INCREASE IN THE SHARE CAPITAL OF PROHA PLC ENTERED INTO TRADE REGISTER

THE INCREASE IN THE SHARE CAPITAL OF PROHA PLC HAS BEEN ENTERED INTO THE TRADE REGISTER The 106,490 shares subscribed in the personnel issue of Proha Plc have been entered into the Trade Register on December 21, 2000. The Board of Directors approved the subscriptions in its meeting on December 5, 2000. After the registration, the share capital of Proha Plc is EUR 13,702,032.50 and the number of shares is 10,540,025. In the personnel issue, 106,490 shares were subscribed at the price of EUR 12.20 per share, totalling to EUR 1,299,178.00 (about FIM 7.7 million). The shares include a sales restriction which will expire on December 1, 2001. In accordance with the decision of the Extraordinary General Meeting, each Proha Plc share will be split in five shares. The change in the number of shares is estimated to be entered in the Trade Register on December 27, 2000 and the trading of the new number of shares is estimated to begin on December 28, 2000. After the splitting, the number of shares is 52,700,125. The book parity of each share will decline from EUR 1.30 to EUR 0.26 as the number of shares increases. Proha Plc Pekka Pere President and CEO More information PROHA PLC CEO Pekka Pere, tel. +358 20 4362 000 pekka.pere@proha.fi http://www.proha.fi DISTRIBUTION: Helsinki Stock Exchange Major Media ------------------------------------------------------------ This information was brought to you by BIT http://www.bit.se The following files are available for download: http://www.bit.se/bitonline/2000/12/21/20001221BIT00350/bit0001.doc http://www.bit.se/bitonline/2000/12/21/20001221BIT00350/bit0002.pdf

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Proha is globally operating software group operating in Project Management (Artemis), Financial Management (Accountor), and ASP services (Intellisoft). Pro forma net sales were EUR 82.2 mio in 2000, number of personnel nearly 700.

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