The collective termination of employment contracts


AS Norma has filed a request to the Labor Inspectorate for applying the
collective termination of employment contracts with 52 AS Norma employees at
the beginning of 2009. The employment termination is a result of decreasing
sales of Russian, Ukraine and Western-European car manufacturers, which has led
to a considerable decrease in AS Norma production volumes and thus to the
necessity of reducing the workforce. According to December specified forecasts,
the production volumes will not restore to the previous level during 2009. 

Peep Siimon
Chairman of the management board
+ 372 6500 442