Nurminen Logistics Oyj

Earnings Release • Nov 30, 2011

Disclosure 295622

Nurminen Logistics Oyj - Company Announcement

Nurminen Logistics to adjust its operations to the market situation

Nurminen Logistics Plc Stock Exchange Release 30 November 2011 at 10.30 a.m. Nurminen Logistics plans to adjust its operations due to uncertain market situation and temporary drop in company's volume level. The company starts co-determination negotiations concerning approximately 170 people in the company's terminal and forwarding operations in Finland. According to company's perception the adjustments in question will be mainly temporary lay-offs with maximum length of 90 days. Despite the uncertain market situation and the drop in the volume levels company's outlook for 2011 is unchanged. The net sales of the company are expected to increase by approximately 10% in 2011 compared to 2010. The company's operating result is expected to be slightly better than in 2010. NURMINEN LOGISTICS PLC Topi Saarenhovi President and CEO Further information: Mr. Topi Saarenhovi President and CEO Tel. +358 10 545 2431 DISTRIBUTION NASDAQ OMX Helsinki Ltd Major Media www.nurminenlogistics.com Nurminen Logistics Plc Nurminen Logistics provides high-quality logistics services, such as railway transports, terminal services, forwarding, special and heavy transport and value added services. 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 CIS countries. The company's share is listed on NASDAQ OMX Helsinki.