2004-03-02

WM-data will complete its redemption offer for WM-data Novo shares and stock options

WM-DATA WILL COMPLETE ITS REDEMPTION OFFER FOR WM-DATA NOVO SHARES AND STOCK OPTIONS - WM-DATA OWNS 97.35% OF WM-DATA NOVO SHARES

WM-data AB (publ) has today announced to WM-data Novo Plc (WM-data Novo) that it will complete its redemption offer for the WM-data Novo shares and stock options.

Holders representing 5.9% of the total outstanding shares and votes in WM-data Novo have tendered their shares in the redemption offer. Following the completion of the redemption offer WM-data will own an aggregate of 97.35% of the outstanding shares and votes in WM-data Novo.

Holders of WM-data Novo stock options have accepted the WM-data redemption offer as follows:

Year 1998 A stock options: 20.00% of options
Year 1998 B stock options: 20.00% of options

Year 1999 A stock options: 18.49% of options
Year 1999 B stock options: 19.15% of options

Year 2000 A stock options: 17.20% of options
Year 2000 B stock options: 17.20% of options

Year 2001 A stock options: 93.68% of options
Year 2001 B stock options: 96.58% of options
Year 2001 C stock options: 98.13% of options
Year 2001 D stock options: 98.13% of options

WM-data's Tender Offer for the shares in WM-data Novo commenced on 24 November 2003 and ended on 22 December 2003. WM-data has already previously disclosed that it has commenced the redemption proceedings referred to in the Companies Act for the remaining WM-data Novo shares.

Information about the company: CGI Suomi Oy