Panostaja Oyj Stock Exchange Bulletin, 6th February 2007 PANOSTAJA OYJ'S 2004 CONVERTIBLE SUBORDINATED LOAN TO BE ENTIRELY CONVERTED INTO SHARES Repayment of Panostaja Oyj's 2004 convertible subordinated loan has been cancelled, because all bond holders have applied to convert their bonds into shares. The outstanding loan amounted to EUR 2,350,600 and annual interest stood at 6.5%. The total number of new Panostaja Oyj Class B shares subscribed for through conversions will be 3,358,000 shares. Share capital will increase by EUR 402,960 and the remaining amount will be included in the share premium account. The increase in share capital will be entered in the Trade Register during February 2007 and the company will apply for the shares to be listed on the OMX Nordic Stock Exchange in Helsinki. The shareholders' rights attached to the shares subscribed for with convertible bonds include voting rights in accordance with the Articles of Association and other rights, except for the rights to receive dividends. The new shares will confer the right to receive dividends for the first time for the financial year during which they are converted. Panostaja Oyj Olli Halmevuo CEO For further information, please contact Mr. Olli Halmevuo, CEO, Panostaja Oyj, tel. +358 (0)3 263 4300.
PANOSTAJA OYJ'S 2004 CONVERTIBLE SUBORDINATED LOAN TO BE ENTIRELY CONVERTED INTO SHARES
| Source: Panostaja Oyj