Digia Oyj - Company Announcement

DIGIA INCREASES THE PROVISION FOR CREDIT LOSS DUE TO BANKRUPTCY OF UIQ TECHNOLOGY AB

Digia Plc	Stock Exchange Release 5 January 2009 at 4:10 pm 


DIGIA INCREASES THE PROVISION FOR CREDIT LOSS DUE TO BANKRUPTCY OF UIQ
TECHNOLOGY AB 

Digia's smartphone business customer in Sweden, UIQ Technology AB, has filed
for bankruptcy on December 29, 2008. Digia has sales receivables from UIQ about
EUR 1.8 million, the payment of which has become uncertain due to UIQ's
bankruptcy. Digia has had previously a provision for UIQ's sales receivables
but due to bankruptcy the provision is increased with EUR 1.0 million and the
provision now covers the total sales receivables from UIQ. The provision for
credit loss is booked in Digia's fourth quarter financial statements. The
collection of receivables will be continued actively. 

Despite the provision for credit loss Digia is expected to achieve its full
year target in 2008 both in terms of revenues and profitability. The company
estimates the revenues to exceed EUR 120 million and the profitability (EBIT-%)
to be around 10 per cent. 

Digia will publish its financial statements of February 3, 2009. 


Digia Plc

Board of directors



FOR FURTHER INFORMATION, PLEASE CONTACT

President and CEO Juha Varelius,
gsm +358 400 855849, email: juha.varelius@digia.com



Distribution:
NASDAQ OMX Helsinki
Key media