Suomen Terveystalo Oyj - Tender offer

REDEMPTION RIGHT AND CLAIM UNDER CHAPTER 18, SECTION 1 OF THE COMPANIES ACT REGARDING SHARES IN TERVEYSTALO HEALTHCARE OYJ

TERVEYSTALO HEALTHCARE OYJ		STOCK EXCHANGE RELEASE
February 26, 2009 at 9.00 am 

REDEMPTION RIGHT AND CLAIM UNDER CHAPTER 18, SECTION 1 OF THE COMPANIES ACT
REGARDING SHARES IN TERVEYSTALO HEALTHCARE OYJ 

Terveystalo Healthcare Oyj (“Terveystalo”) has today been notified by Star
Healthcare Oy (“Star Healthcare”) of its redemption right and claim under the
Finnish Companies Act. Star Healthcare holds approximately 95.7 per cent of all
the shares and votes in Terveystalo, excluding the treasury shares held by
Terveystalo. Terveystalo has thus become a subsidiary of Star Healthcare. 

Star Healthcare has pursuant to its ownership exceeding nine tenths (9/10)
gained a right to redeem all shares held by any other remaining shareholders in
Terveystalo (the “Shares” and each of them separately, a “Share”) at fair value
in accordance with Chapter 18, Section 1 of the Companies Act. Star Healthcare
has today 26 February 2009 notified Terveystalo of its decision to exercise its
redemption right and presented its redemption claim for the remaining shares in
Terveystalo in accordance with the Companies Act. The content of Star
Healthcare's redemption claim is substantially as follows: 

1. Redemption Price for the Shares

The redemption price for the Shares (“Redemption Price”) is EUR 2.00 per Share
which is the same price as the consideration paid by Star Healthcare in the
voluntary public tender offer for all the issued and outstanding shares not
owned by Terveystalo and option rights in Terveystalo announced on 19 January
2009 (“Tender Offer”). By virtue of the Tender Offer, Star Healthcare has
gained ownership to 95.7 per cent of all the shares that were covered by the
Tender Offer, and thus increased its holding over the nine tenths (9/10)
threshold of all the shares and votes in Terveystalo. Accordingly, the
Redemption Price of EUR 2.00 per Share shall be considered as the fair value of
the Shares in accordance with the Companies Act. 

2. Transfer Tax and Payments

Possible transfer tax collected in Finland deriving from the redemption of the
Shares as well as the payments and charges arising from the book-entry
registrations carried out as a consequence of the redemption will be borne by
Star Healthcare. 

More detailed background on Star Healthcare's redemption notification and claim
and the consideration offered in the Tender Offer may be found in the Tender
Offer Document dated 23 January 2009, which is available both in Finnish and in
English at the office of Skandinaviska Enskilda Banken AB (publ) Helsinki
Branch at Unioninkatu 30, FI-00100 Helsinki, Finland and on the internet at
www.terveystalo.com. 

Star Healthcare has informed Terveystalo that in order to implement the
redemption of the Shares as referred to in the redemption notification and
claim, Star Healthcare will initiate arbitration proceedings as provided in the
Companies Act. 

TERVEYSTALO HEALTHCARE OYJ
Board of Directors

FURTHER INFORMATION:
Terveystalo Healthcare Oyj, Managing Director Martti Kiuru, tel. +358 30 633
1629, martti.kiuru@terveystalo.com 


TERVEYSTALO:
Terveystalo is Finland's leading healthcare service company, offering versatile
healthcare, occupational healthcare, diagnostics and hospital services. The
company has more than 100 units around the country. Terveystalo, which was
founded in 2001, has grown strongly. 
www.terveystalo.com

DISTRIBUTION:

NASDAQ OMX Helsinki Ltd.
Principal media
www.terveystalo.com