Teemu Raitis appointed Managing Director of Ponsse’s Brazilian subsidiary

PONSSE PLC STOCK EXCHANGE RELEASE 17 FEBRUARY 2012 AT 9:00 AM

Teemu Raitis appointed Managing Director of Ponsse’s Brazilian subsidiary

M.Sc. (Eng.) and M.Sc. (Econ.) Teemu Raitis (35) has been appointed the Managing Director of Ponsse Plc’s Brazilian subsidiary Ponsse Latin America Ltda as of 10 May 2012.

Mr Raitis was previously employed by Sandvik Mining and Construction Oy holding different positions, such as Product Line Manager for mining trucks and Regional Product Line Manager for loaders and trucks in Latin America. He began working at Sandvik in 2004, and was last based in Chile.

Raitis will report to Jarmo Vidgrén, Sales and Marketing Director at Ponsse Plc. He will be based in Mogi das Cruzes, Brazil. Ponsse Ltda’s previous Managing Director Claudio Costa resigned as of 7 February 2012.

The Financial Director of Ponsse Latin America Ltda, Mr Fabio Nogueira, will manage the operations until 10 May 2012 in addition to his own duties. Mr Nogueira has been working as the controller for Ponsse Latin America Ltda since 2007.

Ponsse is committed to continuing the strong development of its operations in Latin America. Lately Ponsse has especially invested in the development of training and maintenance services to support the needs of the growing machine base. Ponsse Latin America Ltda was established in 2005.

Vieremä, 17 February 2012

PONSSE PLC

Juho Nummela
President and CEO

FURTHER INFORMATION
Jarmo Vidgrén, Sales and Marketing Director, tel. +358 40 519 1486
Juho Nummela, President and CEO, tel. +358 400 495 690

DISTRIBUTION
Nasdaq OMX Helsinki Ltd
Principal media
www.ponsse.com