The Board of Directors of Evox Rifa Group Oyj ("Evox") resolved on 5 June 2007, in accordance with the terms and conditions of the Convertible Capital Loan issued by the Company on 28 February 2005, to change the conversion period for the loan notes issued under the Convertible Capital Loan so as to expire on 30 June 2007. By the expiry of the conversion period loan note holders, who in the aggregate hold 2,019 loan notes with a nominal value of EUR 100 each, have notified Evox of their decision to convert the loan notes into shares in accordance with the terms and conditions of the Convertible Capital Loan. Pursuant to the conversion notices the Board of Directors of Evox has on 5 July 2007 resolved to approve the subscription of 1,514,250 new shares by virtue of the loan notes at a conversion rate of EUR 0.1333 (not an exact value) per share. As a result of the share subscriptions the share capital of Evox will be increased by EUR 75,712.50. After the increase the share capital of Evox amounts to EUR 8,384,113.40 and the total amount of issued shares is 179,670,268 shares. The increase in the share capital is expected to be entered into the Trade Register on or about 17 July 2007 and the new shares are expected to be admitted to public trading together with the Company's existing shares on or about 18 July 2007. In Espoo this 6th day of July 2007 Evox Rifa Group Oyj Kirk D. Shockley Managing Director For further information, please contact: Evox Rifa Group Oyj, Mr. Juhani Pöhö, CFO, tel. (09) 5406 5011. DISTRIBUTION Helsinki Stock Exchange Central media
SUBSCRIPTION OF SHARES IN EVOX RIFA GROUP OYJ BY VIRTUE OF THE CONVERTIBLE CAPITAL LOAN
| Source: Evox Rifa Group