Oriola-KD Oyj: Oriola-KD completed negotiations to reduce positions in Swedish pharmacy chain

Oriola-KD Corporation Stock Exchange Release 9 December 2011 at 11.00 a.m.

The Kronans Droghandel pharmacy chain has completed negotiations with the unions and reduces personnel equal to 40 full time positions by the end of 2011. The efficiency program at Kronans Droghandel now continues with focus on increasing sales and further improving pharmacy operations.

Kronans Droghandel Apotek AB is a jointly owned company of Oriola-KD and KF (Kooperativa Förbundet). Oriola-KD has 80 per cent and KF 20 per cent ownership of the pharmacy company.

Oriola-KD Corporation

Eero Hautaniemi
President and CEO

Kimmo Virtanen
Executive Vice President and CFO

Further information:

Kimmo Virtanen
Executive Vice President and CFO
tel. [phone]
e-mail: [e-mail]

Pellervo Hämäläinen
Vice President, Communications and IR
tel. [phone]
e-mail: [e-mail]

Distribution
NASDAQ OMX Helsinki Ltd
Principal media

Published by:
Oriola-KD Corporation
Corporate Communications
Orionintie 5
FI-02200 Espoo, Finland
www.oriola-kd.com

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Source: Oriola-KD Oyj via Thomson Reuters ONE

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