Larox Oyj - Notice to general meeting

INVITATION TO LAROX CORPORATION ANNUAL GENERAL MEETING OF SHAREHOLDERS

Larox Corporation   Company announcement        19 February 2009 at 2 pm        


INVITATION TO LAROX CORPORATION ANNUAL GENERAL MEETING OF SHAREHOLDERS          

Larox Corporation shareholders are invited to the annual general meeting of     
shareholders to be held at Larox Corporation headquarters, address Tukkikatu 1, 
53900 Lappeenranta at 12 o'clock on Thursday 26 March 2009.                     

A. THE MATTERS TO BE HANDLED IN THE ANNUAL GENERAL MEETING OF SHAREHOLDERS      

1. Opening of the meeting                                                       

2. Calling the meeting to order                                                 
3. Election of person to scrutinize the minutes and to count the                
   votes                                                                        

4. Recording the legality and quorum of the meeting                             

5. Recording the attendance at the meeting, adoption of the list of votes and   
   approval of the proposed agenda                                              

6. Presentation of the Group financial statements, the Annual Report and        
Auditors'                                                                       
   report for the year 2008                                                     

   Review of the President & CEO                                         

7. Adoption of the financial statements                                         

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

The board of directors proposes to the annual general meeting of shareholders a 
dividend of EUR 0.50 per share be paid. Shareholder, who is registered in the   
shareholders' registry maintained by Euroclear Finland Ltd. (earlier Central    
Securities Depository Ltd.) on 31 March 2009, the matching day of dividend      
payment, is entitled to the dividend. The dividends will be paid on 7 April     
2009.                                                                           

9. Resolution on the discharge from liability of the members of the board of    
   directors and the CEO                                                        

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

The shareholders who hold over 50 % of the number of votes the company shares   
give propose to the annual general meeting of shareholders that the following   
remuneration be paid to the members of the board of directors to be elected for 
the past term at the end of the next annual general meeting of shareholders:    

Chairman of the board of directors EUR 8.500 per month                          
Other members of the board of directors EUR 1.700 per month.                    

The same shareholders further propose that the travelling and accommodation     
expenses for the members of the board of directors be compensated according     
to the company's general travel expense compensation rules.                     

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


The shareholders who hold over 50 % of the number of votes the company shares   
give propose to the annual general meeting of shareholders that the confirmed   
number of the members of the board of directors be five (5).                    

12. Election of the members of the Board of Directors                           

The shareholders who hold over 50 % of the number of votes the company shares   
give propose to the annual general meeting of shareholders that the following   
current members of the board of directors be elected to the board of directors  
for the term, which ends after the next annual general meeting of shareholders: 
Mr. Timo Vartiainen, Ms. Katariina Aaltonen, Mr. Teppo Taberman, Mr. Thomas     
Franck and                                                                      
Mr. Matti Ruotsala.                                                             


13. Resolution on the remuneration of the auditors                              

The shareholders who hold over 50 % of the number of votes the company shares   
give propose to the annual general meeting of shareholders that the remuneration
to the auditors be paid based on their invoice.                                 

14. Election of auditor                                                         

The shareholders who hold over 50 % of the number of votes the company shares   
give propose to the annual general meeting of shareholders that the auditing    
society PricewaterhouseCoopers Oy be elected as auditors and APA Kim Karhu with 
the main responsibility for the audit.                                          

15. Authorization to the Board of Directors to decide on the purchase of own    
    B-series shares                                                             

The board of directors propose to the annual general meeting of shareholders    
that                                                                            
the annual general meeting of shareholders authorize the board of directors to  
decide on the purchase of own B-series shares in the following way:             

The number of own B-series shares to be purchased is 500.000 shares at the      
maximum. The board of directors can purchase these shares only by using the     
company's unrestricted shareholders' equity in public trading arranged by Nasdaq
OMX Helsinki Ltd. at fair value at the date of acquisition in a proportion not  
pro rata to the shares owned by the shareholders.                               

The authorization is valid for 18 months from the date of the decision by the   
annual meeting of shareholders.                                                 

16. Possible other issues to be presented to the annual general meeting of      
shareholders                                                                    

17. Closing of the meeting                                                      

B. DOCUMENTS                                                                    

The copies of the financial statements and the proposals by the board of        
directors are available to the shareholders one week before the meeting at Larox
Corporation headquarters and 21 days before the meeting at the minimum on the   
company's web pages www.larox.com/investors/governance. Copies of these         
documents are available to the shareholders on request.                         

The minutes of the annual general meeting will be at the company's web pages in 
two weeks' time at the latest from the annul general meeting of shareholders.   

C. INSTRUCTIONS TO THE PARTICIPANTS IN THE ANNUAL GENERAL MEETING OF            
SHAREHOLDERS                                                                    

1.  Right to participate and notification                                       

Shareholders who are registered as shareholders in the shareholders' register   
maintained by Euroclear Finland Ltd. on 16 March 2009 have the right to         
participate in the annual general meeting of shareholders. The shareholder whose
shares have been registered on his/her personal book-entry account, has been    
registered in the  company's shareholders' register.                            

Shareholders who wish to participate in the annual general meeting of           
shareholders must notify the company no later than 18 March 2009 at 2 p.m.      
Notification can be made in writing to Larox Corporation, P.O. Box 29, 53101    
Lappeenranta, by phone +358 20 7687 200, fax +358 20 7687 277 or email to       
tuula.poutanen@larox.com                                                        

The shareholder who participates in the annual general meeting of shareholders  
has a right to ask questions based on the Companies' Act on matters to be       
handled in the meeting.                                                         

2. Using a representative and powers of attorney                                

The shareholder has the right to participate in the annual general meeting of   
shareholders and use his/her rights through a representative. The representative
must represent a dated power of attorney or otherwise prove his authorization by
reliable means.                                                                 

Original powers of attorney are requested to be sent by the notification time to
Larox Corporation, P.O. Box 29, 53101 Lappeenranta                              

3. Administratively registered shares                                           

The shareholders of administratively registered shares who wish to participate  
in the annual general meeting of shareholders must be registered in the         
shareholders' register on the matching day 16 March 2009.                       

It is recommended that the shareholder of administratively registered shares    
find out from his/her administrator the necessary instructions regarding the    
registering, giving powers of attorney and participation in the annual general  
meeting of shareholders.                                                        

4. Other information                                                            

Larox Corporation has on the date of this invitation on 19 February 2009 a total
of 2.124.000 A-series shares, which represent a total of 42.480.000 votes and   
7.257.600 B-series shares, which represent a total of 7.257.600 votes.          


Lappeenranta on 19 February 2009                                                

LAROX CORPORATION                                                               
Board of Directors                                                              


www.larox.com                                                                   

DISTRIBUTION: Nasdaq OMX Helsinki Ltd., central media                           


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 590 employees. Larox Group is headquartered in Lappeenranta, Finland where 
the Group also has production facilities. Net sales in 2008 totaled 208 million 
euros, of which more than 93 % were generated by exports and the company's      
foreign operations.