IXONOS PLC STOCK EXCHANGE RELEASE 29 APRIL 2008 at 10.10 am IXONOS AND STAFF COMMENCE CO-OPERATION NEGOTIATIONS In order to make the company's operations more efficient after a strong growth period and several acquisitions, and also to prepare for a possible decrease in growth, Ixonos launches a rationalization program during the second quarter. The program is aimed at rationalizing the Group's administration and support functions, boosting the proportion of chargeable work performed by the company's specialist staff, and increasing the contribution of international offices in proportion to the service production of the entire Group. The co-operation negotiations apply to the Group's administration and support functions, as well as to its offices in Finland. Possible terminations, lay-offs and task rearrangements that may be decided on as a result of the negotiations will affect approximately 60-80 persons. The program seeks to achieve some EUR 3 million in yearly savings as from the fourth quarter of the current financial period. Any action regarding personnel will not affect the production of services for Ixonos' customers. IXONOS PLC BOARD OF DIRECTORS For more information, please contact: Ixonos Plc Kari Happonen, tel. +358 424 2231, GSM +358 400 700 761, kari.happonen@ixonos.com Distribution: OMX Nordic Exchange Helsinki Main media
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