Distribution of Annual Report to Shareholders

30th June 2010

                                     POWERFLUTE OYJ
                        DISTRIBUTION OF ANNUAL REPORT TO SHAREHOLDERS

Powerflute Oyj (the "Company" or “Powerflute”), the packaging group with
established positions in Nordic semi-chemical fluting and coated woodfree
papers, today announces that, pursuant to AIM Rule 20, its Annual Report for
the financial year ended 31 December 2009 ("Annual Report") has been posted to
shareholders. The Annual Report as dispatched to the shareholders of the
company is available to view and download from the Company's website
(www.powerflute.com). 

- Ends- 

Contacts
For additional information please contact:
Powerflute OYJ

Dermot Smurfit (Chairman)
Marco Casiraghi (Chief Executive)
David Walton (Chief Financial Officer)
		
c/o Billy Clegg, Financial Dynamics
+44 (0)20 7269 7157

Collins Stewart Europe Ltd:
Piers Coombs
Mark Dickenson		
+44 (0)20 7523 8350

E.Öhman J:or Fondkommission AB:
Ms Arja Väyrynen		
+358 9 8866 6029

Financial Dynamics:
Billy Clegg		
+44 (0)20 7831 3113

K Capital Source
Mark Kenny
Jonathan Neilan		
+353 (1) 663 3686

About Powerflute
Powerflute Oyj (“the Company” or “Powerflute”) is a packaging group with
established positions in Nordic semi-chemical fluting and coated woodfree
papers. Powerflute is listed on the AIM market of the London Stock Exchange
(Ticker: POWR) and on the First North list, the alternative market of the OMX
Nordic Exchange Stockholm AB (Ticker POW1V). 

Through its subsidiary Savon Sellu Oy, the Group operates a paper mill in
Kuopio, Finland which produces a specialised form of semi-chemical fluting made
from birchwood sourced principally in Finland and Russia. Corrugated boxes
manufactured using Nordic semi-chemical fluting demonstrate exceptional
strength and moisture resistance and are extensively used for transportation of
fruit and vegetables, high-value industrial goods such as electrical appliances
and automotive components. The Kuopio mill has the capacity to produce up to
300,000 tonnes per annum and is one of three suppliers of Nordic semi-chemical
fluting in Europe. 

Through its recently acquired subsidiary Papierfabrik Scheufelen, the Group
operates a paper mill in Lenningen, Germany which produces a range of coated
woodfree papers from mixed hardwood and softwood pulps. Coated woodfree papers
are used in the production of printed promotional material such as brochures,
leaflets and other point of sale materials for producers and distributors of
premium branded goods. The Lenningen mill has the capacity to produce up to
300,000 tonnes per annum and supplies the majority of its products into the
European market where total demand has historically been in excess of 7.7
million tonnes per annum.