Tamfelt Oyj Abp - Company Announcement

TAMFELT TO START JOINT CONSULTATIONS AT JUANKOSKI PLANT

TAMFELT CORP. STOCK EXCHANGE RELEASE February 19, 2009 at 3:30 p.m.
TAMFELT TO START JOINT CONSULTATIONS AT JUANKOSKI PLANT 

The market situation of paper machine clothing continues weak. Due to economic
and production reasons, a negotiation proposal according to the Act on
Cooperation within Undertakings has today been given to all personnel
representatives at Tamfelt Group Juankoski plant. 

The negotiations will discuss measures to adjust the operations at the
Juankoski plant to the weakened demand situation. The need for personnel
reduction is maximum 9 people, and any temporary lay-offs will be maximum 90
days in length. 

The target is to reach approximately 1.5 million euro savings on an annual
level. The number of personnel at Tamfelt's Juankoski plant is 305. 

The joint consultations at Tamfelt's Tampere plant were concluded at the end of
January.


Tamfelt Corp.

Reima Kerttula
President and CEO


For more information:
Mr. Reima Kerttula, President and CEO, Tamfelt Corp., tel. +358 400 648 458,
and Mr. Seppo Holkko, President of Tamfelt PMC Corp., tel. +358 40 509 3319. 


DISTRIBUTION
NASDAQ OMX Helsinki Ltd
Main media
www.tamfelt.com


Tamfelt is a world-leading supplier of technical textiles. The company's main
products are clothing products for the paper and pulp as well as mining and
chemical industries. The Group employs about 1,500 people and its net sales in
2008 were 164.7 million euro. Founded in 1797, the company is one of the
pioneers of Finnish industry.