CENCORP CORPORATION STOCK EXCHANGE RELEASE 9.12.2008 INCREASE TO SHARE AMOUNT AND NON-RECURRING EXPENSE RELATED TO CONVERTIBLE CAPITAL NOTES 7,908,847 new shares subscribed by Sampo Pankki Oyj on the basis of the EUR 2,689,008 convertible capital notes 2006 will be recorded in the Trade Register today on 9.12.2008. The new shares will carry shareholders´ rights from the date of registration. Share amount of Cencorp Corporation will increase by altogether 7,908,847 shares, from 46,964,875 shares to 54,873,722 shares. The subscription price of the shares will be recorded entirely to the fund of invested non-restricted equity. As a result of this conversion Cencorp Corporation will include in the financial report of last quarter 2008 a non-recurring expense of EUR 1.5 million in the financial items in accordance with the IFRSs related to the restructuring of the terms of a convertible bond in October 2007. This is based on the IFRS norms (IFRS 2 and IAS 32), providing that the profit for the period must account for the imputed impact on profits resulting from a change in the terms of a convertible subordinated loan. This item is related to a convertible subordinated loan of EUR 5.7 million drawn in 2006, of which EUR 3.0 million was converted into company shares in October 2007 at the price of EUR 0.35 per share. In the financial items of last quarter 2007 included similar a non-recurring expense of EUR 1.5 million. The initial conversion rate under the subordinated loan was EUR 0.70. The difference between the actual conversion rate (0.34) and initial rate (0.70) is recognized in the profit for the period, amounting to EUR 1.5 million. This recognition is non-recurring, it only affects the profit for the period and has no impact on the consolidated equity, equity ratio or the group's cash flow. In Lohja, December 9, 2008 Cencorp Corporation BOARD OF DIRECTORS Further information: Jarmo Kanervo Acting CEO Tel. +358 40 5278802 Cencorp develops and supplies automation solutions to the electronics and semiconductor industry that enhance productivity. Distribution: Nasdaqomx Helsinki Main media www.cencorp.com
INCREASE TO SHARE AMOUNT AND NON-RECURRING EXPENSE RELATED TO CONVERTIBLE CAPITAL NOTES
| Source: Valoe Oyj