RAUTE CORPORATION STOCK EXCHANGE RELEASE 4 February 2010 at 1:05 p.m. APPOINTMENTS COMMITTEE'S PROPOSAL REGARDING COMPOSITION OF RAUTE CORPORATION'S BOARD OF DIRECTORS The Appointments Committee of Raute Corporation's Board of Directors proposes to the Annual General Meeting convening on 31 March 2010 that the number of Board members is six. The Appointments Committee proposes that from the current Board members Mr. Erkki Pehu-Lehtonen (Chairman of the Board), Ms. Sinikka Mustakallio (Vice-Chairman of the Board), Mr. Risto Hautamäki, Mr. Ilpo Helander, and Mr. Mika Mustakallio be re-elected. The Appointments Committee also proposes that Mr. Pekka Suominen shall be elected as a new member of the Board of Directors. The proposed persons have given their consent to the election. The new proposed Board member Mr. Pekka Suominen, M.Sc. (Econ.), b. 1976, is Project Manager of IIR Finland Oy (2007-). He is independent of the company. The Appointments Committee further proposes that the remunerations for the Board members remain to be 40,000 euros to the Chairman of the Board and 20,000 euros to Board members for the term of office. Raute Corporation's Appointments Committee consists of Chairman of the Board Mr. Erkki Pehu-Lehtonen, Vice-Chairman Ms. Sinikka Mustakallio and Mr. Ville Korhonen, appointed from among the representatives of major shareholders who have significant voting rights. The proposals above will be included in the notice to the Annual General Meeting which will be published later. RAUTE CORPORATION Arja Hakala Chief Financial Officer FURTHER INFORMATION: Ms. Arja Hakala, Secretary of the Board of Directors, tel. +358 3 829 3293, mobile +358 400 710 387 DISTRIBUTION: NASDAQ OMX Helsinki Ltd, main media, www.raute.com RAUTE IN BRIEF: Raute is a technology company serving the wood products industry worldwide. Its most important customers are the plywood and LVL industries. The company is one of the world's leading suppliers of mill-scale projects to these customer industries. The total service concept also includes technology services, with which Raute supports its customers throughout the entire life cycle of their investments. Raute's head office and main production plant are in Nastola, Finland. Its other production plants are in the Vancouver area of Canada, in the Shanghai area of China, and in Jyväskylä and Kajaani, Finland. Net sales in 2008 were EUR 98.5 million and the number of personnel 573. More information on the company can be found at www.raute.com.
APPOINTMENTS COMMITTEE'S PROPOSAL REGARDING COMPOSITION OF RAUTE CORPORATION'S BOARD OF DIRECTORS
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