Raute - Company Announcement

RAUTE TO RECEIVE AN ORDER FOR MACHINERY AND EQUIPMENT FOR AN LVL PLANT IN CHINA

RAUTE CORPORATION	STOCK EXCHANGE RELEASE 3 NOVEMBER 2010 at 1:00 p.m.           


RAUTE TO RECEIVE AN ORDER FOR MACHINERY AND EQUIPMENT FOR AN LVL PLANT IN CHINA 

On November 3, 2010, Dalian Kemian Wood Products Co., Ltd published a press     
release concerning an LVL plant to be built in China. The production machinery  
and equipment for the plant will be delivered by Raute Group.                   

Raute and Muling Kemian Wood Products Co. Ltd., a subsidiary of Dalian Kemian   
Wood Products Co., Ltd, have signed contracts worth about EUR 15 million on the 
delivery of machinery and equipment for an LVL plant in Muling, China. The      
contract is not binding, and the order is therefore not yet included in Raute's 
order book. The contract is expected to enter into force in November 2010 once  
the details of the contract have been finalized, as a condition for the contract
to take effect. Raute will publish an announcement when the contract takes      
effect.                                                                         
The current signed contract will not have an impact on Raute's net sales and    
financial performance forecasts for 2010. Net sales for this year will increase 
and operating profit will be positive.                                          


RAUTE CORPORATION                                                               
Tapani Kiiski                                                                   
President and CEO                                                               


FURTHER INFORMATION:                                                            
Mr. Tapani Kiiski, President and CEO, Raute Corporation, tel. +358 3 829 3560,  
mobile +358 400 814 148                                                         

DISTRIBUTION:                                                                   
NASDAQ OMX Helsinki Ltd, main media, www.raute.com                              

RAUTE IN BRIEF:                                                                 
Raute is a technology company serving the wood products industry worldwide. Its 
most important customers are the plywood and LVL industries. Raute is one of the
world's leading suppliers of mill-scale projects to these customer industries.  
The total service concept also includes technology services, with which Raute   
supports its customers throughout the entire life cycle of their investments.   
Raute's head office is located in Nastola, Finland. Its other production plants 
are in the Vancouver area of Canada, in the Shanghai area of China, and in      
Kajaani, Finland. Raute's net sales declined significantly due to the difficult 
market situation in 2009 and equaled EUR 36.6 million. The number of personnel  
at the end of 2009 was 524. More information on the company can be found at:    
www.raute.com.