Kemira Oyj - Company Announcement

Kemira: Tikkurila concludes co-determination negotiations covering all Finnish operations

Kemira Group
Stock Exchange Release
April 15, 2009 at 9.30 am (CET+1)

Tikkurila has concluded its co-determination negotiations in Finland.
The outcome of the negotiations will see a personnel reduction at the
Vantaa site of 163, with 13 employees being made redundant. The
majority of personnel reductions will be achieved by the non-renewal
of temporary employment contracts and by means of pension
arrangements and a voluntary package offered to personnel. When the
co-determination negotiations were launched, it was estimated that
the savings program, involving the entire Tikkurila Group, might lead
to a reduction of approximately 200 persons in Finland.

During the negotiations, an agreement was reached on a support
package to be offered to all personnel to be made redundant. The
additional benefits included in the support package aim at fast and
effective re-employment. Key elements of the support package include
a career service to facilitate re-employment, setting up a training
and education fund for retraining and re-employment, various pension
arrangements, and financial support to employees to be made
redundant.

Kemira Oyj
Päivi Antola, Senior Manager, IR and Financial Communications


For more information, please contact:

Tikkurila Group

Eero Katajavuori, Group Vice President, Human Resources & Legal
Tel. +358 9 8577 2853

Erkki Järvinen, President & CEO
Tel. +358 9 8577 2260



Kemira is a focused company, best in water and fiber management
chemistry.

In 2008, Kemira recorded revenue of approximately EUR 2.8 billion and
had a staff of 9,400. Kemira operates in 40 countries.

www.kemira.com

Attachments:

Link to the Release (Pdf).pdf