NEOMARKKA´S SUBSIDIARY REKA CABLES LTD'S CO-OPERATION NEGOTIATIONS FINISHED

Neomarkka Plc´s subsidiary Reka Cables Ltd's co-operation negotiations concerning factories in Hyvinkää and in Keuruu have been finished. The negotiations started on November 11, 2008.

The outcome of the negotiations is lay-offs. The lay-offs concern 110 employees. The lay-off time per employee will be less than 90 days.

The lay-offs in Hyvinkää factory have been started. The lay-offs in Keuruu factory will start only in 2009.

Neomarkka Plc

Sari Tulander
CFO

FURTHER INFORMATION:
Managing Director Jorma Leskinen, Reka Cables Ltd,
tel. +358 209 200 311

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www.neomarkka.fi