Proha - Corporate Action

PROHA PLC BOARD OF DIRECTORS APPROVED THE SUBSCRIPTIONS OF OPTION ISSUE

In it's meeting on June 28, 2007, Proha Board of Directors approved             
subscriptions of the option issue that is part of Proha Group's incentive and   
commitment program and that was decided by the Annual General Meeting on April  
18, 2007. A total of 1,707,000 Proha Plc stock options has been subscribed,     
entitling to the subscription of 1,707,000 shares. The stock options were       
granted without compensation to Board of Directors and to the key personnel of  
the Group companies. The subscription of the option rights continues until April
17, 2008.                                                                       

The subscription price for the shares subscribed on the basis of the stock      
options is EUR 0.37 per share.                                                  

The Annual General Meeting of Proha held on April 18, 2007, decided to issue a  
total maximum of 2,110,000 stock options. The terms and conditions of the option
issue were published in the Stock Exchange Bulletin on March 28, 2007.          

Proha Plc                                                                       
Pekka Pere                                                                      
CEO                                                                             

More information                                                                

PROHA PLC                                                                       
CEO Pekka Pere, tel +358 (0)20 4362 000                                         
pekka.pere@proha.com                                                            
www.proha.com                                                                   

DISTRIBUTION: Helsinki Stock Exchange                                           
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