2009-05-07 08:00:00 CEST

2009-05-07 08:00:16 CEST


REGULATED INFORMATION

Finnish English
Neomarkka - Company Announcement

NEOMARKKA´S SUBSIDIARY REKA CABLES LTD´S CO-OPERATION NEGOTIATIONS CONCERNING OFFICIALS FINISHED


Neomarkka Plc	STOCK EXCHANGE RELEASE  7 MAY 2009 at 9.00 AM 


NEOMARKKA´S SUBSIDIARY REKA CABLES LTD´S CO-OPERATION NEGOTIATIONS CONCERNING
OFFICIALS FINISHED 

Neomarkka Plc´s subsidiary Reka Cables Ltd´s co-operation negotiations
concerning officials have been finished. The negotiations started on 26 March
2009. 

The negotiations concerned all officials of Reka Cables Ltd in Hyvinkää,
Riihimäki and Keuruu. At the end of February Reka Cables Ltd employed 64
officials. 

The outcome of the negotiations is lay-offs and five dismissals. The lay-off
time per official can be more than 90 days but the employer estimates that till
the end of October the average length of the lay-offs is 2-3 weeks per
official. 

All officials have right to change their leave allowance into holidays. The
management group members of Reka Cables Ltd have informed that they will change
their leave allowance into holidays. 

Neomarkka Plc 



Sari Tulander
CFO 

FURTHER INFORMATION:
Managing Director Jorma Leskinen, Reka Cables Ltd, 
tel. +358 209 200 311

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