2007-11-02 07:59:56 CET

2007-11-02 07:59:56 CET


REGULATED INFORMATION

Finnish English
Evia Oyj - Company Announcement

EVIA PLC DECIDED ON THE ISSUE OF STOCK OPTIONS


The Board of Directors of Evia Plc has in its meeting on November 2, 2007
resolved, by authorization of the Annual General Meeting of Shareholders on 23
March 2007, that stock options be issued to the key personnel of Evia Plc and
its subsidiaries. 

The Company has a weighty financial reason for the issue of stock options,
since the stock options are intended to form part of the incentive and
commitment program for the key personnel. The purpose of the stock options is
to encourage the key personnel to work on a long-term basis to increase
shareholder value. The purpose of the stock options is also to commit the key
personnel to the employer. 

The maximum total number of stock options issued is 100,000. The stock options
entitle their owners to subscribe for a maximum total of 100,000 new shares in
the Company.  The stock options now issued can be exchanged for shares
constituting a maximum total of 2.8% of the Company's shares and votes of the
shares, after the potential share subscription. 

The share subscription price for stock option 2007 is EUR 0.01. The
prerequisite for the distribution of the stock options to the key personnel is
that certain performance criteria, predetermined by the Board of Directors and
based on the financial targets of the Group, have been attained. If the
performance criteria established for the distribution of stock options are not
attained, the stock options will expire. 

The share subscription period for stock options 2007 will be 2 January, 2011—31
December 2012. 

The Board of Directors is preparing to continue the long-term incentive and
commitment program for the Group key personnel in spring 2008. 
 
EVIA PLC

Additional information:
CEO Jari Torvelainen
tel +35840 555 5553, (09) 12551
jari.torvelainen@evia.fi

Distribution:
OMX Nordic Exchange
Key media
www.evia.fi