PANOSTAJA OYJ Stock Exchange Bulletin 14th August 2007 PANOSTAJA LAUNCHES A SHARE ISSUE RELATING TO THE PUBLIC TAKEOVER BID In accordance with the share issue authorisation announced at the AGM on 15th December 2006, the Board of Panostaja Oyj has decided to increase the company's share capital by 339,501.00 euros to a total of 5,244,081.60 euros by launching a share issue disapplying the shareholders' pre-emption rights to carry out a share exchange according to the terms of the public takeover bid relating to Suomen Helasto Oyj. The share issue consists of 2,829,175 new class B shares with a nominal value of 0.12 euros that are being offered to all Suomen Helasto Oyj shareholders who have accepted the share exchange bid. The subscription price is 1.70 euros per share which was the closing price of Panostaja Oyj's (old) class B shares on the Helsinki Stock Exchange on 9th August 2007. From the subscription price, 0.12 euros will be recorded as an increase in share capital and 1.58 euros as an increase in the invested non-restricted equity fund. As part of this share issue, subscribers will pay the subscription price by transferring six Suomen Helasto Oyj shares for every five Panostaja Oyj class B shares subscribed. A cash consideration will be paid for any remaining fractions of Panostaja Oyj shares based on the closing price of Panostaja Oyj's (old) class B shares on the Helsinki Stock Exchange on 29th May 2007. There is a specific important financial reason for making this derogation of the shareholders' pre-emptive subscription right, as this share issue is based on a public takeover bid made in accordance with an imperative legal provision. The share exchange is also part of an arrangement implementing Panostaja Oyj's growth strategy and significantly increasing Oyj's business volume and improving the company's ability to make profits. It is also believed that the arrangement will increase both the liquidity of and trading in Panostaja Oyj shares. As a result, the arrangement is in the best interests of all Panostaja Oyj shareholders. The class B shares subscribed in the issue will give shareholder's rights on being recorded in the trade register. The start date for trading in new shares will be announced separately. This stock exchange bulletin is a translation of the original Finnish stock exchange bulletin August 10 th, 2007. PANOSTAJA OYJ Olli Halmevuo CEO For further information, please contact Mr. Olli Halmevuo, CEO, Panostaja Oyj, tel. +358 (0)3 263 4300 or +358 (0)400 545 3767.