Rapala VMC Corporation
Stock Exchange Release
October 24, 2008 at 1.15 pm
Kaupthing Bank hf., Finnish Branch, ("Kaupthing") has send a notice
to Rapala VMC Corporation ("Rapala") to terminate the liquidity
providing for Rapala's share because The Finnish Financial
Supervision Authority has temporarily suspended the operations of
Kaupthing. The termination will be effective after a period of 30
days. During the notice period of 30 days Kaupthing will not be
supplying liquidity providing services to Rapala.
RAPALA VMC CORPORATION
Jorma Kasslin
Chief Executive Officer
For further information: Olli Aho, Company's Legal Councel, tel. +358
9 7562 540
Distribution: NASDAQ OMX Helsinki and Main Media
Rapala VMC Corporation is a leading fishing tackle company and the
global market leader in the fishing lures, treble hooks and fishing
related knives and tools. The Group also has a strong global position
in other fishing categories. The Group has its own distribution
companies in all the main markets and the largest distribution
network in the industry. The main manufacturing facilities are
located in Finland, France, Estonia, Russia and China. The Group
brand portfolio includes the leading brand in the industry, Rapala,
and other global brands like VMC, Storm, Blue Fox, Luhr Jensen,
Williamson, Marttiini and Sufix. The Group, with net sales of EUR 242
million in 2007, employs some 3 500 people in 30 countries.
