Amer Group: Exercise of 1998 warrants


A total of 48,450 Amer Group Plc shares have been subscribed for as a result of an exercise of its 1998 A/B/C warrants. The corresponding increase in the Company's share capital amounting to EUR 193,800 was registered on 28 November 2003. As a result of this increase, Amer Group Plc's share capital now totals EUR 97,814,080 and the total number of shares in issue is 24,453,520.

Shareholder rights commence from the registration date. The new shares will be listed on the Helsinki Exchanges on 1 December 2003 and will also be listed on the London Stock Exchange.