Technopolis will begin construction of the first stage of a technology center at Ruoholahti in the City of Helsinki. The first stage is 6,600 floor square meters in size and the cost estimate, including parking and plot expenses, will be just over EUR 20 million. It is estimated that the first stage will be completed in the summer of 2008. Oulu, May 3, 2007 TECHNOPOLIS PLC Pertti Huuskonen President and CEO For further information, please contact: Pertti Huuskonen, tel. +358 400 680816 or +358 8 5513213 Distribution: Helsinki Stock Exchange Main news media www.technopolis.fi