2008-01-30 08:34:41 CET

2008-01-30 08:34:45 CET


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Proha - Tender offer

SECOND INSTALLMENT OF CAMAKO DATA AB PURCHASE PRICE TO BE PAID PARTLY IN PROHA SHARES


In its meeting on January 29, 2008 Proha Plc's Board of Directors decided to pay
the second installment EUR 275,000 of the fixed purchase price for Camako Data  
AB partly in shares by issuing 500,000 new Proha shares for subscription by the 
seller Entusiasten AB.                                                          

According to the terms of the purchase agreement the subscription price of the  
shares is the weighed average price of Proha shares in Helsinki Stock Exchange  
between January 22 - 28, 2008, i.e. EUR 0.26 per share, totaling at EUR         
130,000.00. The total amount paid for the shares will be recorded in the fund   
for invested non-restricted equity. The remainder of the second installment, EUR
145,000 is paid in cash.                                                        

Two thirds (2/3) of the new shares include a sales restriction, which will      
expire on October 26, 2008 for the first third and on October 26, 2009 for the  
second third. The 500,000 new shares to be issued will amount to 0.8% of the    
stock capital of Proha Group after the issuance.                                

The issue of new shares is based on the authorization by Proha Annual General   
Meeting on April, 18, 2007.                                                     

The terms of purchase of Camako Data AB were published in a stock exchange      
bulletin on October 29, 2007. The purchase price is composed of a fixed price of
EUR 725,000 and of a possible additional purchase price that will be paid based 
on certain performance objectives. The first installment, EUR 450,000, of the   
fixed purchase price was paid at the closing. The possible additional purchase  
price will be paid at latest in 2009 either in cash or in Proha Plc shares. If  
all performance objectives are met in full, the additional purchase price will  
total EUR 375,000.                                                              

Proha in brief                    

Proha is one of the leading providers of enterprise level project management    
software and services. We support customers executing projects and managing     
project business by providing a comprehensive set of tools and services with the
best project management practices. In 2006, the net sales for the continuing    
operations of Proha Group were EUR 41.0 million (EUR 26.4 million in 2005).     
Currently Proha Group employs over 380 people worldwide.                        
www.proha.com                                                                   

Proha Plc                                                                       
Pekka Pere                                                                      
CEO                                                                             

More information                                                                
PROHA PLC                                                                       
CEO Pekka Pere, tel. +358 20 4362 000                                           
pekka.pere@proha.com                                                            
www.proha.com                                                                   

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Helsinki Stock Exchange                                                         
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