Notice of Ahlstrom Corporation's Annual General Meeting


Notice of Ahlstrom Corporation's Annual General Meeting                         

Ahlstrom Corporation STOCK EXCHANGE RELEASE 08.03.2010 at 09.15                 
                                                                                
                                                                                
Notice is given to the shareholders of Ahlstrom Corporation to the Annual       
General Meeting to be held on Wednesday, March 31, 2010 at 1:00 p.m. at the     
Finlandia Hall, Mannerheimintie 13 e, Helsinki, Finland (entrance M1 from       
Mannerheimintie and K1 from the car park). The reception of persons who have    
registered for the meeting and the distribution of voting tickets will commence 
at 12.00 a.m. Registration for the meeting is requested to be made no later than
12:45 p.m.                                                                      
                                                                                
A. Matters on the agenda of the Annual General Meeting                          
                                                                                
At the Annual General Meeting the following matters will be considered:         
                                                                                
1.      Opening of the meeting                                                  
2.      Calling the meeting to order                                            
3.      Election of persons to scrutinize the minutes and to supervise the      
counting of votes                                                               
4.      Recording the legality of the meeting                                   
5.      Recording the attendance at the meeting and adoption of the list of     
votes                                                                           
6.      Presentation of the Financial Statements, the Report of Operations and  
the Auditor's Report for the year 2009                                          
- Review by the President & CEO                                                 
7.      Adoption of the Financial Statements                                    
8.      Resolution on the use of the profit shown on the balance sheet and the  
payment of dividend                                                             
The Board of Directors proposes that a dividend of EUR 0.55                     
per share be paid. The dividend will be paid to shareholders registered on the  
record date, April 7, 2010, in the Register of Shareholders of the Company held 
by Euroclear Finland Ltd. The Board proposes that the dividend be paid on April 
14, 2010.                                                                       
9.      Authorization to donate funds to Finnish universities and for the public
good                                                                            
The Board of Directors proposes that the Annual General Meeting authorizes      
the Board of Directors, at its own discretion, to support Finnish universities  
with an amount not exceeding EUR 500,000. In addition, the Board of Directors   
proposes that EUR 35,000 be reserved to be used for the public good at the      
discretion of the Board of Directors.                                           
10.  Resolution on the discharge of the members of the Board of Directors and   
the President & CEO from liability                                              
11.  Resolution on the remuneration of the members of the Board of Directors    
Upon the recommendation of the Compensation and Nomination Committee, the       
Board of Directors proposes that a yearly remuneration of EUR 72,000 be paid to 
the Chairman and EUR 36,000 to the other Board members. In addition, the        
proposed remuneration for attendance at Board meetings is EUR 1,200 per meeting 
for Board members residing outside Finland. As regards the permanent Board      
committees, the proposed remuneration for attendance at committee meetings is   
EUR 1,200 per meeting. Travel expenses are reimbursed in accordance with the    
Company's travel policy.                                                        
12.   Resolution on the number of members of the Board of Directors             
Upon the                                                                        
recommendation of the Compensation and Nomination Committee, the Board of       
Directors proposes that the number of Board members be six.                     
13.   Election of members of the Board of Directors                             
Upon the recommendation of                                                      
the Compensation and Nomination Committee, the Board of Directors proposes that 
Thomas Ahlström, Sebastian Bondestam, Anders Moberg, Bertel Paulig and Peter    
Seligson be re-elected. The current members Jan Inborr and Martin Nüchtern have 
informed that after several years on the Board of Directors of Ahlstrom         
Corporation they are no longer available for re-election. Therefore it is       
proposed that Lori J. Cross, born in 1960, be elected as a new member of the    
Board. Since 1983, Lori J. Cross has held international executive and consulting
positions among others at Instrumentarium Group and VIASYS Healthcare Group.    
Currently, she is President of MindSpan Consulting, LLC.                        
                                                                                
The Board members are elected for the period ending at the close of the next    
Annual General Meeting. All the nominees are considered independent of the      
Company and the significant shareholders of the Company and they have given     
their consent to the election. CVs of the proposed Board members are available  
on the website of the Company (www.ahlstrom.com).                               
14.   Resolution on the remuneration of the Auditor                             
Upon the recommendation of                                                      
the Audit Committee, the Board of Directors proposes that the auditor's         
remuneration be paid according to invoicing.                                    
15.   Election of Auditor                                                       
Upon the recommendation of the Audit Committee, the                             
Board of Directors proposes that PricewaterhouseCoopers Oy be re-elected as     
Ahlstrom's auditor. PricewaterhouseCoopers Oy has designated Authorized Public  
Accountant Eero Suomela as auditor in charge.                                   
16.  Authorizations to repurchase and distribute the Company's own shares       
The                                                                             
Board of Directors proposes that the Annual General Meeting authorizes the Board
of Directors to resolve to repurchase and to distribute the Company's own shares
on the following conditions:                                                    
The number of shares to be repurchased by virtue                                
of the authorization shall not exceed 4,500,000 shares in the Company, yet      
always taking into account the limitations set forth in the Companies' Act. The 
shares may be repurchased only through public trading at the prevailing market  
price by using unrestricted shareholders' equity. The rules and guidelines of   
NASDAQ OMX Helsinki Oy and Euroclear Finland Ltd shall be followed in the       
repurchase.                                                                     
The authorization includes the right for the Board of Directors to              
decide upon other terms and conditions for the repurchase including the right to
decide on the repurchase of the Company's own shares otherwise than in          
proportion to the shareholders' holdings in the Company.                        
By virtue of the                                                                
authorization, the Board of Directors has the right to resolve to distribute a  
maximum of 4,500,000 own shares held by the Company. The Board of Directors will
be authorized to decide to whom and in which order the own shares will be       
distributed. The Board of Directors may decide on the distribution of the       
Company's own shares otherwise than in proportion to the existing pre-emptive   
right of shareholders to purchase the Company's own shares. The shares may be   
used as consideration in acquisitions and in other arrangements as well as to   
implement the Company's share-based incentive plans in the manner and to the    
extent decided by the Board of Directors. The Board of Directors has also the   
right to decide on the distribution of the shares in public trading for the     
purpose of financing possible acquisitions.                                     
The authorizations for the Board of                                             
Directors to repurchase the Company's own shares and to distribute them are     
valid for 18 months from the close of the Annual General Meeting but will,      
however, expire at the close of the next Annual General Meeting, at the latest. 
17.  Amendment to the Articles of Association                                   
In order to simplify the                                                        
Company's Articles of Association and to make them compliant with the provisions
of the current Companies' Act, the Board of Directors proposes that the Annual  
General Meeting resolves to amend the Articles of Association as follows:       
- the current Article 3 be amended to read as follows:                          
"3 § The shares of the Company belong to the book-entry securities system."     
- the current Article 9 be amended to read as follows:                          
"9 §  General Meetings shall be convened by a notice published on the Company's 
website not earlier than three (3) months and not later than three (3) weeks    
prior to the meeting. The convocation shall, however, never be made later than  
nine (9) days before the record date of the General Meeting. In addition to     
publishing the notice on the Company's website, the Board of Directors may      
decide to publish it, in whole or in part, through such other means of          
communication as it deems appropriate.                                          
In order to attend a General Meeting,                                           
shareholders must notify the Company by the date stated in the notice of the    
meeting, which date may be no earlier than ten (10) days prior to the meeting." 
                                                                                
18.  Closing of the meeting                                                     
B. Documents of the Annual General Meeting                                      
                                                                                
The proposals of the Board of Directors relating to the agenda of the Annual    
General Meeting as well as this notice are available on the Company's website at
www.ahlstrom.com/agm. The Annual Report of Ahlstrom Corporation, including the  
Financial Statements, the Report of Operations and the Auditor's Report, is     
available on the above-mentioned website as from March 10, 2010, at the latest. 
The proposals of the Board of Directors and the Financial Statements are also   
available at the meeting. Copies of these documents and of this notice will be  
sent to shareholders upon request. The minutes of the meeting will be available 
on the above-mentioned website as from April 14, 2010, at the latest.           
C. Instructions for the participants in the Annual General Meeting              
                                                                                
1.      The right to participate and registration                               
Each shareholder, who is                                                        
registered on March 19, 2010 in the shareholders' register of the Company held  
by Euroclear Finland Ltd., has the right to participate in the Annual General   
Meeting. A shareholder, whose shares are registered on his/her personal Finnish 
book-entry account, is registered in the shareholders' register of the Company. 
A shareholder, who wishes to participate in the Annual General Meeting, shall   
register for the meeting by giving prior notice of participation no later than  
March 26, 2010 by 4:00 p.m. by which time the registration needs to arrive in   
the Company. Such notice can be given:                                          
-            on the Company's website (www.ahlstrom.com/agm),                   
-            by email to yhtiokokous@ahlstrom.com,                              
-            by mail to Ahlstrom Corporation, AGM, P.O.B. 329, 00101 Helsinki,  
Finland,                                                                        
-            by telefax to +358 (0)10 888 4789, or                              
-            by phone during office hours to +358 (0)10 888 4726 (Armi Jaakkola)
In connection with the registration, a shareholder shall state his/her name,    
personal identification number, address, telephone number and the name of a     
possible assistant or proxy representative and the personal identification      
number of such proxy representative. The personal data given to Ahlstrom        
Corporation is used only in connection with the Annual General Meeting and with 
the processing of related registrations.                                        
Pursuant to chapter 5, section 25 of the Company's Act, a shareholder who is    
present at the Annual General Meeting has the right to request information with 
respect to the matters to be considered at the meeting.                         
2.      Proxy representative and powers of attorney                             
A shareholder may                                                               
participate in the Annual General Meeting and exercise his/her rights at the    
meeting also by way of proxy representation.                                    
A proxy representative shall                                                    
produce a dated proxy document or otherwise in a reliable manner demonstrate    
his/her right to represent the shareholder at the Annual General Meeting. When a
shareholder participates in the Annual General Meeting by means of several proxy
representatives representing the shareholder with shares at different book-entry
accounts, the shares by which each proxy representative represents the          
shareholder shall be identified  in connection with the registration for the    
general meeting.                                                                
Possible proxy documents should be delivered to the address                     
above before the last date of registration. A template for a proxy is available 
at the Company's website mentioned above.                                       
3.      Holders of nominee registered shares                                    
If a holder of nominee registered                                               
shares is entitled to be registered in the shareholders' register on the record 
date March 19, 2010, the shareholder may in accordance with the instructions    
from his/her custodian bank request to be temporarily entered into the          
shareholders' register of the Company in order to participate in the Annual     
General Meeting, at the latest on March 26, 2010 at 10.00 a.m. A holder of      
nominee registered shares is considered to have registered for the Annual       
General Meeting if he/she has been temporarily recorded in the shareholders'    
register as described above. A holder of nominee registered shares is advised to
request necessary instructions regarding the registration to be temporarily     
entered into the shareholders' register, the issuing of proxy documents and     
registration for the Annual General Meeting from his/her custodian bank well in 
advance. Further information on these matters can also be found on the Company's
website mentioned above.                                                        
4.      Other instructions and information                                      
On the date of this notice to the                                               
Annual General Meeting, February 3, 2010, the total number of shares in Ahlstrom
Corporation amounts to 46,670,608 and said shares have 46,670,608 votes in      
total.                                                                          
After the meeting coffee will be served in the lobby of the Finlandia           
Hall.                                                                           
                                                                                
Helsinki, February 3, 2010                                                      
                                                                                
AHLSTROM CORPORATION                                                            
                                                                                
The Board of Directors                                                          
                                                                                
                                                                                
Distribution:                                                                   
NASDAQ OMX Helsinki                                                             
Main media                                                                      
www.ahlstrom.com                                                                
                                                                                
                                                                                
Ahlstrom in brief                                                               
Ahlstrom is a global leader in the development, manufacture and marketing of    
high performance nonwovens and specialty papers. Ahlstrom's products are used in
a large variety of everyday applications, 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 5,800 employees serve customers via sales offices 
and production facilities in more than 20 countries on six continents. In 2009, 
Ahlstrom's net sales amounted to EUR 1.6 billion. Ahlstrom's share is quoted on 
the NASDAQ OMX Helsinki. The company website is at www.ahlstrom.com.