AMANDA CAPITAL PLC STOCK EXCHANGE RELEASE
The court of appeal has ruled on March 31, 2008 that the judges initially
appointed to try the case have been disqualified to handle the lawsuits filed
against Amanda Capital Plc by Interglobia Ltd's bankrupt's estate and
Interavanti Plc. There will be a new hearing in the court of appeal later.
Amanda Capital Plc made a decision on December 5, 2007 to postpone informing the
markets regarding the issue above, because the process was ongoing. Now the
reason for the postponement has been solved.
BACKGROUND:
On 30 June 2005, Helsinki District Court dismissed the lawsuits filed against
Amanda Capital Plc by Interglobia Ltd's bankrupt's estate and Interavanti Plc.
On 19 September 2005, Interavanti Plc and Interglobia's bankrupt's estate filed
an appeal against the decision by Helsinki District Court with the Court of
Appeal.
AMANDA CAPITAL PLC
BOARD OF DIRECTORS
Additional Information: CEO Petteri Änkilä, tel. +358 9 6829 6011
Distribution: OMX Nordic Exchange in Helsinki, www.amandacapital.fi
The Amanda Group is a private equity management company. Its parent company is
the first publicly listed private equity fund of funds in Scandinavia. Amanda
has investments in 24 private equity funds and in four funds of funds under
Amanda's own management.
Amanda Group is one of Finland's largest management companies of private equity
fund investments. It manages several private equity fund portfolios under
consultancy agreements and six private equity funds of funds with several
domestic and international institutions as investors. Amanda Group currently has
EUR 2.3 billion of assets under management (original investment commitments)
with which it has made investments in more than 100 private equity funds in
Europe, the US, Asia, and Russia.
INFORMATION ABOUT THE LAW SUITS FILED AGAINST AMANDA BY INTERGLOBIA LTD'S BANKRUBT'S ESTATE AND INTERAVANTI PLC
| Source: eQ Oyj