STOCK EXCHANGE RELEASE 4 Apr 1999
NOTICE IN ACCORDANCE WITH THE SECOND CHAPTER § 10 OF THE SECURITIES ACT
NOTICE IN ACCORDANCE WITH THE SECOND CHAPTER § 10 OF THE SECURITIES ACT CONCERNING AN ARRANGEMENT WHICH, WHEN MATERIALIZED, WILL LEAD TO CHANGE IN OWNERSHIP
The Board of Directors of Finvest Oyj resolved on March 3, 1999 to propose to the Annual General Meeting of the Shareholders of Finvest Oyj to be held on March 19, 1999 that Finvest will offer solely to the shareholders of Finvest through sale of shares all 5,803,700 shares of Jaakko Pöyry Group Oyj owned by Finvest Oyj. When materialized, the sale of shares will cause the ownership quota of Finvest Oyj in Jaakko Pöyry Group Oyj to decrease below one tenth of the votes and of the share capital. The sale of shares is subject to the approval by the Annual General Meeting of the Shareholders of Finvest Oyj and the sale will be effected March 31 - April 16, 1999.
Before the sale of shares the quota of Finvest Oyj (8 912) is 42.4 % of all shares and of all votes in Jaakko Pöyry Group Oyj (618 197).
The sale of shares is beneficial to Jaakko Pöyry Group Oyj and its shareholders through expanded shareholder base and, thereby, the increased liquidity of the share.
JAAKKO PÖYRY GROUP OYJ
Additional information by:
Mr. Teuvo Salminen, Executive Vice President Jaakko Pöyry Group Oyj,
tel: +358 9 8947 2872
Mr. Kari Heliö, General Counsel Jaakko Pöyry Group Oyj
tel: + 358 9 8947 2443
Helsinki Stock Exchange