Okmetic Oyj - Company Announcement

OKMETIC´S CO-OPERATION NEGOTIATIONS CONCLUDED

OKMETIC OYJ   STOCK EXCHANGE RELEASE 4 FEBRUARY 2009	 AT 3 P.M.

OKMETIC´S CO-OPERATION NEGOTIATIONS CONCLUDED

Okmetic's statutory employee-employer negotiations concerning its operations in
Finland, which began on 16 January 2009, were concluded today. 

After the personnel negotiations, the employer has decided it will implement
fixed-term temporary layoffs. The layoffs will affect 240 people out of the
total 320 Okmetic employees in Finland. The layoffs will begin on 9 February
2009 and will take place between February and June. The layoffs are
administered in one-week periods. The duration of the layoffs per employee will
vary from one to six weeks. 

At a Group level, efforts are also made to minimise other costs where possible,
and to reduce the labour costs of 40 employees working in foreign subsidiaries
to accommodate the current market situation. 


OKMETIC OYJ

Markus Virtanen
Senior Vice President, Human Resources

For further information, please contact:

Markus Virtanen, Senior Vice President, Human Resources, Okmetic Oyj
tel. +358 9 5028 0421, email: markus.virtanen@okmetic.com


Distribution:

NASDAQ OMX Helsinki
Principal media
www.okmetic.com


OKMETIC IN BRIEF

Take it higher

Okmetic is a technology company which supplies tailor-made silicon wafers for
sensor and semiconductor industries and sells its technological expertise.
Okmetic provides its customers with solutions that boost their competitiveness
and profitability. 

Okmetic's silicon wafers are part of a further processing chain that produces
end products that improve human interaction and quality of life. Okmetic's
products are based on high-tech expertise that generates added value for
customers, innovative product development and an extremely efficient production
process.

Attachments:

okme0309.pdf