Negotiations on personnel reductions in Finland

Negotiations between management and labour unions have been initiated
in Nobia's business unit Novart. The required adaptation of
production capacity is due to a reduced demand for kitchens for the
new-build segment in Finland.


For further information, contact:
Preben Bager, President and CEO
Ingrid Yllmark, IRO
Telephone +46 8 440 16 00 or +46 708 65 59 00
or
Jorma Lehtovuori, Business Unit Manager of Novart
Telephone +358 400 352 174

Nobia AB
5 September 2008



Nobia is the leading kitchen company in Europe with operations in
some ten countries. The Group manufactures and sells complete kitchen
solutions through many strong local and international brands,
including Magnet in the UK, HTH in the Nordic region, Hygena in
France and Poggenpohl internationally. Sales are generated through
specialised kitchen studios, retailers and direct to corporate
customers. Nobia creates profitable growth by working according to
the company's strategic cornerstones. Nobia has about 8,500 employees
and annual net sales of approximately SEK 16 billion. The Nobia share
is listed on the OMX Nordic Exchange Stockholm AB under the shortname
NOBI, in the Consumer Discretionary sector. Nobia is included in the
OMX Stockholm Benchmark Index.  Website: www.nobia.com