PONSSE OYJ STOCK EXCHANGE RELEASE 20 MARCH 2008 AT 9:00 AM Juho Nummela to become Ponsse Oyj's President and CEO and Jarmo Vidgrén to become Deputy CEO On Wednesday 19 March 2008 Ponsse Oyj's Board of Directors appointed Dr. Tech. Juho Nummela (31) as the company's new President and CEO. Nummela will assume his new position on 1 June 2008. Juho Nummela has been working for Ponsse Oyj since 2002. Nummela began as the Director of Quality and IT Department. In 2005, he became a member of the Board. Since 2006 he has been a Factory Director. Ponsse Oyj's Board of Directors appointed Jarmo Vidgrén (32) as the Group Sales and Marketing Director and Deputy to the CEO and President. He will move to his new tasks from the position of Sales Director responsible for domestic and Northern European sales. "In the past few years, Ponsse has developed strongly. As for the company's operations, we find it very important to continue with the same strategy that has taken the company further. We also want re-arrange managerial duties so that the CEO has a clear role in implementing the company's strategy and developing its operations. At the same time, we are investing more in sales and marketing by establishing the post of a Group Sales and Marketing Director to whom all regional directors will report. Within the company we have strong competence and people who can continue the development. The appointment of Juho Nummela meets the expectations we have for the new President and CEO," says Einari Vidgrén, Chairman of the Board of Directors. Vieremä, 20 March 2008 PONSSE OYJ FURTHER INFORMATION Chairman of the Board Einari Vidgrén, tel. +358 400 672 574 President and CEO Juho Nummela, tel. +358 400 495 690 DISTRIBUTION OMX Nordic Exchange Helsinki Principal media www.ponsse.com
Juho Nummela to become Ponsse Oyj's President and CEO and Jarmo Vidgrén to become Deputy CEO
| Source: Ponsse Oyj