Amanda IV West L.P., established and managed by Amanda, first closing has taken place today at amount of EUR 77,0 million. The Fund invests in unquoted companies in Western Europe through local private equity funds. The fund is going to continue fundraising and its final closing is going to take place by November 9, 2008. The fund has already started investment activities by making investment commitments into two private equity funds. Both of these funds are closed for new investors. Amanda's management fees from the management and consultancy of private equity investments are EUR 4 million this year and in 2008 with the current agreement base. AMANDA CAPITAL PLC Petteri Änkilä CEO For further information please contact: CEO Petteri Änkilä, tel. +358 09 6829 6011 Distribution: OMX Nordic Exchange in Helsinki, www.amandacapital.fi The Amanda Group is a private equity investment company. Its parent company (Amanda Capital Plc) is the first publicly listed private equity fund-of-funds in Scandinavia. Amanda Group has investments in 25 different private equity funds and in four funds of funds also managed by Amanda. Amanda Group is one of Finland's largest private equity fund investment management companies. The Group manages several private equity fund portfolios under consultancy agreements. It manages also six private equity funds of funds, which have several domestic and international investors. Amanda Group currently has more than EUR 1.6 billion of assets under management (original investment commitments) and has made investments in more than 100 private equity funds in Europe, the United States, Asia and Russia