2007-08-27 08:31:47 CEST

2007-08-27 08:31:47 CEST


REGULATED INFORMATION

English Finnish
Affecto Oyj - Company Announcement

FINAL RESULT OF AFFECTO PLC'S PUBLIC TENDER OFFER FOR COMPONENT SOFTWARE, DIRECTED SHARE ISSUE, BEGINNING OF THE REDEMPTION PROCEDURE AND NEW MEMBER OF THE BOARD OF DIRECTORS


AFFECTO PLC           STOCK EXCHANGE RELEASE          27 August 2007 at 09:30


FINAL RESULT OF AFFECTO PLC'S PUBLIC TENDER OFFER FOR COMPONENT SOFTWARE,
DIRECTED SHARE ISSUE, BEGINNING OF THE REDEMPTION PROCEDURE AND NEW MEMBER OF
THE BOARD OF DIRECTORS

The board of directors of Affecto Plc ("Affecto") has convened earlier today,
27  August 2007, and has dealt with the following issues regarding the public
tender offer for Component Software Group ASA ("Component Software"):

Final result of the public tender offer

The  offer  period of Affecto Plc's public tender offer for  all  issued  and
outstanding shares of Component Software expired on 22 August 2007.

The  final  result of the tender offer has been established. As a consequence
of  the tender offer, the number of Component Software shares transferred  to
Affecto  at  completion of the tender offer is 5,551,442 shares  representing
about  95.3%  of  all  issued and outstanding shares and votes  in  Component
Software.  Affecto holds no other shares or securities in Component  Software
prior to completion of the tender offer.

As all conditions for the completion of the tender offer have been satisfied,
the  board of directors of Affecto has at today's meeting decided to complete
the  public  tender offer. The offer consideration will be delivered  by  SEB
Enskilda  ASA  to  those  Component Software shareholders  who  have  validly
accepted  the  tender offer at the latest by 3 September 2007  in  accordance
with the terms and conditions of the tender offer.

Directed share issue to Component Software's shareholders

In  accordance with the terms and conditions of the public tender offer,  the
consideration  for  one Component Software share is NOK  40.03  in  cash  and
0.81063 new Affecto shares (approximately NOK 25.47, based on a value of  the
Affecto  share  of NOK 31.42), which equals NOK 65.50 per Component  Software
share.

In order to complete the tender offer and pay the combined cash and share
consideration pursuant to the terms and conditions of the public tender
offer, Affecto's board of directors has today decided, by virtue of the
authorisation granted at the company's extraordinary shareholders' meeting
held on 10 July 2007, to issue new Affecto shares to Component Software's
shareholders and deviate from the pre-emptive right of subscription. A total
of 4,499,947 consideration shares were subscribed and issued.

The  subscription price of the new shares is paid as a contribution in  kind.
The  directed  share issue in its entirety was credited to  the  reserve  for
invested  unrestricted  equity  and  the  company's  share  capital  remained
unchanged.  Affecto's shares will amount to a total of 21,516,468  after  the
new  shares  have been entered into the trade register. Affecto's new  shares
will be registered in the trade register on 28 August 2007 and the trading of
new shares together with Affecto's old shares will start on 28 August 2007 at
OMX  Nordic  Exchange Helsinki Oy. The new shares give the same shareholders'
rights as Affecto's old shares.

The  company has informed about the terms and conditions of the public tender
offer  and  the  authorisations regarding the directed share issue  in  stock
exchange releases issued on 11 June 2007, 10 July 2007 and 20 July 2007.

Initiation  of  mandatory  cash  offer  for  and  compulsory  acquisition  of
Component Software shares

As  Affecto's ownership in Component Software at the completion of the tender
offer  will  exceed nine-tenths (9/10) of the shares and votes  in  Component
Software,  Affecto  is obliged to make a mandatory cash offer  in  accordance
with  the  Norwegian  Securities  Trading  Act.  Upon  having  fulfilled  its
obligations  thereunder,  Affecto  will  make  a  compulsory  acquisition  in
accordance  with the Norwegian Companies Act concerning the remaining  shares
in  Component  Software.  Affecto will initiate the  preparations  for  these
offers  and  will  inform separately about the proceedings  later.  Component
Software  will submit application for de-listing of its shares  at  the  Oslo
Stock Exchange.

New member of the board of directors

Furthermore,  the extraordinary shareholders' meeting held on  10  July  2007
resolved  to  elect  Mr.  Haakon Skaarer as a new  member  of  the  board  of
directors  of  Affecto with effect from the completion of the  public  tender
offer. The election was conditional on completion of the tender offer. As the
tender offer will be completed, Mr. Haakon Skaarer becomes a new board member
of Affecto as of 28 August 2007.


AFFECTO PLC
Board of Directors


Further information:
Pekka Eloholma, managing director, tel. +358 205 777 737
Hannu Nyman, director, M&A, tel. +358 205 777 761