Panostaja Oyj - Company Announcement

PANOSTAJA DIVESTS THE SUPPORTS SEGMENT AND SELLS TOIMEX OY TO AN INVESTOR GROUP FROM TAMPERE AND EXISTING MANAGERS

Panostaja Oyj        Stock Exchange Bulletin, December 3, 2013, 11:00



Panostaja Oyj has today together with the other owners of Toimex Oy signed a
deed by which Toimex Oy's share capital is sold to an investor group from
Tampere and existing managers. 

In the transaction, about 80% of the shares of Kannake Oy will be transferred
to the buyers. The ownership of existing managers prior to the transaction,
about 20%, remains in the company. Kannake Oy is a subsidiary of which
Panostaja owns 70.42%. Kannake Oy has a 100% holding in Toimex Oy, which
manufactures and sells HPAC pipe supports. In conjunction with the transaction,
Panostaja divests its entire shareholding. 

Panostaja does not record any significant sales profit from the transaction.
The divestment of the Supports segment is in keeping with Panostaja's strategy
and supports its active portfolio development target. 

The divestment has no impact on the result management given on October 17, 2013.



Panostaja Oyj

Juha Sarsama

CEO



Further information:

CEO Juha Sarsama, Panostaja Oyj, +358 (0)40 774 2099



Panostaja is an investment company developing Finnish SMEs in the role of an
active majority shareholder. The company aims to be the most sought-after
partner for business owners selling their companies as well as for the best
managers and investors. Together with its partners, Panostaja increases the
Group's shareholder value and creates Finnish success stories. 

After this transaction, Panostaja Oyj operates in eight business areas, and
Panostaja Group employs some 1,300 staff. Without adjustment for the sales of
Matti-Ovi and Suomen Kiinnikekeskus Oy, Panostaja Group's net sales in the 2012
financial period were MEUR 156.8. Panostaja's shares (PNA1V) are quoted on the
NASDAQ OMX Helsinki Stock Exchange. 

www.panostaja.fi

Since 1974, Toimex Oy specialises in the manufacture and sales of HPAC pipe
supports. The company's product portfolio covers the needs of housing
construction, construction projects for the public sector, and industrial
construction as well as various applications, materials and types of finishing.
The company's main customers include wholesale dealers in the HPAC and
technical field. The company employs 16 people and has branches in Tampere and
Helsinki. The net sales of Toimex Oy during the financial year ending October
31, 2012 totaled MEUR 4.0, and the company's EBIT stood at MEUR 0.3.