PKC Group Oyj - Company Announcement

PKC COMPLETED ACQUISITION OF MAN'S POLISH CABLE HARNESS PRODUCTION

PKC Group Oyj 	STOCK EXCHANGE RELEASE 31 December 2008      10.00 a.m.          


PKC COMPLETED ACQUISITION OF MAN'S POLISH CABLE HARNESS PRODUCTION              

PKC Group Oyj has today completed the aquisition of MAN Nutzfahrzeuge AG's cable
harness business from MAN Star Trucks & Buses Spółka z.o.o. in Poland. The deal 
was announced on October 8, 2008.                                               

PKC's Polish subsidiary, PKC Group Poland Sp. z.o.o. will continue the          
operations. The cable harness production business employs about 800 employees   
and its net sales in 2008 were about EUR 70 million. The aquired business will  
be included in PKC's consolidated financial statements as from 31 December 2008.

The acquisition will bring a significant addition to PKC's customer base as MAN 
Group will become PKC's customer on the basis of long-term supplier agreement   
signed at the same time.                                                        

The purchase price is about EUR 22 million and the acquisition will be financed 
by internal funding and debt financing. No interest bearing liabilities will be 
transferred to PKC with the acquisition.                                        "This acquisition strengthens PKC's position as wiring harness manufacturer in  
Western European commercial vehicle markets. I'm confident that we are able to  
reach significant new customers in this essential potential market area.",      
observes Harri Suutari, President & CEO.                                        


PKC Group Oyj                                                                   
Board of Directors                                                              

Harri Suutari                                                                   
President & CEO                                                                 


For additional information, contact:                                            
Harri Suutari, President & CEO, PKC Group Oyj, +358 400 384 937                 



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www.pkcgroup.com                                                                


The PKC Group offers design and contract manufacturing services for wiring      
harnesses, cabling and electronics. The Group has production facilities in      
Finland, Brazil, China, Mexico, Estonia and Russia, and employs over 5,300      
people. The Group's net sales in 2007 totalled EUR 288.6 million. PKC Group Oyj 
is listed on NASDAQ OMX Helsinki Oy.