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HSE: EXEL PLC: SHARES SUBSCRIBED WITH WARRANTS

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EXCHANGE NOTICE 239/2006, 22 MAY 2006  SHARES


EXEL PLC: SHARES SUBSCRIBED WITH WARRANTS

A total of 96 200 Exel Plc's shares have been subscribed
with the Exel Plc's A and B warrants attached to the
warrant programme 2001. The shares will be traded on the
Helsinki Stock Exchange as old shares as of 23 May
2006.

Identifiers of Exel Plc's share:

Trading code:                 EXL1V
ISIN code:                    FI0009007306
Orderbook id:                 24265
Number of shares:             11 896 843


HELSINKI STOCK EXCHANGE
Gunnar Dannberg
Manager Surveillance Finland

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