Francotyp-Postalia Holding AG / Strategic Company Decision/Miscellaneous 27.11.2008 Release of a Corporate News, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- FP Group Introduces Longer Working Hours from December 1, 2008 - Return to 38-hour Week - Adjustments to Individual Working Hours - New Working Hours Underpin the FP Group's Realignment Birkenwerder, November 27, 2008. Francotyp-Postalia GmbH, a subsidiary of Francotyp-Postalia Holding AG, is adjusting its weekly working hours to match the German average. As from 1st December 2008, employees will work a full 38-hours week, instead of the previous 35-hours. No adjustments to pay will be made. 'Increasing working hours is a further important step to prepare the FP Group for the challenges of the coming years in a weaker economy, ' explained CEO Dr. Heinz-Dieter Sluma. 'This is essential so that Birkenwerder can keep pace with global competition among production sites in what is an ever tougher international market.' As a result of the longer working hours, the Company will be adjusting existing personnel capacity in some departments. At the same time, the Company has gone to great lengths to avoid terminating contracts, despite the tougher operating environment. Rather that cutting back on the headcount, it has decided to make adjustments to individual working hours. As Dr Sluma put it, 'The extensive restructuring of the FP Group in 2008 would not have been possible without the cooperation of all our employees. Despite the constraints we currently face, we want to offer all members of the FP Team a perspective for 2009 and beyond. However, this cannot be made at the risk of undermining the profitability of the FP Group.' The new working hours are currently being checked for compliance with German labour laws. The FP Group sees these new measures as a means of stabilizing personnel costs while further improving its competitive ability. Contact Francotyp Postalia Holding AG Sabina Prüser Tel: +49 (0)3303 525 410 Fax: +49 (0)3303 53707 410 E-Mail: s.prueser@francotyp.com The FP Group at a Glance Francotyp-Postalia Holding AG (FP Group) is a leading manufacturer of franking machines covering the whole value added chain in the outbound mail market. Its products and services range from franking and inserting machines to the collection, sorting and consolidation of outbound mail, as well as electronic hybrid mail solutions offering 21st century mail processing. Headquartered in Birkenwerder near Berlin, the FP Group offers businesses of all sizes individually tailored mailstream services. The FP Group has local branches in many industrialised countries and currently holds over 9% of the worldwide franking machine market. With a corporate history extending back over 80 years, today the FP Group is profiting from the growing liberalisation of mail markets and the increasing interest of businesses to delegate their outbound mail operations to professional service providers. In financial 2007, the Group employed around 1,100 people, with revenue of 145.1 million euros and an EBITDA of 26.3 million euros. Contact: Francotyp-Postalia Holding AG Media Relations Telefon: +49 (0)3303 525 777 Telefax: +49 (0)3303 53 70 77 77 E-Mail: pr@francotyp.com DGAP 27.11.2008 --------------------------------------------------------------------------- Language: English Issuer: Francotyp-Postalia Holding AG Triftweg 21-26 16547 Birkenwerder Deutschland Phone: +49 (0)3303 525 777 Fax: +49 (0)3303 53 70 77 77 E-mail: ir@francotyp.com Internet: www.francotyp.com ISIN: DE000FPH9000 WKN: FPH900 Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, Stuttgart, München, Düsseldorf End of News DGAP News-Service ---------------------------------------------------------------------------
DGAP-News: Francotyp-Postalia Holding AG: FP-Group Introduces Longer Working Hours from December 1, 2008
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