Trimble has to date reached over 90 percent of shares in Tekla; tender offer period extended to allow further acceptances

 | Quelle: Tekla Tekla 

Tekla Corporation            Stock exchange release      June 17, 2011
                                         at 5:45 p.m.



Trimble has to date reached over 90 percent of shares in Tekla; tender offer
period extended to allow further acceptances



Tekla Corporation has today received the following release from Trimble Finland
Oy:


Trimble Finland Oy                                      Release
                                       17 June 2011 at 5:00 p.m.


TRIMBLE HAS TO DATE REACHED OVER 90 PERCENT OF SHARES IN TEKLA; TENDER OFFER
PERIOD EXTENDED TO ALLOW FURTHER ACCEPTANCES

The offer period in the public tender offer by Trimble Finland Oy ("Trimble
Finland"), a wholly owned indirect subsidiary of Trimble Navigation Limited, for
all of the issued and outstanding shares in Tekla Corporation ("Tekla") that are
not owned by Tekla (the "Tender Offer") is scheduled to expire today on 17 June
2011.

The shares tendered in the Tender Offer so far represent over ninety per cent of
all the shares and votes in Tekla. In order to give those shareholders of Tekla
that have not yet tendered their shares a possibility to still accept the Tender
Offer and receive payment for their shares upon completion of the Tender Offer
Trimble Finland extends the Tender Offer period so that the extended offer
period expires on 27 June 2011 at 8:00 p.m. Finnish time. Subject to all
conditions of the Tender Offer being fulfilled after the expiration of the
extended offer period, the intention of Trimble Finland is to complete the
Tender Offer upon expiration of the extended offer period.

The Board of Directors of Tekla may decide to pay a distribution of up to EUR
18,000,000 in the aggregate based on the authorization of the company's annual
general meeting held on 6 April 2011. In the event that the Board of Directors
resolves to distribute a dividend pursuant hereto, the dividend paid or other
assets distributed will, pursuant to the terms and conditions of the Tender
Offer, be deducted from the offer price.



Trimble Navigation Limited                                        Trimble
Finland Oy





Further information:

Björn Johansson, Lazard AB, +46 8 442 5410

Steven Berglund, Trimble Navigation Limited, + 1 408 481 8000



Distribution:

NASDAQ OMX Helsinki Ltd., principal media, www.tekla.com


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