Stock Exchange Releases

JYVÄSKYLÄ CITY BOARD APPROVES PRELIMINARY AGREEMENT ON THE SALE OF A MINORITY

Published: 2006-05-22 14:30:00 CEST
Technopolis Oyj – Company Announcement

JYVÄSKYLÄ CITY BOARD APPROVES PRELIMINARY AGREEMENT ON THE SALE OF A MINORITY

TECHNOPOLIS PLC    STOCK EXCHANGE RELEASE 22.5.2006 at 3.30 p.m.


JYVÄSKYLÄ CITY BOARD APPROVES PRELIMINARY AGREEMENT ON THE SALE OF A MINORITY
HOLDING IN JYVÄSKYLÄ SCIENCE PARK TO TECHNOPOLIS

In its meeting today, the Jyväskylä City Board approved the preliminary
agreement 
signed on May 18, 2006 on the sale of a minority holding in Jyväskylä Science
Park to Technopolis Plc. The transaction concerns 34.13 % of Jyväskylä Science
Park's shares.

Closure of the transaction will require that the Jyväskylä City Council approves
the share transaction, and that the due diligence process carried out and
ordered 
by Technopolis reveals no significant new information that would prevent the
transaction from taking place. The City Council will handle the share
transaction 
in its meeting to be held on June 5, 2006.


Oulu, May 22, 2006

TECHNOPOLIS PLC



Pertti Huuskonen
President and CEO

For further information, please contact:
Pertti Huuskonen, tel. +358 400 680 816

Distribution:
Helsinki Stock Exchange
Main news media
www.technopolis.fi