Nurminen Logistics Oyj

Earnings Release • Apr 12, 2012

Disclosure 299068

Nurminen Logistics Oyj - Company Announcement

Nurminen Logistics publishes preliminary information of its January-March 2012 result and updates its outlook to be more positive

Nurminen Logistics Plc Stock Exchange Release 12 April 2012 at 10 a.m. EET Nurminen Logistics Plc has decided to publish preliminary information of its January-March 2012 result because the result in the review period is higher than expected. Key figures 1 January - 31 March 2012 -- Net sales increased 1.7 percent to EUR 18.0 million (1-3/2011: EUR 17.7 million). -- Operating profit increased 267 percent to EUR 1.0 million (1-3/2011): EUR -0.6 million). Nurminen Logistics' year has started better than expected and the company has improved its net sales and operating profit. This was mostly due to the increased profitability of railway logistics and more efficient operation of wagons. Company's railway logistics sales in Russia and other CIS countries have developed better than planned. The company has also been able to increase its net sales in transit logistics from Baltic countries and Finland to Russia. Nurminen Logistics updates its year 2012 outlook. Outlook published on 24 February 2012: The net sales of the company are expected to increase in 2012 compared to 2011. The company's operating result is expected to be better than in 2011. New outlook published on 12 April 2012: The net sales of the company are expected to increase in 2012 compared to 2011. The company's operating result is expected to be clearly better than in 2011. Nurminen Logistics will publish the first quarter interim report on 4 May 2012. Nurminen Logistics Plc Topi Saarenhovi President and CEO For further information, please contact: Topi Saarenhovi, President and CEO, tel. +358 10 545 2431 Distribution: NASDAQ OMX Helsinki Major Media www.nurminenlogistics.com Nurminen Logistics provides high-quality logistics services, such as railway transports, terminal services, forwarding and special and heavy transports. The company has collected logistics know-how from three centuries, starting in 1886. Nurminen Logistics' main market areas are Finland, the Baltic Sea region, Russia and other Eastern European countries. The company's share is listed on NASDAQ OMX Helsinki.