2007-07-20 07:29:49 CEST

2007-07-20 07:29:49 CEST


REGULATED INFORMATION

English
TietoEnator Oyj - Changes in company's own shares

TietoEnator starts a share repurchase programme


TietoEnator Corporation Stock Exchange Release 20 July 2007, 08.05 am
EET

TietoEnator's Board of Directors decided to start a new share
repurchase programme based on the authorization given by the AGM on
22 March 2007. The maximum amount to be used under this new programme
is EUR 80 million to purchase a maximum of 3.50 million shares.

Under the authorization the shares will be purchased to develop the
company's long-term capital structure and thus the Board of Directors
plans to cancel the repurchased shares. TietoEnator's operating cash
flow is expected to be strong and the company considers that its
remaining liquid assets and credit arrangements provide sufficient
means to finance all investment needs in the near future.

The shares will be purchased through public trading on the Helsinki
Stock Exchange at the market price at the time of trading. The daily
purchase amounts will not exceed 25% of the average daily trading
volume in June. The repurchases will start on 1 August 2007 at the
earliest, end on 30 December 2007 at the latest, and no shares will
be purchased in October until TietoEnator's third-quarter interim
report is published.


For further information, please contact:
Timo Salmela, CFO, TietoEnator, tel. +358 9 8626 2213, +358 400 434
974, timo.salmela@tietoenator.com
Päivi Lindqvist, SVP, Communications and Investor Relations,
TietoEnator, tel. +358 9 8626 3276, +358 40 708 5351,
paivi.lindqvist@tietoenator.com


TIETOENATOR CORPORATION


DISTRIBUTION
Helsinki Stock Exchange
StockholmsbörsenPrincipal Media


TietoEnator is among the leading architects in building a more
efficient information society and one of the largest IT services
providers in Europe. TietoEnator specializes in consulting,
developing and hosting its customers' business operations in the
digital economy. The Group's services are based on a combination of
deep industry-specific expertise and the latest information
technology. TietoEnator has about 16 000 experts in close to 30
countries.

www.tietoenator.com