Raute - Company Announcement

RAUTE SHIFTS TO A SHORTENED WORKING WEEK AT THE NASTOLA PLANT DUE TO WORK UNDERLOAD

RAUTE CORPORATION	STOCK EXCHANGE RELEASE 24 November 2009 at 10:30 a.m.         
RAUTE SHIFTS TO A SHORTENED WORKING WEEK AT THE NASTOLA PLANT DUE TO WORK       
UNDERLOAD                                                                       

Negotiations at Raute Corporation in accordance with the Act on Co-operation    
within Undertakings, initiated on 6 October 2009, concerning the hourly workers 
of the Nastola plant on adjusting the company's operations to the weak remaining
market situation and production underload, have been concluded.                 

According to the reached negotiation solution, the Nastola plant will shift to a
shortened working week, and temporary lay-offs of different duration will be    
continued. Also, it is possible that a part of the hourly workers will be laid  
off for the time being. The working hour arrangement and temporary lay-offs will
be implemented as from December according to the workload. The negotiation      
solution follows the temporary lay-offs concluded in December 2008 and May 2009 
and covers 135 hourly workers of the Nastola plant. The previously concluded    
adaptation measures concerning the other personnel are adequate for the time    
being.                                                                          

Raute Group employs altogether 530 persons, of which approximately 400 work in  
Finland.  


RAUTE CORPORATION                                                               
Tapani Kiiski                                                                   
President and CEO                                                               


FURTHER INFORMATION:                                                            
Mr. Tapani Kiiski, President and CEO, Raute Corporation, mobile +358 400 814 148
Mr. Petri Strengell, Vice President, Technology and Operations, mobile +358 40  
758 6580                                                                        


DISTRIBUTION:                                                                   
NASDAQ OMX Helsinki Ltd, main media, www.raute.com                              

RAUTE IN BRIEF:                                                                 
Raute is a technology company serving the wood products industry worldwide. Its 
most important customers are the plywood and LVL industries. The company is one 
of the world's leading suppliers of mill-scale projects to these customer       
industries. The total service concept also includes technology services, with   
which Raute supports its customers throughout the entire life cycle of their    
investments. Raute's head office and main production plant are in Nastola,      
Finland. Its other production plants are in the Vancouver area of Canada, in the
Shanghai area of China, and in Jyväskylä and Kajaani, Finland. Net sales in 2008
were EUR 98.5 million and the number of personnel 573. More information on the  
company can be found at www.raute.com.