Okmetic Oyj - Company Announcement

OKMETIC WRITES OFF AN AVAILABLE-FOR-SALE INVESTMENT

OKMETIC OYJ  STOCK EXCHANGE RELEASE  11 DECEMBER 2008  AT 5.40 P.M.

OKMETIC WRITES OFF AN AVAILABLE-FOR-SALE INVESTMENT

Okmetic Oyj has a 13.2 percent share in a Swedish company Norstel AB, which is
currently under development. In a meeting held today, the Okmetic Oyj board of
directors decided that, due to the current situation of Norstel AB, there is
sufficient objective evidence of decrease in their stock value and the original
acquisition cost will thus be recorded as value adjustment in the expenses
section of the profit and loss account. This reduces the annual profit of the
Okmetic group by 2.5 million euro and the annual profit of Okmetic Oyj by 3.2
million euro. The holdings have been accounted for as investments
available-for-sale and change in fair value has been accounted for in fair
value reserve of equity. 

The decision has no bearing on the operating profit or cash flow.

OKMETIC OYJ

Antti Rasilo
President

For further information, please contact:

President Antti Rasilo, Okmetic Oyj,
tel. +358 9 5028 0232, email: antti.rasilo@okmetic.com 

Senior Vice President, Finance Esko Sipilä, Okmetic Oyj,
tel. +358 9 5028 0286, email: esko.sipila@okmetic.com

Distribution:

NASDAQ OMX Helsinki
Principal media
www.okmetic.com

OKMETIC IN BRIEF

Take it higher

Okmetic is a technology company which supplies tailor-made silicon wafers for
sensor and semiconductor industries and sells its technological expertise.
Okmetic provides its customers with solutions that boost their competitiveness
and profitability. 

Okmetic's silicon wafers are part of a further processing chain that produces
end products that improve human interaction and quality of life. Okmetic's
products are based on high-tech expertise that generates added value for
customers, innovative product development and an extremely efficient production
process. 

Okmetic has a global customer base and sales network, production plants in
Finland and the US and contract manufacturers in Japan and China. 

Okmetic's shares are listed on NASDAQ OMX Helsinki under the code OKM1V. For
more information on the company, please visit our website at www.okmetic.com