Solteq Oyj - Company Announcement

SOLTEQ PLC WILL BEGIN CO-OPERATION NEGOTIATIONS

SOLTEQ PLC   STOCK EXCHANGE BULLETIN ON JANUARY 5th, 2009

In order to ensure the favorable profit development in the extremely
unstable economic situation of 2009, Solteq Plc has today begun
co-operation negotiations with its employees. Through cutting down of
personnel costs and fixed costs these negotiations aim to ensure cost
effectiveness both in the short and long term. This is estimated to
mean terminating 30 employments at the most and different structural
arrangements during this year. These co-operation negotiations
involve all the personnel in different localities of Solteq Plc.
Co-operation procedures do not involve Solteq Plc's subsidiary OOO
Solteq Russia in St. Petersburg.

Solteq Plc's earlier announced estimates concerning the turnover and
result of 2008 remain unchanged, the Board of Directors will comment
the financial prospects for 2009 as soon as the co-operation
negotiations are concluded.


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
hannu.ahola@solteq.com

Antti Kärkkäinen, CFO
Tel +358 20 1444 393 or +358 40 8444 393, e-mail
antti.karkkainen@solteq.com

Distribution:
NASDAQ OMX Helsinki
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