PANOSTAJA STRENGTHENS ITS ENVIRONMENTAL TECHNOLOGY BUSINESS AREA WITH PURCHASE OF KOSPA OY

Panostaja Oyj              Stock Exchange Bulletin 11.7.2008    10.00 am

PANOSTAJA STRENGTHENS ITS ENVIRONMENTAL TECHNOLOGY BUSINESS AREA WITH PURCHASE
OF KOSPA OY 

Panostaja Oyj today signed a deal to acquire the entire share capital of Kospa
Oy, the manufacturer of waste disposal equipment. The purchase means that
Panostaja will expand its business area specialising in environmental
technology based around the EcoSir Oy business operation, which it acquired on
2 May 2008. 

Kospa was established in 1987. Its core skills and know-how are waste
compactors, waste collection hoppers and waste transfer stations. The company's
turnover last financial year stood at around EUR 3 million and it had a staff
of 20. The company is based at Marttila. Kospa makes waste compactors for the
Nordic countries, Russia, the UK and the Far East. Exports account for about
one third of the company's turnover. 


Panostaja Oyj


Juha Sarsama
CEO


Further information is available from: Juha Sarsama, CEO, on (tel.) 040 774
2099 

Panostaja Oyj invests in Finnish small and medium-sized enterprises operating
in traditional industries. Investments are mostly carried out through
acquisitions. The Panostaja Group invests business resources and strategic
know-how in companies. The objective is to raise the status of the target
company to become a major player in its field, after which the enterprise
continues to operate as an independent growth company. Turnover for the
Panostaja Group in the financial year 2007 was EUR 90.8 million. The Group
operates in 14 business areas.