Ahlstrom's negotiations to form a joint venture in China terminated



Ahlstrom Corporation STOCK EXCHANGE RELEASE 2.5.2008
 
Ahlstrom, a global leader in fiber-based materials, today announced
that the negotiations with Zhejiang KAN Specialty Material Co and its
management to form a joint venture for the production of specialty
paper in China have been terminated.
 
The agreements were signed in September 2007 and the deal was
originally expected to be closed during the fourth quarter of 2007.
The conditions precedent for the closing were not, however, met and
the subsequent negotiations did not result in any agreement.
 
Asia-Pacific continues to be one of the focus areas in Ahlstrom's
growth strategy. Ahlstrom has currently manufacturing sites in China
and Korea. In addition, the company is establishing a new medical
nonwovens plant in India. Ahlstrom's network of sales offices
operates currently in ten Asia-Pacific countries.
 
Ahlstrom Corporation
 
Risto Anttonen, CEO
 
 
For further information, please contact:
 
Risto Anttonen, CEO, tel. +358 (0)50 597 8400
Jari Mäntylä, CFO, tel. +358 (0)50 325 8768
 
 
Distribution:
Helsinki Stock Exchange
Main media
www.ahlstrom.com
 
Ahlstrom in brief
 
Ahlstrom is a global leader in the development, manufacture and
marketing of high performance fiber-based materials. Nonwovens and
specialty papers, made by Ahlstrom, are used in a large variety of
everyday products, such as filters, wipes, flooring, labels, and
tapes. Based upon its unique fiber expertise and innovative approach,
the company has a strong market position in several business areas in
which it operates. Ahlstrom's 6,500 employees serve customers via
sales offices and production facilities in more than 20 countries on
six continents. In 2007, Ahlstrom's net sales amounted to EUR 1.8
billion. Ahlstrom's share is listed on the OMX Nordic Exchange
Helsinki. The company website is www.ahlstrom.com.