Technopolis - Company Announcement

TECHNOPOLIS PLC CONTEMPLATES SHARE ISSUE DIRECTED TO INSTITUTIONAL INVESTORS; RECEIPT OF SUBSCRIPTION UNDERTAKING WILL COMMENCE ON 7 NOVEMBER 2007

The Board of Directors of Technopolis Plc (Company) has decided to receive
subscription undertakings related to the share issue contemplated by the
Company. In the share issue, the Company's shares will be offered to a limited
number of Finnish and international institutional investors. The maximum number
of new shares to be offered for subscription is 1,880,000 shares. 

Background to share issue

The purpose of the share issue is to finance the investments in accordance with
the Company's investment plan, secure the Company's growth, maintain the
Company's liquidity and extend the Company's shareholder base. 

The share issue is intended to be implemented on the basis of an authorisation
for a share issue granted to the Company's Board of Directors on 29 March 2007
by the Annual General Meeting of Shareholders of the Company. 

Implementation of share issue

The share issue will be implemented through a book-building process where
subscription undertakings for the new shares may be made by selected
institutional investors. The book-building will commence on 7 November 2007 at
10 a.m. (Finnish time) and end no later than 9 November 2007 at 4 p.m. (Finnish
time), after which the Board of Directors of the Company will make the final
decision on the implementation of the share issue. In the event of
oversubscription, the share issue may be discontinued not earlier than today at
6 p.m. (Finnish time). 

Trading in the new shares together with the other shares in the Company will
commence on the Official List of OMX Nordic Exchange in Helsinki on or about 15
November 2007 at the latest. 

The new shares will correspond to approximately 4.5 per cent of all the shares
in the Company and the votes attached to such shares before the implementation
of the share issue, provided that the share issue is subscribed in full. 

The sole manager of the share issue is Evli Bank Plc, Corporate Finance.

Oulu, November 7, 2007

TECHNOPOLIS PLC
Board of Directors


For further information, please contact
Pertti Huuskonen, President and CEO, tel. +358 400 680 816 or +358 8 551 3213

Distribution:
OMX Nordic Exchange Helsinki
Main news media
www.technopolis.fi

THESE MATERIALS ARE NOT AN OFFER FOR SALE OF THE SHARES IN THE UNITED STATES OR
IN ANY OTHER JURISDICTION. THE SHARES MAY NOT BE SOLD IN THE UNITED STATES
WITHOUT REGISTRATION OR AN EXEMPTION FROM REGISTRATION UNDER THE U.S.
SECURITIES ACT OF 1933, AS AMENDED. TECHNOPOLIS PLC DOES NOT INTEND TO REGISTER
ANY PORTION OF SUCH OFFERING IN THE UNITED STATES OR TO CONDUCT A PUBLIC
OFFERING OF SHARES IN THE UNITED STATES.