COMET is planning to introduce short-time working in the Vac-uum capacitors area

Media Release

Flamatt, December 18, 2008

COMET is planning to introduce short-time working in the Vac-uum capacitors area

As a result of the worsening situation, COMET AG is now planning to introduce short-time working in the vacuum capacitors production area at the Flamatt works from 12 January. For the time being, the short-time working will only affect the vacuum capacitors production area, equivalent to a short-time working level of 12% in the Flamatt works. There are no plans to extend short-time working to other areas.

Contact:

Dr. Roland Zarske

Chief Executive Officer

T +41 31 744 9909                

roland.zarske@comet.ch