TAMFELT CORP. STOCK EXCHANGE RELEASE April 7, 2009 at 2:30 p.m. TAMFELT'S FIRST QUARTER RESULTS WILL BE SLIGHTLY NEGATIVE The weak demand situation that began in late 2008 has continued through the first months of 2009 stronger than expected. As a result, the demand for Tamfelt products has been at a low level. Due to the weak market situation, the customers have minimized their inventories, curtailed their production, and postponed investments. This has affected the net sales and results-making ability of the Tamfelt Corp. units operating in Tampere, Finland, in particular. Tamfelt's net sales in January-March 2009, approximately 30.6 million euro, was down 19% from the fourth quarter of 2008. The lower net sales, and the one-time booking of approximately one million euro resulting from lay-offs will cause Tamfelt's first quarter results to be slightly negative. The full effect of the restructuring and cost savings programs agreed upon in the joint consultations will not show until in the results at the end of the year. In the Financial Statement Bulletin on February 6, 2009, Tamfelt estimated that both the net sales and the operating profit were expected to fall appreciably in 2009 from the level of 2008. The company's liquidity is expected to remain good. Tamfelt publishes the Interim Report for January-March 2009 on April 28, 2009. The figures now given are still preliminary. Tamfelt Corp. Reima Kerttula President and CEO For more information: Mr. Reima Kerttula, President and CEO, tel. +358 400 648 458. DISTRIBUTION NASDAQ OMX Helsinki Ltd Main media www.tamfelt.com Tamfelt is a world-leading supplier of technical textiles. The company's main products are clothing products for the paper and pulp as well as mining and chemical industries. The Group employs about 1,500 people and its net sales in 2008 were 164.7 million euro. Founded in 1797, the company is one of the pioneers of Finnish industry.