RAUTE CORPORATION STOCK EXCHANGE RELEASE 30 January 2009 at 8.00 a.m. RAUTE CONTINUES TO ADAPT ITS OPERATIONS Raute Corporation adapts its operations to the weak continuing market situation and has initiated negotiations in compliance with the Act on Co-operation with the salaried and senior salaried employees of the Finnish units. The negotiations have also been initiated with the hourly workers of the Jyväskylä unit. The negotiations concern altogether approximately 280 employees. With regard to the rest of the personnel, the earlier agreed adaptation measures are sufficient for the time being. During the 6 weeks continuing negotiations, reasonable solutions are sought to secure undisturbed customer service and competitiveness. The company strives primarily to adapt the operations through interim lay-offs of different duration, working hour arrangements, training, and development efforts. The adjustment measures resulting of the negotiations are carried out in phases to secure the delivery capability. When deciding on the measures, the views of the personnel are taken into consideration. RAUTE CORPORATION Tapani Kiiski President and CEO FURTHER INFORMATION: Mr. Tapani Kiiski, President and CEO, Raute Corporation, tel. +358 3 829 3560, mobile phone +358 400 814 148 Ms. Arja Hakala, CFO, Raute Corporation, tel. +358 3 829 3293, mobile phone +358 400 710 387 RAUTE IN BRIEF: Raute is a technology company serving the wood products industry worldwide. Its most important customers are the plywood and LVL industries. The company is one of the world's leading suppliers of mill-scale projects to these customer industries. The total service concept also includes technology services, with which Raute supports its customers throughout the entire life cycle of their investments. Raute's head office and main production plant are in Nastola, Finland. Its other production plants are in the Vancouver area of Canada, in the Shanghai area of China, and in Jyväskylä and Kajaani, Finland. Net sales in 2007 were EUR 111 million and the number of personnel 570. More information on the company can be found at www.raute.com. DISTRIBUTION: NASDAQ OMX Helsinki Ltd., main media, www.raute.com