SPONDA’S OWN SHARES CANCELLED, PRIVILEGED SHARE ISSUE

| Source: Sponda Oy Sponda Oy

Sponda Plc’s share capital was reduced by cancellation of the Company’s own shares on 18 December 2000. The share capital was raised by a privileged issue of new shares on 18 December 2000 in accordance with the decision of the Annual General Meeting on 14 December 2000. 


                         Shares    Share capital

                         No.       FIM



Situation before AGM   78 834 762  394 173 810

Cancelled shares        1 273 200    6 366 000

Registered on

18 december 2000       77 561 562  387 807 810

New shares              4 421 113   22 105 565

Registered on 

18 December 2000       81 982 675  409 913 375