2009-05-26 08:45:00 CEST

2009-05-26 08:45:17 CEST


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Raute - Company Announcement

RAUTE CORPORATION STOCK EXCHANGE RELEASE 26 MAY 2009 at 9.45 a.m.


RAUTE CORPORATION	STOCK EXCHANGE RELEASE 26 MAY 2009 at 9.45 a.m.               

RAUTE GETS PREPARED FOR THE NASTOLA PLANT UNDERLOADING WITH ADDITIONAL 90 DAYS' 
TEMPORARY LAY-OFFS                                                              

Raute Corporation continues to prepare for the weak remaining market situation. 
The negotiations in compliance with the Act on Co-operation concerning the      
hourly workers of the Nastola plant have been concluded on 26 May 2009. The     
negotiation result follows the temporary lay-offs of at most 90 days concluded  
in December 2008 and enables additional adaptation measures of a maximum of 90  
days. The additional adaptation measures, which will cover at most 140 hourly   
workers, will be implemented when needed gradually according to the workload.   
The previously concluded adaptation measures concerning the other personnel are 
adequate for the time being.                                                    


RAUTE CORPORATION                                                               

Tapani Kiiski                                                                   
President and CEO                                                               


FURTHER INFORMATION:                                                            
Mr. Tapani Kiiski, President and CEO, Raute Corporation, tel. +358 3 829 3560,  
mobile +358 400 814 148                                                         

DISTRIBUTION:                                                                   
NASDAQ OMX Helsinki Ltd, main media, www.raute.com                              


RAUTE IN BRIEF:                                                                 
Raute is a technology company serving the wood products industry worldwide. Its 
most important customers are the plywood and LVL industries. The company is one 
of the world's leading suppliers of mill-scale projects to these customer       
industries. The total service concept also includes technology services, with   
which Raute supports its customers throughout the entire life cycle of their    
investments. Raute's head office and main production plant are in Nastola,      
Finland. Its other production plants are in the Vancouver area of Canada, in the
Shanghai area of China, and in Jyväskylä and Kajaani, Finland. Net sales in 2008
were EUR 98.5 million and the number of personnel 573. More information on the  
company can be found at www.raute.com.