Authorisations

Authorization of the Board of Directors to Repurchase the Company’s Own Shares

The AGM authorized the Board of Directors to resolve to repurchase the Company’s own shares as follows:

No more than 6,097,878 shares may be repurchased. The Company cannot at any moment together with its subsidiaries own more than 10 per cent of all the registered shares of the Company. The minimum repurchase price of the shares is the lowest market price of the Company’s shares quoted in public trading during the time of the authorization and the maximum repurchase price is the highest
market price quoted in public trading during the time of the authorization.

The Board of Directors resolves upon the methods of the repurchase and other provisions. Among others, derivatives can be used in the purchase. The shares can be purchased with deviation from the proportioned holdings of the shareholders (directed purchase). The Company’s own shares can be purchased on the basis of the authorization only by using non-restricted equity. Hereby the repurchase will reduce the Company’s distributable non-restricted equity.

Authorization of the Board of Directors to resolve upon share issue and issue of stock option rights as well as of other special rights entitling to shares.

The AGM authorized Board of Directors to resolve upon share issue as well as upon issue of stock option rights, convertible bonds and other special rights entitling to shares referred to in Chapter 10 Section 1 of the Companies Act as follows.

Shared issued on the basis of the authorization are new shares of the Company. The authorization is limited to issuance of a maximum of 12,195,756 shares.

On the basis of the authorization, the Board of Directors may also resolve upon issuance of new shares to the Company itself. The Company cannot, however, at any moment together with its subsidiaries own more than 10 per cent of all the registered shares of the Company. The shares issued may then, among other things, be transferred on the basis of the authorization granted for the Board of Directors to transfer the company's own shares.

The Board of Directors is authorized to resolve upon all the terms and conditions of the share issue and the issuance of special rights entitling to shares. The shares and the special rights entitling to shares may be issued with deviation from the shareholders' pre-emptive right, provided that weighty financial grounds exist for this. The authorization does not, however, concern resolving upon a personnel stock option plan.

This authorization shall be effective until the next Annual General Meeting of Shareholders, however no longer than until 12 September 2009.

This authorization shall be in force simultaneously with the authorization to resolve to transfer the Company's own shares.

This authorization shall be effective until the next Annual General Meeting of Shareholders, however no longer than until 12 September 2009.