Larox Oyj - Decisions of general meeting

RESOLUTIONS OF THE LAROX CORPORATION ANNUAL GENERAL MEETING OF SHAREHOLDERS

Larox Corporation annual general meeting of shareholders held on 30 March 2007  
handled the matters of the annual general meeting and approved the financial    
statements of the company and the Group for the year 2006.                      

PAYMENT OF DIVIDENDS                                                            

Based on the proposal of the Board of Directors, the annual general meeting of  
shareholders decided that a dividend of 0.30 euro per share be distributed. The 
matching day for the payment of dividends is 4 April 2007 and the dividends will
be paid on 13 April 2007.                                                       

DISCHARGE OF LIABLITY AND ELECTION OF MEMBERS OF THE BOARD AND AUDITORS         

The members of the Board of Directors and the managing director were discharged 
from liability for the year 2006.                                               

Mr. Timo Vartiainen, Ms. Katariina Aaltonen, Mr. Teppo Taberman, Mr. Thomas     
Franck and Mr. Matti Ruotsala were re-elected to the Board of Directors.        

Larox Corporation annual general meeting of shareholders elected the following  
auditors: APA Kim Karhu and auditing society PricewaterhouseCoopers Oy with     
primary responsibility resting with APA Kaija Leppinen. APA Henrik Sormunen and 
APA Jarmo Alén 
were elected deputy auditors.                                                   

AUTHORIZATION TO THE BOARD OF DIRECTORS TO DECIDE ON REPURCHASE OF SHARES       

The annual general meeting of shareholders decided to authorize the Board of    
Directors to decide on repurchase of shares by using the company's unrestricted 
shareholders' equity. The maximum number of shares in the authorization is      
500.000 Larox Corporation B-series shares.                                      

The shares may be purchased in order to finance or carry out acquisitions       
or other business transactions, in order to develop the company's capital       
structure, to improve the liquidity of the Company's shares, to employee        
incentive plans, to be disposed for other purposes, or to be cancelled.         

The repurchases will be carried out through public trading, whereby the shares  
will be repurchased in another proportion than according to the holdings of the 
shareholders. The repurchase price must be based on the market price of the     
Larox Corporation B share in public trading. The repurchases of shares will be  
carried out at Helsinki Stock Exchange and according to their rules and         
instructions.                                                                   

The Board of Directors cannot realize the authorization of the repurchase of    
shares should the total number of the company's or its subsidiary's own or      
pledged shares exceed 10 per cent of all shares after the purchase.             

The authorization is valid for 18 months from the resolution by the annual      
general meeting of shareholders.                                                

AUTHORIZATION TO THE BOARD OF DIRECTORS TO DECIDE ON SHARE ISSUE, AND/OR STOCK
OPTION RIGHTS OR OTHER SPECIAL RIGHTS THAT ENTITLE TO SHARES 

The annual general meeting of shareholders decided to authorize the Board of    
Directors to decide on shares, stock option rights or special rights referred to
in the Finnish Companies Act chapter 10, paragraph 1 in one or more lots in such
a way that based on the authorization the total maximum number of Larox         
Corporation B-series shares is 500 000. The Board of Directors may decide to    
give either new shares or own shares the company possesses. The authorization   
can be used to finance and to carry out acquisitions or other business          
transactions and the company's investments, employee incentive plans or other   
purposes decided by the Board of Directors.                                     

The authorization includes the right to decide on share issue without a         
subscription price and the right to deviate from the shareholders' subscription 
right according to certain preconditions of the Finnish Companies Act. The      
authorization is valid for five years from the resolution by the annual general 
meeting of shareholders.                                                        

The invitation to the annual general meeting of shareholders was published on 8 
March 2007.                                                                     

Mr. Timo Vartiainen was elected Chairman of the Board of Directors in the       
organizational meeting of the Board of Directors held immediately after the     
annual general meeting of shareholders.                                         

For further information please contact Mr. Timo Vartiainen, Chairman of the     
Board of Directors.                                                             

LAROX CORPORATION                                                               


Timo Vartiainen                                                                 
Chairman of the Board of Directors                                              

Tel. +358 (5) 668 8305, Fax. +358 (5) 668 8277                                  
Email: timo.vartiainen@larox.com                                                

DISTRIBUTION: HELSINKI STOCK EXCHANGE, CENTRAL MEDIA                            
Internet www.larox.com                                                          


Larox develops, designs and manufactures industrial filters and is a leading    
technology company in its field. Larox is a full service solution provider in   
filtration for separating solids from liquids. It supplies comprehensive        
aftermarket services throughout the lifespan of the Larox solution. Companies   
world-wide in mining and metallurgy, chemical processing and related industries 
benefit from the Larox technologies. Larox operates in over 40 countries and has
over 440 employees. Larox Group is headquartered in Lappeenranta, Finland.      
Product factories are located in Lappeenranta and Utrecht, The Netherlands. Net 
sales in 2006 totalled 122.8 million euros, of which more than 95 % were        
generated by exports and the company's foreign operations.