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

Fri Mar 22, 2013 12:51pm EDT

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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 http://www.ahlstrom.com/ . 


DisclaimerThis 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.


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