2007-11-02 12:58:01 CET

2007-11-02 12:58:01 CET


REGULATED INFORMATION

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Neomarkka - Company Announcement

NEOMARKKA´S SUBSIDIARY REKA CABLES LTD TO START CO-OPERATION NEGOTIATIONS


Neomarkka Plc	STOCK EXCHANGE RELEASE NOVEMBER 2, 2007		                         


NEOMARKKA´S SUBSIDIARY REKA CABLES LTD TO START CO-OPERATION NEGOTIATIONS       

Neomarkka Plc´s subsidiary Reka Cables Ltd will start the co-operation          
negotiations concerning factories in Hyvinkää and in Riihimäki on November 5th, 
2007. The negotiations will be started due to the fluctuation of the demand in  
underground cables. The factory in Keuruu is not part of the negotiations.      

Reka Cables Ltd has had a year of strong growth both in Finland and in export   
markets. The usage of the production capacity has been good. The demand of the  
underground cables is however sensitive to periodic fluctuation. Due to the     
lower demand during the winter time Reka Cables Ltd will start the co-operation 
negotiations concerning factories in Hyvinkää and in Riihimäki.                 

The negotiations will concern around 100 employees. More detailed need for      
lay-offs, length of lay-offs and possible dismissals will be specified during   
the negotiations.                                                               

The possible lay-offs are aimed to keep short and will be hold mainly during the
winter time. The co-operation negotiations will start on November 5th, 2007 and 
possible adjustments will start earliest on November 26th, 2007.                

Neomarkka Plc                                                                   



Sari Tulander                                                                   
CFO                                                                             

FURTHER INFORMATION:                                                            
Managing Director Markku E. Rentto tel. +358 207 209 191                        
Managing Director Jorma Leskinen, Reka Cables Ltd,                              
tel. +358 209 200 311                                                           

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OMX Nordic Exchange, Helsinki                                                   
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