Collective termination of employment contracts and part-time working time


AS Norma has filed requests with the Labor Inspectorate in order to apply the
collective termination of employment contracts with 52 employees, and part-time
working to 589 employees in March. The termination of employment contracts and
part-time working result from the Russian and Western-European clients'
information to halt production temporarily in February and March 2009, which
has been communicated to AS Norma. AS Norma shares the opinion of its clients
that the production halt and volumes drop is temporary. However it is difficult
to estimate when and at which level of production volumes the situation will
stabilize. 

Peep Siimon
Chairman of the Management Board
phone: + 372 6500 442