Stock Exchange Releases

TECHNOPOLIS SIGNS AGREEMENT ON PLOT OF LAND IN ST. PETERSBURG

Published: 2006-10-09 07:15:00 CEST
Technopolis Oyj – Company Announcement

TECHNOPOLIS SIGNS AGREEMENT ON PLOT OF LAND IN ST. PETERSBURG

TECHNOPOLIS PLC   STOCK EXCHANGE RELEASE 9.10.2006 at 8.15 a.m.


TECHNOPOLIS SIGNS AGREEMENT ON PLOT OF LAND IN ST. PETERSBURG

Technopolis St. Petersburg LLC, a fully-owned subsidiary of
Technopolis Plc, has signed an agreement on the purchase of a 4.6-
hectare plot near the Pulkovo airport in St. Petersburg for the
purpose of establishing a technology park. The land area is
located next to Pulkovskoe shosse about two kilometers and five-
ten minutes' drive from the airport. The plot will be suitable for
building a technology park of an estimated maximum 80,000 m2. The
acquisition price for the plot of land is EUR 7.4 million. The
price is expected to be paid after a zoning amendment is made to
the area by the end of November.


Oulu, October 9, 2006

TECHNOPOLIS PLC



Pertti Huuskonen
President and CEO

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

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