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Published: 2013-05-03 14:45:00 CEST
Technopolis
Company Announcement

Update on Technopolis Acquisition in Vilnius

TECHNOPOLIS PLC      STOCK EXCHANGE RELEASE              May 3, 2013, at 3.45 p.m.


Update on Technopolis Acquisition in Vilnius

Technopolis signed a deal on 15 March 2013 to acquire a campus in Vilnius, Lithuania. At the time it was announced the company expected to close the deal by May 1, 2013. Today the company updates the closing schedule and expects the deal to be closed by the end of May 2013.

The change in the schedule does not effect on Technopolis future outlook. The company will upgrade its future outlook for net sales and EBITDA growth from 9 - 12% to 14 - 17% for 2013 when the deal is closed.


Technopolis Plc

Keith Silverang
CEO
Tel. +358 40 566 7785

Sami Juutinen
Director, International Operations
Tel. +358 40 484 7487


Technopolis Plc is a listed real estate company that specializes in leasing space and providing services. Its core business idea is to combine business support services with modern, flexible, multi-user business environments. There are approximately 23,000 people and almost 1,400 companies and organizations in Technopolis premises in Finland, Russia, and Estonia. The company’s net sales for 2012 totaled EUR 107.3 million and its EBITDA was EUR 55.8 million. The Technopolis Plc share (TPS1V) is listed on NASDAQ OMX Helsinki.

Distribution:
NASDAQ OMX Helsinki
Main news media
www.technopolis.fi