CENCORP CORPORATION STOCK EXCHANGE RELEASE 16.12.2008 CENCORP CORPORATION STARTS STATUTORY NEGOTIATIONS AND FINANCING POSITION OF THE COMPANY TIGHTENS The Board of Cencorp Corporation has decided to start statutory negotiations in Finnish companies of the group. Reason for negotiations is a need to adjust operations to correspond exceptionally fast weakened demand situation. Target of the negotiations is lay-offs based on financial and production related grounds. The negotiations start on December 23, 2008 and they concern personnel as a whole. If the demand remains on low level Cencorp Corporation needs additional financing in the beginning of year 2009. In Lohja, December 16, 2008 Cencorp Corporation BOARD OF DIRECTORS Further information: Jarmo Kanervo Acting CEO Tel. +358 40 5278802 Cencorp develops and supplies automation solutions to the electronics and semiconductor industry that enhance productivity. Distribution: Helsinki Stock Exchanges Main media www.cencorp.com Neither this press release nor any copy of it may be taken, transmitted into or distributed in the United States of America or its territories or possessions.
CENCORP CORPORATION STARTS STATUTORY NEGOTIATIONS AND FINANCING POSITION OF THE COMPANY TIGHTENS
| Source: Valoe Oyj