SUOMEN TERVEYSTALO OYJ STOCK EXCHANGE RELEASE 29 June, 2007 at 10:10 am Suomen Terveystalo to acquire Medivire Työterveyspalvelut Suomen Terveystalo Oyj has today signed an agreement to purchase Medivire Työterveyspalvelut which means that Suomen Terveystalo will be the leading provider of private healthcare services in Finland. After the acquisition, Suomen Terveystalo group serves over 11,000 corporate customers and more than 350,000 individuals in occupational healthcare. Medivire Työterveyspalvelut Oy is the leading occupational healthcare services provider in Finland. Established in 1995, Medivire Työterveyspalvelut employs over 900 occupational healthcare professionals at some 40 locations. The entire personnel will transfer to the Suomen Terveystalo group under their existing terms of employment. Medivire's occupational healthcare services offer an extensive range of preventive and medical occupational healthcare for both the public and the corporate sectors. The 2006 net sales of Medivire Työterveyspalvelut Oy amounted to EUR 75 million, and its operating profit (EBIT) to EUR 3.5 million. The company is expected to achieve net sales of over EUR 80 million in the current year, and operating profit (EBIT) to exceed EUR 7 million. Further increase of Medivire Terveyspalvelut Oy's net sales and improvement in profitability are expected to continue in the financial period 2008. ”The expertise of personnel of Medivire Työterveyspalvelut and the highly advanced occupational healthcare processes ideally complement the existing competencies at Suomen Terveystalo. The subcontracting services of diagnostics and specialists services Medivire Työterveyspalvelut has bought can be produced by Suomen Terveystalo in the future and we believe that it creates significant synergies. In the future we are able to produce wider health care services in longer perspective and with more comprehensive responsibilities to all customer groups as the widest nation-wide operator in the sector,” says Martti Kiuru, CEO of Suomen Terveystalo Oyj. “I am very pleased that the new owner of Medivire Työterveyspalvelut is Suomen Terveystalo. We can continue our long term development and implementing of new processes in occupational healthcare services. The formed new entity and its owner base as a listed company give us an unique possibility to develop finnish private health care further ”, says Kimmo Karvonen, CEO of Medivire Työterveyspalvelut. The transaction and the acquisition price The current Medivire Oy will be spun off into two companies, and the company's stockholding in Medivire Työterveyspalvelut Oy will be transferred to Medivire TTP Holding Oy, a new company to be established. Medivire Oy holds 97.67 percent of the stock of Medivire Työterveyspalvelut Oy. Suomen Terveystalo will make a redemption offer in the future to acquire the remaining 2.33 percent of the stocks, owned by total of 124 private investors. In acquisition Suomen Terveystalo Oyj aquires all shares of Medivire TTP Holding oy. The sellers are MB-Funds Ltd, Ilmarinen Mutual Pension Insurance Company and the Medivire Oy's executive management. Suomen Terveystalo will pay EUR 127.0 million for Medivire TTP Holding Oy's stocks. The net liabilities of Medivire Työterveyspalvelut Oy as of June 30, 2007 will be deducted from or included in the sales price. Title to the stocks will be transferred and the sales price become payable upon completion of the spin-off of Medivire Oy, expected to take place by September 1, 2007. For the financing of the transaction Suomen Terveystalo Oyj has made a financing agreement with OKO Bank Plc. The transaction is estimated to improve Suomen Terveystalo Oyj's earnings per share year 2008 onwards. Suomen Terveystalo Oyj Martti Kiuru CEO More information: Suomen Terveystalo Oyj, CEO Martti Kiuru, tel. +358 9 2310 6100 Suomen Terveystalo Oyj, CFO Timo Leinonen, tel. +358 400 793 073 Suomen Terveystalo in brief: Suomen Terveystalo, which has 100 offices across Finland, is Finland's largest comprehensive healthcare clinics and hospitals chain. The company offers healthcare, occupational healthcare and medical treatment services to private persons, corporations and communities. The company that was founded in 2001 has strongly grown throughout its history. In 2006, the turnover was MEUR 88.9 and operative profit MEUR 5.1. The company has about 1.750 practising doctors and some 50 other health care professionals. At the end of March 2007 the company employed 1,335 people. Suomen Terveystalo's share (SUT1V) is listed in the Helsinki Stock Exchange. www.terveystalo.com DISTRIBUTION The Helsinki Stock Exchange Main Media