STOCK EXCHANGE RELEASE June 18, 2007 The Board of Directors of Rapala VMC Corporation ("Rapala") have appointed Mr. Hannu Murtonen and Mr. Tom Mackin as members of the Group's Executive Committee with immediate effect. Hannu Murtonen has been in charge of Rapala's distribution companies in East Europe and from now on he is also in charge of Group distribution companies in Finland, Sweden, Norway, Denmark, Switzerland, Hungary, Thailand, China, South Korea and Malaysia. Tom Mackin is President of Rapala's distribution company in the USA, which is the largest single market for the Group. Other members of the Executive Committee and their responsibilities are as follows: Jorma Kasslin, Chief Executive Officer Jouni Grönroos, Chief Financial Officer Olli Aho, Company Counsel and Investor Relations King Ming (William) Ng, Head of Chinese Manufacturing Operations & Hong Kong Office Juhani Pehkonen, Head of Lure Business Stanislas de Castelnau, Head of Fishing Hook Business and distribution in France"One of the cornerstones in our strategy for profitable growth is the leading distribution network in the industry. These appointments reflect the importance of sales & marketing and distribution to our business," states Jorma Kasslin, CEO of Rapala. RAPALA VMC CORPORATION Jorma Kasslin Chief Executive Officer For further information: Jouni Grönroos, Chief Financial Officer, tel. +358 9 7562 540 Olli Aho, Company Counsel, tel. +358 9 7562 540 Distribution: Helsinki Stock Exchange Main Media Rapala VMC Corporation is a leading fishing tackle company and the global market leader in the fishing lures, treble hooks and fishing related knives and tools. The Group also has a strong global position in other fishing categories. The Group has its own distribution companies in all the main markets and the largest distribution network in the industry. The main manufacturing facilities are located in Finland, France, Estonia and China. The Group brand portfolio includes the leading brand in the industry, Rapala, and other global brands like VMC, Storm, Blue Fox, Luhr Jensen, Williamson and Marttiini. The Group, with net sales of EUR 227 million in 2006, employs more than 4,000 people in 29 countries.