22.10.1999

The extraordinary shareholders’ meeting of Aspocomp Group Oyj

The extraordinary shareholders’ meeting of Aspocomp Group Oyj decided today on October 22, 1999 according to the proposal of the Board of Directors to provide key company persons to be separately appointed employed by the Group or the Group’s subsidiary with stock options. A total of 750,000 options which would yield a total of 750,000 Aspocomp Group Oyj shares would be issued, of which 375,000 would be subscribed as A options and 375,000 as B options. The subscription price would be EUR 25. The subscription price would be reduced by the amount of dividends paid per share after October 22, 1999 and prior to the clearance dates for each of the dividend distributions on the shares. The subscription period will start, using a staggered framework, on November 1, 2001 for A options and on November 1, 2003 for B options. The subscription period for all of the stock options will expire on November 30, 2005.

The company feels that stock options will raise shareholder value by supporting the long-term commitment of key personnel. The stock options are also designed to tie key people to the company by giving the company the right to reclaim the options from the employee in the event that the employment relationship expires prior to November 1, 2003 without compensation for any increase in the value of the option which may have taken place.

Helsinki October 22, 1999
Board of Directors

For more information contact the company CEO, Jarmo Niemi by telephone at +358 9 7595 312

ASPOCOMP GROUP Oyj

Jarmo Niemi
President and CEO

Distribution:
Helsinki Exchanges
Press and Media