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FINAL RESULT OF TECHNOPOLIS’S RIGHTS ISSUE

Technopolis - Company Announcement 
TECHNOPOLIS PLC    STOCK EXCHANGE RELEASE    May 23, 2008 at 9:30 a.m.

NOT FOR DISTRIBUTION IN THE UNITED STATES, CANADA, JAPAN OR AUSTRALIA


FINAL RESULT OF TECHNOPOLIS'S RIGHTS ISSUE 

All the offered 13,233,540 shares were subscribed for in Technopolis Plc's (the
“Company”) rights issue completed on 20 May 2008. A total of 13,029,489 shares
were subscribed for in the primary subscription representing approximately 98.5
per cent of the shares offered. A total of 7,855,625 shares were subscribed
for in the secondary subscription exceeding by 7,651,574 shares i.e.
approximately 37 times the 204,051 shares available. The gross proceeds raised
by the Company in the rights issue were approximately EUR 59.55 million. 

The Company's Board of Directors has yesterday, 22 May 2008, approved all
primary subscriptions made in the offering carried out between 7 May and 20 May
2008, and decided to approve the subscriptions made by the Company's
shareholders by virtue of the secondary subscription right in proportion to
their holdings on the record date of the offering on 2 May 2008 in accordance
with the terms and conditions of the offering. A shareholder who has exercised
his/her secondary subscription right will receive new shares approximately
three per cent of the holding on the record date of the offering rounded to the
closest entire share, however, not more than the amount he/she subscribed for
in the secondary subscription. 

Shareholders who did not receive any or all the shares subscribed for by virtue
of the secondary subscription right will be repaid the subscription price for
the shares not received to the bank account informed by the shareholder in
connection with the subscription on or about 27 May 2008. No interest will
accrue for the repayable funds. 

The shares subscribed for based on the primary subscription rights have been
subject to public trading on the Official List of the OMX Nordic Exchange
Helsinki Ltd as interim shares as of 21 May 2008. The shares subscribed for in
the rights issue will be registered with the Finnish Trade Register on or about
26 May 2008 after which the interim shares will be combined with the Company's
existing share class on the OMX Nordic Exchange Helsinki Ltd. and will be
admitted to trading as part of the Company's current share class on or about 27
May 2008. 

Following the registration of the new shares with the Trade Register, the
number of the Company's shares will amount to 57,345,341 shares. All shares
subscribed for in the rights issue have been fully paid for. The subscribed
shares will entitle their holders to full dividend (if any) and to all other
rights attached to the shares in the Company as of the registration of the
shares with the Trade Register, on or about 26 May 2008. 


Oulu, May 23, 2008

TECHNOPOLIS PLC

Pertti Huuskonen
President and CEO

For further information, please contact:
Pertti Huuskonen, tel. +358 (0)8 551 3211 or +358 (0)400 680 816

Distribution:
OMX Nordic Exchange Helsinki
Main news media
www.technopolis.fi


This release is not an offer of securities for sale in the United States.
Securities may not be offered or sold in the United States absent registration
under the U.S. Securities Act of 1933, as amended, or an exemption from
registration. Any public offering of securities to be made in the United States
will be made by means of a prospectus that may be obtained from the issuer and
that will contain detailed information about the company and management, as
well as financial statements. The issuer does not intend to conduct a public
offering in the United States or register any part of the offering in the
United States. Copies of this release are not being made and may not be
distributed or sent into the United States, Canada, Japan or Australia.