Neomarkka Plc STOCK EXCHANGE RELEASE DECEMBER 16, 2008 at 2.10 PM NEOMARKKA´S SUBSIDIARY REKA CABLES LTD'S CO-OPERATION NEGOTIATIONS FINISHED Neomarkka Plc´s subsidiary Reka Cables Ltd's co-operation negotiations concerning factories in Hyvinkää and in Keuruu have been finished. The negotiations started on November 11, 2008. The outcome of the negotiations is lay-offs. The lay-offs concern 110 employees. The lay-off time per employee will be less than 90 days. The lay-offs in Hyvinkää factory have been started. The lay-offs in Keuruu factory will start only in 2009. Neomarkka Plc Sari Tulander CFO FURTHER INFORMATION: Managing Director Jorma Leskinen, Reka Cables Ltd, tel. +358 209 200 311 DISTRIBUTION NASDAQ OMX Helsinki Main media www.neomarkka.fi
NEOMARKKA´S SUBSIDIARY REKA CABLES LTD'S CO-OPERATION NEGOTIATIONS FINISHED
| Source: Neo Industrial Oyj