Suominen Oyj — M&A Activity 2011

Sep 27, 2011

Competition authorities approved Suominen's acquisition of Ahlstrom's Home and Personal wipes fabrics business area

Competition authorities approved Suominen's acquisition of Ahlstrom's Home and Personal wipes fabrics business area

Tampere, Finland, 2011-09-27 16:00 CEST (GLOBE NEWSWIRE) -- Suominen
Corporation Stock exchange release 27 September 2011 at
5.00 p.m.

Competition authorities approved Suominen's acquisition of Ahlstrom's Home and
Personal wipes fabrics business area

Competition authorities in Spain, Germany and the United States have approved
the agreement between Suominen Corporation and Ahlstrom Corporation regarding
Suominen's acquisition of Ahlstrom's Home and Personal wipes fabrics business
area which was published on 4 August 2011. It is estimated that the transaction
will be completed by 31 October 2011 at the latest. Authority approval of the
transaction in Brazil is estimated to take place during the first quarter of
2012, and it is not a prerequisite of the completion of the transaction outside
of Brazil.

Further information regarding the share issue required by the transaction will
be released on or about 3 October 2011.

Suominen has previously published a stock exchange release concerning the
acquisition on 4 August 2011.

Tampere, 27 September 2011

Suominen Corporation

Petri Rolig
President and CEO

For additional information, please contact:
Mr. Petri Rolig, President and CEO, tel. +358 (0)10 214 300
Mr. Arto Kiiskinen, Vice President and CFO, tel. +358 (0)10 214 300

Suominen produces high-quality flexible packaging, wet wipes and nonwovens for
industry and the retail sector. The Group is one of Europe's leading
manufacturers in all its business areas, with operations in Finland, Poland,
the Netherlands, and Russia. The Group had net sales of EUR 173 million in 2010
and it employs around 900 people. Suominen is listed on NASDAQ OMX Helsinki.
www.suominen.fi