Tamfelt Oyj Abp - Changes board/management/auditors

REIMA KERTTULA TO BECOME TAMFELT´S PRESIDENT & CEO

TAMFELT CORP. STOCK EXCHANGE RELEASE, August 15, 2008 at 10.45 a.m.    1(1)     


REIMA KERTTULA TO BECOME TAMFELT´S PRESIDENT & CEO                              

On August 14, 2008, the Board of Directors of Tamfelt Corp. appointed M.Sc.     
(Eng.) Reima Kerttula, 53, as Tamfelt's new President & CEO. He will take up his
new role on January 1, 2009. Reima Kerttula is presently working at Metso Paper 
as Senior Vice President, Paper and Board Machines and as Plant Manager of the  
Metso's Rautpohja plant.                                                        

Tamfelt's current President & CEO Jyrki Nuutila will retire on January 1, 2009, 
according to an earlier agreement, having turned 60 in spring 2008.             

Reima Kerttula has served Metso and its predecessor companies since 1982. He has
wide experience in various responsibilities and managerial jobs in the paper    
machine business in Finland and abroad, including six years as Senior Vice      
President, Technology at Metso Paper.                                           

Reima Kerttula is also a member of the Senate of the University of Jyväskylä.   

Tamfelt Corp.                                                                   
Board of Directors                                                              


Anne Paloheimo-Seppänen                                                         
Communications Manager                                                          


More information can be given by Chairman Mikael von Frenckell on August 15,    
2008 between 12.00 and 13.00 a.m., tel. +358 500 800 494                        

Tamfelt is a world-leading supplier of technical textiles. The company's main   
products are clothing products for the paper and pulp as well as mining and     
chemical industries.  The Group employs about 1,500 people and its net sales in 
2007 were 167.5 million euro. Founded in 1797, the company is one of the        
pioneers of Finnish industry.