Ahlstrom - Decisions of general meeting

Ahlstrom: Decisions taken by Munksjö's Extraordinary General Meeting

Ahlstrom Corporation STOCK EXCHANGE RELEASE January 11, 2016 at 14.35

Ahlstrom: Decisions taken by Munksjö's Extraordinary General Meeting

As announced on November 7, 2016, the Boards of Directors of Ahlstrom and
Munksjö Oyj ("Munksjö") have agreed on combining the two companies through a
statutory absorption merger (the "Merger"). The Merger is expected to be
completed in the beginning of the second quarter of 2017 subject to, among other
things, merger control approvals from relevant competition authorities.

Munksjö has published a stock exchange release regarding the decisions taken by
its Extraordinary General Meeting held in Helsinki today. In accordance with the
proposals of Munksjö's Board of Directors, the Extraordinary General Meeting:
(i) resolved to approve the Merger, including the approval of the merger plan
and the amended Articles of Association of Munksjö, (ii) authorised Munksjö's
Board of Directors to resolve on the payment of funds from Munksjö's reserve for
invested unrestricted equity in the total amount of maximum EUR 0.45 per each
outstanding share in Munksjö prior to the completion of the Merger, and (iii)
resolved on the number, remuneration and election of the members of the Board of
Directors of Munksjö. The changes to the Articles of Association, the number of
members of the Board of Directors, the composition of the Board of Directors and
the remuneration of the Board of Directors will become effective upon the
registration of the execution of the Merger. The release is available at
www.munksjo.com.

Ahlstrom Corporation

Ahlstrom in brief
Ahlstrom provides innovative fiber-based materials with a function in everyday
life. We are committed to growing and creating stakeholder value by proving the
best performing sustainable fiber-based materials. Our products are used in
everyday applications such as filters, medical fabrics, life science and
diagnostics, wallcoverings, tapes, and food and beverage packaging. In 2015,
Ahlstrom's net sales amounted to EUR 1.1 billion. Our 3,300 employees serve
customers in 22 countries. Ahlstrom's share is quoted on the Nasdaq Helsinki.
More information is available at www.ahlstrom.com.

Notice to Shareholders in the United States

The new shares in Munksjö have not been and will not be registered under the
U.S. Securities Act of 1933, as amended (the "Securities Act") or under any of
the applicable securities laws of any state or other jurisdiction of the United
States. The new shares in Munksjö may not be offered or sold, directly or
indirectly, in or into the United States (as defined in Regulation S under the
Securities Act), unless registered under the Securities Act or pursuant to an
exemption from the registration requirements of the Securities Act and in
compliance with any applicable state securities laws of the United States. The
new shares in Munksjö will be offered in the United States in reliance upon the
exemption from the registration requirements of the Securities Act provided by
Rule 802 thereunder.

Munksjö and Ahlstrom are Finnish companies. Information distributed in
connection with the Merger and the related shareholder votes is subject to
disclosure requirements of Finland, which are different from those of the United
States.

It may be difficult for Ahlstrom's shareholders to enforce their rights and any
claim they may have arising under the U.S. federal securities laws in respect of
the Merger, since Munksjö and Ahlstrom are located in non-U.S. jurisdictions,
and all of their officers and directors are residents of non-U.S. jurisdictions.
Ahlstrom's shareholders may not be able to sue Munksjö or Ahlstrom or their
officers or directors in a court in Finland for violations of the U.S.
securities laws. It may be difficult to compel Munksjö and Ahlstrom and their
affiliates to subject themselves to a U.S. court's judgment.


[]