Trainers´ House Oyj

Capital/Financing Update • Jan 15, 2010

Disclosure 275163

Trainer's House Oyj - Corporate Action

TRAINERS' HOUSE'S HYBRID BOND HAS BEEN FULLY SUBSCRIBED; TRAINERS' HOUSE ISSUES EUR 5 MILLION HYBRID BOND

TRAINERS' HOUSE PLC STOCK EXCHANGE RELEASE 15 JANUARY 2010 AT 15:30 Trainers' House Plc announced on 12 January 2010 that it is considering the issuance of a hybrid capital bond. The sales process of the hybrid bond has now been completed and Trainers' House Plc has today, 15 January 2010, resolved to issue a EUR 5 million domestic hybrid bond. EUR 1 million of the bond was subscribed by domestic investors and EUR 4 million by major shareholders of Trainers' House Plc based on their underwriting commitments. The coupon rate of the bond is 10.00% per annum. The bond has no maturity but the company may call the bond after three years. The hybrid bond will strengthen Trainers' House's capital structure and enhance its financial position. The arrangement will also enhance the ratio of net debt to EBITDA. A hybrid bond is an instrument which is subordinated to the company's other debt obligations and which is treated as equity in the IFRS financial statements. Hybrid bonds do not confer to their holders the right to vote at shareholder meetings and do not dilute the holdings of the current shareholders. The lead manager of the bond issue was Evli Bank Plc. TRAINERS' HOUSE PLC Board of Directors FURTHER INFORMATION Aarne Aktan, Chairman of the Board, tel +358 40 774 0204 DISTRIBUTION: OMX Nordic Exchange Helsinki Prominent media sources www.trainershouse.fi - Investors