Suominen Yhtymä - Company Announcement

Suominen Flexibles concluded employee negotiations at the Norrköping plant

SUOMINEN CORPORATION  STOCK EXCHANGE RELEASE 21 SEPTEMBER 2009 AT 4.30 P.M.     


SUOMINEN FLEXIBLES CONCLUDED EMPLOYEE NEGOTIATIONS AT THE NORRKÖPING PLANT      

Employee negotiations started in August at Suominen Flexibles' Norrköping plant 
have been concluded. As a result of the negotiations, operations at the         
Norrköping plant will be closed down by the end of January 2010 and production  
will be transferred to other Suominen Flexibles' plants.                        

At the Norrköping plant, 32 employment contracts will be terminated gradually in
accordance with reductions in production. The closure of the plant is expected  
to result in extra costs of EUR 0.5 million for the current year. Suominen      
Flexibles continues its operations in Sweden with a sales and customer service  
unit.                                                                           


Tampere, 21 September 2009                                                      


SUOMINEN CORPORATION                                                            


Petri Rolig                                                                     
President and CEO                                                               


For additional information please contact:                                      
Mr. Petri Rolig, President and CEO, tel. +358 (0)10 214 300                     
Mr. Mikko Pellinen, Vice President and General Manager, tel. +358 (0)10 214 2201