Panostaja Oyj - Company Announcement

PRELIMINARY OUTCOME OF PANOSTAJA'S TAKEOVER BID FOR SUOMEN HELASTO SHARES

PANOSTAJA OYJ 	Stock Exchange Bulletin	8th August 2007                          


PRELIMINARY OUTCOME OF PANOSTAJA'S TAKEOVER BID FOR SUOMEN HELASTO SHARES       

The period covering Panostaja Oyj's public takeover bid for shares issued by    
Suomen Helasto Oyj made on 3rd July 2007 came to an end on 6th August 2007 in   
accordance with the terms. The period will not be extended.                     

Preliminary calculations show that shareholders owning a total of 3,463,116     
Suomen Helasto shares and thus holding approximately 26.64% of shares issued by 
Suomen Helasto and votes carried by the shares have approved the bid. With the  
addition of these shares to the Suomen Helasto shares previously acquired by    
Panostaja, Panostaja now holds 95.41% of shares and votes in Suomen Helasto.    

The final outcome of the takeover bid is expected to be published on 8th August 
2007.                                                                           

The bid will be carried through and consideration will be provided for all      
Suomen Helasto shareholders who accepted the bid in accordance with the terms of
the bid. Transactions are expected to be completed by the end of 9th August 2007
and finally settled by the end of 14th August 2007.                             

For shareholders who chose to accept a cash consideration, their payment will be
paid into the shareholder's bank account as per their book-entry account or for 
shareholders whose share ownership is nominee-registered into the bank account  
indicated on the notice of bid acceptance on the settlement day. For those      
shareholders with a bank account at a different financial institution than their
book-entry account, the consideration will be transferred to their bank account 
in accordance with transaction schedules between financial institutions,        
approximately two banking days later.                                           

For shareholders who chose to accept a consideration in shares, the payment of  
the cash consideration equal to any remaining fractions of shares will be made  
in the same way as the payment for shareholders who chose to accept a full cash 
consideration. The shares transferred in consideration are expected to be       
registered by the investors' account operator on the sixth banking day following
the settlement day.                                                             
                                                                                
Ownership rights to Suomen Helasto shares will be transferred to Panostaja on   
payment of the bid price.                                                       

This stock exchange bulletin is a translation of the original Finnish stock     
exchange bulletin August 7, 2007.                                               


PANOSTAJA OYJ                                                                   
Board of Directors                                                              

FOR FURTHER INFORMATION, PLEASE CONTACT                                         

Mr. Olli Halmevuo, CEO, Panostaja Oyj, tel. +358-3-263 4333                     


THE TAKEOVER BID IS NOT OFFERED DIRECTLY OR INDIRECTLY IN ANY JURISDICTION WHERE
TO DO SO WOULD BE CONTRARY TO LAW AND THIS RELEASE MUST NOT BE DISSEMINATED OR  
COMMUNICATED IN ANY WAY, INCLUDING BUT NOT LIMITED TO MAIL, FAX, TELEX,         
TELEPHONE, E-MAIL OR INTERNET COMMUNICATIONS, TO OR FROM ANY JURISDICTIONS WHERE
IT WOULD BE ILLEGAL TO DO SO.