Stromsdal - Company Announcement

STROMSDAL CORPORATION REDUCES ITS WHOLE YEAR RESULT ESTIMATE

STROMSDAL CORPORATION
COMPANY ANNOUNCEMENT
October 13 2008, at 9.30 pm (Finnish time)


STROMSDAL CORPORATION REDUCES ITS WHOLE YEAR RESULT ESTIMATE
The international finance crisis and the increasing difficulties of getting
bank financing have seriously effected Stromsdal's business. Last week the
order intake started, at least temporary, to weaken and many customers informed
about payment delays due to financing problems. These customers have not
ordered goods from us, according to their normal timetable. 

Due to problems above, the finance situation has become very tight. Stromsdal
has started negotiations with its bankers. 

Because of the financing and marketing situation, the company has decided to
start co-operation negotiations with all its employees. 

The weak market situation and the fast weakening order intake mean that EBITDA
for the fourth quarter will be negative. This means also that EBITDA for the
whole year will be negative. The company has previously informed that the
target for this year is to achieve positive EBITDA. 

STROMSDAL CORPORATION
Board of Directors


For further information, please contact:
Mikael Åbacka, Managing Director
Tel. +358 400 737 452
mikael.abacka@stromsdal.fi



DISTRIBUTION
Helsinki Stock Exchange
Major media
www.stromsdal.com


STROMSDAL is a forest based industry company  and its board mill is located in
Juankoski, Finland. Stromsdal's sales and customer service network covers more
than 30 countries, mainly in Europe. 

For demanding printing jobs Stromsdal offers its customers premium-quality
graphical boards - GraphiArt Duo and GraphiArt Pro - with excellent combination
of printability, brightness and stiffness. For food-packaging Stromsdal offers
its speciality environmentally friendly product - Tecta - a dispersion coated
barrier board, which is 100 per cent plastic-free, bio degradable and fully
recyclable. 

Stromsdal's shares are listed on the Small Cap segment of the Helsinki Stock
Exchange (NASDAQ OMX Helsinki Ltd) under the company code STM1V. 

STROMSDAL CORPORATION
Juankoskentie 7 A, P.O. Box 33, FI-73501 Juankoski
Tel. +358 20 710 9200, Fax. +358 20 710 9210
www.stromsdal.fi