Suominen Yhtymä - Company Announcement

Suominen Flexibles to start employee negotiations at the Tampere plant

SUOMINEN CORPORATION   STOCK EXCHANGE RELEASE 30 OCTOBER 2009 AT 1.20 P.M. 


SUOMINEN FLEXIBLES TO START EMPLOYEE NEGOTIATIONS AT THE TAMPERE PLANT          

Changes in the market situation have deteriorated the business conditions of    
fruit and vegetable packaging product group of Suominen Flexibles. As a result, 
Suominen Flexibles has today given a negotiation proposal to the representatives
of employee groups at the Tampere plant according to Co-Determination Act.      

The negotiations concern possible termination of production of fruit and        
vegetable bags on the roll. In addition, the negotiations concern some line     
transfers in order to improve efficiency and to meet the increasing hygiene     
requirements. Efficiency-enhancement measures are made to secure long-term      
competitiveness of operations.                                                  

The negotiations concerning the workforce of the Tampere plant will begin on 5  
November 2009. Possible headcount reduction is approximately 25 people including
both white- and blue-collar employees.                                          

Suominen Flexibles produces hygiene, food and retail packaging at its Tampere   
plant. The plant employs approximately 230 people.                              


Tampere, 30 October 2009                                                        


SUOMINEN CORPORATION                                                            


Petri Rolig                                                                     
President and CEO                                                               


For additional information please contact:                                      
Mr. Petri Rolig, President and CEO, tel. +358 (0)10 214 300                     
Mr. Mikko Pellinen, Vice President and General Manager, tel. +358 (0)10 214 2201