PKC'S CO-DETERMINATION NEGOTIATIONS IN FINLAND HAVE ENDED

PKC Group Oyj         Company Announcement 3 October 2011           2.00 p.m.

PKC’S CO-DETERMINATION NEGOTIATIONS IN FINLAND HAVE ENDED

PKC Group Oyj’s subsidiary, PKC Electronics Oy, has today finalised the co-determination negotiations in Finland.

Negotiations were conducted on the basis of employer’s initiative made on 17 August 2011, according to which the estimated need for personnel cuts totalled 80. As a result of the negotiations the need for personnel cuts was specified to 77 persons.

Rationalisation measures lead to approximately EUR 1.1 million in non-recurring expenses for the last quarter on this year. This has no effect on the previously published outlook for the future.

PKC Group Oyj

Harri Suutari

President & CEO

For additional information, contact

Harri Suutari, President & CEO, PKC Group Oyj, +358 400 384 937

Distribution

NASDAQ OMX

Main media

www.pkcgroup.com

The PKC Group offers design and contract manufacturing services for wiring harnesses, cabling and electronics. The Group has production facilities in, Finland, Brazil, China, Estonia, Ireland, Mexico, Poland, Russia and the USA. The Group's net sales in 2010 totalled EUR 316.1 million. PKC Group Oyj is listed on NASDAQ OMX Helsinki Ltd.