PROHA CONCLUDES JOINT DISCUSSIONS ON TEMPORARY DISMISSALS IN FINLAND

Proha Plc Stock Exchange Bulletin September 9, 2003 at 3.10 p.m. PROHA CONCLUDES JOINT DISCUSSIONS ON TEMPORARY DISMISSALS IN FINLAND Proha concluded joint discussions on temporary dismissals of it's personnel in Finland. As a result, Proha-Group will temporarily dismiss 91 employees for an average of 2 weeks in Finland. The maximum total number of temporary dismissals is 50 man-months and they are scheduled to take place between September 2003 and March 2004. Approximately half of the temporary dismissals will take place during 2003 and they concern all personnel groups. If the demand for project management software revives the temporary dismissals will not be executed to the extent now planned. The temporary dismissals apply to the personnel of Artemis Finland Oy, which is the subsidiary of Proha's sub-group Artemis International Solutions Corporation, as well as the personnel of Proha Plc and its subsidiaries Intellisoft Oy and ProCountor International Oy. 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/2003/09/09/20030909BIT00530/wkr0001.doc http://www.waymaker.net/bitonline/2003/09/09/20030909BIT00530/wkr0002.pdf