TietoEnator Corporation Stock Exchange Release 17 March 2008, 5.15 pm
EET


TietoEnator's Performance Improvement Programme launched in January
this year is progressing as planned. The actions taken by the end of
February amount to annualized savings of 24 million euros. The
company is on track in reaching the annual savings target of more
than 100 million euros with the planned run-rate of 50% from the end
of 2008.

As part of the programme TietoEnator has focused on improving
utilization rate. The company has transferred people from
administrative work to more customer focused tasks. At the end of
February, the utilization rate was about six percentage points higher
than during the same period last year.

Personnel negotiations in Finland concluded

TietoEnator's personnel negotiations that were initiated in Finland
on 24 January have been concluded. As a result of the negotiations
and other personnel adjustments approximately 190 jobs will be cut.

When initiating the negotiations TietoEnator estimated that some 400
people in Finland will be affected by redundancies or internal
transfers during 2008. Due to good organic growth, natural attrition
and internal transfers the total number of affected personnel came
down during the negotiation process.

The negotiations processes that have been started in other
TietoEnator's operating countries are still ongoing.

Hannu Syrjälä, President and CEO, TietoEnator says: "Our Performance
Improvement Programme is yielding good results and we are on track to
meet the annual savings targets. Cost savings, improved utilization
rate and good organic growth during the first two months of the year
are key elements in restoring TietoEnator's profitability."

TietoEnator will publish its first quarter interim report on 24 April
at 8.00 am EET / 7.00 am CET.

For further information, please contact:
Hannu Syrjälä, President and CEO, tel. +358 9 862 63020

Reeta Kaukiainen, EVP, Communications and Investor Relations,
tel. +358 9 8626 3276 or +358 50 522 0924,
reeta.kaukiainen@tietoenator.com



TIETOENATOR CORPORATION

DISTRIBUTION
Helsinki Stock Exchange
Stockholmsbörsen
Principal Media



TietoEnator is among the leading architects in building a more
efficient information society and one of the largest IT services
providers in Europe. TietoEnator specializes in consulting,
developing and hosting its customers' business operations in the
digital economy. The Group's services are based on a combination of
deep industry-specific expertise and the latest information
technology. TietoEnator has about 16 000 experts in close to 30
countries.
www.tietoenator.com





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