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VAAHTO GROUP PLC OYJ STOCK EXCHANGE BULLETIN 8.12.2008 at 14.00

VAAHTO LTD, A SUBSIDIARY OF VAAHTO GROUP, STARTS CO-DETERMINATION NEGOTIATIONS

Vaahto Ltd, a subsidiary of Vaahto Group, starts today co-determination negotiations on adjusting the company’s operations to the weakened market and demand situation.

Negotiations concern temporary lay-offs of entire personnel and also eventual terminations of employment contracts. Vaahto Ltd has total about 140 salaried and blue-collar employees in Hollola and in Tampere.

Lahti December 8, 2008

VAAHTO GROUP PLC OYJ

Antti Vaahto

President (CEO)

Information:

Antti Vaahto

CEO, Vaahto Group Plc Oyj

tel. +358 40 8232835

Vaahto Group is a globally operating high technology company serving process industry in the fields of pulp and paper machinery and process machinery.