Panostaja Oyj - Total number of voting rights and capital

THE TRADING OF PANOSTAJA OYJ'S COMBINED SHARES BEGINS

Panostaja Oyj              Stock Exchange Bulletin 17th November 2008 at 13:25


THE TRADING OF PANOSTAJA OYJ'S COMBINED SHARES BEGINS

The trading of Panostaja Oyj's combined series of shares begins on Friday, 14
November 2008. The trading code of the share is PNA1V. Each share entitles to
one vote and the same shareholder rights. 

Panostaja Oyj's Extraordinary General Meeting accepted the combination of the
series of shares A and B into one series of shares. The combination of the
series of shares increases the possibilities of using Panostaja shares to pay
for acquisitions. The combination is also expected to make the company's shares
more appealing and exchangeable. 

In connection with the combination, Panostaja Oy organised a free share issue
to the shareholders of the A series. The free share issue was directed by
giving, free of charge, one (1) new Panostaja share for thirteen (13) shares of
the A series. After the combination of the series of shares and the private
offering, a shareholder of the A series will thus own, instead of the A shares,
fourteen (14) new Panostaja shares for thirteen (13) A shares. 


To the extent that a shareholder's amount of shares of the A series was not
divisible by 13 according to the book-entry account on the record date, Danske
Markets (a part of Danske Bank A/S's branch in Helsinki) will sell the shares
to be formed on the basis of the remainders. The sale will be made on behalf of
the shareholders whose shares of the A series were not divisible by thirteen
(13) and account will be rendered for the selling price received in proportion
to the remainders in question and the financial accounts attached to their
book-entry accounts. On Friday, 14 November 2008, the shares will be the object
of public trading in the Helsinki Stock Exchange and the price will be
determined on the basis of the current trading rate. The money is expected to
be on the financial accounts attached to the shareholders' book-entry accounts
no later than 20 November 2008. 






PANOSTAJA OYJ


Juha Sarsama
Managing Director

Additional information:
Juha Sarsama, Managing Director, tel. 040 774 2099