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Exercises with stock options of Tecnomen

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Tecnomen Corporation         STOCK EXCHANGE ANNOUNCEMENT
                             May 17, 2005 2.00 p.m.


EXERCISES WITH STOCK OPTIONS OF TECNOMEN

Tecnomen's year 2002 stock option program is based on a resolution of Annual
General Meeting of Shareholders on April 11, 2002. One stock option entitles to
subscribe for one Tecnomen share having a nominal value of EUR 0.08. The
subscription time for C stock options began on April 1, 2005. The subscription
price for C stock option is EUR 0.46.

A total of 11,000 Tecnomen's shares were subscribed with C stock option rights by
May 3, 2005. The made subscriptions will increase Tecnomen's share capital by EUR
880 and the share capital is after the increase EUR 4,648,286.24 dividing into
58,103,578 shares.

The increase in the share capital corresponding to the subscription is estimated
to entered into the Trade Register on May 19, 2005 and the shares to be listed on
the Helsinki Exchanges the day after the registration.

TECNOMEN CORPORATION

Kristiina Hoppu
Director, Legal Affairs & Human Resources


FURTHER INFORMATION
Kristiina Hoppu, tel. +358 9 8047 8310


DISTRIBUTION
Helsinki Exchanges
Main media

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