Organizational Announcement, GS-Hydro Corporation

Mr. Heikki Pennanen has been appointed as Vice President, Major Project Unit from Sept 1, 2009. Mr. Pennanen will be based in the GS-Hydro Group office in Espoo, Finland.

As new Managing Director FINLAND (and Russia) Mr. Lauri Leskinen will start from the same date. Mr. Leskinen will be located in Hämeenlinna, Finland.