Technopolis - Company Announcement

Technopolis Plc: Technopolis Negotiating Significant Deal in Kuopio

TECHNOPOLIS PLC                     STOCK EXCHANGE RELEASE                     
December 17, 2010 at 9:15 



Technopolis Negotiating Significant Deal in Kuopio

Technopolis is negotiating a letter of intent concerning a significant
agreement with Savonia University of Applied Sciences in Kuopio, Finland. The
Board of Savonia approved Technopolis' tender as the basis for a letter of
intent (LOI) in its meeting of 16.12.2010. The contractual procedure will
proceed in phases from the LOI to a preliminary agreement and finally a lease.
The final approval of the lease will be done by the Savonia Council on February
3, 2011. 

According to the approved tender Savonia will relocate its operations into
Technopolis' premises in two phases. In the first phase, starting from the end
of 2013, Savonia will lease 11,000 square meters for its operations. The first
phase of the agreement can be executed without new building construction. In
the second phase, starting from the end of 2015 Savonia would lease an
additional 22,000 square meters.The approved tender totals 33,000 square
meters. The rental period for both phases is at least 15 years. The time table
is illustrative and non-binding. 

Technopolis will release more information when negotiations concerning the
lease are completed. 

Technopolis Plc

Keith Silverang
CEO
tel. 040 566 7785

Distribution:
NASDAQ OMX Helsinki
Main news media
www.technopolis.fi