Ahlstrom considers issuance of a new bond and announces a voluntary tender offer for its outstanding bond

Ahlstrom Corporation STOCK EXCHANGE RELEASE September 1, 2014 at 9.00

Not for release, publication or distribution, directly or indirectly, in or into
the United States, Canada, Australia, Hong Kong, South Africa, Singapore or
Japan or any other jurisdiction in which the distribution or release would be
unlawful.

Ahlstrom considers issuance of a new bond and announces a voluntary tender offer
for its outstanding bond

Ahlstrom, a global high performance fiber-based materials company, is
considering issuance of a new unsecured fixed rate bond with a maturity of five
years. The potential issue is expected to be launched in the near future subject
to market conditions. The targeted size of the issue is approximately EUR 100
million.

At the same time, Ahlstrom announces a voluntary tender offer for cash (subject
to restrictions provided in the Tender Offer Memorandum) of its EUR
100,000,000 4.5 percent notes maturing on November 10, 2015. The maximum amount
of notes tendered under the tender offer is EUR 100,000,000 and the tender offer
is subject to, for example, completing the issuance of the above mentioned new
bond.

The offer period starts on September 1, 2014 and ends at 4 p.m. on September
10, 2014. The settlement date is expected to be September 15, 2014.

The proceeds from the issuance of the new bond will be used for refinancing and
general corporate purposes of the Group. An application will be made to list the
bond on the official list of the NASDAQ OMX Helsinki Ltd.

Danske Bank and SEB act as joint lead managers for the new bond and Danske Bank
acts as the dealer manager and tender agent for the tender offer.

For more information, please contact:
Sakari Ahdekivi
CFO
Tel. +358 10 888  4768

Liisa Nyyssönen
Vice President, Communications
Tel. +358 10 888 4757

Ahlstrom in brief
Ahlstrom is a high performance fiber-based materials company, partnering with
leading businesses around the world to help them stay ahead. We aim to grow with
a product offering for clean and healthy environment. Our materials are used in
everyday applications such as filters, medical fabrics, life science and
diagnostics, wallcoverings and food packaging. In 2013, Ahlstrom's net sales
from the continuing operations amounted to EUR 1 billion. Our 3,500 employees
serve customers in 24 countries. Ahlstrom's share is quoted on the NASDAQ OMX
Helsinki. More information available at www.ahlstrom.com.

Disclaimer

This release is for informational purposes only and is not to be construed as an
offer to purchase or sell or a solicitation of an offer to purchase or sell with
respect to any bonds. The distribution of this release and the related material
concerning the issuance of the new bond and the invitation to tender the
outstanding bond are prohibited by law in certain countries. The new bonds are
not being offered and the tender offer for the outstanding bonds is not made to
the public either inside or outside of Finland. Persons resident outside of
Finland may receive this release and the related bond documentation only in
compliance with applicable exemptions or restrictions. Persons into whose
possession this release and the related bond documentation may come are required
to inform themselves about and comply with such restrictions.

This release and the related bond documentation may not be distributed or
published in any country or jurisdiction if to do so would constitute a
violation of the relevant laws of such jurisdiction or would require actions
under the laws of a state or jurisdiction other than Finland, including the
United States, Australia, Canada, Hong Kong, South Africa, Singapore and Japan.
The information contained herein shall not constitute an offer to sell or
tender, or a solicitation of an offer to buy or sell the Issuer's bonds to any
persons in any jurisdiction in which such offer, solicitation or sale or tender
would be unlawful. Ahlstrom's representatives assume no legal responsibility for
such violations, regardless of whether the parties contemplating investing in or
divesting the Issuer's bonds are aware of these restrictions or not. Ahlstrom's
bonds have not been and will not be registered under the U.S. Securities Act of
1933, as amended (the "Securities Act"), nor under any securities legislation of
any state in the United States, and they may not be offered, sold, resold,
delivered, distributed, bought or transferred in the United States or to U.S.
persons or on behalf of U.S. persons, except pursuant to an exemption from the
registration requirements of the Securities Act and any securities legislation
of any state in the United States.


[HUG#1852653]