2015-10-27 14:30:00 CET

2015-10-27 14:30:57 CET


REGULATED INFORMATION

English Finnish
Bittium Oyj - Changes in company's own shares

Change in the number of shares and stock options in Bittium Corporation


Stock Exchange Release

Free for publication on October 27, 2015 at 3.30 p.m.

Change in the number of shares and stock options in Bittium Corporation

Bittium  Corporation ("Bittium" or  the "Company") has  cancelled its own shares
("Share") and stock options 2008C ("Stock Option") as a result of the completion
of  a voluntary public tender  offer (the "Offer") for  the Company's own Shares
and Stock Options.

Before  the completion of the Offer,  there were 132,818,030 Shares and 268,994
Stock  Options in  the Company.  The Offer  was accepted  for 97,244,662 Shares,
representing approximately 73.2 per cent of all Shares and votes in the Company.
In  addition,  the  Offer  was  accepted for 166,694 Stock Options, representing
approximately 62.0 per cent of all Stock Options in the Company.

In  accordance with the terms and conditions  of the Offer, the Shares and Stock
Options  transferred in the Offer became null and void as part of the settlement
of  the completion trades of the Offer so  that the Shares and Stock Options did
not  at  any  stage  come  to  the  Company's  possession.  The  cancellation of
97,239,195 Shares and 166,694 Stock Options was executed on October 27, 2015. As
a  result of the Shares and Stock Options  becoming null and void, the number of
Company's  remaining  Shares  is  35,578,835, and  the  number  of Company's all
remaining  Stock Options is 102,300, of which  40,000 Stock Options have not yet
been  allocated to the  Company's key persons  in accordance with  the terms and
conditions of the Stock Options.

Settlement of 5,467 Shares to be transferred in the Offer has not been completed
within the same timetable as the settlement of the other Shares transferred, and
such  Shares have not  yet become null  and void. Such  5,467 Shares will become
null and void later, as soon as it can be accomplished.

In Oulu, October 27, 2015

Bittium Corporation
Board of Directors

Further Information:

Veli-Pekka Paloranta
CFO
Bittium Corporation
Tel. +358 40 344 5466

Distribution:

NASDAQ Helsinki
Main media

Bittium

Bittium  is  specialized  in  developing  reliable and secure communications and
connectivity solutions using the latest technologies and deep knowledge on radio
technology.  Bittium provides innovative products and customized solutions based
on  its product platforms, and R&D services for customers in various industries.
Bittium  also  offers  high  quality  information  security solutions for mobile
devices  and portable computers. Net sales  of continuing operations in 2014 was
EUR  52.7 million and operating profit was EUR 0.8 million. Bittium is listed on
Nasdaq Helsinki. www.bittium.com


[HUG#1961743]