CapMan - Changes board/management/auditors

CapMan Plc's CEO to change

CapMan Plc Stock Exchange Release 27 March 2017 at 9.15 a.m. EEST

CapMan Plc's CEO to change

CapMan's CEO Heikki Westerlund has announced that he is resigning from his
position as CEO. He will continue in his position until CapMan's Board of
Directors has chosen a replacement.

"As a listed company, CapMan is in good shape, and we have reached many of our
strategic goals in the last year. During my term as CEO, beginning from August
2013, we have approximately tripled CapMan's market value, and the annual return
for shareholders has been well over 20 per cent. The acquisition of Norvestia,
which was a strategically important step, has been successfully concluded. Now
is a good time to move forward. Regarding future endeavours, my interests lie in
the core competences of a private equity investor, i.e. increasing shareholder
value in both listed and unlisted companies," Heikki Westerlund says.

Westerlund has pledged to remain as an advisor to Growth Equity, CapMan's
investment area focusing on minority investments.

"I would like to sincerely thank Heikki on behalf of the entire Board of
Directors for his uncompromising contribution to CapMan's success," says Andreas
Tallberg, Chairman of the Board of Directors. "We are now looking for a new CEO
for CapMan, with a competence profile that is well suited to CapMan's strategy
as a specialised asset management company."

Additional information:
Andreas Tallberg, Chairman of the Board of Directors, CapMan Plc, tel.
+358 40 700 2252
Heikki Westerlund, CEO, CapMan Plc, tel. +358 50 559 6580



CAPMAN PLC
BOARD OF DIRECTORS



DISTRIBUTION
Nasdaq Helsinki Ltd
Principal media
www.capman.com



CapMan Plc
www.capman.com

CapMan is a leading Nordic investment and specialised asset management company.
As one of the Nordic private equity pioneers we have actively developed hundreds
of companies and real estate and thereby created substantial value in these
businesses and assets over the last 25 years. CapMan has today 100 private
equity professionals and manages €2.8 billion in assets. We mainly manage the
assets of our customers, the investors, but also make direct investments from
our own balance sheet in areas without an active fund. Our objective is to
provide attractive returns and innovative solutions to investors and value
adding services to professional investment partnerships, growth-oriented
companies and tenants. Our current investment strategies cover Buyout, Growth
Equity, Real Estate, Russia, Credit, Infrastructure and Tactical Opportunities.
We also have a growing service business that currently includes fundraising
advisory, procurement activities and fund management.




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