2009-08-13 08:05:00 CEST

2009-08-13 08:05:01 CEST


REGULATED INFORMATION

Finnish English
Marimekko - Company Announcement

MARIMEKKO TO RATIONALISE ITS OPERATIONS AND INITIATE STATUTORY EMPLOYER-EMPLOYEE NEGOTIATIONS REGARDING OPERATIONS IN FINLAND


Marimekko Corporation              STOCK EXCHANGE RELEASE                       
                                   13 August 2009 at 9.05 a.m.                  

MARIMEKKO TO RATIONALISE ITS OPERATIONS AND INITIATE STATUTORY EMPLOYER-EMPLOYEE
NEGOTIATIONS REGARDING OPERATIONS IN FINLAND                                    

Marimekko Corporation has decided to start Group-wide statutory                 
employer-employee negotiations regarding possible temporary lay-offs and a      
permanent reduction in the number of employees in Finland. The maximum number of
permanent reductions is not expected to exceed 35 employees.                    

The purpose of the planned measures is to adapt the company's cost structure to 
the rapidly deteriorating market situation and improve the company's ability to 
develop its operations as well as safeguard the conditions for the stable       
development of the company. Annual cost savings of about EUR 1.5 million are    
being sought by various measures.                                               

The planned measures aimed at streamlining the company's cost structure and     
enhancing the efficiency of operations concern all of the Group's operations in 
Finland. Plans to improve the competitiveness and capacity of the company's own 
production plants include measures that will strengthen the production structure
and improve profitability.                                                      

In-house production is important for Marimekko's business, both for product     
development and the manufacture of special collections. The planned actions     
regarding production will support the company's strategy of ensuring the        
continuity of its own production in Finland. Marimekko has three production     
facilities in Finland: a textile printing factory in Helsinki, a clothing and   
bag factory in Kitee and a bag factory in Sulkava.                              

At the end of July 2009, the Marimekko Group employed a total of 407 persons, of
whom 16 were abroad.                                                            

Marimekko Corporation's interim report for the January-June period of 2009 was  
published on 13 August 2009.                                                    

For additional information, please contact:                                     
Mika Ihamuotila, President and CEO, tel. +358 9 758 71                          
Thomas Ekström, CFO, tel. +358 9 758 7261                                       

MARIMEKKO CORPORATION                                                           
Group Communications                                                            

Marja Korkeela                                                                  
Tel. +358 9 758 7238                                                            
Fax +358 9 759 1676                                                             
Email: marja.korkeela@marimekko.fi                                              

Distribution:                                                                   
NASDAQ OMX Helsinki                                                             
Principal media                                                                 
www.marimekko.fi                                                                

Marimekko is a leading Finnish textile and clothing design company established  
in 1951, especially renowned for its unique use of patterns and colours. The    
company designs, manufactures, and markets high-quality clothing, interior      
decoration textiles, bags and other accessories. Marimekko products are sold in 
over 40 countries. Marimekko products are also manufactured under licence in    
various countries. In 2008, the company's net sales amounted to EUR 81.1        
million, of which exports and income from international operations accounted for
27.0%. The Group employs about 410 people. The company's share is quoted on the 
NASDAQ OMX Helsinki Ltd.