Munksjö: Demerger and new shares registered with the Finnish Trade Register

MUNKSJÖ OYJ, STOCK EXCHANGE RELEASE 2 December 2013 at 8:00 am CET

NOT TO BE DISTRIBUTED IN OR INTO AUSTRALIA, CANADA, THE HONG KONG SPECIAL ADMINISTRATIVE REGION OF THE PEOPLE’S REPUBLIC OF CHINA, JAPAN, NEW ZEALAND, SOUTH AFRICA OR THE UNITED STATES.

The demerger of Ahlstrom’s Label and Processing business in Brazil (Coated Specialties) and Munksjö Oyj’s new shares have today been registered with the Finnish Trade Register.

A total of 12 291 991 new shares in Munksjö Oyj were issued as demerger consideration to Ahlstrom’s shareholders in the Coated Specialties demerger. Following the registration of the new shares, the total number of Munksjö Oyj’s shares increased to 51 061 581. The registered share capital of Munksjö Oyj remains unchanged and amounts to EUR 15 000 000.

The new shares received as demerger consideration are expected to be registered on the book-entry accounts of the shareholders during the course of today. The trading with Munksjö's new shares on the Helsinki Stock Exchange (NASDAQ OMX Helsinki Ltd.) will commence today. The new shares carry a right to dividend and other shareholder rights as from their registration.

Based on the terms of the Business Combination Agreement related to Munksjö AB and Ahlstrom’s Label and Processing business, Munksjö and Ahlstrom have agreed on the effects of certain supplier finance arrangements on the transaction. The parties have agreed that as a final settlement of the matter, Ahlstrom will pay a total of EUR 9.5 million to the reserve for invested unrestricted equity of Munksjö Oyj as an adjustment.

Munksjö Oyj

For more information, please contact:
Laura Lindholm, Investor Relations Manager, tel. +46 10 250 1026



Munksjö — Materials for innovative product design
The Munksjö Group is an international specialty paper company with a unique product offering for a large number of industrial applications and consumer-driven products. Founded in 1862, Munksjö is among the leading producers in the world of high-value added papers within attractive market segments such as Decor paper, Release Liners, Electrotechnical paper, Abrasive backings and Interleaving paper for steel. Given Munksjö's global presence and way of integrating with its customers' operations, the company forms a global service organisation with approximately 3,000 employees. Production facilities are located in France, Sweden, Germany, Italy, Spain and China. Munksjö Oyj is listed on NASDAQ OMX Helsinki. Read more at www.munksjo.com.




Disclaimer

This document may not be distributed in or into Australia, Canada, the Hong Kong special administrative region of the People’s Republic of China, Japan, New Zealand, South Africa or the United States. The information contained herein shall not constitute an offer to sell or the solicitation of an offer to buy the securities referred to herein in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration, exemption from registration or qualification under the securities laws of any such jurisdiction.

This document is not an offer for sale of securities in the United States. Securities may not be offered or sold in the United States absent registration or an exemption from registration under the U.S. Securities Act of 1933, as amended. Ahlstrom Corporation, Munksjö AB and Munksjö Oyj have not registered, and do not intend to register, any offering of the Munksjö shares in the United States. There will be no public offering of the Munksjö shares in the United States.

This document is only being distributed to and is only directed at (i) persons who are outside the United Kingdom or (ii) to investment professionals falling within Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the “Order”) or (iii) high net worth companies, and other persons to whom it may lawfully be communicated, falling within Article 49(2)(a) to (d) of the Order or (iv) persons who are members or creditors of the company to which this communication relates, falling within article 43(2) of the Order (all such persons in (i), (ii) (iii) and (iv) above together being referred to as “relevant persons”). Any investment activity to which this document relates will be only available to and will be engaged in only with, relevant persons. Any person who is not a relevant person should not act or rely on this document or any of its contents.