Technopolis - Company Announcement

Technopolis’ Board of Directors Approves New Strategic Targets

TECHNOPOLIS PLC          STOCK EXCHANGE RELEASE            August 20, 2015 at
9.00 a.m. 

Technopolis' Board of Directors Approves New Strategic Targets

The Technopolis Board of Directors has updated the company's strategic targets
for the period from 2015-2020. While the overall strategy remains unchanged,
the company will prioritize growth in Scandinavia. In addition, the Board has
set a lower average growth target for the period in order to take into account
current transaction market conditions and possible future changes in the
company's real estate portfolio. A service penetration target has also been
added, which reflects the Board's belief that there is significant growth
potential in this sector. 

The targets for the 2015-2020 strategy period are as follows:
- average net sales and EBITDA growth of 10% per annum (previously 15%)
- service penetration 15% by 2020 for like-for-like real estate (2014
penetration: 10.5%) 
- 5.5% return on capital employed per annum excluding fair value changes
(previously 6.0%) 
- equity ratio above 35% over the cycle (unchanged)

Technopolis will continue to explore expansion opportunities throughout the
Nordic-Baltic region, including Poland and Northern Germany. It will also
continue to divest non-core properties and campuses in the domestic market. 

Technopolis Plc
Board of Directors

For further information:
Keith Silverang
CEO
tel. +358 40 566 7785


Technopolis provides the best addresses for companies to operate and succeed in
five countries in the Nordic-Baltic region. The company develops, owns and
operates a chain of 20 smart business parks that combine services with flexible
and modern office space. The company's core value is to continuously exceed
customer expectations by providing outstanding solutions to 1,700 companies and
their 47,000 employees in Finland, Norway, Estonia, Russia and Lithuania. The
Technopolis Plc share (TPS1V) is listed on NASDAQ OMX Helsinki.