CapMan - Company Announcement

CapMan Plc issues EUR 20.0 million hybrid bond

CapMan Plc Stock Exchange Release 5 December 2008 5.30 p.m.

CapMan Plc has resolved to issue a EUR 20.0 million hybrid bond to
Finnish institutional investors in order to strengthen the Group's
capital structure and to finance investments that CapMan Plc has made
to the funds managed by the Group in line with its strategy. As the
bonds are issued as serial bonds, the size of the issue may be
increased to EUR 30 million.

The semi-annual coupon rate of the bond is 11.25%. The bond has no
maturity but the company may call the bond after five years. The bond
will be treated as equity in the Group's IFRS financial statements.
The issuance of the bond will not dilute holdings of company's
shareholders.

A hybrid bond is a bond that is subordinated to company's other debt
obligations but senior to its other equity instruments. Holder of a
hybrid bond does not have any shareholder rights.


For more information, please contact:
Heikki Westerlund, CEO, CapMan Plc, tel. +358 207 207 504 or +358
50 559 6580


CAPMAN PLC


Mari Reponen
Communications Director
Investor Services


DISTRIBUTION
Helsinki Stock Exchange
Principal media
www.capman.com


CapMan  www.capman.com
CapMan is one of the leading alternative asset managers in the Nordic
countries and Russia and manages private equity funds with
approximately EUR 3.2 billion in total capital. CapMan has six
investment areas (CapMan Buyout, CapMan Technology, CapMan Life
Science, CapMan Russia, CapMan Public Market and CapMan Real Estate),
and each of them has a dedicated team and funds. Altogether CapMan
employs 140 people in Helsinki, Stockholm, Copenhagen, Oslo and
Moscow. CapMan was established in 1989 and its B shares are listed on
the Helsinki Stock Exchange since 2001.