Panostaja Oyj - Company Announcement

PANOSTAJA LAUNCHES A SHARE ISSUE RELATING TO THE PUBLIC TAKEOVER BID

PANOSTAJA OYJ	Stock Exchange Bulletin  14th August 2007 

PANOSTAJA LAUNCHES A SHARE ISSUE RELATING TO THE PUBLIC TAKEOVER BID            

In accordance with the share issue authorisation announced at the AGM on 15th   
December 2006, the Board of Panostaja Oyj has decided to increase the company's 
share capital by 339,501.00 euros to a total of 5,244,081.60 euros by launching 
a share issue disapplying the shareholders' pre-emption rights to carry out a   
share exchange according to the terms of the public takeover bid relating to    
Suomen Helasto Oyj.                                                             

The share issue consists of 2,829,175 new class B shares with a nominal value of
0.12 euros that are being offered to all Suomen Helasto Oyj shareholders who    
have accepted the share exchange bid. The subscription price is 1.70 euros per  
share which was the closing price of Panostaja Oyj's (old) class B shares on the
Helsinki Stock Exchange on 9th August 2007. From the subscription price, 0.12   
euros will be recorded as an increase in share capital and 1.58 euros as an     
increase in the invested non-restricted equity fund.                            

As part of this share issue, subscribers will pay the subscription price by     
transferring six Suomen Helasto Oyj shares for every five Panostaja Oyj class B 
shares subscribed. A cash consideration will be paid for any remaining fractions
of Panostaja Oyj shares based on the closing price of Panostaja Oyj's (old)     
class B shares on the Helsinki Stock Exchange on 29th May 2007.                 

There is a specific important financial reason for making this derogation of the
shareholders' pre-emptive subscription right, as this share issue is based on a 
public takeover bid made in accordance with an imperative legal provision. The  
share exchange is also part of an arrangement implementing Panostaja Oyj's      
growth strategy and significantly increasing Oyj's business volume and improving
the company's ability to make profits. It is also believed that the arrangement 
will increase both the liquidity of and trading in Panostaja Oyj shares. As a   
result, the arrangement is in the best interests of all Panostaja Oyj           
shareholders.                                                                   

The class B shares subscribed in the issue will give shareholder's rights on    
being recorded in the trade register. The start date for trading in new shares  
will be announced separately.                                                   

This stock exchange bulletin is a translation of the original Finnish stock     
exchange bulletin August 10 th, 2007. 


PANOSTAJA OYJ                                                                   

Olli Halmevuo                                                                   
CEO                                                                             


For further information, please contact                                         

Mr. Olli Halmevuo, CEO, Panostaja Oyj, tel. +358 (0)3 263 4300 or +358 (0)400   
545 3767.