2008-12-18 16:30:00 CET

2008-12-18 16:30:01 CET


REGULATED INFORMATION

Finnish English
Trainer's House Oyj - Company Announcement

A new exemption to Mr. Sarasvuo and Isildur Oy regarding a mandatory redemption offer


TRAINERS' HOUSE PLC	STOCK EXCHANGE RELEASE	18 DECEMBER 2008 AT 17:30            

The Finnish Financial Supervision Authority has at December 18, 2008 granted a  
new exemption until June 30, 2009 to Mr. Sarasvuo and Isildur Oy regarding the  
obligation to present a mandatory redemption offer concerning the shares of     
Trainers' House Plc.                                                            

The combined shareholding of Mr. Sarasvuo and Isildur Oy exceeded 30 percent as 
the shares, issued in conjunction with the merger of Trainers' House Plc (at the
time Satama Interactive Plc) and Trainers' House Oy were registered to the Trade
Register at December 31,2007. Trainers' House Plc published at August 29, 2007  
an exemption to Mr. Sarasvuo and Isildur Oy granted by the Finnish Financial    
Supervision Authority regarding the obligation to present a mandatory redemption
offer concerning the company. The terms and conditions of the exemption required
that the combined shareholding of Mr. Sarasvuo and Isildur Oy will decline to   
30% or under within one (1) year from the date that the new shares were         
registered to the Trade Register.                                               

The terms and conditions of the new exemption require that the combined         
shareholding of Mr. Sarasvuo and Isildur Oy will decline to 30% or under by June
30, 2009. Furthermore the terms and conditions state that Mr. Sarasvuo and      
Isildur Oy will not acquire or subscribe more shares or otherwise increase their
ownership in the company and that Mr. Sarasvuo and Isildur Oy, together or      
separately, during the exemption do not in general meetings use voting rights   
exceeding the amount of votes calculated by deducting the shares owned by Mr.  
Sarasvuo and Isildur Oy from the total amount of shares issued by the company   
and multiplying the calculated amount by 3/7.                                   

The company's CEO Jari Sarasvuo and his controlled company Isildur Oy currently 
hold a total of 36.7% of the share capital of Trainers' House Plc.              

TRAINERS' HOUSE PLC                                                             

Mirkka Vikström                                                                 
CFO                                                                             


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