PROHA BOARD DECIDED ON THE SUBSCRIPTION PERIOD FOR STOCK OPTIONS

PROHA BOARD OF DIRECTORS DECIDED ON THE SUBSCRIPTION PERIOD FOR STOCK OPTIONS In its meeting on April 11, 2001, Proha Plc's Board of Directors decided in line with the option program that the second subscription period commences on April 18, 2001 and ends on April 20, 2001. Stock options will be offered as part of the company's incentive system. The terms and conditions of the option issue were published as a stock exchange bulletin on February 5, 2001. The stock options are based on the decision made by the Proha Plc Board of Directors on February 4, 2001, on the basis of the authorization by the Extraordinary General Meeting of December 13, 2000, to raise the company share capital by a maximum of EUR 520,000 by issuing a maximum of 20,000,000 stock options that entitle to a subscription of 2,000,000 shares in accordance with the terms and conditions of the option issue. In its meeting on March 9, 2001, the Board approved the subscriptions made during the first subscription period of the option issue, 17,848,280 Proha Plc stock options. Proha Plc Pekka Pere President & CEO For more information please contact: CEO Pekka Pere, tel. +358 (0)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/2001/04/11/20010411BIT01090/bit0001.doc http://www.bit.se/bitonline/2001/04/11/20010411BIT01090/bit0001.pdf