PANOSTAJA GROUP ANNUAL REPORT 2008 PUBLISHED

Panostaja Oyj        Stock Exchange Bulletin, 27th January 2009                 

PANOSTAJA GROUP ANNUAL REPORT 2008 PUBLISHED                                    
                                                                                
Panostaja Group Annual Report for 2008 with financial statements has been       
published today in English. The PDF file of the report is attached to this      
release.                                                                        

The Annual Report can also be read at www.panostaja.fi                          
                                                                                
PANOSTAJA OYJ                                                                   


Juha Sarsama                                                                    
Managing director                                                               

For further information, please contact Mr. Juha Sarsama, on tel. 03-263 4333 or
040 774 2099.