Tieto Oyj - Company Announcement

Tieto signs a new EUR 100 million Revolving Credit Facility

TIETO CORPORATION   Stock Exchange Release 20 May 2011 at 2.00 pm EET

Tieto has today signed a new EUR 100 million five-year Revolving Credit
Facility. This facility refinances Tieto's prior EUR 250 million Revolving
Credit Facility, which was due to mature in November 2011, and will be used for
back-up and general corporate purposes. 

Banks acting as Mandated Lead Arrangers and Bookrunners are Nordea, ING Bank
N.V., Dublin Branch, Skandinaviska Enskilda Banken AB (publ), Pohjola Bank plc
and Swedbank AB (publ). 



For further information, please contact:

Janne Salminen, Group Treasurer, tel. +358 2072 70707, +358 50 359 8521,
janne.salminen@tieto.com 



TIETO CORPORATION

DISTRIBUTION
NASDAQ OMX Helsinki
NASDAQ OMX Stockholm
Principal Media



Tieto is the leading IT service company in Northern Europe providing IT and
product engineering services. Our highly specialized IT solutions and services
complemented by a strong technology platform create tangible business benefits
for our local and global customers. As a trusted transformation partner, we are
close to our customers and understand their unique needs. With about 18 000
experts, we aim to become a leading service integrator creating the best
service experience in IT. www.tieto.com