ARTEMIS INTERNATIONAL SOLUTIONS CORPORATION SETTLES SHAREHOLDER LAWSUIT

Proha Plc Stock Exchange Bulletin June 19, 2003 at 1.30 p.m. ARTEMIS INTERNATIONAL SOLUTIONS CORPORATION SETTLES SHAREHOLDER LAWSUIT Proha Plc's subsidiary Artemis International Solutions Corporation (AISC) has signed an agreement for the settlement and release of all claims against AISC in the class action complaint filed against Opus360 Corporation in April 2001. The AISC's insurer will cover substantially all of the USD 550,000 in total settlement costs. The settlement is subject to approval by the United States District Court for the Southern District of New York. In Proha's prior view the complaint is without ground and it has no financial significance for the Proha Group. The claim is disclosed in the Notes to the Financial Statements of Proha for 2002 under Contingent Liabilities. In 2001 Proha acquired Opus360 Corporation at the time listed on Nasdaq and the company was consolidated with Proha's subsidiary Artemis. The class action lawsuit was filed against Opus360 Corporation in connection with its initial public offering in 2000. Proha Plc Pekka Pere, CEO More information CEO, Pekka Pere, tel. +358 20 4362 100 Pekka.pere@proha.com Executive Vice President, Pekka Halonen, tel. +358 20 4362 100 pekka.halonen@proha.com www.proha.com DISTRIBUTION: Helsinki Stock Exchange Major Media ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2003/06/19/20030619BIT00490/wkr0001.doc http://www.waymaker.net/bitonline/2003/06/19/20030619BIT00490/wkr0002.pdf