FINNAIR PLC STOCK EXCHANGE RELEASE 5.5.2009 13.45 FINNAIR SUBSIDIARY NORTHPORT OY COMPLETES YT NEGOTIATIONS Finnair's subsidiary Northport Oy, which provides ground handling services, has completed the statutory employer-employee negotiations (YT negotiations) that began on 2 March 2009. The objective of the negotiations was to achieve savings of at least 3.5 million euros in personnel costs. “Air traffic at Helsinki-Vantaa is concentrated in peak periods, outside of which the number of flights has clearly reduced. Northport Oy's operations will be directed in future more at these peak traffic periods, outside of which the need for labour is much lower,” says Northport's Managing Director Jukka Hämäläinen. The labour reduction requirement was estimated in March at 90 man years. The reduction will be implemented through the redundancy of 15 employees, by making 138 positions part-time, and by laying off 87 employees for two weeks. Northport Oy has a total of 858 employees. Finnair Plc Communications Further information: Jukka Hämäläinen, Managing Director, tel. +358 9 818 5300 (14.30-16.30)