2010-09-09 15:40:38 CEST

2010-09-09 15:41:23 CEST


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Neomarkka - Company Announcement

NEOMARKKA ACQUIRES SPECIALTY CELLULOSE FIBRE BUSINESS PRODUCTION FACILITIES


NEOMARKKA PLC	STOCK EXCHANGE RELEASE	9.9.2010	at 16.40                          

NEOMARKKA ACQUIRES SPECIALTY CELLULOSE FIBRE BUSINESS PRODUCTION FACILITIES     

Neomarkka has today signed an agreement to acquire specialty cellulose fibre    
production facilities in Valkeakoski from Kuitu Finland Ltd's estate of         
bankruptcy. This arrangement secures the needed production facilities for start 
up such as property, estate and immaterial rights. Total purchase price is      
approximately EUR 10 million. In addition, Neomarkka made a long term rental 
agreement on an area close to the factory where many of the employees live. This
arrangement required a approval of the creditors' meeting of Kuitu Finland Ltd's
estate of bankruptcy which was given on 8.9.2010. 

”This solution with the production facilities enables us now to move on to the  
operational and new business start up related actions” says Markku E. Rentto,   
Neomarkka's Managing Director.                                                  

Neomarkka aims to restart the production still by the end of 2010. The          
production will focus on fire-retardant fibre technology needed in materials    
used in textiles for interior decorations, vehicles and protective clothing.    

This business will bring about 200 new jobs in Valkeakoski. The estimated annual
production capacity of the factory is 65,000 tonnes.                            


NEOMARKKA PLC                                                                   



Markku E. Rentto                                                                
Managing Director                                                               


Further information                                                             
Markku E. Rentto, MD, tel. +358 20 720 9191                                     
Claus Carlsen, Director, tel. +358 40 728 8191                                  

www.neomarkka.fi                                                                

Neomarkka Plc's strategy is to invest mainly in industrial companies with       
similar synergic benefits. The aim of investments is with active ownership to   
develop the purchased companies and establish additional value. Returns are     
sought both through dividend flow and an increase in value. Neomarkka's B shares
are listed on the NASDAQ OMX Helsinki main market.