Harju Elekter Group has submitted requests to the Labour Inspectorate and has also received permission for the application of part-time working time in subsidiaries AS Harju Elekter Elektrotehnika and AS Eltek. According to need, it will be possible to apply part-time working time in the case of up to 169 people, in the period of time from 23 February to 30 April 2009. The need to apply part-time working time arises from a decline in production volumes due to a decrease in orders in the first half of this year. Part-time working time is 60% of the standard for working time or 24 hours a week, increasing the flexibility of the company in the organisation of work in a changing economic environment. At the present time, it is difficult to estimate when the situation will stabilise and normal business and production organisation will recover. Harju Elekter is a leading manufacturer of electrical plants and materials in the Baltic States. Harju Elekter Group includes the manufacturers of electrical plants in Estonia, Finland and Lithuania: AS Harju Elekter Elektrotehnika (100%), Satmatic Oy (100%) and Rifas UAB (51%), as well as the manufacturer of telecommunications products AS Eltek (100%) and the related company AS Draka Keila Cables (34%). Harju Elekter also has financial investments in the Latvian seller of electrical equipment SIA Energokomplekss (10%) and the Finnish stock company PKC Group Oyj (8%). Andres Allikmäe Chairman of the Board Phone: +372 674 7400