KAUPTHING HAS INTERRUPTED THE LIQUIDITY PROVIDING FOR RAPALA SHARE FOR THE TIME BEING

Rapala VMC Corporation
                                   STOCK EXCHANGE RELEASE
                                   October 10, 2008 at 11.45 am


Kaupthing Bank Oyj ("Kapthing") has informed Rapala VMC Corporation
("Rapala") that it has interrupted the liquidity providing for
Rapala's share for the time being.

RAPALA VMC CORPORATION

Jorma Kasslin
Chief Executive Officer

For further information: Olli Aho, Company's Legal Councel, tel. +358
9 7562 540

Distribution: NASDAQ OMX Helsinki and Main Media

Rapala VMC Corporation is a leading fishing tackle company and the
global market leader in the fishing lures, treble hooks and fishing
related knives and tools. The Group also has a strong global position
in other fishing categories. The Group has its own distribution
companies in all the main markets and the largest distribution
network in the industry. The main manufacturing facilities are
located in Finland, France, Estonia, Russia and China. The Group
brand portfolio includes the leading brand in the industry, Rapala,
and other global brands like VMC, Storm, Blue Fox, Luhr Jensen,
Williamson, Marttiini and Sufix. The Group, with net sales of EUR 242
million in 2007, employs more than 4 000 people in 30 countries.