PROHA BOARD APPROVED SUBSCRIPTIONS OF OPTION ISSUE


Proha Plc          Stock Exchange Bulletin April 18, 2008 at 9:15 am.

PROHA BOARD APPROVED SUBSCRIPTIONS OF OPTION ISSUE

On April 17, 2008, Proha Board of Directors approved subscriptions of option
rights based on issue of stock options approved by the Annual General Meeting
on April 18, 2007. The 90,000 option rights now subscribed entitle to
subscription of total of 90,000 shares. The subscription period of Stock Option
Plan 2007 ended on April 17, 2008. 

The share subscription price will be EUR 0.37 for shares subscribed under the
Stock Option Plan. 

The Annual General Meeting of Proha on April 18, 2007, decided to issue a total
maximum of 2,110,000 stock options. The terms and conditions of the option
issue were published in the Stock Exchange Bulletin on March 28, 2007. In the
issue, a total of 1,977,000 Proha Plc stock options were subscribed and 90,000
stock options have been returned to the company. The remaining 1,887,000 stock
options of Plan 2007 entitle to the subscription of 1,887,000 shares. 

Proha in brief

Proha is one of the leading providers of enterprise level project management
software and services. We support customers executing projects and managing
project business by providing a comprehensive set of tools and services with
the best project management practices. In 2007, the net sales for the
continuing operations of Proha Group were EUR 51.0 million (EUR 41.0 million in
2006). Currently Proha Group employs over 380 people worldwide. Proha is a
Microsoft Gold Certified Partner. 
www.proha.com

Proha Plc
Ilari Koskelo
CEO

More information:

PROHA PLC
CEO Ilari Koskelo, Tel +358 20 4362 000
ilari.koskelo@proha.com

EVP Janne Rainvuori, Tel. +358 20 4362 000
janne.rainvuori@proha.com

DISTRIBUTION:
Helsinki Stock Exchange
Major media