LAROX CORPORATION COMPANY ANNOUNCEMENT 13th July 2009 at 9.00 am. LAROX TO IMPLEMENT STRUCTURAL ADJUSTMENTS IN THE NETHERLANDS The global financial crisis has weakened demand for industrial filtration solutions and services. Following the weak market situation and low order intake Larox Corporation's subsidiary in the Netherlands, Larox B.V., has finished the negotiations with its personnel representatives to close down its local Engineering and Purchasing department. As a result of these negotiations the fixed labour will reduce by 16 people. Personnel arrangements have been carried out through employment terminations. The engineering and purchasing operations will be taken over by the other Larox units including Larox China. The arrangement is estimated to cause a one-time cost, which is approximately 1,5 million euros. The cost will be realized during this year. The arrangement will bring annual savings approximately 1,1 million euros starting from the fiscal year 2010. Larox Corporation For further information: Topi Karppanen President & CEO Phone +358 (0) 20 7687210 Fax +358 (0) 20 7687277 topi.karppanen@larox.com www.larox.com Distribution NASDAQ OMX Helsinki Ltd., Central Media Larox develops, designs and manufactures industrial filters and is a leading technology company in its field. Larox is a full service solution provider in filtration for separating solids from liquids. It supplies comprehensive aftermarket services throughout the lifespan of the Larox solution. Companies world-wide in mining and metallurgy, chemical processing and related industries benefit from the Larox technologies. Larox operates in over 40 countries and has over 590 employees. Larox Group is headquartered in Lappeenranta, Finland where the Group also has production facilities. Net sales in 2008 totaled 208 million euros, of which more than 93 % were generated by exports and the company's foreign operations.