Technopolis will commence implementation of the first stage of the Lappeenranta City project. The first stage building, which will comprise 3,150 floor square meters, will cost an estimated EUR 6.5 million. The building is planned to be completed at the end of March 2008. About half of the premises have been leased to eleven companies. Oulu, May 15, 2007 TECHNOPOLIS PLC Pertti Huuskonen President and CEO For further information, please contact: Pertti Huuskonen, tel. +358 8 551 3213 or +358 400 680 816 Distribution: Helsinki Stock Exchange Main news media www.technopolis.fi