TECHNOPOLIS CLOSES DEAL TO ACQUIRE ENTIRE STOCK OF INNOPOLI II


Technopolis Plc has today signed an agreement with the City of Espoo, the Etera
Mutual Pension Insurance Company and Sitra (the Finnish Innovation Fund) on the
acquisition of the entire stock of Kiinteistö Oy Innopoli II (Innopoli II real
estate company). 

The acquisition price is EUR 54.2 million, to which Kiinteistö Oy Innopoli II's
current receivables and cash in hand and at bank as per August 15, 2007 will be
added, and from which the non-current and current liabilities of Kiinteistö Oy
Innopoli II as per August 15, 2007 will be deducted. These adjustments are not
expected to have a material effect on the acquisition price. About 19.4 % of
the price will be paid in new shares of Technopolis Plc and the rest in cash.
Under the authorization given by the Annual General Meeting on March 29, 2007,
the Technopolis Plc Board of Directors decided on August 14, 2007 to issue a
maximum of 1,581,429 shares in a share offering to the City of Espoo, the Etera
Mutual Pension Insurance Company and Sitra in order to pay the share
consideration. 

Kiinteistö Oy Innopoli II comprises a building of 20,625 floor square meters
and 1.9 hectares of land owned by the company and located in the Otaniemi
district of the City of Espoo. Completed in 2002, the property houses some 90
technology companies. 

The annual revenue of Kiinteistö Oy Innopoli II and its leasing portfolio is
approximately EUR 3.8 million and EBITDA is EUR 2.7 million. Upon completion of
the share transaction, Technopolis estimates that its consolidated net sales
and EBITDA will increase in 2007 by 22-26 % on the previous year, as was
informed in the Interim Report of July 20, 2007. 


Oulu, August 15, 2007

TECHNOPOLIS PLC


Pertti Huuskonen
President and CEO

For further information, please contact:
Pertti Huuskonen, tel. +358 400 680 816 or +358 8 551 3213

Distribution:
OMX Nordic Exchange Helsinki
Main media
www.technopolis.fi