Ixonos - Company Announcement

PAYMENT OF ACQUISITION PRICE FOR THE SHARE CAPITAL OF IXONOS ULKOISTUSPALVELUT OY (FORMER CIDERCONE LIFE-CYCLE SOLUTIONS OY) - A DIRECTED SHARE ISSUE

IXONOS PLC STOCK EXCHANGE RELEASE 21 NOVEMBER 2007                              
                                                                                
PAYMENT OF ACQUISITION PRICE FOR THE SHARE CAPITAL OF IXONOS ULKOISTUSPALVELUT  
OY (FORMER CIDERCONE LIFE-CYCLE SOLUTIONS OY) - A DIRECTED SHARE ISSUE          
                                                                            
By a contract signed on 4 September 2007 Ixonos Plc agreed to acquire the entire
share capital of Ixonos Ulkoistuspalvelut Oy (former Cidercone Life-Cycle       
Solutions Oy), a company producing business critical wireless and Internet      
services.                                                                       

The base acquisition price for the share capital of Ixonos Ulkoistuspalvelut Oy 
amounted to approximately EUR 9 million, EUR 3.8 million of which was paid in   
cash at the same time with the signing of the contract. To pay the part of the  
base acquisition price payable as share consideration, the Board of Directors of
Ixonos Plc has decided on a share issue to the shareholders of Ixonos           
Ulkoistuspalvelut Oy, based on the authorization of the Annual General Meeting  
of 22 March 2007. Pursuant to the decision of the Board of Directors of Ixonos  
Plc in total 850.000 new Ixonos Plc shares were directed to the shareholders of 
Ixonos Ulkoistuspalvelut Oy for a share subscription price of EUR 6.11 per share
and under the conditions of Appendix 1. The share subscription price is based on
the terms of the share acquisition contract and corresponds to the trade volume 
weighted average quotation of the Ixonos Plc share on the Helsinki Stock        
Exchange during 22 Aug 2007 - 30 Aug 2007. All the shares were subscribed       
immediately. In addition, the sellers can be paid an additional acquisition     
price based on Ixonos Ulkoistuspalvelut Oy's net profit for fiscal year 2008.   

The new shares shall be applied for public trading on the Helsinki Stock        
Exchange in the same share class as the company's shares presently traded. This 
is estimated to take place by 4 December 2007.                                  
                                                                                
Of the shares directed to sellers, 50 percent will be subject to a transfer     
restriction for a 12 month period from the effective date of the acquisition.   
                                                                                

Ixonos operates in the ICT service markets, offering its customers flexible     
software development, maintenance and project management solutions that support 
their competitiveness and risk management. Ixonos's clientele comprises leading 
mobile and smartphone manufacturers operating on the global markets, mobile     
network suppliers and telecom operators as well as Finnish finance companies and
public administration organisations. The number of personnel exceeds 800.       
                                                                                
In Helsinki on 21 November 2007                                                 
                                                                                
IXONOS PLC                                                                      
Kari Happonen                                                                   
President and CEO                                                               

ADDITIONAL INFORMATION:                                                         
Ixonos Plc                                                                      
Kari Happonen                                                                   
Tel. +358 424 2231, mobile +358 400 700 761, kari.happonen@ixonos.com           

DISTRIBUTION:                                                                   
OMX Nordic Exchange Helsinki                                                    
Main media                                                                      


Appendix 1                                                                      

T E R M S  O F  S H A R E   I S S U E                                           

Based on the authorization granted by the general meeting held on 22 March 2007 
the Board of Directors of Ixonos Plc (the “Company”) has on 16 November 2007    
decided upon a directed share issue with the following terms:                   
                                                                                
NEW SHARES                                                                      
The Company offers a total number of 850.000 new shares for subscription. The   
new shares to be issued correspond to approximately 9.5 percent of the Company's
shares and the votes after the registration of the new shares.                  

SUBSCRIPTION RIGHT                                                              
The new shares will be offered deviating from the shareholders' pre-emptive     
subscription right to the shareholders of Ixonos Ulkoistuspalvelut Oy (former   
Cidercone Life-Cycle Solutions Oy) in accordance with the terms of the share    
acquisition contract concluded between the Company an the before mentioned      
shareholders. The shares are offered in deviation of the shareholders           
pre-emptive subscription right in order to pay the purchase price for the shares
in Ixonos Ulkoistuspalvelut Oy and to thus finance the acquisition of the shares
in Ixonos Ulkoistuspalvelut Oy, to improve the capability and capacity of the   
Company to deliver software and information system projects and maintenance and 
to complement the Company's service offering with hosting services. The Board of
Directors thus considers that there are weighty financial grounds for the       
deviation from the shareholders' pre-emptive subscription right.                
                                                                                
SUBSCRIPTION PERIOD                                                             
The share subscription period starts on 16 November 2007 and ends on 23 November
2007 or earlier when all shares have been subscribed.                           
                                                                                
SUBSCRIPTION PRICE AND CONTRIBUTION IN KIND                                     
The share subscription price of the issue is EUR 6.11 which price corresponds to
the trade volume weighted average quotation of the Company's share on the       
Helsinki Stock Exchange during 22 Aug 2007 - 30 Aug 2007. The total subscription
price of the shares is thus EUR 5,193,500. Of the subscription price, EUR 0.04  
per share will be added to the share capital and the rest will be entered into  
the fund of invested non-restricted equity.                                     
                                                                                
SUBSCRIPTION OF SHARES, APPROVAL OF SUBSCRIPTIONS AND CANCELLATION OF THE SHARE 
ISSUE                                                                           
The subscription of shares is registered on a separate subscription list. The   
subscription is binding. A partial subscription is not possible and all shares  
shall thus have to be subscribed in whole.                                      
                                                                                
The Company's Board of Directors decides upon the approval or rejection of the  
subscriptions after the end of the subscription period. The Board of Directors  
has the right to decide on cancelling the share issue, completely or partly.    

PAYMENT OF THE SUBSCRIPTION PRICE                                               
The shares shall be paid at the subscription. The subscription right holder has 
the obligation to pay the new shares he has subscribed by setting off in whole  
the base acquisition price as defined in the share acquisition contract and that
remains after the cash consideration. The set off shall be considered to have   
taken place when the Board of Directors has approved the subscriptions.         
                                                                                
REGISTERING THE SHARES AND APPLYING FOR THE SHARES TO BE SUBJECT TO TRADE AT    
HELSINKI STOCK EXCHANGE                                                         
Subscribed and fully paid shares are registered in the subscriber's book-entry  
account once the new shares have been registered with the Trade Register.       
                                                                                
The new shares shall be applied for public trading in the Helsinki Stock        
Exchange. This is estimated to take place by 4 December 2007.                   
                                                                                
SHAREHOLDERS' RIGHTS                                                            
The shares entitle their holder to dividend and other shareholders' rights from 
the registration of the new shares.                                             

OTHER MATTERS                                                                   
The Board of Directors decides upon other matters related to the share issue.