RAUTE CORPORATION'S EMPLOYEE NEGOTIATIONS CONCLUDED
RAUTE CORPORATION STOCK EXCHANGE RELEASE 18 November 2008 at 2.45 p.m. RAUTE CORPORATION'S EMPLOYEE NEGOTIATIONS CONCLUDED Negotiations at Raute Corporation in compliance with the Act on Co-operation onadjusting the company's operations to the lowered order book and the weakenedmarket and demand situation, initiated on 29 October 2008, have been concluded. The decision means temporary lay-offs of fixed duration in Raute's Nastola andJyväskylä units. The lay-offs will start in December and they are implemented astemporary lay-offs of a maximum of 90 days. The lay-offs apply to