PUUHARYHMÄ PLC STOCK EXCHANGE RELEASE 6.3.2007 BEGINNING OF RIGHT OF REDEMPTION IN COMPLIANCE WITH THE FINNISH COMPANIES ACT Aspro Ocio S.A. (Aspro) has published today the attached stock exchange release according to which the amount of all Puuharyhmä's shares and the votes attaching to the shares, excluding Puuharyhmä's own shares, that Aspro holds has exceeded nine tenths. Pursuant to Chapter 18, Section 1 of the Finnish Companies Act, Aspro is entitled to redeem the shares in Puuharyhmä that are owned by other shareholders than Aspro. Respectively, the other shareholders of Puuharyhmä have the right to demand Aspro to redeem their Puuharyhmä shares. PUUHARYHMÄ PLC For additional information, please contact: Mr. Erkki Mattila, Chief Executive Officer, tel. +358 500 637 428 DISTRIBUTION Helsinki Exchanges Main media Neither this press release nor any copy of it may be taken, transmitted into or distributed in the United States of America or its territories or possessions. ATTACHMENT STOCK EXCHANGE RELEASE ASPRO OCIO S.A. 6 March 2007. ANNOUNCEMENT REGARDING RIGHT OF REDEMPTION IN COMPLIANCE WITH THE FINNISH COMPANIES ACT Aspro Ocio S.A. (Aspro) holding has increased to a total of 356.888 shares in Puuharyhmä Plc (Puuharyhmä), which represent approximately 90, 3% of all shares and the votes of Puuharyhmä (excluding the own shares held by Puuharyhmä). Aspro is therefore entitled to redeem the remaining shares in Puuharyhmä pursuant to Chapter 18, Section 1 of the Finnish Companies Act, and Aspro shall begin procedures pursuant to the Finnish Companies Act to redeem shares in Puuharyhmä held by other shareholders than Aspro. Aspro will notify on the procedure in more detail later. Aspro will offer a consideration of 95,00 euros per share in the redemption process pursuant to the Finnish Companies Act. This consideration equals to the highest price paid by Asprofor the shares in Puuharyhmä. Puuharyhmä's shareholders considering the sale of shares to Aspro in the redemption procedure are asked to accept the Mandatory Offer pursuant to the Finnish Securities Market Act, which will be published on or around 23 March 2007. The offer period is expected to begin on or around 26 March 2007. Aspro's intention is that Puuharyhmä will apply for the delisting of the Puuharyhmä shares when the ownership of all shares in Puuharyhmä has been transferred to Aspro. Aspro expects this to take place during early summer 2007. ASPRO OCIO S.A. Distribution Puuharyhmä Plc Helsinki Stock Exchange Key media Further information: Aspro Ocio S.A Angel Barrachina, Director responsible for M&A, +34 91 562 5010 This stock exchange release may not be released or distributed in whole or in part in or into the United States of America, Canada, Australia or Japan. The offer is not being made directly or indirectly in or into the United States of America, or by use of the mails or by any means or instrumentality (including without limitation facsimile transmission, telex, telephone and the internet) of interstate or foreign commerce, nor is it being made directly or indirectly in or into Canada, Australia or Japan.
BEGINNING OF RIGHT OF REDEMPTION IN COMPLIANCE WITH THE FINNISH COMPANIES ACT
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