TietoEnator sells 20 % holding in Atkos to Finland Post

TietoEnator sells 20 % holding in Atkos to Finland Post TietoEnator Corporation has sold its remaining shareholding in Atkos Oy to Finland Post Ltd. TietoEnator held 20 % of the company's share capital before this transaction. TietoEnator will record a one-time pre- tax capital gain on this divestment totalling EUR 14 million in its fourth-quarter profits. At the beginning of 2001 TietoEnator owned 49 % of Atkos (formerly Atkos Printmail Oy) and Finland Post 51 %. The Post increased its holding to 80 % at the beginning of February. Underlying the share transactions is the aim of the two owner companies to raise efficiency by concentrating on their core businesses and operations that support them. Atkos is the largest provider of electronic document management, printing and direct marketing services in Finland. Its net sales during the current year will total approximately EUR 48 million. The company has about 650 employees. Further information Juhani Lano, Executive Vice President, TietoEnator Corporation, +358 400- 441 735 Juha Salovaara, Director, Finland Post Ltd, tel. +358 0204 51 4647 With over 10,000 employees and annual net sales of EUR 1.1 billion, TietoEnator is a leading supplier of high value-added IT services in Europe. TietoEnator specialises in consulting, building and hosting its customers' business operations in the digital economy. The Group's services are based on a combination of deep industry-specific expertise and latest information technology. www.tietoenator.com Finland Post Ltd provides messaging and total logistical solutions for the needs of business, organisations and households throughout Finland and also internationally. Finland Post has consolidated net sales in excess of EUR 1 billion and roughly 23 000 employees. Some 80 % of net sales is derived from postal services for businesses. The bulk of net sales comes from traditional letter traffic but the company's fastest growing businesses are electronic messaging services and total logistical solutions. Finland Post Ltd is entirely state-owned. TIETOENATOR CORPORATION DISTRIBUTION Helsinki Exchanges Stockholm Stock Exchange Principal 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/2001/11/30/20011130BIT00060/bit0001.doc http://www.waymaker.net/bitonline/2001/11/30/20011130BIT00060/bit0001.pdf