TietoEnator Oyj - Company Announcement

Tieto starts Group-wide personnel adjustments

TietoEnator Corporation Stock Exchange Release 7 April 2009, 2.00 pm
EET

As part of its new streamlining actions that were announced on 23
March, Tieto will start Group-wide personnel adjustments in selected
operating countries mainly in Europe. The negotiations are expected
to lead to a reduction of about 620 employees in total distributed as
follows: approximately 300 in Finland, 150 in Sweden, and 170 in
Tieto's 10 International countries. In addition to personnel
redundancies, the company will discuss about the possibility to use
temporary lay offs in Finland. Further streamlining actions include
consolidation of offices, reducing the number of subcontractors and
cutting down business expenses.

The negotiations processes will be started with labour union
representatives in accordance with the local legislation and labour
practices in each country. As consolidation of offices and reducing
the number subcontractors will have an impact on the need for
personnel adjustments, they will be covered in the negotiations as
well. The duration of the processes vary country by country. However,
all negotiations will be completed during the second quarter.

In February this year, Tieto started personnel adjustments to
decrease the number of personnel by some 350 people as follows: 170
in Sweden and 180 in Tieto International. Major part of these
processes has already been completed.

President and CEO Hannu Syrjälä says: "The decline in customer demand
for IT services has been stronger and faster than we anticipated at
the start of the year. Tieto has started a number of streamlining
actions to address this situation with the aim of reaching new cost
savings in the amount of EUR 100 million. Personnel adjustments are
unfortunately also needed to adjust our cost-base. We will of course
explore different alternatives to tackle this issue in the most
sustainable way."

Tieto currently employs 16 700 persons of which approximately 5 700
work in Finland, 3 200 in Sweden and 7 800 in Tieto International.


For more information:
Johanna Pyykönen-Walker, EVP, Human Resources, tel. +358 2072 2010
Reeta Kaukiainen, EVP, Communications and Investor Relations, tel.
+358 2072 68711,
+358 50 522 0924, reeta.kaukiainen@tieto.com
Eva Gidlöf, EVP, Country Head of Sweden, tel. +46 10 4813544
Ari Karppinen, EVP, Country Head, Finland, tel. +358 2072 71137
Pekka Viljakainen, EVP, Head of Tieto International, tel. +358 2072
67337

Interview requests:
Riitta-Liisa Mattila, Finland, tel. +358 2072 68712
Charlotte Tåhlin, Sweden, +46 10 481 3329

TIETOENATOR CORPORATION

DISTRIBUTION
NASDAQ OMX Helsinki
NASDAQ OMX Stockholm
Principal Media

Tieto is an IT service company providing IT, R&D and consulting
services. With approximately 16 000 experts, we are among the leading
IT service companies in Northern Europe and the global leader in
selected segments. We specialize in areas where we have the deepest
understanding of our customers' businesses and needs. Our superior
customer centricity and Nordic expertise set us apart from our
competitors.

Tieto is our new brand name as of 1 December 2008. The official
registered name of the company is TietoEnator Corporation.
www.tieto.com