Trainer's House Oyj - Corporate Action

TRAINERS' HOUSE'S HYBRID BOND HAS BEEN FULLY SUBSCRIBED; TRAINERS' HOUSE ISSUES EUR 5 MILLION HYBRID BOND

TRAINERS' HOUSE PLC      STOCK EXCHANGE RELEASE      15 JANUARY 2010 AT 15:30

Trainers' House Plc announced on 12 January 2010 that it is considering the
issuance of a hybrid capital bond. The sales process of the hybrid bond has now
been completed and Trainers' House Plc has today, 15 January 2010, resolved to
issue a EUR 5 million domestic hybrid bond. 

EUR 1 million of the bond was subscribed by domestic investors and EUR 4
million by major shareholders of Trainers' House Plc based on their
underwriting commitments. The coupon rate of the bond is 10.00% per annum. The
bond has no maturity but the company may call the bond after three years. 

The hybrid bond will strengthen Trainers' House's capital structure and enhance
its financial position. The arrangement will also enhance the ratio of net debt
to EBITDA. 
A hybrid bond is an instrument which is subordinated to the company's other
debt obligations and which is treated as equity in the IFRS financial
statements. Hybrid bonds do not confer to their holders the right to vote at
shareholder meetings and do not dilute the holdings of the current
shareholders. 

The lead manager of the bond issue was Evli Bank Plc.

TRAINERS' HOUSE PLC 
Board of Directors 


FURTHER INFORMATION 
Aarne Aktan, Chairman of the Board, tel +358 40 774 0204 

DISTRIBUTION: 
OMX Nordic Exchange Helsinki 
Prominent media sources 
www.trainershouse.fi - Investors