksjö shares in the United
States.

This document is only being distributed to and is only directed at (i) persons
who are outside the United Kingdom or (ii) to investment professionals falling
within Article 19(5) of the Financial Services and Markets Act 2000 (Financial
Promotion) Order 2005 (the "Order") or (iii) high net worth companies, and other
persons to whom it may lawfully be communicated, falling within Article
49(2)(a) to (d) of the Order or (iv) persons who are members or creditors of the
company to which this communication relates, falling within article 43(2) of the
Order (all such persons in (i), (ii) (iii) and (iv) above together being
referred to as "relevant persons"). Any investment activity to which this
document relates will be only available to and will be engaged in only with,
relevant persons. Any person who is not a relevant person should not act or rely
on this document or any of its contents.


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