Marimekko - Company Announcement

MARIMEKKO TUOTANTO OY CONCLUDES STATUTORY EMPLOYER-EMPLOYEE NEGOTIATIONS REGARDING ITS WAREHOUSING OPERATIONS

Marimekko Corporation, Stock exchange release 28 April 2011 at 10.00 AM

MARIMEKKO TUOTANTO OY CONCLUDES STATUTORY EMPLOYER-EMPLOYEE NEGOTIATIONS
REGARDING ITS WAREHOUSING OPERATIONS 

Marimekko Corporation's subsidiary Marimekko Tuotanto Oy has concluded its
statutory employer-employee negotiations on permanent reductions in staffing
regarding its warehousing operations in the Herttoniemi district of Helsinki.
The negotiations began in March 2011. 

The decision to start negotiations was made in the light of the operational
changes required by the Marimekko Group's Finnish online retailing project as
well as measures aimed at enhancing the general cost-effectiveness of
warehousing operations. At present, goods deliveries are handled by two main
warehouses, which is neither a workable solution for e-commerce nor
cost-effective from the viewpoint of other deliveries. The boosting of the
efficiency of the warehousing operations and their consolidation in a single
location will result in the elimination of 11 positions. The estimated overall
need for permanent reductions in personnel in the negotiation proposal was at
most 18 jobs. However, the number of different positions filled by transfers
within the Group exceeded the original estimates. 

For additional information, please contact Thomas Ekström, CFO, tel. +358 9 758
7261. 

MARIMEKKO CORPORATION
Group Communications

Piia Pakarinen
Tel. +358 9 758 7293
Email: piia.pakarinen@marimekko.fi

DISTRIBUTION:
NASDAQ OMX Helsinki Ltd
Key media

Marimekko, established in 1951, is a leading Finnish textile and clothing
design company renowned for its original prints and colours. The company
designs and manufactures high-quality clothing, interior decoration textiles,
bags, and other accessories. Marimekko products are sold in about 40 countries.
Products with Marimekko designs are also manufactured under licence in various
countries. In 2010, the company's net sales amounted to EUR 73.3 million, of
which international sales accounted for 29.4%. The Group has about 390
employees. Marimekko's shares are quoted on NASDAQ OMX Helsinki Ltd.
www.marimekko.com