TietoEnator establishes a new Performance Share Plan and share ownership guideline; Option Plan under preparation

TietoEnator Corporation stock exchange release 18 December 2008, 3.30
pm EET 1

The Board of Directors of TietoEnator Corporation approved today a
new share-based incentive plan (Performance Share Plan 2009-2011) to
be offered to the President and CEO and other members of the
Leadership Team, share ownerships guideline for the President and CEO
and other Leadership Team members and decided to continue
preparations to launch an Option Plan for the key personnel of
TietoEnator.

Performance Share Plan

The Performance Share Plan 2009-2011 is a part of the remuneration
and commitment programme for the management and its purpose is to
align the goals of the company's shareholders and key executives in
order to enhance the value of the company. It also aims to ensure the
commitment of key executives and to offer them a competitive,
ownership-based reward scheme.

The plan includes one three-year earning period, which will begin on
1 January 2009 and will end on 31 December 2011. The potential reward
from the plan is based on the on the Earnings per Share (EPS) of
TietoEnator in 2011.

The amount reward will be determined and paid to the participants of
the plan on the basis of the achievement of EPS target after the
financial statements have been prepared before end of April 2012. The
reward will be paid in TietoEnator shares.

The rewards to be paid on the basis of the plan will correspond to a
maximum of 576 000 TietoEnator shares. In addition to this,
accumulated dividends during 2009-2011 related to the shares to be
delivered will be compensated to the participants either in cash or
by adjusting the number of the shares.

No new shares will be issued in connection with the Performance Share
Plan and therefore the incentive plan will have no diluting effect.

Share Ownership guideline

The recommended minimum investment in TietoEnator shares for the
President and CEO and members of the Leadership Team corresponds to
one time annual gross base salary.

Preparation of the Option Plan

The Board of Directors will continue preparations of a new Option
Plan for the key employees of TietoEnator to be proposed for the next
Annual General Meeting of the Company.


TIETOENATOR CORPORATION


DISTRIBUTION
Nasdaq OMX Helsinki
Nasdaq OMX Stockholm
Principal Media


Tieto is an IT service company providing IT, R&D and consulting
services. With approximately 16 000 experts, we are among the leading
IT service companies in Northern Europe and the global leader in
selected segments. We specialize in areas where we have the deepest
understanding of our customers' businesses and needs. Our superior
customer centricity and Nordic expertise set us apart from our
competitors.

Tieto is our new brand name as of 1 December 2008. The official
registered name of the company is TietoEnator Corporation.
www.tieto.com