Stonesoft Oyj (hereinafter "Stonesoft") and Intel Corporation have on 6 May 2013 disclosed that Stonesoft and McAfee, Inc. (hereinafter "McAfee") have on 5 May 2013 entered into a Combination Agreement under which they agree to combine the operations of Stonesoft and McAfee. In order to effect the combination, McAfee Suomi Funding LLC (the "Offeror"), an affiliate of McAfee and a wholly-owned indirect subsidiary of Intel Corporation, is making a voluntary public tender offer to purchase all of the issued and outstanding shares in Stonesoft and option rights that are not owned by Stonesoft or any of its subsidiaries (the "Tender Offer").

Pursuant to the press release of Intel Corporation published today, the acceptance period under the Tender Offer will commence on 21 May 2013 at 9:30 a.m. Finnish time and expire on 11 June 2013 at 4:00 p.m. Finnish time. The Offeror reserves the right to extend the acceptance period in accordance with the terms and conditions of the Tender Offer.

Pursuant to the press release of Intel Corporation published today, the Finnish Financial Supervisory Authority has today approved the tender offer document relating to the Tender Offer (hereinafter the "Tender Offer Document"). The Tender Offer Document will be available from 20 May 2013 onwards in the Finnish language at the branch offices of the cooperative banks belonging to the OP-Pohjola Group and Helsinki OP Bank Plc and at NASDAQ OMX Helsinki, Fabianinkatu 14, FI-00130 Helsinki, Finland, and on the internet at www.op.fi/merkinta and www.stonesoft.com, and in the English language on the internet at www.op.fi/merkinta and www.stonesoft.com.

The press release of Intel Corporation referred to above, including also the detailed terms and conditions of the Tender Offer, is attached as Appendix 1 in its entirety to this stock exchange release.

STONESOFT CORPORATION
Ilkka Hiidenheimo
CEO

APPENDIX 1: Press release of Intel Corporation 16 May 2013
Additional information:

Ilkka Hiidenheimo,CEO
Stonesoft Corporation
tel. +358 (0)9 476 711
e-mail: ilkka.hiidenheimo@stonesoft.com

Distribution:

NASDAQ OMX Helsinki Ltd
www.stonesoft.com


APPENDIX 1: Press release of Intel Corporation 16 May 2013

INTEL CORPORATION PRESS RELEASE 16 May 2013 at 3.00 P.M.

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, CANADA, JAPAN, AUSTRALIA, SOUTH AFRICA, HONG KONG OR IN ANY OTHER JURISDICTION IN WHICH THE TENDER OFFER WOULD BE PROHIBITED BY APPLICABLE LAW.

MCAFEE WILL COMMENCE THE VOLUNTARY PUBLIC TENDER OFFER FOR ALL THE SHARES AND OPTION RIGHTS IN STONESOFT ON 21 MAY 2013

As announced on 6 May 2013, McAfee, Inc. ("McAfee") and Stonesoft Oyj ("Stonesoft" or the "Company") have on 5 May 2013 entered into a Combination Agreement under which they agree to combine the operations of McAfee and Stonesoft. In order to effect the combination, McAfee Suomi Funding LLC (the "Offeror"), an affiliate of McAfee and a wholly-owned indirect subsidiary of Intel Corporation ("Intel"), is making a voluntary public tender offer to purchase all of the issued and outstanding shares in Stonesoft ("Shares") and option rights granted under Stonesoft's option plans 2008 and 2012 ("Option Rights") that are not owned by Stonesoft or any of its subsidiaries (the "Tender Offer").

The Finnish Financial Supervisory Authority has today approved the tender offer document relating to the Tender Offer (the "Tender Offer Document"). The acceptance period under the Tender Offer will commence on 21 May 2013 at 9:30 am Finnish time and expire on 11 June 2013 at 4:00 pm Finnish time (the "Offer Period"). The Offeror reserves the right to extend the Offer Period from time to time in accordance with the terms and conditions of the Tender Offer.

The price offered for each Share validly tendered in the Tender Offer will be EUR 4.50 in cash (the "Share Offer Price"), representing a premium of approximately 142 percent compared to the volume-weighted average trading price of the Stonesoft shares on NASDAQ OMX Helsinki during the 12-month period preceding the date of the announcement of the Tender Offer, a premium of approximately 106 percent compared to the volume-weighted average trading price during the 3-month period preceding the announcement of the Tender Offer, and a premium of approximately 128 percent compared to the closing price of the shares on NASDAQ OMX Helsinki on 3 May 2013, the last trading day before the announcement of the Tender Offer.

The price offered for each Option Right validly tendered in the Tender Offer will be EUR 4.20 in cash for each 2008A option right, EUR 4.20 in cash for each 2008B option right, EUR 4.20 in cash for each 2008C option right, EUR 4.20 in cash for each 2008D option right, EUR 3.08 in cash for each 2012A option right, EUR 2.19 in cash for each 2012B option right and EUR 2.19 in cash for each 2012C option right (jointly the "Option Offer Price").

Shareholders representing approximately 34.7 percent of the Shares (the "Major Shareholders") have undertaken irrevocably and unconditionally to accept the Tender Offer. The Board of Directors of Stonesoft has received a fairness opinion dated 5 May 2013 from Stonesoft's financial advisor UBS Limited stating that, as of the date of the opinion, the consideration to be received by the holders of the Shares and the Option Rights pursuant to the terms of the Tender Offer is believed to be fair, from a financial point of view, to such holders. The Board of Directors of Stonesoft recommends that the shareholders and holders of Option Rights accept the Tender Offer.

The Tender Offer Document will be available from 20 May 2013 onwards in the Finnish language at the branch offices of the cooperative banks belonging to the OP-Pohjola Group and Helsinki OP Bank Plc and at NASDAQ OMX Helsinki, Fabianinkatu 14, FI-00130 Helsinki, Finland, and on the internet at www.op.fi/merkinta and www.stonesoft.com, and in the English language on the internet at www.op.fi/merkinta and www.stonesoft.com.

Most of the Finnish book-entry account operators will send a notification of the Tender Offer, including instructions and the relevant acceptance form to their customers who are registered as shareholders in the shareholders' register of Stonesoft maintained by Euroclear Finland Ltd. ("Euroclear") or who are holders of Option Rights. Shareholders or holders of Option Rights who do not receive such notification from their account operator or asset manager can contact any branch office of the cooperative banks belonging to the OP-Pohjola Group or Helsinki OP Bank Plc where such shareholders or holders of Option Rights shall receive necessary information and can give their acceptance.

A shareholder in Stonesoft who is registered as a shareholder in the shareholders' register of Stonesoft or a holder of Option Rights who wishes to accept the Tender Offer shall submit a properly completed and duly executed acceptance form to the account operator managing the holder's book-entry account in accordance with its instructions and within the time limit set by the account operator or, in the case such account operator does not accept acceptance forms (e.g. Euroclear), such shareholder or holder of Option Rights shall contact any branch office of the cooperative bank belonging to the OP-Pohjola Group or Helsinki OP Bank Plc to give his/her acceptance to tender the Shares or Option Rights.

A shareholder or holder of Option Rights in Stonesoft whose Shares or Option Rights are registered in the name of a nominee and who wishes to accept the Tender Offer shall affect such acceptance in accordance with the nominee's instructions.

The completion of the Tender Offer will be subject to the satisfaction or waiver by the Offeror of certain conditions to completion in accordance with the terms and conditions of the Tender Offer.

As permitted under Finnish law, the Offeror may purchase Shares in Stonesoft also on NASDAQ OMX Helsinki or otherwise prior to the expiry of the Offer Period or any extended Offer Period, as the case may be, at a price not exceeding the Share Offer Price. The Offeror may also, as permitted under Finnish law, purchase Option Rights in Stonesoft prior to the expiry of the Offer Period or any extended Offer Period at a price not exceeding the relevant Option Offer Price.

The Offeror will announce the preliminary result of the Tender Offer on or about the first (1st) Finnish banking day following the expiry of the Offer Period or, if applicable, the extended or discontinued Offer Period, and will announce the final result on or about the third (3rd) Finnish banking day following the expiry of the Offer Period or, if applicable, the extended or discontinued Offer Period. The announcement of the final result will dummy (i) the percentage of the Shares and Option Rights that have been validly tendered and not properly withdrawn and (ii) whether the Tender Offer will be completed.

The detailed terms and conditions of the Tender Offer have been enclosed in their entirety as an annex to this release (Annex 1).

Goldman Sachs International acts as the financial advisor to McAfee and the Offeror. Roschier, Attorneys Ltd. acts as Finnish legal advisor and Morrison & Foerster LLP as U.S. legal advisor to McAfee, Intel and the Offeror in connection with the Tender Offer. Pohjola Corporate Finance Oy acts as the arranger of the Tender Offer.

UBS Limited acts as the financial advisor and Bird & Bird Attorneys Ltd. as the legal advisor to Stonesoft in connection with the Tender Offer.

16 May 2013

Intel Corporation

Annex 1: Terms and conditions of the Tender Offer For further information, please contact:

Tracy Ross, Director, Public Relations, McAfee, Inc., tracy_ross@mcafee.com, tel. +1 408 346 3745

Trey Campbell, Investor Relations, Intel Corporation, trey.s.campbell@intel.com, tel. +1 503 696 0431

INFORMATION REGARDING MCAFEE, INC.

McAfee, a wholly owned subsidiary of Intel Corporation (NASDAQ:INTC), empowers businesses, the public sector, and home users to safely experience the benefits of the Internet. The company delivers proactive and proven security solutions and services for systems, networks, and mobile devices around the world. With its Security Connected strategy, innovative approach to hardware-enhanced security, and unique Global Threat Intelligence network, McAfee is relentlessly focused on keeping its customers safe. http://www.mcafee.com.

INFORMATION REGARDING INTEL CORPORATION

Intel Corporation (NASDAQ: INTC) is a world leader in computing innovation. The company designs and builds the essential technologies that serve as the foundation for the world's computing devices. Additional information about Intel Corporation is available at www.intel.com/pressroom and blogs.intel.com.

INFORMATION REGARDING STONESOFT OYJ

Stonesoft Corporation (NASDAQ OMX: SFT1V) delivers software based, dynamic, customer-driven cyber security solutions that secure information flow and simplify security management. Stonesoft serves private and public sector organizations that require high availability, ease-of-management, compliance, dynamic security, protection of critical digital assets, and business continuity against today's rapidly evolving cyber threats. Stonesoft leads research into advanced cyber threats and the advanced evasion techniques (AETs) used in stealth, targeted cyber attacks.

The company's product portfolio is based on one unified Security Engine software platform that is the power behind Stonesoft's next generation firewalls, evasion prevention systems, and SSL VPN solutions. The Security Engine back-end is augmented by the Stonesoft Management Center front-end, which enables efficient management of entire networks and brings excellent situational awareness and operational cost savings.

Stonesoft's customer base covers more than 6,500 mid and large-sized organizations across various industries and geographical markets. Stonesoft has the highest customer retention rate in the industry due to low TCO, a flexible licensing model, and overall customer service excellence. Founded in 1990, the company's track record is well recognized and visionary by certifiers, industry analysts and demanding customers. Stonesoft is headquartered in Helsinki, Finland. For more information visit www.stonesoft.com.

THIS RELEASE MAY NOT BE RELEASED OR OTHERWISE DISTRIBUTED, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES, CANADA, JAPAN, AUSTRALIA, SOUTH AFRICA OR HONG KONG OR IN ANY OTHER JURISDICTION IN WHICH THE TENDER OFFER WOULD BE PROHIBITED BY APPLICABLE LAW.

THIS RELEASE IS NOT A TENDER OFFER DOCUMENT AND AS SUCH DOES NOT CONSTITUTE AN OFFER OR INVITATION TO MAKE A SALES OFFER. INVESTORS SHALL ACCEPT THE TENDER OFFER FOR THE SHARES AND OPTION RIGHTS ONLY ON THE BASIS OF THE INFORMATION PROVIDED IN A TENDER OFFER DOCUMENT. OFFERS WILL NOT BE MADE DIRECTLY OR INDIRECTLY IN ANY JURISDICTION WHERE EITHER AN OFFER OR PARTICIPATION THEREIN IS PROHIBITED BY APPLICABLE LAW OR WHERE ANY TENDER OFFER DOCUMENT OR REGISTRATION OR OTHER REQUIREMENTS WOULD APPLY IN ADDITION TO THOSE UNDERTAKEN IN FINLAND.

THE TENDER OFFER IS NOT BEING MADE DIRECTLY OR INDIRECTLY IN ANY JURISDICTION WHERE PROHIBITED BY APPLICABLE LAW AND, WHEN PUBLISHED, THE TENDER OFFER DOCUMENT AND RELATED ACCEPTANCE FORMS MAY NOT AND WILL NOT BE DISTRIBUTED, FORWARDED OR TRANSMITTED INTO OR FROM ANY JURISDICTION WHERE PROHIBITED BY APPLICABLE LAW. IN PARTICULAR, THE TENDER OFFER IS NOT BEING MADE, DIRECTLY OR INDIRECTLY, IN OR INTO, OR BY USE OF THE POSTAL SERVICE OF, OR BY ANY MEANS OR INSTRUMENTALITY (INCLUDING, WITHOUT LIMITATION, FACSIMILE TRANSMISSION, TELEX, TELEPHONE OR THE INTERNET) OF INTERSTATE OR FOREIGN COMMERCE OF, OR ANY FACILITIES OF A NATIONAL SECURITIES EXCHANGE OF, THE UNITED STATES, CANADA, JAPAN, AUSTRALIA, SOUTH AFRICA OR HONG KONG. THE TENDER OFFER CANNOT BE ACCEPTED BY ANY SUCH USE, MEANS OR INSTRUMENTALITY OR FROM WITHIN THE UNITED STATES, CANADA, JAPAN, AUSTRALIA, SOUTH AFRICA OR HONG KONG.

GOLDMAN SACHS INTERNATIONAL, WHICH IS AUTHORISED BY THE PRUDENTIAL REGULATION AUTHORITY AND REGULATED BY THE FINANCIAL CONDUCT AUTHORITY AND THE PRUDENTIAL REGULATION AUTHORITY IN THE UNITED KINGDOM, IS ACTING FOR MCAFEE AND THE OFFEROR AND NO ONE ELSE IN CONNECTION WITH THE TENDER OFFER AND WILL NOT BE RESPONSIBLE TO ANYONE OTHER THAN MCAFEE AND THE OFFEROR FOR PROVIDING THE PROTECTIONS AFFORDED TO CLIENTS OF GOLDMAN SACHS INTERNATIONAL, OR FOR GIVING ADVICE IN CONNECTION WITH THE TENDER OFFER OR ANY MATTER REFERRED TO HEREIN.

Annex 1: TERMS AND CONDITIONS OF THE TENDER OFFER

Object of the Tender Offer

Through the Tender Offer, the Offeror offers to acquire all of the issued and outstanding Shares and Option Rights in the Company, that are not held by Stonesoft or any of its subsidiaries, on the terms and subject to the conditions set forth below.

According to the terms and conditions of the Option Rights, the Option Rights are freely transferable when the relevant share subscription period has begun. The Board of Directors of Stonesoft may, however, permit the transfer of the Option Rights also before such date and, under the Combination Agreement, the Board of Directors of Stonesoft has undertaken to grant a permission to the holders of Option Rights to transfer the Option Rights to the Offeror by accepting the Tender Offer and tendering the Option Rights into the Tender Offer.

Offer Price

The Share Offer Price for each Share validly tendered in accordance with the terms and conditions of the Tender Offer is EUR 4.50 in cash.
The Option Offer Price for each Option Right validly tendered in accordance with the terms and conditions of the Tender Offer is as follows: EUR 4.20 in cash for each 2008A option right, EUR 4.20 in cash for each 2008B option right, EUR 4.20 in cash for each 2008C option right, EUR 4.20 in cash for each 2008D option right, EUR 3.08 in cash for each 2012A option right, EUR 2.19 in cash for each 2012B option right and EUR 2.19 in cash for each 2012C option right.

Offer Period

The Offer Period commences on 21 May 2013 at 9:30 am (Finnish time) and expires on 11 June 2013 at 4:00 pm (Finnish time), unless the Offer Period is extended as set forth below.

The Offeror may extend the Offer Period as described below. The Offeror will give notice of the possible extension of the Offer Period by a press release at the latest on 12 June 2013. The Offeror will give notice of a possible extension of an already extended Offer Period at the latest on the first Finnish banking day following the expiry of the extended Offer Period.

If the Offeror extends the Offer Period, the Offer Period will expire on the date and at the time to which the Offeror extends the Offer Period unless the extended Offer Period is discontinued as set forth below. The maximum duration of the Offer Period (including any extended Offer Period) is ten (10) weeks. However, if the Conditions to Completion (as defined below) have not been fulfilled due to a particular obstacle such as, for example, pending approval by the Ministry of Employment and the Economy, the Offeror may extend the Offer Period beyond ten (10) weeks until such obstacle has been removed and the Offeror has had a reasonable time to respond to the situation. The date of the expiry of the extended Offer Period will in such case be published at least two (2) weeks before such expiry. Further, any Subsequent Offer Period (as defined below) may extend beyond ten (10) weeks.

The Offeror may discontinue any extended Offer Period should all the Conditions to Completion be fulfilled or waived by the Offeror before the expiry of the extended Offer Period and execute the sale and purchase of the Shares and Option Rights validly tendered and not properly withdrawn in accordance with sections 1.9 and 1.10 below. Should the Offeror discontinue the extended Offer Period, the Offeror will announce its decision thereon as soon as possible after such decision has been made and in any case at least two (2) weeks before the expiry of the extended Offer Period to be discontinued. If the Offeror discontinues the extended Offer Period, the extended Offer Period will expire on such earlier date and at the time indicated in such announcement made by the Offeror.

The Offeror also reserves the right to extend the Offer Period in connection with the announcement of the final result of the Tender Offer as set forth in section 1.8 (such extended Offer Period shall be referred to as the "Subsequent Offer Period"). In the event of such Subsequent Offer Period, the Subsequent Offer Period will expire on the date and at the time determined by the Offeror in the final result announcement. The expiration of a Subsequent Offer Period will be announced at least two (2) weeks before the expiration of such Subsequent Offer Period.

Conditions to Completion of the Tender Offer

The obligation of the Offeror to accept the Shares and Option Rights validly tendered and to complete the Tender Offer shall be subject to the satisfaction or, to the extent permitted by applicable law, waiver by the Offeror of the following conditions ("Conditions to Completion") on or prior to the date of the Offeror's announcement of the final result of the Tender Offer:

1) the valid tender of Shares representing, with any other Shares otherwise acquired by the Offeror prior to or during the Offer Period, more than ninety (90) percent of the issued and outstanding Shares and voting rights of the Company on a fully diluted basis (i.e. taking into consideration the effect of the conversion of any and all Option Rights into shares in the Company);
2) the receipt of all necessary regulatory approvals, permits and consents, including without limitation competition clearances (if any) and approval under the Act on Monitoring Foreign Acquisitions (laki ulkomaalaisten yritysostojen seurannasta, 172/2012) by the Finnish Ministry of Employment and the Economy or the Finnish Government, as applicable, and that any conditions set forth in such permits, consents or clearances, including, but not limited to, any requirements for the disposal of any assets of the Offeror, McAfee or the Company or any reorganization of the business of the Offeror, McAfee or the Company, are acceptable to the Offeror in that they are not materially adverse to the Offeror or the Company or to the consummation of the Tender Offer, or to the benefits of the Tender Offer to the Offeror and McAfee;
3) no Material Adverse Change (as defined below) having occurred after the date of the signing of the Combination Agreement;
4) the Offeror not, after the date of the signing of the Combination Agreement, having received information previously undisclosed to it that constitutes a Material Adverse Change (as defined below);
5) no court or regulatory authority of competent jurisdiction having given an order or issued any regulatory action preventing, postponing or materially challenging the completion of, the Tender Offer;
6) the Board of Directors of the Company having issued a recommendation to the shareholders and holders of the Option Rights to accept the Tender Offer and such recommendation remaining in force and not being modified or changed;
7) the Combination Agreement not having been terminated and remaining in force; and
8) the undertaking by each of the Major Shareholders to accept the Tender Offer remaining in force in accordance with its terms.

"Material Adverse Change" means

(A) any divestment or reorganization of any material part or asset of the Company or its material subsidiaries, taken as a whole; or
(B) any event, condition, circumstance, development, occurrence, change, effect or fact (any such item an "Effect") that individually or in the aggregate, has, results in or would reasonably be expected to have or result in a material adverse effect on the business, assets, financial condition or results of operations of the Company and its material subsidiaries, taken as a whole, excluding:
(i) any Effect in political, financial, industry, economic or regulatory conditions generally, so long as such Effect does not have a disproportionate effect on the Company relative to other industry participants, or the ability of the Company to consummate the transactions contemplated hereby in a timely manner; or

(ii) any Effect resulting from any actions taken by the Company at the express request or direction of the Offeror or McAfee;

(iii) any Effect resulting from or caused by natural disasters, outbreak of major hostilities or any act of war or terrorism so long as such Effect does not have a disproportionate effect on the Company relative to other industry participants;

(iv) any failure, in and of itself, by the Company to meet third party projections or forecasts or any published third party revenue or earnings projections for any period (but not, in each case, the underlying cause of such failure unless such underlying cause would otherwise be excluded from this definition); or

(v) any Effect attributable to (x) an act or omission carried out or omitted by the Offeror in connection with the Tender Offer or (y) the Tender Offer (for the sake of clarity, including but not limited to Effects arising out of the announcement of, entry into, pendency of, anticipated completion of actions required or contemplated by or performance of obligations under, the Combination Agreement and the transactions contemplated thereby or the identity of the Parties to the Combination Agreement, including any termination of, reduction in or similar adverse impact on relationships, contractual or otherwise, with any customers, suppliers, distributors, partners or employees of the Company and its material subsidiaries relating thereto).

For the sake of clarity, under no circumstances shall any Material Adverse Change be deemed to exist, to the extent the risks, facts, matters, circumstances, developments, occurrences, changes, effects or events causing the claimed Material Adverse Change have been publicly disclosed (including in any publicly disclosed annual or interim reports) or otherwise disclosed in the due diligence information provided to the Offeror and McAfee by or on behalf of the Company, in either case, prior to the date of the signing of the Combination Agreement.

The Offeror reserves the right to waive, to the extent permitted by applicable law, any of the Conditions to Completion that have not been satisfied.

Obligation to increase the Tender Offer or to pay compensation

The Offeror reserves the right to acquire Shares also in public trading on NASDAQ OMX Helsinki or otherwise during the Offer Period (including any extension thereof) and any Subsequent Offer Period. The Offeror also reserves the right to acquire Option Rights outside the Tender Offer during the Offer Period (including any extension thereof) and any Subsequent Offer Period.

If the Offeror or any party referred to Chapter 11, Section 5 of the Finnish Securities Market Act acquires, before the expiry of the Offer Period, Shares or Option Rights at a higher price than the Share Offer Price or the Option Offer Price or otherwise on terms that are more favorable than those of the Tender Offer, the Offeror must according to Chapter 11, Section 25 of the Finnish Securities Market Act amend the terms and conditions of the Tender Offer to correspond to this acquisition on more favorable terms (obligation to increase the offer). The Offeror shall then, without delay, make public the triggering of the obligation to increase the offer and pay, in connection with the completion of the Tender Offer, the difference between the acquisition on more favorable terms and the consideration offered in the Tender Offer to the holders of securities who have accepted the Tender Offer.

If the Offeror or any party referred to in Chapter 11, Section 5 of the Finnish Securities Market Act acquires, during the nine (9) months following the expiry of the Offer Period, Shares or Option Rights at a higher price than the Share Offer Price or the Option Offer Price or otherwise on terms that are more favorable than those of the Tender Offer, the Offeror must according to Chapter 11, Section 25 of the Finnish Securities Market Act compensate those holders of securities who have accepted the Tender Offer for the amount equal to the difference between the acquisition on more favorable terms and the consideration offered in the Tender Offer (obligation to compensate). The Offeror shall then, without delay, make public the triggering of the obligation to compensate and pay the difference between the acquisition on more favorable terms and the consideration offered in the Tender Offer within one month after the triggering of the obligation to compensate to the holders of securities who have accepted the Tender Offer.

According to Chapter 11, Section 25, Subsection 5 of the Finnish Securities Market Act, the obligation to compensate shall, however, not be triggered in case the payment of a higher price than the Share Offer Price (or the Option Offer Price) is based on an arbitral award pursuant to the Finnish Companies Act, provided that the Offeror or any party referred to in Chapter 11, Section 5 of the Finnish Securities Market Act has not offered to acquire Shares (or Option Rights) on terms that are more favourable than those of the Tender Offer before or during the arbitral proceedings.

Acceptance Procedure of the Tender Offer

The Tender Offer must be accepted separately for each book-entry account. A shareholder and holder of Option Rights of the Company must have a cash account in a financial institution operating in Finland. A shareholder or a holder of Option Rights may only accept the Tender Offer unconditionally and for every Share and Option Right on the book-entry account mentioned in the acceptance form on the date of the execution of the sale and purchase of the Shares of the shareholder or of the Option Rights of the holder of the Option Rights. Acceptance given during the Offer Period is effective also until the end of any extended Offer Period or any discontinued extended Offer Period.

Shares

Most of the Finnish book-entry account operators will send a notification of the Tender Offer, including instructions and the relevant acceptance form to their customers who are registered as shareholders in the shareholders' register of the Company maintained by Euroclear Finland Ltd. ("Euroclear"). Shareholders who do not receive such notification from their account operator or asset manager can contact any branch office of the cooperative banks belonging to the OP-Pohjola Group or Helsinki OP Bank Plc where such shareholders shall receive necessary information and can give their acceptance.

A shareholder in the Company whose shareholdings are registered in the name of a nominee and who wishes to accept the Tender Offer shall affect such acceptance in accordance with the nominee's instructions.

Pledged Shares may only be tendered with the consent of the relevant pledgee. The obtaining of such consent shall be the responsibility of the relevant shareholder in the Company. The consent by the pledgee shall be delivered in writing to the account operator.

A shareholder in the Company who is registered as a shareholder in the shareholders' register of the Company and who wishes to accept the Tender Offer shall submit a properly completed and duly executed acceptance form to the account operator managing the shareholder's book-entry account in accordance with its instructions and within the time limit set by the account operator or, in the case such account operator does not accept acceptance forms (e.g. Euroclear), such shareholder shall contact any branch office of the cooperative bank belonging to the OP-Pohjola Group or Helsinki OP Bank Plc to give his/her acceptance to tender the Shares. The acceptance form shall be submitted so that it is received during the Offer Period or, if the Offer Period has been extended, during such extended Offer Period, however, always in accordance with the instructions of the relevant account operator. In the event of a Subsequent Offer Period, the acceptance form shall be submitted so that it is received during the Subsequent Offer Period, however, always in accordance with the instructions of the relevant account operator.

The method of delivery of acceptance forms is at the shareholder's option and risk, and the delivery will be deemed made only when actually received by such account operator or cooperative bank belonging to the OP-Pohjola Group or Helsinki OP Bank Plc. The Offeror may also reject any partial tender of the Shares. The Offeror reserves the right to reject any acceptance given in an incorrect or incomplete manner. The Offeror may also reject any partial tender of the Shares.

By accepting the Tender Offer, the shareholders of the Company authorize Pohjola Pankki Plc ("Pohjola Pankki") or a party authorized by Pohjola Pankki or the account operator managing the shareholder's book-entry account to enter a transfer restriction or a sales reservation on the shareholder's book-entry account after the shareholder has delivered their acceptance of the Tender Offer. In addition, the shareholder who have accepted the Tender Offer authorize Pohjola Pankki or a party authorized by Pohjola Pankki or the account operator managing the shareholder's book-entry account to perform the necessary entries and to take all other actions required to technically execute the Tender Offer and to sell all the Shares owned by such shareholder at the time of the execution trades under the Tender Offer to the Offeror in accordance with the terms and conditions of the Tender Offer.

A shareholder that has validly accepted the Tender Offer and that has not properly withdrawn its acceptance in accordance with the terms and conditions of the Tender Offer may not sell or otherwise dispose of its tendered Shares. A transfer restriction in respect of the Shares will be registered in the relevant book-entry account after a shareholder has submitted the acceptance for the Tender Offer. If the Tender Offer is not completed or if the tender is properly withdrawn by the shareholder in accordance with the terms and conditions of the Tender Offer, the transfer restriction registered on the tendered Shares in the relevant book-entry account will be removed as soon as possible and within approximately three (3) Finnish banking days following the announcement that the Tender Offer will not be completed or the receipt of a notice of withdrawal in accordance with the terms and conditions of the Tender Offer.

Option Rights

Most of the Finnish book-entry account operators will send a notification of the Tender Offer, including instructions and the relevant acceptance form to their customers who are holders of Option Rights who are registered in the shareholders' register of the Company maintained by Euroclear. Holders of Option Rights who do not receive such notification from their account operator or asset manager can contact any branch office of the cooperative banks belonging to the OP-Pohjola Group or Helsinki OP Bank Plc where such holders of Option Rights shall receive necessary information and can give their acceptance.

Holders of Option Rights whose holdings are registered in the name of a nominee and who wishes to accept the Tender Offer shall affect such acceptance in accordance with the nominee's instructions.

Pledged Option Rights may only be tendered with the consent of the relevant pledgee. The obtaining of such consent shall be the responsibility of the relevant holder of Option Rights. The consent by the pledgee shall be delivered in writing to the account operator.

A holder of Option Rights who wishes to accept the Tender Offer shall submit a properly completed and duly executed acceptance form to the account operator managing the holder's book-entry account in accordance with its instructions and within the time limit set by the account operator or, in the case such account operator does not accept acceptance forms (e.g. Euroclear), such holder of Option Rights shall contact any branch office of the cooperative bank belonging to the OP-Pohjola Group or Helsinki OP Bank Plc to give his/her acceptance to tender the Option Rights. The acceptance form shall be submitted so that it is received during the Offer Period or, if the Offer Period has been extended, during such extended Offer Period, however, always in accordance with the instructions of the relevant account operator. In the event of a Subsequent Offer Period, the acceptance form shall be submitted so that it is received during the Subsequent Offer Period, however, always in accordance with the instructions of the relevant account operator.

The method of delivery of acceptance forms is at the option and risk of the holder of Option Rights, and the delivery will be deemed made only when actually received by such account operator or a cooperative bank belonging to the OP-Pohjola Group or Helsinki OP Bank Plc. The Offeror reserves the right to reject any acceptance given in an incorrect or incomplete manner. The Offeror may also reject any partial tender of the Option Rights.

By accepting the Tender Offer, the holder of Option Rights authorizes Pohjola Pankki or a party authorized by Pohjola Pankki or the account operator managing the holder's book-entry account to enter a transfer restriction or a sales reservation after the holder of Option Rights has delivered its acceptance of the Tender Offer. In addition, the holder of Option Rights who has accepted the Tender Offer authorizes Pohjola Pankki or a party authorized by Pohjola Pankki or the account operator managing the holder's book-entry account to perform the necessary entries and to all other actions required to technically execute the Tender Offer and to sell all the Option Rights owned by such holder of Option Rights at the time of the execution trades under the Tender Offer to the Offeror in accordance with the terms and conditions of the Tender Offer.

A holder of Option Rights that has validly accepted the Tender Offer and that has not properly withdrawn its acceptance in accordance with the terms and conditions of the Tender Offer may not sell or otherwise dispose of its tendered Option Rights. A transfer restriction in respect of the Option Rights will be registered in the relevant book-entry account after a holder of Option Rights has submitted the acceptance for the Tender Offer. If the Tender Offer is not completed or if the tender is properly withdrawn by the holder of Option Rights in accordance with the terms and conditions of the Tender Offer, the transfer restriction registered on the tendered Option Rights in the relevant book-entry account will be removed as soon as possible and within approximately three (3) Finnish banking days following the announcement that the Tender Offer will not be completed or the receipt of a notice of withdrawal in accordance with the terms and conditions of the Tender Offer.

Withdrawal Rights

In accordance with the Chapter 11, Section 16, Subsection 1 of the Finnish Securities Market Act, the Shares and Option Rights validly tendered in accordance with the terms and conditions of the Tender Offer may be withdrawn at any time during the Offer Period or, if the Offer Period has been extended, during such extended Offer Period, until the Offeror has announced that all the Conditions to Completion have been fulfilled or waived by the Offeror, thereby declaring the Tender Offer unconditional. After such announcement, the Shares and Option Rights already tendered may no longer be withdrawn except in the event that a third party announces a competing public tender offer for the Shares and Option Rights before the execution of the sale and purchase of the Shares and Option Rights in accordance with sections 1.9 and 1.10 below.

The proper withdrawal of the Shares and/or Option Rights validly tendered requires that a written notice of withdrawal is submitted to the same account operator to whom the acceptance form with respect to such Shares and/or Option Rights was submitted. In case the acceptance form with respect to Shares and/or Option Rights was submitted to a branch office of the cooperative bank belonging to the OP-Pohjola Group or Helsinki OP Bank Plc, the notice of withdrawal must be submitted to the same branch office In case of holdings that are registered in the name of a nominee, the shareholder or holder of Option Rights shall instruct the nominee to submit the notice of withdrawal.

If a shareholder or holder of Option Rights withdraws its acceptance of the Tender Offer in accordance with the terms and conditions of the Tender Offer, the transfer restriction registered on the tendered Shares and Option Rights in the relevant book-entry account will be removed as soon as possible and within approximately three (3) Finnish banking days following the receipt of a notice of withdrawal in accordance with the terms and conditions of the Tender Offer.

Withdrawn Shares and/or Option Rights may be re-tendered by following the acceptance procedures described in section 1.6 above prior to the expiry of the Offer Period or, if the Offer Period has been extended, prior to the expiry of such extended Offer Period.

The account operator managing the relevant book-entry account or the nominee may charge a fee for withdrawals in accordance with its price lists.

In the event of a Subsequent Offer Period, the acceptance of the Tender Offer shall be binding and cannot be withdrawn, unless otherwise provided under mandatory law.

Announcement of the Result of the Tender Offer

The Offeror will announce the preliminary result of the Tender Offer on or about the first (1st) Finnish banking day following the expiry of the Offer Period or, if applicable, the extended or discontinued Offer Period, and will announce the final result on or about the third (3rd) Finnish banking day following the expiry of the Offer Period or, if applicable, the extended or discontinued Offer Period. The announcement of the final result will dummy (i) the percentage of the Shares and Option Rights that have been validly tendered and not properly withdrawn and (ii) whether the Tender Offer will be completed.

The Offeror will announce the initial percentage of the Shares and Option Rights validly tendered during a possible Subsequent Offer Period on or about the first (1st) Finnish banking day following the expiry of the Subsequent Offer Period and the final percentage on or about the third (3rd) Finnish banking day following the expiry of the Subsequent Offer Period.

Terms of Payment and Settlement of Shares

The sale and purchase of the Shares validly tendered and not properly withdrawn in accordance with the terms and conditions of the Tender Offer will be executed no later than on the fifth (5th) Finnish banking day following the expiry of the Offer Period, or if the Offer Period has been extended or discontinued, the expiry of the extended or discontinued Offer Period. The sale and purchase of the Shares will take place on NASDAQ OMX Helsinki if permitted by the rules applicable to securities trading on NASDAQ OMX Helsinki. Otherwise the sale and purchase of the Shares will take place outside of NASDAQ OMX Helsinki.

Settlement will be effected on or about the third (3rd) Finnish banking day following the above completion trades (the "Settlement Date"). The payment of the Share Offer Price will be deposited on the Settlement Date into the bank account connected to the shareholder's book-entry account or, in the case of shareholders whose holdings are registered in the name of a nominee, into the bank account specified in the acceptance form. If the bank account of a tendering shareholder is with a different banking institution than such holder's book-entry account, the Share Offer Price will be paid, in accordance with the schedule of money transactions between banking institutions, to the shareholder's bank account so that it is on the shareholder's bank account approximately two (2) Finnish banking days following the Settlement Date, at the latest.

In the event of a Subsequent Offer Period, the Offeror shall in connection with the announcement thereof announce the terms of payment and settlement for the Shares tendered during the Subsequent Offer Period. The sale and purchase of the Shares validly tendered in accordance with the terms and conditions of the Tender Offer during the Subsequent Offer Period shall, however, be executed at least within two (2) weeks intervals.

The Offeror reserves the right to postpone the payment of the Share Offer Price if payment is prevented or suspended due to a force majeure event, but shall immediately effect such payment once the force majeure event preventing or suspending payment is resolved.

Terms of Payment and Settlement of Option Rights

The sale and purchase of the Option Rights validly tendered and not properly withdrawn in accordance with the terms and conditions of the Tender Offer will be executed no later than on the Settlement Date. The sale and purchase of the Option Rights will take place outside of NASDAQ OMX Helsinki.

Settlement will be effected on the same day as the sale and purchase of the Option Rights, i.e. no later than on the Settlement Date. The payment of the Option Offer Price will be deposited on the Settlement Date into the bank account attached to the book-entry account of the holder of the Option Rights or, in case of nominee-registered Option Rights, into the bank account specified in the acceptance form. If the bank account of a tendering holder of Option Rights is with a different banking institution than his/her book-entry account, the Option Offer Price will be paid, in accordance with the schedule of money transactions between banking institutions, to the bank account of the holder of Option Rights so that it is on the bank account of the holder of Option Rights approximately two (2) Finnish banking days following the Settlement Date, at the latest.

In the event of a Subsequent Offer Period, the Offeror shall in connection with the announcement thereof announce the terms of payment and settlement for the Option Rights tendered during the Subsequent Offer Period. The sale and purchase of the Option Rights validly tendered in accordance with the terms and conditions of the Tender Offer during the Subsequent Offer Period shall, however, be executed at least within two (2) weeks intervals.

The Offeror reserves the right to postpone the payment of the Option Offer Price if payment is prevented or suspended due to a force majeure event, but shall immediately effect such payment once the force majeure event preventing or suspending payment is resolved.

Transfer of Ownership

Title to the Shares validly tendered in the Tender Offer will pass to the Offeror on the Settlement Date against the payment of the Share Offer Price by the Offeror to the tendering shareholder. In the event of a Subsequent Offer Period, title to the Shares validly tendered in the Tender Offer during the Subsequent Offer Period will pass to the Offeror against the payment of the Share Offer Price by the Offeror to the tendering shareholder as announced by the Offeror in the announcement regarding the Subsequent Offer Period.

Title to the Option Rights validly tendered in the Tender Offer will pass to the Offeror on the Option Rights Settlement Date against the payment of the Option Offer Price by the Offeror to the tendering holder of Option Rights. In the event of a Subsequent Offer Period, title to the Option Rights validly tendered in the Tender Offer during the Subsequent Offer Period will pass to the Offeror against the payment of the Option Offer Price by the Offeror to the tendering holder of Option Rights as announced by the Offeror in the announcement regarding the Subsequent Offer Period.

Transfer Tax and Other Payments

The Offeror will pay the Finnish transfer tax, if any, payable on the sale and purchase of the Shares and Option Rights.

Fees charged by account operators, asset managers, nominees or any other person for registering the release of any pledges or other possible restrictions preventing a sale of the relevant Shares or Option Rights, as well as fees relating to a withdrawal of the tender by a shareholder or a holder of Option Rights in accordance with section 1.7 above, will be borne by each shareholder and holder of Option Rights. The Offeror shall be responsible for other customary fees relating to book-entry registrations required for the purposes of the Tender Offer, the sale and purchase of the Shares and Option Rights tendered under the Tender Offer or the payment of the Share Offer Price and the Option Offer Price, respectively.

Other Issues

The Offeror reserves the right to amend the terms and conditions of the Tender Offer in accordance with Chapter 11, Section 15, Subsection 2 of the Finnish Securities Market Act.

The Offeror reserves the right to extend the Offer Period and to amend the terms and conditions of the Tender Offer (including a potential withdrawal of the Tender Offer) in accordance with Chapter 11, Section 17 of the Finnish Securities Market Act if, during the Offer Period or any extended Offer Period, a third party announces a competing public tender offer for the Shares and Option Rights.

The Offeror shall have sole discretion to determine all other issues relating to the Tender Offer, subject to the requirements of applicable law.

The Tender Offer is not being made and the Shares and the Option Rights will not be accepted for purchase from or on behalf of any persons, directly or indirectly, in the United States or in any jurisdiction where prohibited by applicable law and this Tender Offer Document and related acceptance forms are not and may not be distributed, forwarded or transmitted into or from any jurisdiction where prohibited by applicable law by any means whatsoever including, without limitation, mail, facsimile transmission, e-mail or telephone. In particular, the Tender Offer is not being made, directly or indirectly, in or into, or by use of the postal service of or by any means or instrumentality of interstate or foreign commerce of, or any facilities of a national securities exchange of the United States, Canada, Japan, Australia, South Africa or Hong Kong or any other jurisdiction where prohibited by law. The Tender Offer cannot be accepted by any such use, means or instrumentality of or from within the United States, Canada, Japan, Australia, South Africa or Hong Kong or any other jurisdiction or any jurisdiction where prohibited by law.

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