Tieto Oyj - Company Announcement

Tieto establishes a new share-based reward plan

Tieto Corporation STOCK EXCHANGE RELEASE 16 May 2014, 9.00 am EET

The Board of Directors of Tieto Corporation has decided to utilize company
shares in a new reward plan for selected key employees. The plan will run until
the end of 2016. The maximum number of Tieto shares to be delivered to the
participants is 62 500 shares. 

The Board of Directors anticipates that shares to be delivered to the
participants under the plan would consist of shares in the possession of the
company or shares to be acquired from the market. Thus, no new shares will be
issued in connection with the plan and, therefore, the incentive plan will have
no dilutive effect. 

Proposals for authorizing the Board of Directors to acquire own shares from the
market and to issue shares based on the plan will be made to the Shareholders'
Annual General Meeting of 2016. 


For further information, please contact:
Nina Lönnquist, Head of Compensation & Benefits, tel. +358 40 750 5804,
nina.lonnquist (at) tieto.com 



TIETO CORPORATION



DISTRIBUTION
NASDAQ OMX Helsinki
NASDAQ OMX Stockholm
Principal Media



Tieto is the largest Nordic IT services company providing full life-cycle
services for both the private and public sectors and product development
services in the field of communications and embedded technologies. The company
has global presence through its product development business and global
delivery centres. Tieto is committed to developing enterprises and society
through IT by realizing new opportunities in customers' business
transformation. At Tieto, we believe in professional development and results. 

Founded 1968, headquartered in Helsinki, Finland and with approximately 14 000
experts, the company operates in over 20 countries with net sales of
approximately EUR 1.6 billion. Tieto's shares are listed on NASDAQ OMX in
Helsinki and Stockholm. Please visit www.tieto.com for more information.