Exel concluded employee negotiations in Finland
EXEL OYJ STOCK EXCHANGE RELEASE 7.9.2006 at 13.30 1 (1)EXEL CONCLUDED EMPLOYEE NEGOTIATIONS IN FINLAND Exel has concluded the employee negotiations of its Sport Division inFinland which started on 1 September 2006. The employee negotiationswere due to lowered demand for the Sport Divisions consumer productsin Germany, as a result of which the sales, delivery and marketingoperations will be reorganized. As a result of the negotiations, three salaried employees will begiven notice. In addition, the production personnel of the SportDivision has been given a temporary lay-off