Panostaja Oyj - Company Announcement

PANOSTAJA RECORDS IMPAIRMENT LOSSES FOR ENVIRONMENTAL TECHNOLOGY GOODWILL AND RESTATES THE GROUP'S FORECAST FOR THE REMAINDER OF THE YEAR

Panostaja Plc		Stock Exchange Bulletin, 20th October 2010 at 02:00 PM           


PANOSTAJA RECORDS IMPAIRMENT LOSSES FOR ENVIRONMENTAL TECHNOLOGY GOODWILL AND   
RESTATES THE GROUP'S FORECAST FOR THE REMAINDER OF THE YEAR                     

Panostaja's Board of Directors has decided that it records impairments totaling 
EUR -1.5 million allocated to goodwill in Environmental technology segment. Due 
to impairment losses Panostaja Group's operating loss in financial period       
11/2009-10/2010 is expected to be at the level of circa EUR -1.5 million.       
Panostaja's financial results will be published on 16th December 2010.          


Panostaja Plc                                                                   

Board of Directors                                                              


Further information:                                                            

CEO Juha Sarsama +358 40 774 2099