SUMMONS TO RAUTE CORPORATION'S ANNUAL GENERAL MEETING Raute Corporation's shareholders are invited to attend the company's Annual General Meeting, which will be held on Wednesday 2 April 2008 in Kongressikeskus Fellmanni, address Kirkkokatu 27, Lahti, beginning at 6.00 pm. THE MEETING WILL DEAL WITH THE FOLLOWING MATTERS: 1. Matters pertaining to the Annual General Meeting pursuant to Article 13 of the company's Articles of Association. 2. Board of Directors' proposal to authorize the Board to decide on the repurchase of shares The Board of Directors proposes that the Annual General Meeting authorize the Board to decide on the repurchase of a maximum of 400,000 Raute Corporation series A shares using assets from the company's non-restricted equity, which would lead to a decrease in the company's distributable assets. The proposed number of shares is less than ten percent (10%) of the company's overall shares. The authorization would entitle the Board to acquire the company's series A shares to be used for the development of the company's capital structure, as consideration for funding or carrying out any acquisitions or other arrangements, or to be otherwise disposed of or cancelled. The purchase consideration paid for shares purchased by virtue of the authorization shall be based on the price of the series A share in public trading so that the minimum price of acquired shares is the lowest market price quoted in public trading during the term of validity of the authorization and the maximum price, correspondingly, the highest market price quoted in public trading during the term of validity of the authorization. The authorization includes the right to acquire shares otherwise than in proportion to the holdings of the shareholders. This can take place, for example, by acquiring shares in public trading on marketplaces whose rules and regulations allow a company to repurchase shares. The company must have important financial reasons to acquire shares in public trading as explained above or otherwise than in proportion to the holdings of the shareholders. A Series K share can be converted to a series A share in compliance with section 3 of Raute Corporation's Articles of Association. The Board of Directors will decide on the other conditions related to share repurchases. The authorization is effective until the end of the next Annual General Meeting, or at least until 31 May 2009. 3. Authorization of the Board of Directors to dispose of treasury shares acquired for the company The Board proposes that the Annual General Meeting authorize the Board to decide on a directed issue of Raute Corporation's series A shares, as well as on all of the related conditions, including the recipients and the sum of consideration to be paid. The Board of Directors may decide to issue either new shares or company shares held by Raute. The maximum number of shares issued is 400,000 series A shares. The authorization is effective until the end of the next Annual General Meeting. As proposed, the authorization will be used to fund or carry out acquisitions or other arrangements or for other purposes decided by the Board of Directors. COPIES OF DOCUMENTS AND THE ANNUAL REPORT Documents pertaining to the financial statements will be available for examination by shareholders during the week prior to the Annual General Meeting at the company's head office, address: Rautetie 2, Nastola. Copies of these documents will be sent to shareholders on request. The Group's Annual Report for 2007 will be published on the company's website at www.raute.com and will be mailed to shareholders at the latest on 25 March 2008. DIVIDEND The Board of Directors proposes to the Annual General Meeting that a dividend of one euro (1.00) be paid to holders of Series A and K shares in respect of the 2007 financial year. Dividend will be paid to shareholders who, on the record date, are entered in the shareholders' register held by Finnish Central Securities Depository Ltd. Other cases will be treated in accordance with Article 5 of the Articles of Association. The Board of Directors proposes that the record date for dividend payment be 7 April 2008 and that dividend be paid on 14 April 2008. REMUNERATIONS TO THE BOARD OF DIRECTORS The Appointments Committee proposes that the remuneration to the Chairman of the Board continues to be 40,000 euro, and to the Vice Chairman of the Board and Board members 20,000 euro for the term of office. The Board members' traveling expenses are compensated according to the company's travel policy. COMPOSITION OF THE BOARD OF DIRECTORS The Appointments Committee proposes that six members be elected to the company's board for the next term of office: Mr. Jarmo Rytilahti, Chairman of the Board of Directors, Ms. Sinikka Mustakallio, Vice Chairman of the Board of Directors and Mr. Mika Mustakallio, Mr. Panu Mustakallio, and Mr. Jorma Wiitakorpi members of the Board of Directors. All above mentioned are current Board members. The Appointments Committee proposes that Mr. Ilpo Helander be elected as a new member to the the company's board for the next term of office. Mr. Ilpo Helander, M.Sc.(Eng), (born in 1942), held in 1991-2004 the position of President and CEO of Oy Electrolux Ab. In addition to his present duties in Board of Directors of several companies, he is a member of EuroRussia Commission (EU/Russia, among others. AUDITORS The Appointments Committee proposes that Anna-Maija Simola (Authorized Public Accountant) and Antti Unkuri (Authorized Public Accountant) be elected as auditors, and Ernst & Young Oy, an authorized public accounting company, be elected as deputy auditor. PARTICIPATION Shareholders wishing to participate in the Annual General Meeting must be registered in the shareholders' register held by Finnish Central Securities Depository Ltd by 20 March 2008 at the latest. REGISTRATION Shareholders wishing to exercise their right to speak and to vote at the Annual General Meeting must inform the company at the latest by 4.00 pm on Thursday 27 March 2008 either by writing to Raute Corporation, P.O. Box 69, FIN-15551 Nastola, Finland, or by fax to +358 3 829 3582, or by phoning Ms. Sirpa Väänänen on +358 3 829 3302. Any proxies should be presented at the time of registration. Nastola, 10 March 2008 RAUTE CORPORATION Board of Directors FURTHER INFORMATION: Mr. Jarmo Rytilahti, Chairman of the Board of Directors of Raute Corporation, mobile: +358 400 204 023 DISTRIBUTION: OMX Nordic Exchange, Helsinki, main media, www.raute.com