GeoSentric Oyj - Company Announcement

DISCLOSURE UNDER CHAPTER 2, SECTION 10 OF THE SECURITIES MARKET ACT

GeoSentric Oyj Stock Exchange Release July 8, 2010 at 8:45 


DISCLOSURE UNDER CHAPTER 2, SECTION 10 OF THE SECURITIES MARKET ACT             

GeoSentric Oyj has received a disclosure under chapter 2, section 9 of the      
Securities Market Act regarding a change in holdings.                           

Schroder Investment Management Limited (registered in the UK under the          
registration number 1893220, “Schroder”) holds as an asset manager for its      
clients altogether 109,294,444 GeoSentric Oyj's shares, which corresponds to    
12.17 % of the registered amount of shares and votes and accordingly exceeds the
threshold of 1/10. Of Schroder's individual clients ANSA Mc AL Limited          
(registered in Trinidad and Tobago under the registration number 1024426)       
together with the entities controlled by it (“ANSA Group”) hold together        
93,377,779 shares corresponding to 10.40 % of the current registered share      
amount and voting rights and thus exceeding the threshold of 1/10. ANSA Group's 
holdings are included in the share and vote amounts of Schroder stated above.   

The Annual General Meeting of GeoSentric Oyj has on June 30, 2010 resolved on   
certain changes to the terms of GeoSentric's Convertible Bond Loan 2008-B, to   
the terms of the preferred convertible notes issued by GeoSentric's Dutch       
subsidiary GeoSolutions Holdings N.V.in November 2009 which, according to terms 
of the loan may alternatively be converted into the shares of GeoSentric, and   
further to approve terms and conditions of further loan notes issued by         
GeoSolutions Holdings N.V., which loan notes may also alternatively be converted
into the shares of GeoSentric (together “Convertible Notes”). Schroder has      
subscribed for the Convertible Notes in October 2008, November 2009 and in June 
2010.                                                                           

Conversion of the Convertible Notes into GeoSentric shares could increase       
Schroder's clients' total holding to 1,152,384,066 shares, which corresponds to 
59.37 % of the shares and votes after the conversion and accordingly exceeds the
threshold of 1/2. As a result of conversions ANSA Group's holdings could        
increase to at maximum 296,225,235 shares, corresponding to 15.26 % of the      
outstanding shares and votes after the conversion, presuming that other issued  
option rights, special rights or convertible loan notes would not be used for   
share subscription, thus exceeding the threshold of 3/20.                       

Also the following Schroder's clients have subscribed for the Convertible Notes:
PNG Sustainable Development Fund Limited (Registered in Singapore with company  
register number 200106898W and in Papua New Guinea with company register number 
3-44724)(“PNG”), Mr. Terence George Bramall and Mrs. Elizabeth Bramall both of  
62 York Place, Harrogate, Yorkshire HG15RH, United Kingdom (“Bramall”), Tiberio 
Limited (registered in England with company register number 6428862) and Laytons
Trustees Company Limited (registered in England with company register number    
4103644) as trustees of the following trusts: The Daphne trust, The Daedalus    
Trust, The 4Questions Trust, The Apollo Trust, the alta Mane Foundation and     
Dulcima Foundation (“T&L”).                                                     

As a result of conversion of the Convertible Notes into GeoSentric shares PNG's 
holdings could increase to at maximum 141,037,751 shares, corresponding to 7.27 
% of the outstanding shares and votes after the conversion, presuming that other
issued option rights, special rights or convertible loan notes would not be used
for share subscription, thus exceeding the threshold of 1/20.                   

As a result of conversion of the Convertible Notes into GeoSentric shares       
Bramall's holdings could increase to at maximum 248,187,514 shares,             
corresponding to 12.79 % of the outstanding shares and votes after the          
conversion, presuming that other issued option rights, special rights or        
convertible loan notes would not be used for share subscription, thus exceeding 
the threshold of 1/10.                                                          

As a result of conversion of the Convertible Notes into GeoSentric shares T&L's 
holdings could increase to at maximum 341,945,338 shares, corresponding to 17.62
% of the outstanding shares and votes after the conversion, presuming that other
issued option rights, special rights or convertible loan notes would not be used
for share subscription, thus exceeding the threshold of 3/20.                   


As of the date of this release the registered shares amount of GeoSentric Oyj is
897,926,354 and share capital EUR 8,950,961.65.                                 


GeoSentric Oyj                                                                  

For more information, please contact: investors@gypsii.com                      

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NASDAQ OMX Helsinki                                                             
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