2010-05-05 16:55:00 CEST

2010-05-05 16:55:16 CEST


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Ixonos - Company Announcement

The arbitrator's decision regarding the additional acquisition price for Cidercone Life-Cycle Solutions Oy


Ixonos Plc          Stock Exchange Release           5 May 2010 at 17:55


THE ARBITRATOR'S DECISION REGARDING THE ADDITIONAL ACQUISITION PRICE FOR
CIDERCONE LIFE-CYCLE SOLUTIONS OY 

Ixonos Plc has today received the arbitrator's decision concerning the
additional acquisition price for Cidercone Life-Cycle Solutions Oy (later
Ixonos Outsourcing Services Ltd). Based on the decision, Ixonos Plc will have
to increase the paid MEUR 7.8 additional acquisition price by MEUR 1.1. 

The sellers' claim of the supplementary additional acquisition price was MEUR
8.1. Based on the arbitrator's decision the total additional acquisition price
comes to MEUR 8.9. Thus the total price of the acquisition has come to MEUR
17.7. 

The arbitrator's decision is final.

The arbitration has caused MEUR 0.4 in expenses for Ixonos Plc, which will be
entered in the books during the second quarter of the current financial year. 

IXONOS PLC                                                                      
Kari Happonen                                                                   
President and CEO                                                               

For more information, please contact:                                           
Ixonos Plc, Kari Happonen, CEO, tel. +358 400 700 761, kari.happonen@ixonos.com

Distribution:                                                                   
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