Finnair Oyj

Legal Proceedings Report • Dec 6, 2010

Disclosure 282923

Finnair Oyj - Company Announcement

Finnish Cabin Crew Union reject settlement proposal, strike continues

FINNAIR PLC STOCK EXCHANGE RELEASE 6.12.2010 at 15.20 pm The Finnish Cabin Crew Union (SLSY) has rejected a settlement proposal on the collective agreement of Finnair's cabin staff. The cabin crew strike will continue and no date has been agreed for the resumption of negotiations. "In my opinion, it is appalling that the SLSY has rejected a settlement proposal produced with considerable effort. The proposal was a compromise in which both parties would have succeeded in achieving important objectives. We would have been prepared to give way in changing the days-off system, which was a key concern of the SLSY. Despite this, we could have accepted the proposal," says Finnair's President & CEO Mika Vehviläinen. During the strike, which began last Tuesday, Finnair has managed to operate around 40% of its flight traffic by using capacity leased from other airlines. Some of the cabin staff also reported for work despite the strike. "We are now making every effort to increase the level of traffic by new means. To my mind, it is unreasonable to harness Finnair customers and Finnish business to the pursuit of the unreasonable goals of one key group," says Vehviläinen. A press conference will be held at 15.30 today, at the Hotel Scandic Simonkenttä, Helsinki. Finnair Plc Communications Taneli Hassinen Vice President, Financial Communications and Investor Relations tel. +358 9 818 4976