PANOSTAJA OYJ Stock Exchange Bulletin 13th September 2007 PANOSTAJA OYJ TO GET A NEW CEO Panostaja Oyj CEO Olli Halmevuo has handed in his resignation on 11th September. The Board of Panostaja Oyj extends its gratitude to Olli Halmevuo for his significant input in the development of the company. - Panostaja Oyj's operations are based on entrepreneurship. Entrepreneurship is seen at Panostaja not as being a way of life but as being a project. For Olli Halmevuo, the project was successful and lasted 14 years. During this time, Olli Halmevuo provided exceptional input into development of Panostaja Oyj, says Matti Koskenkorva, Chairman of the Panostaja Board. - After a 14-year, challenging entrepreneurship project, it feels good to step down for a sabbatical, especially as the business operations of the Panostaja Group are currently at their best ever level, says Olli Halmevuo. He added that he will continue as a member of the Panostaja Board. Panostaja Oyj Board has confirmed that Chairman of the Board Matti Koskenkorva will assume the role of CEO in the interim. At the same time, the Board has started preparations to appoint a new Managing Director. This stock exchange bulletin is a translation of the original Finnish stock exchange bulletin September 11, 2007. PANOSTAJA OYJ Matti Koskenkorva Chairman of the Board For further information, please contact: Matti Koskenkorva, Chairman of the Board, tel. +358 400 626 110, Olli Halmevuo, CEO, tel. +358 40 5453 767