Ixonos - Company Announcement

PAYMENT OF FIRST ADDITIONAL ACQUISITION PRICE INSTALLMENT FOR THE SHARE CAPITAL

Ixonos Plc Stock Exchange Release 8 May 2007	                                   

PAYMENT OF FIRST ADDITIONAL ACQUISITION PRICE INSTALLMENT FOR THE SHARE CAPITAL 
OF SERVICE 4 MOBILE OY - A DIRECTED SHARE ISSUE                                 

By a contract signed on 19 June 2006 Ixonos Plc acquired the entire share       
capital of Service 4 Mobile Oy (now Ixonos Project Management Services Ltd), a  
company specializing in project management services.  In accordance with the    
terms of the share acquisition contract, the final acquisition price was tied to
the development of the turnover and result of Ixonos Project Management Services
Ltd during 2006 and 2007.                                                       

In accordance with the terms of the share acquisition contract, the first       
additional acquisition price based on the turnover and result of Ixonos Project 
Management Services Ltd in 2006 amounted to EUR 766,000.  It was decided that   
the additional acquisition price be paid partly in cash and partly with new     
Ixonos Plc shares.  To pay the share consideration, the Board of Directors of   
Ixonos Plc has decided on a share issue, based on the authorization of the      
Annual General Meeting of 22 March 2007, where 112,300 new Ixonos Plc shares are
directed at the former main owner and present Chief Executive Officer of Ixonos 
Project Management Services Ltd for a share subscription price of EUR 4.76 per  
share and under the conditions of Appendix 1. The share subscription price is   
based on the terms of the share acquisition contract and corresponds to the     
trade volume weighted average quotation of the Ixonos Plc share on the Helsinki 
Stock Exchange during 1 December 2006 - 28 February 2007.                       

The new shares shall be applied for public trading on the Helsinki Stock        
Exchange in the same share class as the company's shares presently traded. This 
is estimated to take place by 31 May 2007. Of the total number of shares paid as
an additional acquisition price, 28,075 shares will be subject to a transfer    
restriction ending on 1 January 2009.                                           

The second and third payment of the additional acquisition price for the share  
capital of Ixonos Project Management Services Ltd, which are tied to the        
development of the company's turnover and result in 2007, are due in spring     
2008.                                                                           

Ixonos operates in the IT and ICT service markets, offering its customers       
flexible software development, maintenance and project management solutions that
support their competitiveness and risk management. Ixonos´s clientele comprises 
leading mobile and smartphone manufacturers operating on the global markets,    
mobile network suppliers and telecom operators as well as finance companies and 
public administration organisations. The number of personnel exceeds 600.       

In Helsinki on 8 May 2007                                                       

IXONOS PLC                                                                      
Kari Happonen                                                                   
President and CEO                                                               

ADDITIONAL INFORMATION:                                                         
Ixonos Plc                                                                      
CFO Petteri Mussalo, phone +358 424 2231, mobile +358 400 193 779,              
petteri.mussalo@ixonos.com.                                                     

DISTRIBUTION:                                                                   
Helsinki Stock Exchange                                                         
Main media                                                                      


APPENDIX 1                                                                      

TERMS OF SHARE ISSUE                                                            

New shares                                                                      

The Company offers a total number of 112,300 new shares for subscription. The   
new shares to be issued correspond to approximately 1.5 % of the Company's      
registered shares and the votes conferred by them on the day the share issue was
decided upon.                                                                   

Subscription right                                                              

The new shares will be offered to Timo Kaisla for subscription. The             
shareholders' pre-emptive subscription right will be deviated from in order to  
increase Kaisla's commitment and incentive to boosting Ixonos Plc's shareholder 
value. The Board of Directors thus considers that there are weighty financial   
grounds for the deviation from the shareholders' pre-emptive subscription right.

Subscription period                                                             

The share subscription period starts on 7 May 2007 and ends on 14 May 2007.The  
Board of Directors has the right to discontinue the subscription period once all
shares have been subscribed.                                                    

Subscription price and entering the price                                       

The share subscription price of the issue is based on the terms of the share    
acquisition contract and is EUR 4.76. The subscription price corresponds to the 
trade volume weighted average quotation of the Company's share on the Helsinki  
Stock Exchange during 1 December 2006 - 28 February 2007. Of the subscription   
price, EUR 0.04 per share will be added to the share capital and the rest will  
be entered into the fund of invested non-restricted equity.                     

Payment of the subscription price                                               

The subscription right holder has the right and obligation to pay the new shares
he has subscribed by deducting from his receivables of the first additional     
acquisition payment a sum corresponding to the subscription price. The          
abovementioned first additional acquisition price and the amount is based on the
terms of the share acquisition contract between the Company and the holder of   
the subscription right, pertaining to the share capital of Service 4 Mobile Oy. 
In accordance with the above, the shares have to be paid before the end of the  
subscription period.                                                            


Subscription of shares, approval of subscriptions and cancellation of the share 
issue                                                                           

The subscription of shares is registered on a separate subscription list. The   
subscription is binding.                                                        

The Company's Board of Directors decides on the approval or rejection of the    
subscriptions.                                                                  

The Board of Directors has the right to decide on canceling the share issue,    
completely or partly.                                                           


Registering the shares and applying for the shares to be subject to trade at    
Helsinki Stock Exchange                                                         

Registered and fully paid shares are registered in the Company's share register 
once the increase of shareholders' equity and the new shares have been          
registered in the Trade Register. The new shares shall be applied for public    
trading in the same share class as the company's old shares. This is estimated  
to take place by 31 May 2007.                                                   

Shareholders' rights                                                            

The shares entitle their holder to dividend and other shareholders' rights from 
the registration of the new shares.                                             

Other matters                                                                   

The Board of Directors decides on other matters related to the share issue.