Nurminen Logistics Oyj

Regulatory Filings • Apr 20, 2009

Disclosure 269506

Nurminen Logistics Oyj - Company Announcement

Nurminen Logistics Plc's co-determination negotiations concluded

Nurminen Logistics Plc Stock Exchange Release 20 April 2009 at 1.00 pm Nurminen Logistics Plc's co-determination negotiations concluded Nurminen Logistics Plc has concluded the co-determination negotiations that were initiated on 10 March 2009. The negotiations concerned the whole company. The goal of the negotiations was to adjust the company's operations to match the economic situation and weakened demand for the company's services. Personnel reductions agreed in the negotiations concern 26 persons, of which 14 will be made redundant. In addition, the company's personnel will be temporarily laid off for a month. The temporary lay-offs will be implemented in stages during the year 2009. As a part of the adjustment measures the top executives of the company have decided to forgo one month's pay from their salaries in 2009. This arrangement concerns eight persons. The cost savings of the adjustment measures based on the negotiations are approximately EUR 1.5 million for the year 2009. NURMINEN LOGISTICS PLC Lasse Paitsola President and CEO Further information: Mr Lasse Paitsola, President and CEO Tel. +358 10 545 2431 DISTRIBUTION NASDAQ OMX Helsinki Major Media www.nurminenlogistics.com Nurminen Logistics Plc Nurminen Logistics provides high-quality logistics services, such as railway transports, terminal services, forwarding and special and heavy transports. 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.