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Subscription for Tecnomen shares by exercising stock options

Stock Exchange Release 17 October

After the increase in the number of shares registered on May 30, 2007, a total of 180,000 Tecnomen shares have been subscribed for on the basis of the Tecnomen 2002D stock options. The share subscription price was EUR 1.11 with stock options 2002D. The share subscription prices of the shares have been recorded fully in the invested non-restricted equity fund. After the share subscriptions Tecnomen’s share capital is EUR 4,720,446.24 and the number of the shares is 59,252,078. The shares have no nominal value. 

The increase in the number of shares as a consequence of the made subscriptions has been entered into the Trade Register on October 17, 2007. The shares have been applied for listing on the OMX Nordic Exchange Helsinki Oy together with the old shares as of October 18, 2007.

In terms of shareholder rights, the new shares are identical to the company shares already traded on OMX Nordic Exchange Helsinki Oy as from the registration date.

TECNOMEN CORPORATION

Tuomas Wegelius
CFO

FURTHER INFORMATION
Tuomas Wegelius, tel. +358 9 8047 8650

DISTRIBUTION
OMX Nordic Exchange Helsinki Oy
Principal Media
www.tecnomen.com

About Tecnomen
Tecnomen develops carrier-grade Messaging and Charging systems for telecoms operators and service providers worldwide. Founded in 1978, it is one of the leading suppliers of messaging solutions and has a strong market position in prepaid systems. Tecnomen markets its products and services through its own worldwide organisation, as well as through global and local partners, and has supplied its products to customers in over 60 countries. Headquartered in Espoo, Finland, Tecnomen has 350 employees working in 14 locations. Tecnomen is listed on OMX Nordic Exchange in Helsinki. For more information on Tecnomen visit www.tecnomen.com

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