CHANGES IN TAMFELT CORP.'S OWNERSHIP DUE TO COMBINATION OF SHARE SERIES AND DIRECTED FREE ISSUE OF SHARES - NOTIFICATION IN ACCORDANCE WITH THE FINNISH SECURITIES MARKET ACT CHAPTER 2 SECTION 10

TAMFELT CORP. STOCK EXCHANGE RELEASE September 1, 2009 at 3.45 p.m.             

CHANGES IN TAMFELT CORP.'S OWNERSHIP DUE TO COMBINATION OF SHARE SERIES AND     
DIRECTED FREE ISSUE OF SHARES - NOTIFICATION IN ACCORDANCE WITH THE FINNISH     
SECURITIES MARKET ACT CHAPTER 2 SECTION 10                                      

Tamfelt Corp.'s Extraordinary General Meeting decided on 31 August 2009 that the
Company's two share series (preferred and common shares) will be combined. The  
combination of the share series involves a directed free share issue for holders
of common shares. Following the combination, the Company will have only a single
class of shares with equal rights, carrying one vote each. The combination of   
the shares and the directed share issue will affect Tamfelt Corp.'s ownership   
structure when the combined and new shares have been registered in the trade    
register on 3 September 2009.                                                   

Tamfelt has been informed of the following changes in ownership that will come  
to effect when the combined and new shares have been registered in the trade    
register:                                                                       

Ilmarinen Mutual Pension Insurance Company's share of Tamfelt Corp.'s votes will
increase to more than 1/20 (5 %). Following the transaction Ilmarinen Mutual    
Pension Insurance Company's holding of Tamfelt Corp.'s shares and votes will be 
2,153,560 or 7.16% of Tamfelt Corp.'s shares and votes.                   

Mandatum Life Insurance Company's share of Tamfelt Corp.'s votes will decrease  
to less than 1/20 (5 %). Following the transaction Mandatum Life Insurance      
Company's holding of Tamfelt Corp.'s shares and votes will be 1,005,313 or 3.34 
% of Tamfelt Corp.'s shares and votes.                                    

Waldemar von Frenckells Foundation's share of Tamfelt Corp.'s votes will        
decrease to less than 1/20 (5 %). Following the transaction Waldemar von        
Frenckells Foundation's holding of Tamfelt Corp.'s shares and votes will be     
876,825 or 2.91 % of Tamfelt Corp.'s shares and votes.                    


TAMFELT CORP.                                                                   


Reima Kerttula                                                                  
President & CEO                                                                 


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 1,400 people and its net sales in 
2008 were 165.0 million euro. Founded in 1797, the company is one of the        
pioneers of Finnish industry.