Nurminen Logistics Oyj - Company Announcement

Nurminen Logistics Plc’s co-determination negotiations concluded

Nurminen Logistics Plc                 Stock exchange release 19 March 2013 at
5:20 p.m. 

On 31 January 2013, Nurminen Logistics announced that it was planning
structural changes to improve its competitiveness and boost the efficiency of
its Finnish operations. The company started co-determination negotiations
concerning all of its personnel in Finland, 270 employees in total. The
negotiations were concluded on 19 March 2013. 

As a result of the negotiations, the company has decided to reorganise and
improve the efficiency of processes, streamline its management structure and
consolidate operations. The adjustment requirement agreed upon in the
negotiations concerns 26 employees, fewer than the previously reported figure
of 28. Some of these employees can be transferred to new positions. The need
for personnel reductions is estimated to be approximately 23 employees. 

The cost savings associated with the adjustments implemented as a result of the
co-determination negotiations are estimated at approximately EUR 700,000 in
2013 and EUR 1,100,000 from 2014 onwards. The non-recurring costs associated
with the adjustments in 2013, approximately EUR 350,000, will be recorded in
the first quarter of the year. 

The planned changes will not affect the company's strategy of strengthening its
position in domestic railway transport in Russia and nearby countries as well
as rail transport between Finland and Russia. 

Nurminen Logistics Plc


Topi Saarenhovi
President and CEO

For more information, please contact: Topi Saarenhovi, President and CEO, tel.
+358 10 545 2431 

DISTRIBUTION
NASDAQ OMX Helsinki
Major media
www.nurminenlogistics.com

Nurminen Logistics provides high-quality logistics services, such as railway
transport, terminal services, forwarding, special and heavy transport and
value-added services. The company has gathered logistics know-how from three
centuries, starting in 1886. Nurminen Logistics' main market areas are Finland,
the Baltic Sea region, Russia and other Eastern European countries. The
company's share is listed on NASDAQ OMX Helsinki.