Ponsse Oyj - Company Announcement

Cooperation negotiations completed at Ponsse

Vieremä, Finland, 2012-11-06 11:00 CET (GLOBE NEWSWIRE) -- 

PONSSE PLC STOCK EXCHANGE RELEASE 6 NOVEMBER 2012, 12:00 PM

Cooperation negotiations completed at Ponsse

The cooperation negotiations initiated on 23 October 2012 have now been
concluded at Ponsse Plc. The cooperation negotiations concerned possible
adjustment of the company's operations to the weakened market situation and
demand and temporary lay-offs for a maximum length of 90 days that may possibly
result from this. The negotiations were conducted in good spirit, and the
parties consider the solution found to be feasible. 

The result of the negotiations means temporary lay-offs in all personnel groups
and operations included in the scope of the negotiations. The temporary
lay-offs apply to a maximum of 300 workers and 200 office workers in Finland.
The lay-offs will start on 10 December 2012 at the earliest. 

Vieremä, 6 November 2012

PONSSE PLC

Juho Nummela
President and CEO

FURTHER INFORMATION
Juho Nummela, President and CEO, Ponsse Plc, tel. +358 400 495 690

DISTRIBUTION
Nasdaq OMX Helsinki Oy
Principal media
www.ponsse.com



Ponsse Plc specialises in the sales, production, maintenance and technology of
cut-to-length method forest machines and is driven by genuine interest in its
customers and their business operations. Ponsse develops and manufactures
sustainable and innovative harvesting solutions based on customers' needs. 

The company was established by forest machine entrepreneur Einari Vidgrén in
1970, and it has been a leader in timber harvesting solutions based on the
cut-to-length method ever since. Ponsse is headquartered in Vieremä, Finland.
The company's shares are quoted on the NASDAQ OMX Nordic List.