Tekna Holding ASA — M&A Activity 2011

Aug 5, 2011

Trimble has filed an application to redeem minority shares in Tekla Corporation

Trimble has filed an application to redeem minority shares in Tekla Corporation

Tekla Corporation       Stock exchange release      August
5, 2011        at 3:10 p.m.

Trimble has filed an application to redeem minority shares in Tekla Corporation

Tekla Corporation has today received the following release from Trimble Finland
Oy:

Trimble Finland Oy                                      Release          5
August 2011 at 2:30 p.m.

TRIMBLE HAS FILED AN APPLICATION TO REDEEM MINORITY SHARES IN TEKLA CORPORATION

The trades to complete the tender offer by Trimble Finland Oy for the shares in
Tekla Corporation were executed on 5 July 2011, after which Trimble Finland Oy
owns ca. 99.46 percent of the shares and votes in Tekla Corporation, excluding
the own shares owned by Tekla Corporation. Based on Trimble Finland Oy's
ownership exceeding nine tenths (9/10), Trimble Finland Oy has the right
according to chapter 18, section 1 of the Finnish Companies Act to redeem the
minority shares in Tekla Corporation at a fair price. The redemption right has
been registered in the Trade Register.

Trimble Finland Oy has today filed an application to the redemption board of the
Central Chamber of Commerce for appointing an arbitration tribunal in order to
redeem the minority shares in Tekla Corporation. The redemption price according
to the application is EUR 14.20 per share, i.e. the same as the offer price paid
by Trimble Finland Oy in the public tender offer.

Trimble Navigation Limited

Trimble Finland Oy

Distribution: NASDAQ OMX Helsinki Ltd, Principal media, www.tekla.com

[HUG#1536571]