Panostaja Oyj - Company Announcement

PANOSTAJA OYJ'S HOLDING IN TAKOMA OYJ FALLS TO 65.21 %

Panostaja Oyj              Stock Exchange Bulletin 11.7.2008   10.30 am


PANOSTAJA OYJ'S HOLDING IN TAKOMA OYJ FALLS TO 65.21 %

The return of capital (‘Equity Rebate') in the form of Takoma Oyj shares and
cash decided at Panostaja Oyj's extraordinary general meeting on 9 June has
been put into effect. The Takoma shares received as return of capital were
entered in the Panostaja shareholders' book-entry accounts on 26 June 2008. 

A total of 2,289,127 Takoma Oyj shares were distributed under the decision to
798 Panostaja shareholders and EUR 112,231.59 was paid out in cash. Altogether
1,166 Takoma shares were sold in the sale of shares held in conjunction with
the return of capital, fetching a total of EUR 1, 935.56. 

The move means that Panostaja Oyj's holding in Takoma Oyj has fallen to 65.21%
of the shares and votes. Kimmo Korhonen, the company's CEO, continues to own
17% of the shares. 

Following the return of capital, 17.79% of the shares and votes will be
publicly owned. On 3 July 2008 the company had a total of 1,009 shareholders. 

FOR THE BOARD OF DIRECTORS OF PANOSTAJA OYJ


Juha Sarsama
CEO


Further information is available from: Juha Sarsama, CEO, on (tel.) 040 774
2099 

Panostaja Oyj invests in Finnish small and medium-sized enterprises operating
in traditional industries. The long-term objective is to raise the status of
the target company to become a major player in its field. The Group at present
operates in 13 business areas. Turnover for the Panostaja Group in the
financial year 2007 was EUR 90.8 million.