PANOSTAJA OYJ Stock Exchange Bulletin, 13th September 2007 RISTO ROUSKU APPOINTED AS MANAGING DIRECTOR OF VALLOG OY Risto Rousku MBA, 50, will become the new Managing Director of Panostaja Oyj's subsidiary Vallog Oy. Rousku moves to Vallog from his own consultancy company. Previously, Rousku has also worked as Managing Director of Mesera Karhula Oy and has managed international business at Hollming Works Oy and Metso Automation Oy. Rousku will assume his role as Managing Director of Vallog Oy on 17th September 2007. Kyösti Enqvist, who was interim Managing Director, will continue as a member of the Vallog Oy Board. Vallog Oy is a company specialising in manufacturing and logistics services. The company's special competence area comprises manufacturing, supply and assembly of mechanical components and logistics management from traditional logistics services to value-added logistics processes. This stock exchange bulletin is a translation of the original Finnish stock exchange bulletin September 12, 2007. PANOSTAJA OYJ Veli Ollila Chief Financial Officer For further information, please contact: Panostaja Oyj CFO Veli Ollila, tel. 050-305 5075 Vallog Oy MD Risto Rousku, tel. 040-716 9764