TietoEnator Changes in the Share Capital Registered; Reduction of Share Capital


ESPOO, Finland, March 28, 2002 (PRIMEZONE) -- The Annual General Meeting of TietoEnator Corporation decided to reduce the share capital by EUR 871,060 by nullifying the company's own shares. The reduction of the share capital was registered in the Finnish Trade Register on March 28, 2002.

TietoEnator Warrants Exercised for Share Subscription

After the previous increase in the share capital registered on January 3, 2002, altogether 26 warrants attached to the 1998 Bonds with Warrants had been exercised to subscribe for 156 TietoEnator shares. No shares were subscribed with TietoEnator warrants 1999/2003.

The increase in the share capital, in total 156 Euro was registered in the Finnish Trade Register on March 28, 2002. TietoEnator received as additional shareholders' equity in total 4,595.76 Euro.

The holders of the new shares are entitled to all shareholders' rights from the registration date. The new shares will be listed at the Helsinki Exchanges together with the old shares on April 3, 2002.


 Subscription of shares/warrants 1998:
 January 2, 2002 - March 26, 2002      156

 Remaining warrants and new shares
 Trading code            TIE1VEW298
 Round lot               10
 ISIN code               FI0009600449
 Number of warrants      199,894
 Number of new shares    1,199,364

 Subscription of shares/warrants 1999/2003:
 January 2, 2002 - March 14, 2002      0

 Remaining warrants and new shares
 Trading code            TIEN TO (quoted at the Stockholm Stock
                                   Exchange)
 Round lot               50
 ISIN code               FI0009600753
 Number of warrants      212,868
 Number of new shares    212,868

As a result of the reduction and the increase of the share capital, the share capital of TietoEnator is now 82,886,444 Euro and the total number of shares is 82,886,444.

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