TAMFELT CORP. STOCK EXCHANGE RELEASE February 7, 2008 at 9.00 a.m. 1(2) SUMMONS TO ANNUAL GENERAL MEETING The shareholders of Tamfelt Corp. are invited to attend the Annual General Meeting to be held at 4.00 p.m. on Tuesday, March 18, 2008 at Group Headquarters, Yrittäjänkatu 21, Tampere, Finland. THE FOLLOWING ITEMS WILL BE DISCUSSED AT THE MEETING: 1. Matters specified in Article 10 of the Articles of Association 2. Amendment of Article 2 of the Articles of Association The Board of Directors proposes that Article 2 be amended as follows to correspond to the changes made in the Group structure: “Article 2 Line of business The company's line of business is to carry on, either directly or through subsidiary companies, the industrial manufacture and sales of felts, fabrics and other technical textile products, and other related business activities, and to own real estate and hold shares and interests for the purposes of its activities or personnel.” Board of Directors Tamfelt Corp.'s shareholders representing more than 35% of the voting power will propose to the Annual General Meeting that the number of Board members should be confirmed at six and that the members Mikael von Frenckell, M.Soc.Sc., Martin Lilius, M.Sc. (Eng.), Jouko Oksanen, M.Sc. (Econ.), Vesa Kainu, B.Sc. (Eng.), Niklas Savander, M.Sc. (Eng.), M.Sc. (Econ.), and Carl-Magnus Cedercreutz, M.Sc. (Eng.), MBA, should be re-elected. Auditors Further, the above shareholders will propose that Authorized Public Accountants Jari Paloniemi and Veikko Terho should be re-elected as auditors and Authorized Public Accountants Jukka Lahdenpää and Moore Stephens Rewinet Oy Ab as deputy auditors. Dividend distribution The Board has decided to propose to the Annual General Meeting that a dividend of 0.52 euros be paid on a common share and 0.54 euros on a preferred share. The dividend confirmed by the Annual General Meeting shall be paid to the shareholders who are entered in the company's Shareholder Register, maintained by Finnish Central Securities Depository Ltd., on the dividend record date, Tuesday March 25, 2008. According to the Board proposal, the dividend payment date should be Tuesday, April 1, 2008. Documents The documents related to the year-end accounts and the Board proposal will be on display for shareholders from Tuesday, March 11, 2008 at Group Headquarters, Yrittäjänkatu 21, Tampere, Finland. Copies will be sent to shareholders on request. Right to attend The right to attend the Annual General Meeting is held by shareholders entered in the register of the Finnish Central Securities Depository Ltd on Friday, March 7, 2008 at the latest. Enrolment A shareholder wishing to attend the Annual General Meeting should notify the company either by telephone +358 10 404 9000/343, or by letter addressed to Tamfelt Corp., Shareholder Register, P.O. Box 427, 33101 Tampere, Finland, or by e-mail to mirja.takatalo@tamfelt.com by 4.00 p.m. on Friday, March 14, 2008. Proxies, if any, should be delivered at the same time. Helsinki, February 6, 2008 BOARD OF DIRECTORS Anu Lehtinen Communications officer