STROMSDAL CORPORATION STOCK EXCHANGE RELEASE 1 December 2008 at 14.00 (Finnish time) BANKRUPTCY TRUSTEE FOR STROMSDAL CORPORATION APPOINTED Stromsdal has on 28 November 2008 filed for bankruptcy and the Kuopio city court has given its decision DNo K 08/8600 to declare Stromsdal Corporation bankrupt as of 1 December 2008 at 10.00 Finnish time. The Kuopio city court has appointed Attorney at Law Jarmo Makkonen as bankruptcy trustee for Stromsdal Corporation. STROMSDAL CORPORATION For more information, please contact: Attorney at Law Jarmo Makkonen c/o Attorneys at Law Krogerus Oy Puijonkatu 29 A FI-70100 Kuopio, Finland Telephone +358 17 3681 800 Fax. +358 17 3681 801 DISTRIBUTION Helsinki Stock Exchange Major media www.stromsdal.com *************** STROMSDAL is a forest based industry company and its board mill is located in Juankoski, Finland. Stromsdal's sales and customer service network covers more than 30 countries, mainly in Europe. For demanding printing jobs Stromsdal offers its customers premium-quality graphical boards - GraphiArt Duo and GraphiArt Pro - with excellent combination of printability, brightness and stiffness. For food-packaging Stromsdal offers its speciality environmentally friendly product - Tecta - a dispersion coated barrier board, which is 100 per cent plastic-free, bio degradable and fully recyclable. Stromsdal's shares are listed on the Small Cap segment of the Helsinki Stock Exchange (NASDAQ OMX Helsinki Ltd) under the company code STM1V. STROMSDAL CORPORATION Juankoskentie 7 A, P.O. Box 33, FI-73501 Juankoski Tel. +358 20 710 9200, Fax. +358 20 710 9210 www.stromsdal.fi