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TECNOMEN BOARD DECIDED DISTRIBUTION AND CANCELLATION OF STOCK OPTIONS

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Tecnomen Corp.         STOCK EXCHANGE ANNOUNCEMENT 5.6.2006 11.30 a.m.


TECNOMEN BOARD DECIDED DISTRIBUTION AND CANCELLATION OF STOCK OPTIONS

The Board of Directors of Tecnomen Corporation has decided the distribution of
the year 2006 stock options directed to the key personnel of Tecnomen Group and
Tecnomen Japan Oy, the wholly owned subsidiary of Tecnomen Corp. The decision of
the Board is based on the resolution of the Annual General Meeting of Tecnomen
hold on March 15, 2006 to issue stock options.

The total of 436,000 2006A stock options were distributed to the key personnel of
Tecnomen Group. The subscription price for 2006A stock option is EUR 2.71 and
subscription period April 1, 2007 - April 30, 2010. The rest of the 2006A stock
options, i.e. 231,000, 667,000 2006B and 667,000 2006C stock options were issued
to Tecnomen Japan Oy, to be further distributed to the present and future key
personnel of Tecnomen Group.

The total of 2,001,000 Tecnomen shares can be subscribed for with the stock
options 2006 and the share capital of the company may be increased by a maximum
of EUR 160,080. The terms and conditions of the stock options 2006 are available
on Tecnomen's internet pages: www.tecnomen.com.

The Board of Directors of Tecnomenin has cancelled a total of 2,019,500 year 2002
stock options that were held by Tecnomen Japan Oy. Following the cancellation,
the share capital of Tecnomen may be increased by maximum of EUR 85,800 based on
the future subscriptions to be made with year 2002 stock options.

TECNOMEN CORPORATION

Kristiina Hoppu
Director, Legal Affairs & Human Resources

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

DISTRIBUTION
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