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2016-05-17

Pihlajalinna Oyj: Pihlajalinna Plc:Pihlajalinna and Mänttä-Vilppula social and healthcare outsourcing contract signed by the end of May

Pihlajalinna PlcStock Exchange Release 17 May at 12.40 p.m. (EEST)

Pihlajalinna and Mänttä-Vilppula social and healthcare outsourcing contract
signed by the end of May

Mänttä-Vilppula city board chose Pihlajalinna as the service provider of
city's social and healthcare services on the 9 February 2016.

Attendo filed a Rectification of Procurement of Mänttä-Vilppula's procurement
decision and filed a complaint to the Market Court. The Rectification of
Procurement was rejected by Mänttä-Vilppula. Mänttä-Vilppula city has now
told that they have received information that the complaint has been
retracted from the Market Court.

Pihlajalinna and Mänttä-Vilppula can now start the negotiations that will lead
to the enforcement of the social and healthcare outsourcing contract. The
final contract is intended to be signed as soon as possible by the end of
May.

Pihlajalinna has a valid servicecontract with Mänttä-Vilppula. Pihlajalinna
continues to provide social and healthcare services uninterrupted.

Mänttä-Vilppula tender included the social and healthcare services for up to
60 000 inhabitants for 10 year contract period initially during the time
period between 1 July 2016 to 30 June 2026. The contract has also a five year
additional option. Mänttä-Vilppula has approximately 11 000 population and
estimated social and healthcare net cost of EUR 40 million.

Further information

Mikko Wirén, toimitusjohtaja, Pihlajalinna Oyj, 050 322 0927

Terhi Kivinen, SVP, Communications, Marketing and IR, Pihlajalinna Oyj, +358
40 848 4001, terhi.kivinen@pihlajalinna.fi

Distribution

Nasdaq Helsinki Oy

Key media

investors.pihlajalinna-konserni.fi

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This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Pihlajalinna Oyj via Globenewswire

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