CapMan Oyj

Share Issue/Capital Change • May 19, 2008

Disclosure 258902

CapMan - Company Announcement

B-shares subscribed with stock options 2003A in CapMan Plc

CapMan Plc Stock Exchange Release 19 May 2008 at 1.00 p.m. A total of 38,813 B-shares in CapMan Plc have been subscribed for with the stock options 2003A during 17 April - 23 April 2008. The share subscription price was EUR 1.26 with the stock options 2003A. The share subscription price will be recorded in the Company's invested unrestricted shareholders' equity. The share subscription period for the stock options 2003A began in October 2006. The stock option scheme is based on the resolution by the Annual General Meeting of Shareholders on 9 April 2003. These B-shares, 38,813 in total, have been entered into the Trade Register on 19 May 2008. As a result of the increase, the number of the Company's B-shares is 74,007,632. The shares have no nominal value. The new shares subscribed with stock options 2003A are entitled to dividends and to other shareholder rights from the registration date, i.e. as of 19 May 2008 onwards. The shares have been applied for listing on the OMX Nordic Exchange Helsinki Oy together with the old shares as of 20 May 2008. A total of 88,241 B-shares in CapMan Plc have been subscribed for with the stock options 2003A by 23 April 2008. For further information, please contact: Mr Andrei Novitsky, Legal Counsel, tel. +358 207 207 503 or +358 50 567 6676 CAPMAN PLC Mari Reponen Communications Director Investor Services DISTRIBUTION Helsinki Stock Exchange Principal media www.capman.com CapMan www.capman.com CapMan is one of the leading alternative asset managers in the Nordic countries and manages Nordic funds with approximately EUR 3.0 billion in total capital. CapMan has four investment areas (CapMan Buyout, CapMan Technology, CapMan Life Science and CapMan Real Estate), and each of them has a dedicated team and funds. Altogether CapMan employs 120 people in Helsinki, Stockholm, Copenhagen and Oslo. CapMan was established in 1989 and its B shares are listed on the Helsinki Stock Exchange since 2001.