Arbitration proceedings: Hannu Kananen/FIM Group Oyj

FIM Group Corporation STOCK EXCHANGE RELEASE August 24, 2006 16.00 Finnish time ARBITRATION PROCEEDINGS: HANNU KANANEN/FIM GROUP OYJ The arbitration tribunal has today issued its decision in the arbitration proceedings between Hannu Kananen and FIM Group Corporation, the principal details of which were disclosed by FIM Group Corporation in its Offering Circular on March 31, 2006, and in the Interim Report released on May 23, 2006. The arbitration tribunal has ordered FIM Group Corporation to pay to Kananen against the shareholding in FIM Corporate Finance Ltd damages and interests and expenses. The cost effect of the damages for the third quarter of the year 2006 is approximately EUR 630,000. FIM Group Corporation Risto Perttunen CEO +358 (0)9 613 46 303 risto.perttunen@fim.com Distribution: Helsinki Stock Exchange The main media About FIM Established in 1987, FIM is a Finnish investment services group that offers asset management, brokerage and investment banking services for private persons and organizations. In addition to the head office, which is located in Helsinki, FIM has regional offices in Espoo, Jyväskylä, Kuopio, Lahti, Oulu, Tampere, Turku, Vaasa and, as of September 2006, also in Riihimäki. FIM also operates in Stockholm and Moscow. The company's net sales in 2005 were 63.2 million euros and operating profit 19.1 million euros. FIM employs approximately 260 persons. www.fim.com.