Ahlstrom-Munksjö Oyj - Other information disclosed according to the rules of the Exchange

Ahlstrom-Munksjö announces indicative Tender Offer results

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR
INDIRECTLY, IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA, HONG KONG, JAPAN,
NEW ZEALAND, SINGAPORE, SOUTH AFRICA OR SUCH OTHER COUNTRIES OR OTHERWISE IN
SUCH CIRCUMSTANCES IN WHICH THE OFFERING OF THE NEW NOTES (AS DEFINED BELOW),
THE TENDER OFFER (AS DEFINED BELOW) OR THE RELEASE, PUBLICATION OR DISTRIBUTION
WOULD BE UNLAWFUL.

AHLSTROM-MUNKSJÖ STOCK EXCHANGE RELEASE, JUNE 5, 2017 at 8:50 CEST

Ahlstrom-Munksjö Oyj (the “Company”) announces today the indicative results of
the invitation to the holders of its EUR 100 million 4.125 per cent. notes due
September 15, 2019 (ISIN: FI4000108501) (the “2019 Notes”) to tender the 2019
Notes for cash on the terms and conditions set out in the tender offer
memorandum (“Tender Offer Memorandum”) dated May 22, 2017 (the “Tender Offer”).

The Offer Period for the Tender Offer expired at 4:00 p.m. (EET) on June 2, 2017
(the “Expiration Deadline”). At the Expiration Deadline, the aggregate nominal
amount of the 2019 Notes validly tendered by the noteholders for purchase was
EUR 89,160,000.

Pursuant to the terms of the Tender Offer, the Company has reserved the right,
in its sole discretion, to decide on acceptance of the 2019 Notes for purchase,
including not to accept any 2019 Notes for purchase. The acceptance by the
Company of any 2019 Notes for purchase is subject to, without limitation, the
pricing of the issue of new notes (the “New Notes”) and the signing by the Joint
Lead Managers and the Company of an issuance agreement (the “New Issue
Condition”). If the Company chooses to accept the 2019 Notes for tender pursuant
to the Tender Offer, tender instructions will be accepted in full without pro
-ration. The Company expects to announce the final results of the Tender Offer,
and whether the New Issue Condition has been fulfilled or not, as soon as
feasible.

Nordea Bank AB (publ) and Skandinaviska Enskilda Banken AB (publ) act as Dealer
Managers, and Nordea Bank AB (publ), Finnish Branch acts as Tender Agent for the
Tender Offer. Information in respect of the Tender Offer may be obtained from
the Dealer Managers.

Dealer Managers:

Nordea Bank AB (publ), +45 6161 2996,
bibi.larsen@nordea.com/nordealiabilitymanagement@nordea.com

Skandinaviska Enskilda Banken AB (publ), +46 8 506 230 09,
SEBLiabilityManagement@seb.se

Tender Agent:

Nordea Bank AB (publ), Finnish Branch

Important Information

The information contained herein is not for release, publication or
distribution, in whole or in part, directly or indirectly, in or into the United
States, Australia, Canada, Hong Kong, Japan, New Zealand, Singapore, South
Africa or such other countries or otherwise in such circumstances in which the
release, publication or distribution would be unlawful. The information
contained herein does not constitute an offer to sell or the solicitation of an
offer to buy, nor shall there be any sale of, the New Notes 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 communication does not constitute an offer of securities for sale in the
United States. The New Notes have not been and will not be registered under the
U.S. Securities Act of 1933, as amended (the "Securities Act") or under the
applicable securities laws of any state of the United States and may not be
offered or sold, directly or indirectly, within the United States or to, or for
the account or benefit of, U.S. persons except pursuant to an applicable
exemption from, or in a transaction not subject to, the registration
requirements of the Securities Act.

This communication does not constitute an offer of New Notes to the public in
the United Kingdom. No prospectus has been or will be approved in the United
Kingdom in respect of the New Notes. Consequently, this communication is
directed only at (i) persons who are outside the United Kingdom, (ii) persons
who have professional experience in matters relating to investments falling
within Article 19(5) of the Financial Services and Markets Act 2000 (Financial
Promotion) Order 2005 (the "Order"), (iii) high net worth entities falling
within Article 49(2) of the Order and (iv) other persons to whom it may lawfully
be communicated (all such persons together being referred to as "relevant
persons"). In addition, this communication is, in any event only directed at
persons who are "qualified investors" pursuant to the Prospectus Directive
(2003/71/EC, as amended). Any investment activity to which this communication
relates will only be available to, and will only be engaged with, relevant
persons. Any person who is not a relevant person should not act or rely on this
document or any of its contents.

For further information, please contact:
Juho Erkheikki, Investor & Media Relations Manager, tel. +358 50 413 45 83,
juho.erkheikki@ahlstrom-munksjo.com
Ahlstrom-Munksjö in brief
Ahlstrom-Munksjö is a global leader in fiber-based materials, supplying
innovative and sustainable solutions to customers worldwide. Our offerings
include decor paper, filter media, release liners, abrasive backings, nonwovens,
electrotechnical paper, glass fiber materials, food packaging and labeling,
tape, medical fiber materials and solutions for diagnostics. Combined annual net
sales are about EUR 2.15 billion and we employ 6,000 people. The Ahlstrom
-Munksjö share is listed on the Nasdaq Helsinki and Stockholm. The company was
formed on April 1, 2017 through the merger of Ahlstrom Corporation and Munksjö
Oyj. Read more at www.ahlstrom-munksjo.com.