PROHA TO ENTER INTO JOINT DISCUSSIONS ON TEMPORARY DISMISSALS IN FINLAND

Proha Plc Stock Exchange Bulletin August 18, 2003 at 3.10 p.m PROHA TO ENTER INTO JOINT DISCUSSIONS ON TEMPORARY DISMISSALS IN FINLAND Proha begins joint discussions on temporary dismissals with it's personnel in Finland. Temporary dismissals are scheduled to take place between September 2003 and March 2004. The joint discussions 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. In all, the proposal includes 91 people. The estimated total number of temporary dismissals is approximately 25- 50 man-months. Temporary dismissals will not affect Proha's service supply. 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/2003/08/18/20030818BIT01460/wkr0001.doc http://www.waymaker.net/bitonline/2003/08/18/20030818BIT01460/wkr0002.pdf