2009-02-02 12:30:00 CET

2009-02-02 12:30:01 CET


REGULATED INFORMATION

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Vaahto Group Plc Oyj - Company Announcement

VAAHTO ROLL SERVICE OY, A SUBSIDIARY OF VAAHTO GROUP, CONCLUDES CO-DETERMINATION NEGOTIATIONS


VAAHTO GROUP PLC OYJ STOCK EXCHANGE BULLETIN 2.2.2009 at 13.30

VAAHTO ROLL SERVICE OY, A SUBSIDIARY OF VAAHTO GROUP, CONCLUDES
CO-DETERMINATION NEGOTIATIONS 

The co-determination negotiations concerning Vaahto Roll Service Oy, a
subsidiary of Vaahto Group, have been concluded. The results of the
negotiations were to terminate total 5 employment contracts. In addition to
this, Vaahto Roll Service Oy shall lay-off total 60 persons for varying periods
of time, starting from two weeks' period and ending to lay-offs until further
notice. Vaahto Roll Service Oy has total about 65 salaried and blue-collar
employees in Tampere. 

Lahti February 2, 2009

VAAHTO GROUP PLC OYJ

Antti Vaahto
President (CEO)

Information: 
Antti Vaahto
CEO, Vaahto Group Plc Oyj
tel. +358 40 8232835

Vaahto Group is a globally operating high technology company serving process
industry in the fields of pulp and paper machinery and process machinery.