Proha Oyj Stock Exchange Bulletin December 8, 2008 at 1.15 p.m. CHANGES TO PROHA BOARD COMPOSITION Birger Flaa, Svein Stavelin and Jon Erling Tenvik have announced their resignation from the Proha board of directors as of 31 December 2008. They will continue to serve the Proha Group as the board members of Dovre. The resignations are a logical continuation to Proha's strategy, which was revised in spring 2008, and the ensuing restructuring activities. The execution of the new structure has taken place faster than expected. Presently the parent company only exercises a controlling role as most of the business decisions are carried out in the independently operating subsidiaries. Bearing in mind that execution of the restructuring has progressed faster than expected, the Proha board sees that having as much as six members would be unnecessary. At the same time the company strengthens the board of Dovre International AS, which is the Norwegian parent company of Proha's largest division, Dovre. The company has invited Norwegian Gro Kielland (49) to join Dovre's board of directors. Mrs. Kielland currently operates i.a. as the chairman of BP Norway's board of directors. Gro Kielland will also become the first female member of Dovre's board. Other members continuing in Dovre's board are Ilari Koskelo, Birger Flaa, Svein Stavelin and Jon Erling Tenvik, as well as Arne Narvestad as the employees' representative. Dovre's new board of directors will become effective in 1 January, 2009. In addition, Dovre International AS has decided to change its name to Dovre Group AS. The new name will better reflect the company's position as the parent company of the Dovre division. Dovre's founder, Mr. Birger Flaa has given up his rights to the name, Dovregruppen, for the benefit of the company. Mr. Flaa's controlled company Dovregruppen AS, which is the second largest shareholder of Proha Plc with a 10.59% share of ownership, will take a new name during the process. 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, Proha Group's net sales were EUR 51.0 million (EUR 41.0 million in 2006). Currently Proha Group employs over 400 people worldwide. Proha is a Microsoft Gold Certified Partner. www.proha.com Proha Plc BOARD OF DIRECTORS More information: PROHA PLC Ilari Koskelo, CEO, Tel. +358 20 4362 000 ilari.koskelo@proha.com Janne Rainvuori, EVP, Tel. +358 20 4362 000 janne.rainvuori@proha.com DISTRIBUTION: NASDAQ OMX Helsinki Major media