Panostaja Oyj - Company Announcement

PAYING PANOSTAJA OYJ BOARD MEMBERS' FEES IN THE FORM OF CLASS B SHARES HELD BY THE COMPANY

Panostaja Oyj 	Stock Exchange Bulletin, 13th June 2008, 11:30 PM                


PAYING PANOSTAJA OYJ BOARD MEMBERS' FEES IN THE FORM OF CLASS B SHARES HELD BY  
THE COMPANY                                                                     

With reference to Board meeting fees, Panostaja Oyj's AGM decided on 18th       
December 2007 that about 40% of the fee paid to a board member should be paid in
accordance with the share issue authorisation given to the Board by transferring
class B company shares to each Board member unless a Board member should already
own more than one per cent of the total share capital on the date of the AGM. If
a Board member's holding in the company on the date of the AGM should exceed one
per cent of the total share capital, the fee shall be paid fully in cash.       
Panostaja Oyj's Board also decided at its organisational meeting held upon      
completion of the AGM to implement the AGM decision concerning Board member fees
paid as shares in such a way that shares are transferred on a quarterly basis on
the date following publication of the quarterly/annual report.                  

According to decisions taken at the AGM and by the Board, Panostaja Oyj today   
transferred to Board members a total of 6,530 class B shares as part of their   
Board meeting fees as follows:                                                  

Fees for the chairman of the Board Matti Koskenkorva have been paid fully in    
cash, as Matti Koskenkorva's holding on the date of the AGM exceeded the one per
cent limit set by the AGM. Matti Koskenkorva's holdings in Panostaja Oyj and    
other instruments issued by Panostaja Oyj amount to 3,312,624 class A shares and
2,557,012 class B shares.                                                       

A total of 2,177 class B shares were transferred to the vice chairman of the    
Board Jukka Ala-Mello. As a result of the transfer, his holdings in Panostaja   
Oyj and other instruments issued by Panostaja Oyj amount to 4,700 class B       
shares.                                                                         

A total of 1,451 class B shares were transferred to Board member Hannu Ketola.  
As a result of the transfer, his holdings in Panostaja Oyj and other instruments
issued by Panostaja Oyj amount to 3,133 class B shares.                         

A total of 1,451 class B shares were transferred to Board member Hannu          
Martikainen. As a result of the transfer, his holdings in Panostaja Oyj and     
other instruments issued by Panostaja Oyj amount to 58,133 class B shares.      

A total of 1,451 class B shares were transferred to Board member Hannu          
Tarkkonen. As a result of the transfer, his holdings in Panostaja Oyj and other 
instruments issued by Panostaja Oyj amount to 30,133 class B shares.            


As a result of the transfer, the company holds a total of 475,000 class A shares
and 263,389 class B shares.                                                     

PANOSTAJA OYJ, BOARD OF DIRECTORS                                               

Juha Sarsama                                                                    
CEO                                                                             

This stock exchange bulletin is a translation of the original Finnish stock     
exchange bulletin 12th June 2008                                                

For further information, please contact Juha Sarsama +358 40 774 2099