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BOARD OF DIRECTORS' PROPOSALS TO LÄNNEN TEHTAAT PLC ANNUAL GENERAL MEETING

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LÄNNEN TEHTAAT PLC     Stock Exchange Release   February 14, 2007 8;30 a.m.


BOARD OF DIRECTORS' PROPOSALS TO LÄNNEN TEHTAAT PLC ANNUAL GENERAL MEETING

I DIVIDEND

The Board of Directors proposes to the Annual General Meeting that a dividend of
EUR 0.84 per share be paid for the financial year 2006.

II SHARE ISSUE AND AUTHORIZATION TO INCREASE SHARE CAPITAL

The Board of Directors proposes that the Board be authorized to decide on issuing
new shares in the form of an issue against payment and on surrendering company
shares held by the company in one or more tranches. A maximum total of 631,757
new shares may be issued, and a maximum of 65,000 shares held by the company may
be surrendered. The subscription price for the new shares is a minimum of their
nominal value, i.e. EUR 2.00. The surrender price for the company shares held by
the company is a minimum of the current value at the time of surrender determined
on the basis of the price in public trading on the Helsinki Stock Exchange.

The authorization consists of the right

 . to diverge from the shareholders' pre-emptive subscription right to new shares
   (targeted issue) on condition that the company has a pressing financial reason
   to do so, such as development of the capital structure or financing and
   implementing corporate acquisitions or other arrangements
 . to offer shares not only against money payment but also against capital
   consideration in kind or on some other specified conditions or by using the
   right of set-off
 . to decide on the subscription price and other terms and aspects related to
   share issues.

The authorization is valid until the next Annual General Meeting. The
authorization repeals the previous share issue authorization given on March 29,
2006 and the authorization given on the same date to surrender the company's own
shares.

III SALE OF SHARES IN THE JOINT BOOK-ENTRY ACCOUNT

The Board proposes that the Annual General Meeting decide on the sale through
public trading of shares which have been entered in the joint book-entry account
opened with the Finnish Central Securities Depository under chapter 3a, section
3a of the Companies Act (734/1978) and section 8 of the Implementing Act of the
new Companies Act (624/2006) and for which registration of the ownership right in
a book-entry account has not been demanded in spite of the fact that five years
have passed from the date of the registration date. Shareholders must within one
year from a request based on the decision of the Annual General Meeting demand
that their ownership right be registered or they will forfeit their right to the
shares and only keep the right to the funds obtained from the sale of the shares.

LÄNNEN TEHTAAT PLC
Board of Directors

More details: Matti Karppinen, CEO, tel. +358 10 402 00

Distribution:
Helsinki Stock Exchange
Main media
www.lannen.fi

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