TietoEnator Corporation Stock Exchange Release 25 April 2007, 3.00 pm EET TietoEnator and the German Resco GmbH (a part of the Acando Group) have made a Memorandum of Understanding regarding an asset deal. According to the plan, Resco will take over a part of TietoEnator's SAP businesses, related business agreements as well as 21 SAP experts working for the business area Banking & Insurance. In addition, TietoEnator has made a Memorandum of Understanding regarding an asset deal for a management buy-out arrangement. The buy-out includes the SAP Human Capital Management consulting team of about 16 employees who will transfer to a new company. At the same time, the hosting operations with one employee will be internally transferred from Banking & Insurance to the Processing & Network business area. All arrangements concern TietoEnator's Banking & Insurance organisation in Germany and are expected to take place on 1 June 2007. The net sales of the SAP businesses that are transferred outside of TietoEnator Group totalled about EUR 5.8 million and operating loss about EUR 1.2 million in 2006. The capital loss from the transactions is expected to be approximately EUR 4 million. In the future, TietoEnator Banking & Insurance will focus on the solutions business for the banking, financing and re-insurance industries. Martti Paajanen, Head of TietoEnator Banking & Insurance Germany, said: "The divested SAP consulting services are non-industry-related businesses. Their role fits well with the new owners' strategy and business development plans. In the future, we will focus on areas where we are able to utilise synergy benefits from our existing solutions. In other industry expertise areas TietoEnator continues developing SAP business. Michael Mörchen, Managing Director of Resco Germany, said: "In addition, the role of the unit to be transferred fits well in Resco's strategy, business development plans and client base, especially in the field of SAP NetWeaver Technologies." For further information, please contact Martti Paajanen, Vice President, Banking & Insurance, tel. +49 170 221 1225. TIETOENATOR CORPORATION DISTRIBUTION Helsinki Stock Exchange Stockholmsbörsen Principal Media Acando is a consultancy company which, in partnership with its clients, identifies and implements business improvements through information technology. Acando provides balance of high business value, short project time and low total cost - time to value. Acando's annual turnover exceeds EUR one hundred million and the group employs more than 1,100 persons in nine European countries. The company is listed on the OMX Nordic Exchange. Resco GmbH with over 200 employees in Germany is a 100% subsidiary of Acando AB. TietoEnator is among the leading architects in building a more efficient information society and one of the largest IT services providers in Europe. TietoEnator specializes in consulting, developing and hosting its customers' business operations in the digital economy. The Group's services are based on a combination of deep industry-specific expertise and the latest information technology. TietoEnator has about 16 000 experts in close to 30 countries. www.tietoenator.com