Panostaja Oyj

Transaction in Own Shares • Dec 19, 2011

NOTIFICATION ON A CHANGE IN HOLDINGS REFERRED TO IN CHAPTER 2, SECTION 10 OF THE SECURITIES MARKETS ACT

NOTIFICATION ON A CHANGE IN HOLDINGS REFERRED TO IN CHAPTER 2, SECTION 10 OF THE SECURITIES MARKETS ACT

Panostaja Oyj STOCK EXCHANGE RELEASE19.12.2011 12:10 p.m.

NOTIFICATION ON A CHANGE IN HOLDINGS REFERRED TO IN CHAPTER 2, SECTION 10 OF
THE SECURITIES MARKETS ACT

Panostaja Oyj has today received an announcement from Matti Koskenkorva
according to which his ownership of the shares and voting rights in Panostaja
decreased under the level of 1/10.

Name of the target company: Panostaja Oyj

Ownership prior to the change: 6,561,873 shares and votes, i.e. 12.86 %

Point of time when the ownership changed: 16th December 2011

Ownership after the change: 4,411,873 shares and votes

Percentage of shares and voting rights: 8.52 %

PANOSTAJA OYJ

Juha Sarsama

CEO

Additional information: CEO Juha Sarsama + 358 40 774 2099