REDUCTION IN PROHA PLC SHARE CAPITAL ENTERED INTO THE TRADE REGISTER

REDUCTION IN PROHA PLC SHARE CAPITAL ENTERED INTO THE TRADE REGISTER In accordance with the decision of the Proha Plc Extraordinary General Meeting on July 30, 2001, a total of 1,960,180 Proha Plc shares owned by Artemis Acquisition Corporation were redeemed and the share capital of Proha was reduced by EUR 509,646.80. The amount has been transferred to the share premium account which is the Company's restricted capital. The reduction in share capital has no impact on the distribution of share ownership or voting rights, since the redeemed shares were owned by the Company's subsidiary Artemis Acquisition Corporation. After the registration, the share capital of Proha Plc is EUR 13,274,131.00 and the number of shares 51,054,350. Proha Plc Pekka Pere President and CEO More information PROHA PLC CEO Pekka Pere, tel. +358 20 4362 000 pekka.pere@proha.com http://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/2001/08/15/20010815BIT00270/bit0001.doc http://www.waymaker.net/bitonline/2001/08/15/20010815BIT00270/bit0001.pdf