Honkarakenne Oyj - Company Announcement

NEGOTIATIONS CONCLUDED UNDER THE ACT ON CO-OPERATION WITHIN UNDERTAKINGS

HONKARAKENNE OYJ Stock Exchange Release 12 May 2010, 17:10                      


NEGOTIATIONS CONCLUDED UNDER THE ACT ON CO-OPERATION WITHIN UNDERTAKINGS        

Honkarakenne has concluded negotiations under the act on co-operation within    
undertakings concerning the personnel in Finland. As a result Honkarakenne can  
lay-off personnel temporarily maximum 90 days by the end of the year 2010. The  
lay-off's concern all personnel groups.                                         

HONKARAKENNE OYJ                                                                

Esa Rautalinko                                                                  
President and CEO                                                               

Further information:                                                            
CFO, Mikko Jaskari, tel. +358 (0)400 535 337, mikko.jaskari@honka.com.          
DISTRIBUTION                                                                    
NASDAQ OMX Helsinki Oy                                                          
Key media                                                                       
Financial Supervisory Authority                                                 
www.honka.com