eQ Corporation Stock Exchange Release 12 October 2007 at 1.15 p.m. eQ CORPORATION APPLIES FOR DELISTING (Translation from Finnish language original) Straumur-Burdaras Investment Bank hf. (“Straumur”) currently holds over 97 percent of all the shares in eQ Corporation (“eQ”). Straumur has initiated minority redemption proceedings in accordance with Chapter 18 of the Companies Act to acquire the minority shares in eQ. The Arbitral Tribunal appointed by the Redemption Committee of the Central Chamber of Commerce has, thus far, not confirmed the schedule in the matter. Provided that the Arbitral Tribunal confirms that Straumur's redemption right is clear, Straumur is entitled to gain title to all the shares in eQ by placing a security approved by the Arbitral Tribunal for the payment of the redemption price. The Board of Directors of eQ has resolved to apply for the termination of trading with the eQ shares and for the delisting of the shares from the official list of OMX Nordic Exchange Helsinki Oy (“OMX Helsinki”). An application for delisting has been filed with OMX Helsinki today. In the application eQ requests that the eQ shares be delisted from the official list of OMX Helsinki as soon as possible after Straumur having gained title to all the shares in eQ. eQ Corporation For further information: Antti Mäkinen tel. +358 9 6817 8686 CEO mobile +358 50 561 1501 eQ Corporation e-mail antti.makinen@eQ.fi Distribution: Helsingin Stock Exchange www.eQ.fi Main media