2004-01-27

WM-data will commence redemption offer for Novo Group shares and stock options

WM-data AB (publ) (WM-data) has today informed Novo Group Plc (Novo Group) that the mandatory redemption offer for the remaining shares and stock options of Novo Group under the Finnish Securities Market will commence on 27 January 2004 at 10 a.m. (Finnish time) and expire on 27 February 2004 at 5 p.m. (Finnish time) unless the offer period is extended.

The Finnish Financial Supervision Authority has today approved the redemption offer document. The Finnish language version of the document will be available during the offer period at HEX Gate at the address Fabianinkatu 14, Helsinki, and on the Internet at www.evlinet.com/wmdata, www.enskilda.fi, www.wmdata.com and www.novogroup.com. The English language version of the document will be available at HEX Gate. Please refer to Annex 1 for the complete Terms and Conditions of the Redemption Offer

For further information:
Novo Group Plc, Seppo Matikainen, CEO, tel. +358 40 588 7950
WM-data AB (publ), Rickard Petri, CFO, tel. +46 8 670 20 00
Enskilda Securities, Antti Mäkinen, tel. +358 9 6162 8120
Evli Bank, Christer Niemi, tel. +358 9 4766 9262

Information about the company: CGI Suomi Oy