PANOSTAJA OYJ Stock Exchange Bulletin 8th June 2007 PANOSTAJA OYJ TO LAUNCH A TAKEOVER BID FOR ALL SHARES IN SUOMEN HELASTO OYJ Panostaja Oyj (hereinafter referred to as 'Panostaja') has acquired shares in Suomen Helasto Oyj (hereinafter referred to as 'Suomen Helasto') from Suomen Helasto's principal shareholders through a share exchange carried out on 30th May 2007. As a result of the share exchange, Panostaja now holds 68.77% of both the shares and the voting power in Suomen Helasto. Following on from the share exchange, Panostaja incurred an obligation under the Securities Markets Act Chapter 6 section 10 to launch a takeover bid to other shareholders in Suomen Helasto. The company released a separate Stock Exchange Bulletin relating to the obligation to launch the bid and to certain key terms of the bid on 30th May 2007. This bulletin complements the information provided in the above-mentioned bulletin. The offer document and the full terms of the takeover bid are expected to be published on or around 29th June 2007. The period of the takeover bid will start at about 9.30am EET on 3rd July 2007 and end at about 4.00pm EET on 6th August 2007. The company making the offer reserves the right to extend or suspend the bid period according to the terms of the takeover bid, which will be published at a later date. The takeover bid is carried out as part of a restructuring operation, whereby Panostaja aims to acquire a significant majority of shares in Suomen Helasto. The ultimate objective is to incorporate Suomen Helasto Group's business as part of Panostaja Group. Panostaja will carry out the restructuring operation by purchasing Suomen Helasto's subsidiaries for itself or its subsidiaries and then aiming to sell the parent company, Suomen Helasto, to a buyer willing to bring new business operations into the company; or by merging Suomen Helasto or its subsidiaries into Panostaja or one of its subsidiaries; or by acquiring all shares in Suomen Helasto and applying for termination of trading in Suomen Helasto shares and delisting of the shares from the Helsinki Stock Exchange. Future trading in Suomen Helasto shares on the Helsinki Stock Exchange will depend on which of the above-mentioned options is implemented. Further information will be released separately, as soon as the implementation method is confirmed. Details of the impact of the takeover bid and of the consideration offered as part of the bid on the offering company's business, financial performance and position will be presented in the offer document. The share exchange can be carried out under the effective authorisation granted to the Board of Directors at Panostaja's Annual General Meeting held on 15th December 2006. The company intends to finance the cash consideration offered as part of the bid from its own cash reserves. This stock exchange bulletin is a translation of the original Finnish stock exchange bulletin June 7, 2007. PANOSTAJA OYJ Board of Directors For further information, please contact Mr. Olli Halmevuo, CEO, tel. +358 (0)3 263 4333. THE TAKEOVER BID IS NOT OFFERED DIRECTLY OR INDIRECTLY IN ANY JURISDICTION WHERE TO DO SO WOULD BE CONTRARY TO LAW AND THIS RELEASE MUST NOT BE DISSEMINATED OR COMMUNICATED IN ANY WAY, INCLUDING BUT NOT LIMITED TO MAIL, FAX, TELEX, TELEPHONE, E-MAIL OR INTERNET COMMUNICATIONS, TO OR FROM ANY JURISDICTIONS WHERE IT WOULD BE ILLEGAL.