Atria Oyj

Business and Financial Review • Sep 28, 2009

Disclosure 272909

Atria Oyj - Company Announcement

Atria to launch an extensive efficiency improvement programme in Finland

ATRIA PLC COMPANY ANNOUCEMENT 28 September 2009, 10:00am Atria to launch an extensive efficiency improvement programme in Finland Atria Finland is launching an efficiency improvement programme with which it seeks to achieve annual savings of approximately EUR 5 million in its cost structure. For achieving the savings, the aim is to cut approximately 125 man‑years of labour from the Finnish operations. Currently, some 2,250 employees work in Atria's Finnish operations. According to the plan, the decreases in personnel are to be implemented through reduction in the number of fixed-term personnel, layoffs, increased part-time work, and pension arrangements and redundancy packages. The personnel reductions will affect all personnel groups. Except for volume development, the operations of Atria Finland have been in accordance with plans. The situation in the food product market is expected to become tougher with the slowing growth of volume and the pressures on food prices. For this reason, the company has deemed the launch of an efficiency improvement programme to be essential. In addition, Atria plans to implement investments aimed at improving productivity. The most significant of these will be the modernisation of the Nurmo pig cutting plant. Employer-employee negotiations concerning the reorganisation of operations began today. In the course of these negotiations, the possibilities for the employees being relocated within the Atria Finland organisation will be determined. For more information, please contact Mr Juha Gröhn, Executive Vice President, Atria Finland, at tel. +358 400 684 224. ATRIA PLC Matti Tikkakoski President and CEO DISTRIBUTION www.atria.fi/konserni Major media NASDAQ OMX Helsinki Ltd