TietoEnator implements the offer to shareholders in Entra

TietoEnator implements the offer to shareholders in Entra At the expiration of the acceptance period for TietoEnator Corporation's ("TietoEnator") public offer to the shareholders in Entra Data AB (publ) ("Entra"), TietoEnator holds 88,8 percent of the share capital and 87,3 percent of the votes in Entra. TietoEnator has decided to implement the offer waiving the condition for TietoEnator becoming the owner of more than 90 percent of the shares and votes. TietoEnator has decided to unconditionally extend the acceptance period for the offer up to and including August 31, 2000. Shareholders representing 33,0 percent of the share capital and 37,3 percent of the votes in Entra, have accepted TietoEnator's public offer to exchange Entra shares for newly issued shares in TietoEnator. Stiftelsen Entra Data and Bo Nordlander, President and CEO of Entra, are among the shareholders that have accepted the offer. In total 4,910,244 shares in Entra have been submitted according to the offer. Including the 6,384,970 Entra Series A shares and 1,899,408 Entra Series B shares that TietoEnator held prior to the announcement of the offer, TietoEnator holds 88,8 percent of the share capital and 87,3 percent of the votes in Entra. TietoEnator will request conversion of its Series B shares to Series A shares. After the implemented conversion TietoEnator will hold 13,066,522 Series A shares and 128,100 preferential shares in Entra, corresponding to 88,8 percent of the share capital and the votes. Shares in TietoEnator will be delivered to those who have accepted the offer up to June 22, 2000 according to the terms in the prospectus, that is on or about July 11, 2000, and trading on the exchanges in Stockholm and Helsinki will be possible as of the same date. In order to enable the remaining minority to exchange their Entra shares for TietoEnator shares, TietoEnator has decided to unconditionally extend the acceptance period for the offer up to and including August 31, 2000. Shareholders in Entra accepting the offer during the extended acceptance period will receive newly issued TietoEnator shares on or about September 20, 2000. Applications submitted during the extended acceptance period can not be withdrawn. Entra Series A shares will still be listed on the O-list at the OM Stockholm Exchange. For more information please contact: Eric Österberg, Senior Vice President, Corporate Communications, TietoEnator, phone +46 8 632 1426, mobile +46 70 590 0599 Bo Nordlander, President and CEO, Entra, available from June 29, mobile +46 709 790 759 TIETOENATOR CORPORATION DISTRIBUTION Helsinki Exchanges Stockholm Stock Exchange Principal Media ------------------------------------------------------------ Please visit http://www.bit.se for further information The following files are available for download: http://www.bit.se/bitonline/2000/06/28/20000628BIT00210/bit0001.doc http://www.bit.se/bitonline/2000/06/28/20000628BIT00210/bit0002.pdf