Larox Corporation Company announcement 23 March 2009 at 10 a.m. Due to the prevailing general economic situation Larox Corporation Board of Directors has decided to change its earlier proposal to the annual general meeting of shareholders, which will take place on 26 March 2009, regarding the use of the profit shown on the balance sheet and payment of dividends. The new proposal of the Board of Directors is as follows: The Board of Directors proposes to the annual general meeting of shareholders that based on the confirmed balance sheet of the past fiscal year, ended on 31 December 2008, the company pay a dividend of EUR 0.30 per share from the distributable retained profits. The shareholder, who is registered in the shareholders' registry maintained by Euroclear Finland Ltd. (earlier Central Securities Depository Ltd.) on 31 March 2009, the matching day of dividend payment, is entitled to the dividend. The dividends will be paid on 20 May 2009. In addition to the above proposal regarding the payment of dividends, the Board of Directors proposes that the annual general meeting of shareholders authorize the Board of Directors to decide within their discretion on the payment of a possible additional dividend of EUR 0.20 per share at the maximum, should the economic situation of the company allow it. The Board of Directors could decide on the dividend in question by 31 December 2009. The possible additional dividend based on the decision of the Board of Directors will be paid to the shareholder, who is registered in the shareholders' registry maintained by Euroclear Finland Ltd. on the matching day of dividend payment. The Board of Directors will decide on the matching day of the dividend payment as well as the payment day of the dividend. Larox Corporation Board of Directors For further information, please contact Mr. Topi Karppanen President & CEO Phone +358 (0)20 7687 210 Fax +358 (0)20 7687 277 topi.karppanen@larox.com DISTRIBUTION NASDAQ OMX Helsinki Ltd, Central media www.larox.com Larox develops, designs and manufactures industrial filters and is a leading technology company in its field. Larox is a full service solution provider in filtration for separating solids from liquids. It supplies comprehensive aftermarket services throughout the lifespan of the Larox solution. Companies world-wide in mining and metallurgy, chemical processing and related industries benefit from the Larox technologies. Larox operates in over 40 countries and has over 590 employees. Larox Group is headquartered in Lappeenranta, Finland where the Group also has production facilities. Net sales in 2008 totaled 208.0 million euros, of which more than 93 % were generated by exports and the company's foreign operations.