TRADING OF RAPALA VMC CORPORATION COMBINED SHARES BEGINS



Rapala VMC Corporation
Stock Exchange Release
October 24, 2008 at 1.00 pm


The trading of Rapala VMC Corporation ("Rapala") combined share
series begins today on October 24, 2008. As of today, the trading
code for Rapala shares is RAP1V, and each share carries to one (1)
vote and has equal rights. The new class of shares (RAP1VN0107) that
Rapala issued for Shimano (Singapore) Pte Ltd ("Shimano") to
subscribe was listed on the stock exchange list of NASDAQ OMX
Helsinki on October 25, 2007. The said shares did not give right to
dividends from the financial year 2007. The classes of shares are
combined as the difference regarding the right to dividend between
the classes no longer exists.

RAPALA VMC CORPORATION

Jorma Kasslin
Chief Executive Officer

For further information: Olli Aho, Company's Legal Councel, tel. +358
9 7562 540

Distribution: NASDAQ OMX Helsinki and 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, Russia 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, Marttiini and Sufix. The Group, with net sales of EUR 242
million in 2007, employs some
3 500 people in 30 countries.

Attachments

Stock Exchange Release October 24 2008 - Combination shares.pdf