HONKARAKENNE OYJ STOCK EXCHANGE RELEASE 27 NOVEMBER 2008 AT 10:30 AM HONKARAKENNE'S MARKET SITUATION WEAKENED Due to the rapid weakening of the market situation, it has become increasingly unlikely that the company will record a positive result during the current year. Co-operation negotiations have begun in the company, and the necessary corrective actions have already been taken. Further information: Esko Teerikorpi, President and CEO, tel. +358 40 580 6111, esko.teerikorpi@honka.com. HONKARAKENNE OYJ Board of Directors DISTRIBUTION OMX Nordic Exchange, Helsinki Principal media Financial supervision