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HKScan Oyj

Regulatory Filings Sep 4, 2009

3271_rns_2009-09-04_8925ffb3-adca-4722-8756-2f9af45e5839.html

Regulatory Filings

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Disclosure 272545

HKScan Oyj - Company Announcement

SCAN AB'S STREAMLINING PROGRAMME PROCEEDS IN SWEDEN

HKScan Corporation STOCK EXCHANGE RELEASE, 4 September 2009 at 4pm SCAN AB'S STREAMLINING PROGRAMME PROCEEDS IN SWEDEN Scan AB, the company responsible for the HKScan Group's Swedish operations, has started statutory employer-employee negotiations aimed at cutting 95 jobs. The potential cuts will concern white-collar employees at all Scan locations in Sweden. On 4 March 2009, HKScan announced that it had started a three-year streamlining programme in Sweden to improve the profitability of the business. The programme has proceeded as planned. HKScan will report on 15 September 2009 on the progress of the Swedish business development programme in greater detail. HKScan Corporation Matti Perkonoja CEO Further information: Denis Mattson, managing director of Scan AB, tel. +46 761 283 698. Messages for him to call may also be left with Marja Siltala at HKScan Corporate Communications on +358 10 570 2290. DISTRIBUTION: Nasdaq OMX, Helsinki Main media www.hkscan.com

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