PKC Group Oyj STOCK EXCHANGE RELEASE 15 December 2008 2 p.m PKC GROUP CONTINUES ADJUSTMENT MEASURES IN PRODUCTION STRUCTURES PKC Group continues adjustment measures in order to decrease costs by closing down one of its factories in Russia and concentrating the production in China to one factory. PKC Group closes down its wiring harness factory in Pskov, Russia due to the lowered production volumes and factory's loss making operations. Factory has employed about 350 employees. In the future, deliveries will be made from PKC Group's factories in Kostomuksha, Russia and Estonia. PKC Group centralises its production in Suzhou, China into one factory. The personnel decrease is about 100 employees. Adjustment measures will lead to about EUR 4 million one-off costs, which shall have an effect on the year 2008 Financial Statements. PKC Group Oyj Harri Suutari President & CEO For additional information, contact Harri Suutari, President & CEO, PKC Group Oyj, + 358 400 384 937 Distribution NASDAQ OMX Main media www.pkcgroup.com The PKC Group offers design and contract manufacturing services for wiring harnesses, cabling and electronics. The Group has production facilities in Finland, Brazil, China, Mexico, Estonia and Russia, and employs over 5,500 people. The Group's net sales in 2007 totalled EUR 288.6 million. PKC Group Oyj is listed on NASDAQ OMX Helsinki Ltd.