Revenio Group Corporation: Proposion of Board of Directors


Revenio Group Corporation Stock Exchange Release February 22, 2013 at 13:00

The Board of Directors of Revenio Group Corporation proposes to the Annual
General Meeting that the number of Company shares be reduced by means of a
reverse share split

The Board proposes that the number of company shares be decreased, without
decreasing the share capital, by means of a reverse share split which merges ten
(10) existing shares into one (1) new share for the purposes set out in Chapter
15 Section 9 of the Companies Act and in observance of the procedure specified
therein.

The purpose of the reverse share split is to improve the share trading
conditions and price formation, and to increase the value of individual shares.
The Board therefore holds that the company has a weighty financial reason for
the proposed reverse share split and the related share redemption.

The reverse share split is proposed to be accomplished by redeeming from each
shareholder a number of shares determined in accordance with a redemption ratio
of 9/10, i.e. nine (9) out of every ten (10) shares will be redeemed. The shares
in excess of the nearest integer divisible by ten will additionally be redeemed
from shareholders whose holding is not divisible by ten at the record date of
the reverse share split (rounding). The number of shares shall be evaluated
separately for each book-entry account.

The redemption will be carried out without compensation with the exception of
payment based on rounding as referred to in Chapter 15 Section 9 of the
Companies Act. The redemption will be carried out as specified in the section
referred to above in a proportion other than the shareholders' holdings. Shares
redeemed in connection with the reverse share split will be cancelled, with the
exception of excess shares that are redeemed due to rounding, combined with each
other and sold. Subsequent to the reverse share split, the Company will without
delay, on behalf of the shareholders concerned, sell in public trading as
regulated the combined excess shares redeemable due to the aforementioned
rounding. The funds derived from the share sales are paid to the shareholders in
proportion to the differences obtained by subtracting from the number of shares
redeemable from each shareholder the number of shares redeemable in the absence
of rounding. Interest at the reference rate valid from time to time as provided
by Section 12 of the Interest Act will be paid on the funds for the period
between the share redemption date and the date of remittance of the funds.

The record date of the reverse share split, according to which the right to the
funds derived from shares sold on the basis of rounding is determined, is March
27, 2013. The redeemed shares will be cancelled and the number of shares after
the reverse share split will be entered in the Trade Register on March
27, 2013. The implementation of the reverse share split and the related
redemption will register in the shareholder's book-entry accounts and trading in
the post-reverse split shares will commence on March 28, 2013, upon completion
of the reverse share split. The funds derived from shares sold on the basis of
rounding will be paid to shareholders on or about April 8, 2013 providing that
the sale of all the shares can be accomplished by March 28, 2013 at the latest.
If not, the payment of fractions will take place on the fifth banking day
following the execution of the final sale.

Implementation of the arrangement will not require any actions from the
shareholders.

If the Annual General Meeting approves the Board of Director's proposal, the
Board will decide on the impact of the reverse share split on the terms and
conditions of share subscription in the Company's stock option scheme.

Revenio Group Corporation
Board of Directors

For additional information:

President & CEO Olli-Pekka Salovaara, GSM +358 (0)40 5675520

olli-pekka.salovaara@revenio.fi

http://www.revenio.fi

DISTRIBUTION:
NASDAQ OMX Helsinki
Financial Supervisory Authority (FIN-FSA)
Principal media
www.revenio.fi

Revenio Group Corporation, the parent company of the Finnish      conglomerate
Revenio Group, is listed on the NASDAQ OMX Helsinki exchange. Revenio Group
Corporation's subsidiaries share a focus on Finnish specialist expertise and
export-based operations.
The Revenio Group comprises six independent subsidiaries that are organised into
two business segments. These subsidiaries are Done Logistics Oy (Kauhajoen
Sisälogistiikka Oy), Done Software Solutions Oy, Icare Finland Oy, Boomeranger
Boats Oy, FLS Finland Oy, and Midas Touch Oy.


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