TietoEnator Corporation Stock exchange release 15 April 2008, 1.00 pm EET TietoEnator has entered into an agreement on acquiring the shares of Primasoft Oy, a joint venture owned by TietoEnator (60%), Sampo Plc (20%) and Sampo Bank/Danske Bank (20%). TietoEnator now owns the entire share capital of Primasoft. At the same time parts of Primasoft's application management business were sold to If P&C Insurance Company and Sampo Life. In 2007, Primasoft Oy's net sales amounted to approximately EUR 62 million. The turnover of the sold application management business is about EUR 10 million annually. This arrangement concerns all Primasoft's 290 employees. About 100 employees will transfer to If P&C Insurance Company, and a maximum of 10 employees will move to Sampo Life. The remaining part of Primasoft's business and employees will be integrated into TietoEnator. A maximum of 50 people will continue in the Processing & Network business area and 130 people will stay on in the Banking & Insurance business area. All personnel arrangements will be implemented by June 1, 2008. TietoEnator's services to Danske Bank, If P&C Insurance Company and Sampo Life that are not part of the arrangements will continue as agreed upon earlier. All TietoEnator's other insurance business activities will continue unchanged. For further information, please contact: TietoEnator Banking & Insurance Seppo Haapalainen, President (acting) Tel. +358 9 8626 3500 or +358 400 455 587 TietoEnator Corporate communications Reeta Kaukiainen, EVP, Communications and Investor Relations Tel. +358 9 8626 3276 or +358 50 522 0924 TIETOENATOR CORPORATION DISTRIBUTION Helsinki Stock Exchange Stockholmsbörsen Principal Media TietoEnator is among the leading architects in building a more efficient information society and one of the largest IT services providers in Europe. TietoEnator specializes in consulting, developing and hosting its customers' business operations in the digital economy. The Group's services are based on a combination of deep industry-specific expertise and the latest information technology. TietoEnator has about 16 000 experts in close to 30 countries. www.tietoenator.com Sampo Group comprises of If, the leading P&C Insurance Company in the Nordic and the Baltic countries, and Sampo Life, a life insurer. www.sampo.com The Danske Bank Group comprises Danske Bank, Danica Pension, Realkredit Danmark, and associated subsidiaries as well as banks in northern Europe. The Group provides its customers with banking products, insurance, mortgage finance, real-estate brokerage, asset management and leasing services. www.danskebank.com
TietoEnator acquires the entire share capital of Primasoft, part of the business to be sold to customers
| Source: Tieto