Ahlstrom - Company Announcement

Correction to previous stock exchange release: Ahlstrom issues EUR 80 million hybrid bond

Ahlstrom Corporation STOCK EXCHANGE RELEASE 09.11.2009


As a correction to the heading of the previous stock exchange release
published on November 9, 2009 at 15.12 EET, Ahlstrom Corporation
announces that it issues EUR 80 million hybrind bond instead of EUR
80 hybrid bond.

Ahlstrom Corporation, a leading supplier of nonwovens and specialty
papers, has resolved to issue a EUR 80 million domestic hybrid bond.
The coupon rate of the bond is 9.50% per annum. The bond has no
maturity but the company may call the bond after four years. The bond
was oversubscribed.



The hybrid bond will strengthen Ahlstrom's capital structure. The
arrangement will also abrogate the impact of the dividend payment
restrictions related to the reduction of the gearing ratio that were
included in the EUR 200 million revolving credit facility agreement
signed in July 2009.



A hybrid bond is an instrument which is subordinated to the company's
other debt obligations and which is treated as equity in the IFRS
financial statements. Hybrid bonds do not confer to their holders the
right to vote at shareholder meetings and do not dilute the holdings
of the current shareholders.



The lead manager of the bond issue was Nordea Markets.


For further information, please contact:

Ahlstrom Corporation

Jan Lång
President & CEO
Tel. +358 10 888 4700

Seppo Parvi
CFO
Tel. +358 10 888 4768


Distribution:
Main media
www.ahlstrom.com


Ahlstrom in brief

Ahlstrom is a global leader in the development, manufacture and
marketing of high performance nonwovens and specialty papers.
Ahlstrom's products are used in a large variety of everyday
applications, such as filters, wipes, flooring, labels, and tapes.
Based upon its unique fiber expertise and innovative approach, the
company has a strong market position in several business areas in
which it operates. Ahlstrom's 6,000 employees serve customers via
sales offices and production facilities in more than 20 countries on
six continents. In 2008, Ahlstrom's net sales amounted to EUR 1.8
billion. Ahlstrom's share is quoted on the NASDAQ OMX Helsinki. The
company website is at www.ahlstrom.com.