21 November 2007

Press Release
For Immediate Release

ELVES VOTE TO RETURN; REMOVE JIMMY HOLIDAY FROM OFFICE

In a vote called late tonight over the objection of Union officials, members of the International Fraternity of Elves (IFE) first removed Jimmy Holiday and other officers of the Union by a 93% majority. The subsequent vote to end the strike that began on July 8th and return to work passed with over a 98% majority.

Newly elected IFE President Sven Snow told reporters that "...the strike was a terrible misunderstanding regarding the purpose and intent of North Pole Inc.'s outsourcing initiative. That was clearly understood by the vast majority of elves as early as August but the previous union leadership had other motivations. We are just happy to return to our labor of love and we'll do everything possible to ensure this year's Christmas is the best ever."

Jingle, Santa's Chief of Staff, was qouted as saying "We are happy to have all of the elves back. This has been a difficult and trying time. We truly regret the misunderstanding that led to this but we applaud the elves' desire to get back to work and to save Christmas 2007."

Santa Claus was in route back to the North Pole at the time of the vote. He was contacted by Jingle just minutes after the result was confirmed. "Christmas 2007 has been saved. Children worldwide can rest easier tonight. We have a lot of hardwork ahead of us to get back on track but with the help of the elves and our partners, we are confident we can deliver at 100% this year. I want to thank the elves for their decision to return. They always have been and always will be family. This was just an ugly misunderstanding and, as CEO, I take responsibility for us not better communicating our outsourcing plans in a way that the elves here at the North Pole could understand and believe that their jobs will not be impacted. But for now, we are just glad to have them back!"

The elves vote to return is effective immediately.

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