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2007-07-04 08:20:31 CEST 2007-07-04 08:20:31 CEST REGULATED INFORMATION Amanda Capital - Company AnnouncementTOGNUM AND SAGA WAS SOLD FROM AMANDA'S PORTFOLIO/EXITS IN AMANDA'S PORTFOLIOAMANDA CAPITAL PLC STOCK EXCHANGE ANNOUNCEMENT July 4, 2007 TOGNUM AND SAGA WAS SOLD FROM AMANDA'S PORTFOLIO/EXITS IN AMANDA'S PORTFOLIO Tognum IPO in Frankfurt Saga was sold to a Newco There have been exits in Amanda's portfolio. The exits together generate a cash flow of over two million euros for Amanda. Both exits are profitable. EQT IV - private equity fund sold shares in the IPO of Tognum. EQT IV - private equity fund's ownership in Tognum will drop from 84,1 percent to 19,9 percent, if the greeshoe will be fully exercised. Tognum manufactures diesel engines for fast speed ferries, large yachts and armoured vehicles. The transaction generates proceeds to Amanda, which will be accounted in Amanda's result in the third quarter in 2007. Charterhouse VII - private equity fund has sold its share of Saga to a new company that will be created. This transaction will bring together Saga and the AA. Saga's business includes insurance, financial services, holidays, cruises, magazine publishing and other products all targeted at people aged 50 and over. The AA is the UK's leading motoring organisation with around 15 million members; its businesses also include insurance broking, publishing and a driving school. Completion of the transaction is subject to regulatory approval. AMANDA CAPITAL PLC Petteri Änkilä CEO Additional Information: CEO Petteri Änkilä, tel. +358 9 6829 6011 Distribution: Helsinki Stock Exchange, www.amandacapital.fi The Amanda Group is a private equity investment company. Its parent company (Amanda Capital Plc) is the first publicly listed private equity fund-of-funds in Scandinavia. The parent company has investments in 24 different private equity funds and in three funds of funds managed by Amanda. Amanda Group is one of Finland's largest private equity fund investment management companies. The Group manages several private equity fund portfolios under consultancy agreements. It manages also five private equity funds of funds, which have several domestic and international investors. Amanda Group currently has more than EUR 1.3 billion of assets under management (original investment commitments) and has made investments in more than 100 private equity funds in Europe, the United States, Asia and Russia. |
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