Amer Group: Purchase of own shares


During January and February 2001 Amer Group Plc has purchased a total of 331,200 of its own shares, the average price being EUR 26.18 per share.

Amer Group Plc commenced a buy back of its own shares on 10 November 2000, and the total number of shares acquired by the Company amounts to 773,000 the end of February 2001.

On 7 February 2001, the Company's Board of Directors decided to propose to the Annual General Meeting to be held on 7 March 2001 that 633,000 of the shares owned by the Company would be cancelled. The Board also decided to propose a new authorisation to purchase own shares.

AMER GROUP PLC
Communications Dept.

Marja-Leena Simola
Vice President, Communications
Tel. +358 9 7257 8306
Fax +358 9 791 385
E-mail: marja-leena.simola@amer.fi