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Solteq Oyj

Business and Financial Review Jan 28, 2009

3341_rns_2009-01-28_9a943116-e86c-40e5-9a4e-e044e4f749cd.html

Business and Financial Review

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Disclosure 266499

Solteq Oyj - Company Announcement

SOLTEQ PLC'S CO-OPERATION NEGOTIATIONS HAVE ENDED

SOLTEQ PLC STOCK EXCHANGE BULLETIN ON JANUARY 28th, 2009 Solteq Plc has today finalized the co-operation negotiations which began January 5th 2009. As a result of these negotiations 30 employments will be terminated and offices in Imatra and Kuopio will be closed down. Cost savings gained through these terminations of employments and other actions are estimated to be over 1.0 million euros during this financial year and around 2.0 million euros in 2010. The costs for these terminations of employments and other restructuring costs will be presented full in the Interim Report for the first quarter. SOLTEQ PLC Hannu Ahola Managing Director For further information, please contact: Hannu Ahola, Managing Director Tel +358 20 1444 211 or +358 40 8444 211, e-mail [email protected] Distribution: NASDAQ OMX Helsinki Key media

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