(Stock Exchange Release)
The Government of Finland as a shareholder of Kemira Oyj has
requested the Board of Directors of Kemira Oyj to convene an
Extraordinary General Meeting to decide on the election of the Board
of Directors and dissolution of the Supervisory Board and related
amendments to the Articles of Association.
Based on the request made to the Board of Directors of Kemira Oyj,
the shareholders of Kemira Oyj are invited to an Extraordinary
General Meeting to be held on Thursday, October 4, 2007 at 1:00 pm in
Hotel Scandic Continental, Mannerheimintie 46, Helsinki, Finland.
Registration of persons who have given notification to attend the
meeting will begin at noon.
Notice of Extraordinary General Meeting will be published in
Helsingin Sanomat and in Kauppalehti on September 13, 2007.
Matters to be dealt with at the meeting:
1. Election of the Board of Directors
2. Dissolution of the Supervisory Board and amending the Articles of
Association as follows:
1. Articles 5 and 8 of the Articles of Association shall be
deleted; and
2. Articles 4, 7 and 18, items 3 and 7-10 of the Articles of
Association shall be amended so that references to the Supervisory
Board and its Chairman, Vice Chairmen and members shall be deleted.
The Government of Finland has informed, that shareholders who
together own more than fifty per cent of Kemira Oyj's shares and
votes propose, that the number of the members of the Board of
Directors would remain as seven so that Honorary Mining Counsellor
Pekka Paasikivi would be elected as the Chairman and new member of
the Board of Directors and CFO Juha Laaksonen would be elected as a
new member of the Board of Directors. The present members Eija
Malmivirta, Elizabeth Armstrong, Ove Mattsson, Kaija Pehu-Lehtonen
and Markku Tapio would continue as members of the Board of Directors
until the end of their current term.
Right to attend the Extraordinary General Meeting
A shareholder who has been registered in the Company's Shareholder
Register maintained by the Finnish Central Securities Depository Ltd
on September 24, 2007 and has given notice to attend the
Extraordinary General Meeting no later than on October 1, 2007 at
4.00 p.m. is entitled to attend and participate in the Extraordinary
General Meeting.
Registration for the Extraordinary General Meeting
A shareholder can give notice of the intent to participate in the
Extraordinary General Meeting as follows:
a) by letter to the address Kemira Oyj, Arja Korhonen, P.O. Box 330,
00101 Helsinki;
b) by fax on +358 10 862 1780, Kemira Oyj, Arja Korhonen;
c) by telephone on +358 10 862 1703, Arja Korhonen, weekdays 9-12
a.m. and 1-4 p.m.
d) via Kemira's website at the address www.kemira.com/Group/English
Notifications must be received by the Company no later than on
Monday, October 1, 2007 at 4.00 p.m. at the latest.
Submission of proxies
A proxy for representing a shareholder at the meeting should be
delivered no later than in connection with the notice to attend the
meeting.
Helsinki, September 3, 2007
Kemira Oyj
Board of Directors
For further information, please contact:
Kemira Oyj
Jukka Hakkila, Secretary to the Board of Directors
Tel. +358 (0)10 862 1690, Mobile +358 (0)40 544 2303
Timo Leppä, Executive Vice President, Group Communications
Mobile +358 50 301 6800
Kemira is a chemicals group made up of four business areas: Kemira
Pulp&Paper, Kemira Water, Kemira Specialty and Kemira Coatings.
Kemira is a global group of leading chemical businesses with a unique
competitive position and a high degree of mutual synergy.
In 2006, Kemira recorded revenue of around EUR 2.5 billion and had a
payroll of 9,000 employees. Kemira operates in 40 countries.
