Ixonos Plc Stock Exchange Release 3 June 2008 at 9.40 IXONOS PLC'S CO-OPERATION NEGOTIATIONS HAVE CONCLUDED Ixonos Plc has completed the co-operation negotiations on the Group's administration, support functions and Finnish offices. The negotiations began on 6 May 2008. In April, Ixonos commenced a rationalization program in order to evolve the Group's operations after a period of strong growth and several acquisitions. The program is aimed at rationalizing the Group's administration and support functions, boosting the ratio of chargeable work performed by the company's specialist staff, and increasing the contribution of international offices in proportion to the service production of the entire Group. The co-operation negotiations related to the rationalization program have been completed on an accelerated schedule. On a Group level, the negotiations will result in the termination of 32 employees, and in 7 lay-offs. The lay-offs will affect employees that the Group estimates will be able to perform chargeable client work in the near future. The Haapajärvi unit, which has carried out testing work, will be closed, as testing operations are concentrated to countries with a lower cost level. Part of the unit's 8 employees has been offered an opportunity to transfer to new duties at the company's other locations. In total, the terminations and lay-offs affect approximately 4% of specialist staff, and approximately 7% of staff in administration, support functions, and service product units. The periods of notice and the lay-offs will begin 11 June 2008 at the earliest. In addition, 13 employees have given their notice during the process. The realized savings will amount to approximately EUR 2.5 million from the third quarter of this year. In order to increase productivity, the company continues to develop and rationalize its operations. IXONOS PLC Kari Happonen President and CEO For more information, please contact: Ixonos Plc Kari Happonen, tel. +358 424 2231, mobile +358 400 700 761, kari.happonen@ixonos.com Distribution: OMX Nordic Exchange Helsinki Main media