LAROX CORPORATION COMPANY ANNOUNCEMENT 24 June 2010 at 11.30 am LAROX OYJ EXEMPTED FROM THE OBLIGATION TO PUBLISH AN INTERIM REPORT FOR THE PERIOD 1 JANUARY-30 JUNE 2010 The Finnish Financial Supervisory Authority has granted Larox Corporation (“Larox”) an exemption from the obligation to publish an interim report for the period 1 January-30 June 2010 pursuant to Chapter 2, Section 11 of the Finnish Securities Market Act. Outotec Oyj (“Outotec”) has on 10 June 2010 gained title to all minority shares in Larox in the redemption proceedings under Chapter 18 of the Finnish Companies Act. The listing of the Larox series B shares on NASDAQ OMX Helsinki Ltd was terminated on 10 June 2010. In its decision, the Financial Supervisory Authority has, among other things, taken into account that in the redemption proceedings under Chapter 18 of the Finnish Companies Act, the redemption price is determined based on the fair price during the period preceding the initiation of the arbitral proceedings. The arbitral proceedings became pending on 5 March 2010. Larox has published an interim report for the period 1 January-31 March 2010. As the arbitral proceedings were initiated during said time period, the exemption cannot, according to the decision of the Financial Supervisory Authority, be considered to endanger the position of investors. In Helsinki on 24 June 2010 Larox Corporation For further information: Mr. Matti Julku Substitute for the Managing director Phone +358 20 529 4252 Fax +358 20 529 4277 Matti.julku@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 550 employees. Larox has assembly shops in Finland and in China, and the Group is headquartered in Lappeenranta, Finland. Net sales in 2009 totaled 150.2 million euros, of which more than 93 % were generated by exports and the company's foreign operations. Larox is a subsidiary of Outotec.
LAROX OYJ EXEMPTED FROM THE OBLIGATION TO PUBLISH AN INTERIM REPORT FOR THE PERIOD 1 JANUARY - 30 JUNE 2010
| Source: Larox Oyj