Stock Exchange Releases

TECHNOPOLIS PLC?S DIRECTED SHARE ISSUE AND RELATED INCREASE OF SHARE CAPITAL

Published: 2005-11-30 10:30:00 CET
Technopolis Oyj – Company Announcement
TECHNOPOLIS PLC?S DIRECTED SHARE ISSUE AND RELATED INCREASE OF SHARE CAPITAL
TECHNOPOLIS PLC    STOCK EXCHANGE RELEASE 30.11.2005 at 11.30 a.m.


TECHNOPOLIS PLC’S DIRECTED SHARE ISSUE AND RELATED INCREASE OF
SHARE CAPITAL

Technopolis Plc (the Company) has, in accordance with a share
purchase agreement entered into on November 15, 2005, acquired the
majority stake of Teknologiakeskus Kareltek Oy’s shares from
Lappeenrannan Kaupunkiyhtiöt Oy (the acquisition was announced by
a stock exchange release on November 15, 2005). In addition to a
cash portion of EUR 6,225,000, part of the purchase price was paid
by issuing 511,361 new Company shares, each share having a counter
book value of EUR 1.69, to Lappeenrannan Kaupunkiyhtiöt Oy in a
directed share issue. As a result of the directed share issue, the
Board of Directors of the Company has, on the basis of the
authorisation given by the Extraordinary General Meeting on
November 11, 2005, decided to increase the Company’s share capital
by EUR 864,200.09. The total amount of the issued shares
represents approximately 1.43 per cent of the Company’s share
capital and votes attached to the shares after the increase of
share capital.

Lappeenrannan Kaupunkiyhtiöt Oy has subscribed for the new shares
today. The subscription price for the shares was EUR 4.47 per
share. The shares will entitle to the same rights as the Company
shares already listed and to full dividend for the financial year
ending on December 31, 2005.

The increase of the share capital will be registered in the
Finnish Trade Register on or about December 1, 2005. As a result,
the share capital of the Company will increase to EUR
60,589,957.74 consisting of 35,852,046 shares. The Company will
apply for the listing of the new shares on the Main List of the
Helsinki Stock Exchange together with the Company’s other shares
tentatively as of December 2, 2005.


Oulu, November 30, 2005

TECHNOPOLIS PLC
The Board of Directors


For further information, please contact:
Pertti Huuskonen, President and CEO, tel. +358 8 551 3213 or
+358 400 680 816

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