SUOMINEN'S OPERATING RESULT IS EXPECTED TO BE NEGATIVE

SUOMINEN CORPORATION  STOCK EXCHANGE RELEASE 2 SEPTEMBER 2010 AT 12:00 P.M.     


SUOMINEN'S OPERATING RESULT IS EXPECTED TO BE NEGATIVE                          

Concerning net sales for 2010, Suominen has estimated that delivery volumes are 
going to grow during the latter half of 2010 in comparison with the first part  
of the year, but nevertheless not expected to reach the previous year's level.  
Operating profit was expected to be lower than in 2009, resulting from the      
decrease in sales volumes and the rise in raw material and energy costs during  
the first part of the year.                                                     

At present, Suominen expects delivery volumes to grow during the latter part of 
the year, but less than previously anticipated. Suominen has today given a      
negotiation proposal to the representatives of employee groups at the Flexibles 
business unit in Finland according to Co-Determination Act. In case the possible
headcount reduction and the closure of the Nastola plant will take place        
according to the negotiation proposal, Suominen Corporation books non-recurring 
costs of approximately EUR 2.5 million mainly for the current year.             

Suominen's operating profit for 2010 is expected to be negative due to lower    
delivery volumes and non-recurring costs.                                       

Suominen's credit agreements include financial covenants concerning the ratio of
net debts to EBITDA and maximum non-default levels. Suominen expects that the   
company will not able to comply with the covenants. Consequently, Suominen has  
started negotiations with the banks on provisional amendments concerning the    
covenants and other credit terms.                                               

Helsinki, 2 September 2010                                                      


SUOMINEN CORPORATION                                                            


Board of Directors                                                              


For addition information please contact:                                        
Mr. Petri Rolig, President and CEO, tel. +358 (0)10 214 300                     
Mr. Arto Kiiskinen, Vice President and CFO, tel. +358 (0)10 214 300

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