Panostaja Oyj - Prospectus/Announcement of Prospectus

PANOSTAJA'S LISTING PROSPECTUS FOR CONVERTIBLE CAPITAL LOAN 2011 APPROVED BY THE FINNISH FINANCIAL SUPERVISORY AUTHORITY

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN WHOLE
OR IN PART, IN OR INTO AUSTRALIA, CANADA, JAPAN, SOUTH AFRICA OR THE UNITED
STATES. 

Panostaja Oyj                                      STOCK EXCHANGE RELEASE
18.2.2011 3:45 PM 

PANOSTAJA'S LISTING PROSPECTUS FOR CONVERTIBLE CAPITAL LOAN 2011 APPROVED BY
THE FINNISH FINANCIAL SUPERVISORY AUTHORITY 

The Finnish Financial Supervisory Authority has today on 18 February 2011
approved Panostaja Oyj's (the Company) prospectus regarding admission of note
units of convertible capital loan for public trading. The prospectus consists
of a registration document dated 18 February 2011 (the Registration Document)
and a securities note and summary dated 18 February 2011 (the Securities Note),
together the Prospectus. 

The Prospectus is available as of 21 February 2011 during its validity at the
Company's website at www.panostaja.fi, and in printed from the Company at
Postitorvenkatu 16, 33840 Tampere. 

The Registration Document contains information on the Company, its business
operations and its financial condition and is valid for a period of up to 12
months following its publication. The Securities Note contains information on
the note units to be admitted to public trading that were issued in deviation
from the shareholders' pre-emptive subscription rights in accordance with
subscriptions approved by the Company's Board of Directors on 31 January 2011.
Public trading in the subscribed 300 note units is expected to commence on the
official list of NASDAQ OMX Helsinki Ltd on 21 February 2011. 

Panostaja Oyj

Board of Directors

Additional information: CEO Juha Sarsama + 358 40 774 2099

The information contained herein is not for release, publication or
distribution, directly or indirectly, in or into Australia, Canada, Japan,
South Africa or the United States. The information contained herein does not
constitute an offer of securities for sale in the United States, nor may the
securities be offered or sold in the United States absent registration or an
exemption from registration as provided in the U.S. Securities Act of 1933, as
amended, and the rules and regulations thereunder. There is no intention to
register any portion of the offering in the United States or to conduct a
public offering of any securities in the United States. 

The information contained herein shall not constitute an offer to sell or the
solicitation of an offer to buy, nor shall there be any sale of the securities
referred to herein in any jurisdiction in which such offer, solicitation or
sale would be unlawful prior to registration, exemption from registration or
qualification under the securities laws of any such jurisdiction. 

Copies of this announcement are not being made and may not be distributed or
sent into Australia, Canada, Japan, South Africa or the United States.