Stock Exchange Releases

TECHNOPOLIS SIGNS PRELIMINARY AGREEMENT ON LAND AREA IN ST. PETERSBURG

Published: 2006-09-07 07:30:00 CEST
Technopolis Oyj – Company Announcement

TECHNOPOLIS SIGNS PRELIMINARY AGREEMENT ON LAND AREA IN ST. PETERSBURG

TECHNOPOLIS PLC      STOCK EXCHANGE RELEASE 7.9.2006 at 8.30 a.m.


TECHNOPOLIS SIGNS PRELIMINARY AGREEMENT ON LAND AREA IN ST.
PETERSBURG

Technopolis Plc's wholly-owned subsidiary, Technopolis St.
Petersburg LLC, has signed a preliminary agreement to purchase 4.6
hectares of land in St. Petersburg in the vicinity of the Pulkovo
Airport to be used for technology center operations. A technology
center of an estimated 80,000 square meters can be built on this
land. The final contract of sale is conditional on the due
diligence assessments of the plot producing acceptable results.
The due diligence assessments are expected to be completed within
approximately one month.


Oulu, September 7, 2006

TECHNOPOLIS PLC



Pertti Huuskonen
President and CEO

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