Codetermination negotiations concluded at the Iittala Group plants


Fiskars Corporation's subsidiary Iittala Group Ltd. has concluded
codetermination negotiations with personnel at its plants in Arabia (Helsinki),
Iittala, and Nuutajärvi. On the basis of these, the company has decided to make
51 employees redundant. In addition, eight people will leave the company under
other arrangements. Approximately 300 employees will be temporarily laid off,
for around ten weeks at the glassworks Iittala and Nuutajärvi, and for around
six weeks at the Arabia plant.

The codetermination negotiations covered around 450 people in Finland. The
initial estimate at the start of negotiations was that around 60 people could be
made redundant.

Further information:
Tero Vähäkylä, President, Iittala Group Ltd, tel +358 204 39 5306
Pia Nybäck, Director, Arabia plant, Iittala Group, tel. +358 204 39 5223
Osmo Strengell, Director, Glass Factories, Iittala Group, tel. +358 204 39 6249

Kari Kauniskangas

Fiskars is a leading global supplier of consumer products for the home, garden
and outdoors. The group has a strong portfolio of trusted international brands
including Fiskars, Iittala, Gerber, Silva, and Buster. Associated company,
Wärtsilä Corporation, is also an important part of the group, and forms one of
Fiskars' operating segments, together with the Americas, EMEA, and Other.
Founded in 1649 and listed on NASDAQ OMX Helsinki, Fiskars is Finland's oldest
company. Fiskars recorded net sales of €697 million in 2008, and employs some
4,100 people.