Tieto Oyj - Company Announcement

Tieto closes the divestment of its local German and Dutch businesses as planned

Tieto Corporation STOCK EXCHANGE RELEASE 1 July 2013, 9.30 am EET

In February 2013, Tieto agreed to sell the majority of its operations in
Germany and Netherlands. The transaction has now been closed and the divested
business operations, including around 900 employees in total, were transferred
to the new owner on 30 June. 

Referring to the information disclosed in the stock exchange release published
on 4 February, Tieto will book by estimation EUR 8 million in one-off costs
related to the divestment in the second-quarter results. 

For further information, please contact:

Lasse Heinonen, CFO, tel. +358 50 393 4950, lasse.heinonen(at)tieto.com

TIETO CORPORATION



DISTRIBUTION

NASDAQ OMX Helsinki

NASDAQ OMX Stockholm

Principal Media



Tieto is the largest Nordic IT services company providing full life-cycle
services for both the private and public sectors and product development
services in the field of communications and embedded technologies. The company
has global presence through its product development business and global
delivery centres. Tieto is committed to developing enterprises and society
through IT by realizing new opportunities in customers' business
transformation. At Tieto, we believe in professional development and results. 

Founded 1968, headquartered in Helsinki, Finland and with approximately 17 000
experts, the company operates in over 20 countries with net sales of
approximately EUR 1.8 billion. Tieto's shares are listed on NASDAQ OMX in
Helsinki and Stockholm. Please visit www.tieto.com for more information.