ARTEMIS INTERNATIONAL SOLUTIONS CORPORATION SIGNED USD 5 MILLION LOAN AGREEMENT

Proha Plc Stock Exchange Bulletin August 15, 2003, at 1.10 p.m. ARTEMIS INTERNATIONAL SOLUTIONS CORPORATION SIGNED USD 5 MILLION LOAN AGREEMENT Proha Plc's subsidiary, Artemis International Solutions Corporation (AISC) has agreed on a line of credit up to USD 5 million with Laurus Master Fund Ltd (Laurus) to finance its business operations. Laurus will have the right to convert any portion of the outstanding loan into AISC shares at a per share market price plus 25%. Pursuant to the terms of the agreement, Laurus' beneficial ownership in AISC is limited to 2.5%. In connection with the loan agreement, Laurus will receive a warrant to purchase 125,000 AISC shares. AISC has the right to repay the loan at any time. AISC published its Quaterly Report (FORM 10-Q) on August 14, 2003. The report is available on the SEC website at www.sec.gov/edgar/searchedgar/companysearch.html under the name Artemis International. Proha Plc Pekka Pere President and CEO More information PROHA PLC CEO Pekka Pere, tel +358 (0)20 4362 000 pekka.pere@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/2003/08/15/20030815BIT00420/wkr0001.doc http://www.waymaker.net/bitonline/2003/08/15/20030815BIT00420/wkr0002.pdf