Ahlstrom's listing application submitted to the Helsinki Stock Exchange

Not for release, publication or distribution, in whole or in part, in or into the United States, Canada, Australia or Japan.
The Board of Directors of Ahlstrom Corporation resolved on 27 February 2006 to apply for listing of the company's share on the main list of the Helsinki Stock Exchange. The company has today submitted its listing application to the Helsinki Stock Exchange. The trading in the shares is expected to commence on the prelist on or about 14 March 2006 and on the main list on or about 17 March 2006.
Ahlstrom Corporation
Jukka Moisio
President & CEO
For additional information, please contact:
Gustav Adlercreutz, Senior Vice President, Administration and General Counsel, tel +358 10 888 4727
This document is not a prospectus and as such does not constitute an offer to sell securities. Investors should not subscribe for any securities referred to in this document, except on the basis of the information contained in a prospectus. Offers will not be made directly or indirectly in any jurisdiction where prohibited by applicable law or where any registration or prospectus or other requirements would apply in addition to those undertaken in Finland.
These materials are not an offer for sale of securities in the United States or in any jurisdiction of the European Economic Area. 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 has not registered, and does not intend to register, any portion of any offering of its securities in the United States, and does not intend to conduct a public offering of its securities in the United States.
This press release may not be distributed or sent into the United States, Australia, Canada or Japan. 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 entities, and other persons to whom it may lawfully be communicated, falling within Article 49(2)(a) to (d) of the Order (all such persons together being referred to as "relevant persons"). The offer shares are only available to, and any invitation, offer or agreement to subscribe, purchase or otherwise acquire such offer shares will be engaged in only with, relevant persons. Any person who is not a relevant person should not act or rely on this press release or any of its contents.
This press release is an advertisement for the purposes of applicable measures implementing Directive 2003/71/EC (such Directive, together with any applicable implementing measures in the relevant home Member State under such Directive, the "Prospectus Directive"). A prospectus prepared pursuant to the Prospectus Directive will be published in Finland and will be available to the public at the subscription places for the Offering in Finland.
Any offer of securities to the public that may be deemed to be made pursuant to this communication in any EEA Member State that has implemented Prospectus Directive is only addressed to qualified investors in that Member State within the meaning of the Prospectus Directive.
This press release includes forward-looking statements. These forward-looking statements include all matters that are not historical facts, statements regarding Ahlstrom's intentions, beliefs or current expectations concerning, among other things the Ahlstrom's results of operations, financial condition, liquidity, prospects, growth, strategies and the industry in which Ahlstrom operates. By their nature, forward-looking statements involve risks and uncertainties because they relate to events and depend on circumstances that may or may not occur in the future, and speak only as of the date they are made. Ahlstrom cautions you that forward-looking statements are not guarantees of future performance and that its actual results of operations, financial condition and liquidity and the development of the industry in which Ahlstrom operates may differ materially from those made in or suggested by the forward-looking statements contained in this presentation. In addition, even if Ahlstrom's results of operations, financial condition and liquidity and the development of the industry in which Ahlstrom operates are consistent with the forward-looking statements contained in this press release, those results or developments may not be indicative of results or developments in future periods. Ahlstrom does not undertake any obligation to review or confirm expectations or estimates or to release publicly any revisions to any forward-looking statements to reflect events that occur or circumstances that arise after the date of this press release.