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Vaahto Pulp & Paper Machinery Received an Order from Powerflute Oyj to Savon Sellu Mill

VAAHTO GROUP PLC OYJ STOCK EXCHANGE RELEASE 15.8.2007 at 2.00 p.m.

VAAHTO PULP & PAPER MACHINERY RECEIVED AN ORDER FROM POWERFLUTE OYJ TO SAVON SELLU MILL

Powerflute Oyj has signed an agreement with Vaahto Pulp & Paper Machinery for a new headbox and modernisation of the short circulation of its Savon Sellu mill in Finland. At the same time mill automation upgrade programme will be continued.

The fluting paper machine at Savon Sellu mill is 7 m wide and operates at max. speed of 850 m/min. This is a repeat order from Powerflute: Vaahto supplied press modernization to Savon Sellu in autumn 2006.

Start-up of the investment will be in May 2008. Vaahto Pulp & Paper Machinery’s order amounts to approximately 3 million euros.

Vaahto Pulp & Paper Machinery is a part of Vaahto Group, which is a globally operating high technology company serving process industry in the fields of pulp and paper machinery and process machinery.

Lahti, August 15, 2007

VAAHTO GROUP PLC OYJ

Antti Vaahto

CEO

Information:

Jyrki Strengell

Vice President, Sales & Marketing

Vaahto Pulp & Paper Machinery

tel. +358 400 613800