ASPOCOMP HAS STARTED PERSONNEL NEGOTIATIONS AT EVREUX PWB PLANT

ASPOCOMP GROUP Oyj STOCK EXCHANGE RELEASE October 18,2001 at 12:50

ASPOCOMP HAS STARTED PERSONNEL NEGOTIATIONS AT EVREUX PWB PLANT
Aspocomp has today started negotiations with the Working Council at

Evreux PWB plant in France to adapt the capacity to the existing

market demand. The negotiations regarding possible personnel

reductions concern about 210 employees. Total number of personnel of

the Evreux plant in the end of September was 545.

The planned actions would take place by the end of the year 2001.
For more information, please contact CEO Jarmo Niemi

at +358 9 759 70711.
ASPOCOMP GROUP Oyj
Jarmo Niemi

President and CEO
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