SPONDA ACQUIRES ITS OWN SHARES


The shares will be acquired in public trading on the Helsinki Exchanges and not in proportion to shareholders' holdings. The shares will be acquired at their market price at the time of purchase and the purchase price will be paid to the selling parties within the time period stipulated by the rules of the Helsinki Exchanges and the Finnish Central Securities Depository Ltd. This acquisition will reduce the company's distributable funds.

The company will acquire its own shares in public trading no earlier than one week after the date on which it disclosed the decision of the Board of Directors to acquire its own shares; that is, 2 May 2002. Acquisition of the company's own shares will cease on 27 March 2003.

Shareholders wishing to sell their shares to the company are required to submit a sales order to an authorized securities broker to this effect.