manroland Outlines Standalone Strategy for Future Success

3. Establishment of a new Technical and Industrial Services business sector consisting of about 300 employees who will focus on the following activities:

• Industrial consultation

• Subcontracting of highly qualified technical experts.

The planned measures will likely lead to reductions in staffing levels by 500, mainly in administration. As a result, the number of employees will drop to about 6,000 by the end of 2012. This includes previously announced job losses, measures for semi-retirement, and natural employment fluctuations. Our objective is to keep job losses at a socially acceptable level. Talks with labor representatives have been entered into.