INCREASE IN SPONDA'S SHARE CAPITAL


C-Series bonds under Sponda Plc's Convertible Bond 2000 were converted into 3,000 new shares on 8 September 2005. The corresponding increase in share capital, EUR 3,000, will be recorded in the Trade Register on 27 September 2005, after which Sponda's share capital will total EUR 79,204,275 divided into altogether 79,204,275 shares. The new shares will be admitted for trading on the Helsinki Exchanges along with Sponda's existing shares, carrying equal rights.
 
The new shares carry the right to a dividend for the financial year 2005. The other shareholder rights come into force on the registration date.