CapMan - Major shareholder announcements

Disclosure of changes in shareholding in accordance with chapter 2, section 9 of the Securities Market Act

CapMan Plc announces that it has received information that the subscription of  
1,155,720 CapMan B shares with 2000 A/B stock options entered to the Trade      
Register today and the transactions and share conversions announced on 4 April  
2007, if completed, would decrease Aristo-Invest Oy's and its controlling       
shareholder Ari Tolppanen's aggregate share of voting rights in CapMan Plc to   
under three-twentieths (3/20). It is expected that the share transactions and   
share conversion will be finalised by 16 May 2007.                              

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| 1. Company:                 | CapMan Plc         |            |              |
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| 2. Aristo Invest Oy's and Ari Tolppanen's exact  |            |              |
| portion of share capital and voting rights in    |            |              |
| CapMan Plc after today's share subscription and  |            |              |
| the closing, if completed, of the share          |            |              |
| transactions and share conversion announced on 4 |            |              |
| April 2007:                                      |            |              |
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|                       Share |          Number of | % of share |  % of voting |
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|                      series |             shares |   capital  |       rights |
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|                    A shares |         1 220 200  |      1.56% |        9.22% |
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|                    B shares |          7 418 720 |      9.47% |        5.60% |
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|                    In total |          8 638 920 |     11.03% |       14.82% |
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| 4. Shareholder's full name  | Oy Aristo-Invest Ab, Trade Register number     |
| and Trade Register number:  | 0594374-5                                      |
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The share capital of CapMan Plc will be EUR 783,144.18 after the entry of the B 
share subscription to the Trade Register and the closing of the share           
transactions and share conversion. The Company's share capital consists of      
78,314,418 shares in total (6,000,000 A-series shares and 72,314,418 B-series   
shares). The shares have 132,314,418 votes in total. A-series shares have       
entitlement to ten (10) votes per share and B-series shares one (1) vote per    
share.                                                                          


CAPMAN PLC                                                                      


Jerome Bouix                                                                    
Partner                                                                         
Fundraising, IR and Communications                                              


DISTRIBUTION                                                                    
Helsinki Exchanges                                                              
Principal media                                                                 
www.capman.com                                                                  

CapMan                                                                          
CapMan is one of the leading private equity investors in the Nordic countries   
and manages Nordic buyout, mezzanine, technology, life science and real estate  
funds with approximately EUR 3.0 billion in total capital. Each investment area 
has a dedicated team and altogether CapMan employs around 100 people in         
Helsinki, Stockholm, Copenhagen and Oslo. Established in 1989, CapMan has strong
experience as a fund manager and as a partner for investors and entrepreneurs.  
To date CapMan has made over 150 Nordic investments and over 90 exits. The      
current portfolio encompasses over 60 companies with an aggregate turnover of   
approx. EUR 2.7 billion and aggregate personnel of 17,000 people. The latest    
investments are made in Finnish Novintel Oy, Danish ScanJour A/S, Swedish       
QuickCool AB and Norwegian InfoCare ASA. In addition, CapMan has invested in 27 
real estate assets and exited from 22. The B shares of CapMan Plc are listed on 
the Main List of the Helsinki Stock Exchange since 2001. www.capman.com