Mikko Paananen Appointed Managing Director at Lako Oy

Ponsse Oyj´s CFO Mikko Paananen, aged 42, LLM, has been appointed Managing
Director at Lako Oy in addition to his own responsibilities. He will assume his
duties on 4. December 2006. Lako Oy´s previous Managing Director Turkka Lastunen does
not continue at Ponsse Oyj´s service.

Vieremä, 4 December 2006

PONSSE OYJ

Arto Tiitinen
President and CEO

FOR FURTHER INFORMATION, PLEASE CONTACT:
Arto Tiitinen, tel. +358 400 566 875

DISTRIBUTION
Helsinki Stock Exchange
Principal media
www.ponsse.com