Ponsse Oyj - Company Announcement

Ponsse to establish subsidiaries in Hong Kong and China

PONSSE OYJ STOCK EXCHANGE RELEASE 2 NOVEMBER 2007, 9:00 A.M.                    

Ponsse to establish subsidiaries in Hong Kong and China                         

Ponsse Oyj will establish two subsidiaries in Asia: Ponsse Asia Pacific Ltd and 
Ponsse China Ltd. Ponsse Asia Pacific Ltd will be responsible for the           
establishment and development of Ponsse sales and service network in Asia and   
Oceania. The company headquarters will be located in Hong Kong. Ponsse China Ltd
will be responsible for the establishment and development of Ponsse sales and   
service network in China. The company will especially support wood harvesting   
mechanisation operations on Stora Enso China's eucalyptus plantations in South  
China. The company headquarters will be located in Beihai.                      

Mikko Laurila (BSc forestry) has been appointed Managing Director of both       
companies to be established. Risto Kääriäinen, M.Sc in Technology, has been     
appointed Country Manager of Ponsse China Ltd. He will assume his new post on
19 November 2007. Previously Kääriäinen has worked as Chief Representative of 
Elecster Oyj in Beijing, China.  Jihua Wang, L.LM, has been appointed Legal     
Counsel and Administrative Manager of Ponsse Asia Pacific Ltd.                  

"Investments in the forest industry in the area boost demand for wood and       
cut-to-length method forest machines as the harvesting of plantations is being  
mechanised. We want to ensure Ponsse's strong presence in the growing markets,"
says Arto Tiitinen, President and CEO of Ponsse Oyj. 

Vieremä, 2 November 2007
                                                        
PONSSE OYJ                                                                      
Arto Tiitinen, President and CEO                                                

FOR FURTHER INFORMATION, PLEASE CONTACT                                         
Arto Tiitinen, tel. +358 400 566 875                                            

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OMX Nordic Exchange Helsinki                                                    
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