2007-11-23 14:00:04 CET

2007-11-23 14:00:04 CET


REGULATED INFORMATION

Finnish
Evia Oyj - Pörssitiedote

Evia Plc's subsidiary Frame Graphics Oy to sell its business operations


Evia Plc 	Stock exchange release, draft 5.0 	23 November 2007 at 14 pm          

Evia Plc's subsidiary Frame Graphics Oy to sell its business operations         

Frame Graphics Oy, a wholly owned subsidiary of Evia Plc, has signed an         
agreement, according to which its business operations are sold to a new company,
which has been established for the transaction. As part of the transaction the  
company name Frame Graphics Oy will be transferred to the buyer company. The    
purchase price is EUR 350,000. In addition the buyer company will direct a      
payment-free issue of shares to the seller, whose ownership share of the new    
Frame Graphics Oy will be 30%.                                                  

The realization of the transaction is subject to the successful outcome of the  
financing plan. Of the purchase price EUR 250,000 has been agreed to be paid in 
connection with the signing of the sales contract. The goal is to finalize the  
sale during the remainder of 2007.                                              

Frame Graphics Oy offers digital, high-quality graphics services, special       
effects for moving images as well as voice and editing services. The company's  
turnover in 2006 was EUR 1 million, with gross margin of EUR 0.8 million and    
operating loss of EUR 0.2 million. The company employs eight people, who will   
transfer into the service of the new company as old employees.                  

- The decision to sell the business operations of Frame Graphics Oy is in line  
with the Group strategy and structure approved in September. We'll continue as a
marketing and communication-focused Group, in which the competencies and        
business areas of units complement each other and add to the efficiency of      
customers' marketing and communication activities, says Evia Plc's Managing     
Director Jari Torvelainen.                                                      

After the finalization of the sale Evia Plc will own 30% of the new Frame       
Graphics Oy. The remaining share is divided between Mr. Raimo Halmela, one of   
the original founders and current employee of Frame Graphics, and Mr. Perttu    
Hillman, CEO of media-industry player North-East Oy Ltd. Sari Knuutinen will    
continue as Managing Director of the new Frame Graphics Oy.                     

If the sale of business operations can be finalized by the end of 2007, Evia Plc
will enter the proceeds of the sale into the final quarter accounts of the year 
as other operating income. Evia's forecast for 2007 remains as earlier.         

Evia Plc's turnover in 2006 was EUR 10,7 million with gross margin of EUR 7,5   
million and operational loss of EUR 1 million.                                  
EVIA PLC                                                                        
Additional information:                                                         
CEO Jari Torvelainen                                                            
tel +358 40 555 5553, +358 9                                                    
12551                                                                           
jari.torvelainen@evia.fi                                                        
Distribution:                                                                   
OMX Nordic Exchange                                                             
Key media                                                                       
www.evia.fi