CapMan - Major shareholder announcements

Notification according to chapter 2, section 9 of the Securities Markets Act

CapMan Plc Stock Exchange Release 22 December 2011 at 12.45 p.m. EET

Notification according to chapter 2, section 9 of the Securities Markets Act

CapMan Plc has today received notifications of change in voting rights in
accordance with chapter 2, section 9 of the Securities Markets Act.

Ari Tolppanen and Oy Aristo-Invest Ab's combined share of voting rights in
CapMan Plc has fallen below one fifth (20%).

1. Name of the issuer of shares: CapMan Plc

2. Reason for the flagging notification: Conversion of 250 000 A series shares
into B series shares executed on 22 December 2011

3. Name and business ID of the shareholder subject to the notification: Oy
Aristo-Invest Ab (Business ID 0594374-5) and Ari Tolppanen (controlling
shareholder)

4. Share of the total number of shares and voting rights in the issuer:

Ownership and voting rights before the conversion

                                                     share of all       share of
Shareholder           A shares  B shares  In total         shares  voting rights


Ari Tolppanen and Oy
Aristo-Invest Ab in
total                2,411,046 4,582,498 6,993,544          8.30%         20.75%



Ownership and voting rights after the conversion

                                                     share of all       share of
Shareholder           A shares  B shares  In total         shares  voting rights


Ari Tolppanen and Oy
Aristo-Invest Ab in
total                2,161,046 4,832,498 6,993,544          8.30%         19.44%




CapMan Plc's share capital EUR 771,586.98 consists of 84,281,766 shares
(5,750,000 A shares and 78,531,766 B shares) and 136,031,766 voting rights. A
shares have 10 votes each and B shares one vote each.


For further information, please contact:
Heikki Westerlund, Senior Partner, Chairman of CapMan Plc Board, tel.
+358 50 559 6580


CAPMAN PLC

Mari Reponen
Director, Communications and IR


DISTRIBUTION
NASDAQ OMX Helsinki
Principal media
www.capman.com


CapMan www.capman.com
CapMan is one of the leading private equity firms in the Nordic countries and
Russia, with assets under management of €3.3 billion. CapMan has four key
investment partnerships - CapMan Buyout, CapMan Russia, CapMan Public Market,
and CapMan Real Estate - each of which has its own dedicated investment team and
funds. Altogether, CapMan employs 130 people in Helsinki, Stockholm, Oslo,
Moscow, Copenhagen and Luxembourg. CapMan was established in 1989 and has been
listed on the Helsinki Stock Exchange since 2001.


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