Ahlstrom - Company Announcement

The European Commission extends its review period for the combination of Ahlstrom's Label and Processing business and Munksjö

Ahlstrom Corporation STOCK EXCHANGE RELEASE March 22, 2013 at 18.50 EET

Not for distribution 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.



As previously announced, Ahlstrom and Munksjö submitted a remedy proposal
earlier this week to the European Commission related to the proposed combination
of the Label and Processing business and Munksjö with respect to abrasive
backings and pre-impregnated décor paper businesses. The EU Commission has now
informed the parties that it has extended the review period of the remedy
proposal until June 7, 2013.

Ahlstrom has proposed that the abrasive backings and pre-impregnated décor paper
businesses, including two production lines in Osnabrück, Germany, will be
divested to a third party in order to resolve the competition issues identified
by the Commission.

The approval of the demerger plans by Ahlstrom's Extraordinary General Meeting
of the Shareholders (in November 2012) will expire on May 27, 2013. Due to the
extension of the review period, it is possible that the decision by the EU
Commission will not be received before this date.

If the approval of the demerger of Ahlstrom's Label and Processing business in
Europe expires due to the revised timetable of the EU, a new EGM will be
arranged to decide on the demerger plan of LP Europe. In addition, the same EGM
will decide on the demerger plan regarding Brazil (Coated Specialties) as
previously announced. In case a new EGM is needed, the completion of the LP
Europe demerger will also be postponed to the second half of 2013 like Brazil as
previously announced.

The parties remain committed to complete the transaction and work closely with
the EU Commission to allow the EU to complete its review as quickly as possible.



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 28 countries on six continents. 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 Corporation 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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