Okmetic Oyj - Notice to general meeting

OKMETIC'S ANNUAL GENERAL MEETING TO CONVENE ON 7 APRIL 2010 AT 10 A.M.

OKMETIC OYJ STOCK EXCHANGE RELEASE 11 FEBRUARY 2010 1 P.M.

OKMETIC'S ANNUAL GENERAL MEETING TO CONVENE ON 7 APRIL 2010 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
Wednesday 7 April 2010 at 10.00 a.m. The meeting will be held in the auditorium
of the Finnish Aviation Museum in Vantaa, Finland. The Finnish Aviation Museum
is located at the grounds of the Helsinki-Vantaa International Airport at
Tietotie 3. The registration 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 report of the board of directors and
the auditor's report for the year 2009

Review by the President

7. Adoption of the annual accounts

8. Resolution on the use of the profit shown on the balance sheet and the
payment of dividend

The board of directors has decided to propose to the annual general meeting that
a dividend of 0.05 euro per share be paid. The dividend will be payable to
shareholders who are registered in the shareholder register maintained by the
Euroclear Finland Ltd on the dividend record date, 12 April 2010. The board
proposes that the dividend payments be made on Monday, 19 April 2010.

9. Resolution on the discharge from liability to the members of the board of
directors and the President as well as the Deputy to the President

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

Shareholders, who represent more than 30 percent of all shares and votes of the
company, propose that the remuneration to the members of the board of directors
will be kept unchanged, i.e. as follows: 1) the chairman will receive 34.800
euro per term 2) the vice chairman 26.100 euro per term and 3) other board
members 17.400 euro per term, in addition to which the board members are only
entitled to compensation for expenses associated directly with their work on the
board.



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

Shareholders, who represent more than 30 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 30 percent of all shares and
votes of the company, propose that Mr. Tapani Järvinen, Mr. Pekka Salmi, Mr.
Henri Österlund and Mr. Hannu Martola shall be re-elected and Mr. Esa Lager be
elected as a new board member. The candidates have given their consent to the
appointments.

Okmetic's long-serving vice chairman of the board Mr. Karri Kaitue has announced
that he will not be available for re-election

Mr. Esa Lager, M.Sc (Econ.), LL.M. was born in 1959. He is currently the Chief
Financial Officer (CFO) of Outokumpu-Group and he has been the member of the
Group Executive Committee since 2001. Before that he has been working, among
other things, as corporate treasurer of Outokumpu and in various positions in
the foreign operations of Kansallis Banking Group. Esa Lager is currently the
Vice Chairman of the Board of Olvi Oyj and he has also previously been the
member of the Board of Okmetic Oyj during years 1996-2000 and 2003-2008.

13. Resolution on the remuneration of the auditor

The committee charged with appointing the company auditor proposes
that the external auditor to be elected at the annual general meeting
be reimbursed according to the auditor's reasonable invoice.

14. Election of auditor

The committee charged with appointing the company auditor proposes
that the general meeting decide to re-elect until the end of the next annual
general meeting as the company 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. Proposal by the board of directors to amend the articles of association

The board of directors proposes to the annual general meeting that the following
amendments be made to the articles of association of the company:

- The restrictions regarding the number of shares in the company are removed
from 3 §.
- A clarification that the annual general meeting of shareholders may be held in
addition to the domicile of the Company alternatively in Helsinki or in Espoo is
added to 9 §.
- 10 § is amended so that the notice to the general meeting shall be delivered
no later than three (3) weeks in advance of the general meeting, however always
at least nine (9) days prior to the record date of the general meeting and that
the notice to the general meeting may be delivered to the shareholders by
publishing the notice on the website of the company.

16. Authorising 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 as follows:

The aggregate number of shares repurchased and/or accepted as pledge on the
basis of the authorisation may not exceed 1,688,750 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 can decide the method of repurchasing and/or accepting as
pledge the company's own shares as well as the other terms and conditions.
Derivatives, for example, can be used in the repurchase. Shares can be
repurchased independently of the shareholders' proportional share holdings
(directed repurchase). The authorisation is effective until the following annual
general meeting of shareholders, however, no longer than until 7 October 2011.
The authorisation shall cancel the authorisation granted at the extraordinary
general meeting of 6 November 2008 regarding the repurchase of the company's own
shares.

17. Authorising the board of directors to decide on the issuance of 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 and special rights
entitling to shares according to Chapter 10, section 1 of the Finnish Companies
Act as follows:

The aggregate number of shares issued on the basis of the authorisation may not
exceed 3,377,500 shares, which represents approximately 20 percent of all the
shares of the company.

The board of directors is authorised to decide on all the terms and conditions
of the issuance of shares and special rights entitling to shares. The
authorisation relates to the issuance of new shares. Issuance of shares and
special rights entitling to shares can be carried out as a directed issue.

The authorisation is effective until the following annual general meeting of
shareholders and shall not cancel the authorisation granted at the extraordinary
general meeting of 6 November 2008 regarding the transfer of company's own
shares.

18. Closing of the meeting

B. DOCUMENTS OF THE ANNUAL GENERAL MEETING

The aforementioned 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 report of the board of directors
and the auditor's report, is available on the above-mentioned website and at the
company's head office, address Piitie 2, Vantaa one week before the annual
general meeting. The proposals and the annual accounts are also available at the
meeting. Copies of these documents and of this notice will be sent to
shareholders upon request. The minutes of the meeting will be available on the
above-mentioned website as from 21 April 2010, at the latest.

C. Instructions for the participants in the general meeting

1. The right to participate and registration

Each shareholder, who is registered on the record date of the general meeting,
Wednesday 24 March 2010, in the shareholder 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 shareholder register of the company.

A shareholder, who wants to participate in the general meeting, shall register
for the meeting no later than Wednesday 31 March 2010 at 10.00 a.m. by giving a
prior notice of participation. Such notice can be given:
a) via email at 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
d) in person at the company´s head office at Piitie 2, Vantaa, room 5.1.31
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.

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.

2. Proxy representative and powers of attorney

A shareholder may participate in the general meeting and exercise his/her rights
at the meeting by way 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 before the last date for registration.

3. Holders of nominee registered shares

A holder of nominee registered shares is advised to request without delay
necessary instructions regarding the registration in the shareholder 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 will register a holder
of nominee registered shares, who wants to participate in the general meeting,
to be temporarily entered into the shareholder register of the company no later
than Wednesday 31 March 2010 at 10.00 a.m. Temporary registration into the
shareholder register is deemed as a simultaneous registration for the general
meeting.

Further information on these matters can also be found on the company's website
www.okmetic.com.

4. Other information

On the date of this notice to the general meeting 11 February 2010, the total
number of shares and votes in Okmetic Oyj is 16,887,500.

OKMETIC OYJ

BOARD OF DIRECTORS

For further information, please contact:

Senior Vice President, Finance Esko Sipilä, Okmetic Oyj,
tel. +358 9 5028 0286, email: esko.sipila@okmetic.com

Communications Manager Jenni Laine, Okmetic Oyj,
tel. +358 9 5028 0509, email: jenni.laine@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#1383525]

Attachments:

OKME0710.pdf