Wulff-Yhtiöt Oyj - Company Announcement

WULFF-GROUP PLC FOCUSES ITS OPERATIONS IN LINE WITH THE COMPANY STRATEGY AND DIVESTS EVERYMAN OY AND OFFICEMAN OY

WULFF-GROUP PLC	STOCK EXCHANGE RELEASE 24 September 2009, 5.30 p.m              

WULFF-GROUP PLC FOCUSES ITS OPERATIONS IN LINE WITH THE COMPANY STRATEGY AND    
DIVESTS EVERYMAN OY AND OFFICEMAN OY                                            

Wulff-Group Plc has today divested its shares in Everyman Oy and Officeman Oy,  
two companies in which it had a 70% holding, to the minority shareholders. The  
price of the transactions totals EUR 280,000 and will be settled in cash.       
Wulff-Group Plc will recognise a EUR 300,000 sale loss for the transactions in  
the company's third-quarter results. The divested companies have accounted for  
some 4% of Wulff-Group's net sales and balance sheet total.                     

Everyman Oy and Officeman Oy sell office supplies and certain consumer products 
to retailers and also use the direct sales concept. The companies have 27       
employees and their unaudited net sales for the first six months in 2009        
totalled EUR 1.4 million, while their earnings were some EUR 0.1 million        
negative.                                                                       

The divestment complies with the strategy of Wulff-Group Plc's Direct Sales     
Division, according to which the company focuses on product sales, acting as an 
efficient and direct supply channel. Retail sales and consumer products do not  
belong to the core operations of Wulff's direct sales. The Direct Sales Division
acquires nearly all of its products straight from the manufacturers and sells   
them directly to end users.                                                     

Heikki Vienola, CEO of Wulff-Group Plc: “We want to develop our operations and  
be a pioneer in the field. Our goal is to provide customers with solutions that 
are specific to this sector and offer them as much added value as possible. This
calls for good management, as well as a focus on core business and its          
development. The operations of Everyman Oy and Officeman Oy no longer supported 
our core operations. The divestment complies with our strategy.”                

Wulff-Group Plc is the Finnish market leader in office supplies. Its acquisition
of Strålfors Supplies AB in July made it the biggest Nordic player in the field.
The Strålfors Supplies AB acquisition will increase Wulff-Group Plc's annual net
sales by some 40%. It also gives a competitive advantage, enabling Wulff-Group  
Plc to develop its contract customer concept for major Scandinavian customers.  


WULFF-GROUP PLC                                                                 


www.wulff.fi                                                                    

Further information:                                                            

Heikki Vienola, CEO                                                             
tel. +358 (0)9 5259 0050 or +358 (0)50 65 110                                   
email heikki.vienola@wulff.fi                                                   


Distribution:                                                                   
NASDAQ OMX Helsinki                                                             
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