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SUMMONS TO ANNUAL GENERAL MEETING OF SHA

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LÄNNEN TEHTAAT PLC   Stock Exchange Announcement   March 5, 2004


SUMMONS TO ANNUAL GENERAL MEETING OF SHAREHOLDERS

Company shareholders are hereby invited to the Annual General
Meeting, which will be held on Wednesday, March 24, 2004, starting
at 2:00 p.m. in the Lännen Tehtaat staff restaurant in Iso-Vimma,
Säkylä.

The AGM will deal with the following:

1.   Items to be dealt with by the AGM under section 11 of the
     Articles of Association.

2.   A Board of Directors proposal that the Board be authorized to
     decide to raise the share capital in one or more new share
     issues and/or to issue a convertible bond in one or more
     instalments. In a new share issue and/or an issue through a
     convertible bond, the share capital can be raised by a
     maximum of EUR 1,222,514 or by a smaller amount in such a way
     that a maximum of 611,257 shares with a nominal value of EUR
     2.00 are offered for subscription. The authorization also
     covers the right in targeted issues to diverge from the
     shareholders’ pre-emptive subscription right, and to decide
     on the subscription prices and terms, and other terms and
     aspects related to a new share issue. The authorization is
     valid for one year, starting from the date of the AGM
     decision.

3.   A Board of Directors proposal that the Board be authorized to
     decide to surrender the company’s own shares, diverging from
     the shareholders’ pre-emptive subscription right. The
     authorization concerns the 65,000 company shares acquired
     using the authorization granted by the AGM on April 5, 2001.
     The Board is authorized to decide to whom and in what order
     the company’s own shares are surrendered. The shares can be
     surrendered in one or more tranches, as decided by the Board,
     in connection with corporate acquisitions or other corporate
     arrangements or for some other similar purpose that the Board
     may consider suitable. Surrender of the shares can also be
     carried out via public trading on Helsinki Exchanges. The
     share price is the current value at the time of surrender,
     determined in public trading on Helsinki Exchanges. The
     shares may also be surrendered against other than monetary
     consideration. The Board may not make a decision on
     divergence from pre-emptive subscription rights that benefits
     members of the inner circle of the company. The authorization
     is valid for one year, starting from the date of the AGM
     decision.

Distribution of dividend

The Board of Directors proposes to the Annual General Meeting that
a dividend of EUR 0.65 per share be paid for the financial year
2003. Dividend will be paid to shareholders whose shares are
registered by the Finnish Central Securities Depository Ltd, not
later than the record date, March 29, 2004. The dividend will be
paid on April 5, 2004.

Right to attend the Annual General Meeting

A shareholder whose shares have been registered in the register of
shareholders maintained by the Finnish Central Securities
Depository Ltd not later than March 12, 2004 has the right to
attend the Annual General Meeting.

A shareholder who was entered in the company’s share register
prior to 20 May 1995 also has the right to attend the Annual
General Meeting. In these circumstances, the shareholder must at
the Annual General Meeting present his share certificates or some
other evidence that the right of ownership to the shares has not
been entered into a book-entry account.

Notification of intended participation at the Annual General
Meeting must be given to the company not later than March 22,
2004 before 4:00 p.m. local time either by writing to Lännen
Tehtaat plc, P.O.Box. 100, 27801 Säkylä, or by telefax +358 2 8397
4022 or by phoning +358 2 8397 4011/Arja Antikainen or by e-mail
arja.antikainen@lannen.fi. If notice is given by letter, this
should arrive before the above mentioned time. Possible proxies
should be forwarded to the same place within the same time.
    
The financial statement documents and other documents required
under the Companies Act can be inspected during the week before
the shareholders’ meeting at the company’s head office, Lännen
Tehtaat plc, Maakunnantie 4, 27820 Säkylä. Copies of documents
will be sent to shareholders on request.


Säkylä, March 1, 2004


LÄNNEN TEHTAAT PLC
Supervisory Board

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