April 15 (Reuters) - Locality Planning Energy Holdings Ltd LPE.AX :
* COMMENCED COST REDUCTION PROGRAM FOCUSED ON REDUCING FIXED COST BASE RELATING TO SUBSTANTIAL GROWTH PLANS CO HAD FOR H2
* COMMENCED A REDUNDANCY PROGRAM FOCUSED ON ALL CASUAL AND SOME PERMANENT SALES STAFF
* LOCALITY PLANNING ENERGY-IMPACT OF PROGRAM IS TO REDUCE OVERALL STAFF COSTS TO ABOUT $1.0M IN JUNE QUARTER , REDUCTION OF ABOUT 30% COMPARED TO MARCH QUARTER