Largest retail agreements in Ponsse's history signed in Brazil
PONSSE OYJ STOCK EXCHANGE RELEASE 15 September 2006, 3:30 p.m.
Largest retail agreements in Ponsse's history signed in Brazil Ponsse Latin America Ltd has signed co-operation agreements with Linck S.A., Motiva S.A. and Tracbel S.A. The companies operate in Brazil in areas where 100 per cent of eucalyptus forests cultivated for forest industry raw material are located. The agreements relate to the retail sales of PONSSE forest machines and harvesting heads produced by Ponsse's Brazilian factories. - Linck S.A. operates in the states of Rio Grande do Sul, Santa Catarina and Paraná. Linck S.A. is also a distributor for Volvo, Metso Minerals, JCB, Dynapac and Clark. - Motiva S.A. operates in the states of Bahia, Sergipe, Alagoas Permambuco, Paraíba and Rio Grande do Norte states. Motiva S.A. is also a distributor for Volvo, Yale, Michelin and JCB. - Tracbel S.A. operates in the states of Espirito Santo, Rio de Janeiro, Sao Paulo, Pará, Minas Gerais and Amazonas. Tracbel is also a distributor for Volvo, Massey-Ferguson, Dynapac, Clark, Allison and Michelin. "This agreement is part of Ponsses strategy to expand its distribution network through independent companies with a strong presence amongst the areas forest industry. The new partners´ biggest strengths are their solid experience in the sales and servicing of forest machines and heavy industry equipment. Our new partners have strong service networks for securing customers effective use of forest machinery. The arrangement will strengthen Ponsse's market position in Latin America," says Ponsse Oyj´s President and CEO Arto Tiitinen. The agreements were signed at a meeting of Ponsse Group's Board of Directors in Mogi das Cruzes, Sao Paulo, Brazil, on 15 September 2006. PONSSE OYJ Arto Tiitinen President and CEO FOR FURTHER INFORMATION, PLEASE CONTACT: Arto Tiitinen, President and CEO, Ponsse Oyj tel. +358 400 566 875 DISTRIBUTION Helsinki Stock Exchange Principal media www.ponsse.com