Tiimari Plc Stock Exchange Release 21.1.2008 GALLERIX INTERNATIONAL AB, A SUBSIDIARY OF TIIMARI PLC STARTS CO-DETERMINATION NEGOTIATIONS TO REACH THE FIRST PART OF THE ESTIMATED SYNERGY ADVANTAGES Gallerix International AB, a subsidiary of Tiimari Plc which Tiimari acquired in early November last year, starts the co-determination negotiations related to its Swedish activities. The target of the negotiations is to achieve the synergy benefits of the overlapping activities within purchasing- and administration organisations according to targets defined during the acquisition process. The benefits of this action are estimated to be reached partially already by the end of this year and fully during year 2009. The planned synergy advantages arising from the Gallerix acquisition are altogether estimated to be 1 million Eur on an annual level. The co-determination negotiations will involve approximately 15 persons. Tiimari Plc Kristina Illi Additional Information Kristina Illi, Managing Director, Tiimari Oyj Abp, +358 400 408 889 Thomas Sonesson, Managing Director, Gallerix International AB, + 46 708133190
Gallerix International AB, a subsidiary of Tiimari Plc starts co-determination negotiations to reach the first part of the estimated synergy advantages
| Source: Tiimari Oyj Abp