WULFF-GROUP PLC COMMENCES CO-OPERATION NEGOTIATIONS IN FINLAND

WULFF-GROUP PLC STOCK EXCHANGE RELEASE 26 FEBRUARY 2009 AT 9:00 A.M.

WULFF-GROUP PLC COMMENCES CO-OPERATION NEGOTIATIONS IN FINLAND

In order to make operations more efficient and to increase the profitability,
Wulff-Group’s Finnish subsidiaries Beltton Oy, KB-tuote Oy, Suomen Rader Oy and
Vinstock Oy and the parent company commence co-operation negotiations with the
staff. The negotiations are initiated due to the downward turn in the demand for
the office supplies and services caused by the present market situation,
production-related and financial issues as well as changes related to business
reorganisation.

The co-operation negotiations apply to the personnel in administration, support
functions and logistics of the subsidiaries and the parent company. Possible
terminations, lay-offs and task rearrangements that may be decided on as a
result of the negotiations will affect 25 persons at most. The subsidiaries and
the parent company participating in the co-operation negotiations employ a total
of 160 persons, of which approximately 35 per cent work in administration, sales
support and logistics.

Wulff-Group Plc’s CEO Heikki Vienola: ”Improving and adjusting the
administration and support functions to better correspond with the present
market situation is imperative in order to guarantee profitability. Significant
savings are expected from the actions concerning personnel. Our financial and
personnel resources need to be focused correctly to support sales and customer
service. One of our most important values is customer orientation. Good level of
service is secured by business reorganisation.”

The co-operation negotiations will be carried out in compliance with the
cooperation act, and they are expected to be concluded after the middle of
March. The aim of the negotiations is to secure the companies’ competitiveness
and operational viability also in the future.

WULFF-GROUP PLC

Heikki Vienola
CEO

www.wulff-group.com

Further information:

Heikki Vienola, CEO
Tel. +358 9 5259 0050 or +358 50 65 110
e-mail: heikki.vienola@wulff.fi

Sirpa Väisänen, IR Officer
Tel. +358 9 5259 0050 or +358 400 943 243
e-mail: sirpa.vaisanen@wulff.fi

Distribution:
NASDAQ OMX Helsinki Oy
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