Kasola Plc Stock Exchange Release 30 November 2007 THE EXECUTION OF THE SALE OF THE BUSINESS ACTIVITIES OF KASOLA PLC The agreement regarding the sale of the business activities of Kasola Plc signed on 22 November between Kasola Plc, Maturiala Ltd, Kaso Ltd and MK-Tresmer Ltd has been executed today. After the sale of the business activities, the organization of Kasola Plc will be formed by Managing Director Tapani Väljä. As a result of the completion of the sale the current group structure of Kasola Plc will be dissolved as all subsidiaries have been sold with the parent company Kasola Plc remaining as the only operational entity. The abbreviated balance sheet of Kasola Plc per 30 November 2007 (unaudited), taking into consideration the completed sale, is as follows: -------------------------------------------------------------------------------- | Long-term assets | 0,5 | | 11,4 | Equity | -------------------------------------------------------------------------------- | Funds | 9,2 | | 0,6 | Short-term debts | -------------------------------------------------------------------------------- | Other short-term | 2,3 | | | | | assets | | | | | -------------------------------------------------------------------------------- | | 12,0 | | 12,0 | | -------------------------------------------------------------------------------- The transaction costs that will further incur will affect the result of Kasola Plc on the latter part of the year. Costs will incur in connection with the drafting of a prospectus, Due Diligence processes relating thereto, editing of the financial information of the business activities to be assumed and other fees payable to the professional advisers. The total amount of these costs will exceed one million euros. KASOLA PLC Tapani Väljä Managing Director Additional information: Tapani Väljä Managing Director KAsola Plc tel. 0400-505 078 email: tapanivalja.kasola@kaso.fi www.kaso.fi DISTRIBUTION Helsinki Stock Exchange Major media