Martela Oyj

Regulatory Filings • Mar 7, 2012

MARTELA INITIATES CO-OPERATION NEGOTIATIONS TO FORM SERVICE PRODUCTION UNIT

Martela has today convened a meeting for statutory co-operation negotiations concerning the integration of activities and it's possible personnel impacts in Martela Corporation's service production, Muuttopalvelu Grundell Oy and Grundell Henkilöstöpalvelut Oy. The target of considered integration is to achieve improving efficiency in the operations and to secure the clarity and quality of the customer services.

The negotiations concern white-collar and blue-collar employees in Martela Corporation's service production, white-collar employees excluding foreign removal and sales department in Muuttopalvelu Grundell Oy and white-collar employees in Grundell Henkilöstöpalvelut Oy. It is preliminary estimated that negotiations might lead to the maximum reduction of 20 persons.

Regardless of the negotiations the services will be offered also in the future in Muuttopalvelu Grundell Oy by using Grundell brand.

MARTELA CORPORATION Heikki Martela Managing Director

Additional information Martela Corporation Heikki Martela, Managing Director, tel +358 50 502 4711 Panu Ala-Nikkola, Director, Business Unit Finland, tel +358 50 502 4728 Markku Pirskanen, CFO, tel +358 40 517 4606

Muuttopalvelu Grundell Oy Janne Tiri, Managing Director, tel +358 40 555 2722

Distribution NASDAQ OMX Helsinki Main news media www.martela.com