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Press release - 28 June 2006

CapMan reduces its ownership in Access Capital Partners

CapMan Plc has sold 12.5% of the shares of its associated company Access Capital Partners (Access) to Access managers. The transaction has a positive effect of EUR 0.6 million on CapMan Plc’s result for the year 2006.

After the transaction CapMan Plc’s ownership in the advisory/management companies of Access is 35% and the management’s ownership is 65%. The transaction does not affect the carried interest rights of CapMan related to Access funds and mandates.  

Access Capital Partners is a leading manager and advisor of European private equity funds of funds with a specific focus on European mid-market buy-outs as well as technology investing. Access has assets of €1.25 billion under management in three funds of funds and separate private equity investment mandates. Access Capital Partners was established in 1999 and employs 20 people.    

For further information, please contact:
Vesa Vanha-Honko, Head of Business Development, Senior Partner tel. +358 9 6155 8310 or +358 400506690



CapMan
CapMan is one of the leading private equity investors in the Nordic countries and specialises in middle market buyouts in various industry sectors, investments in expansion and later stage technology companies and investments in life science companies. In addition, CapMan manages private equity real estate funds. The CapMan team comprises around 100 people in Helsinki, Stockholm, Copenhagen and Oslo. CapMan manages Nordic funds with approx. EUR 2.3 billion in total capital. To date, the funds managed by CapMan have invested in 153 companies in the Nordic countries and exited from 86 companies. The latest investments are made in Finnish Tamro MedLab Oy, Danish ScanJour A/S, Swedish Neoventa AB and Norwegian InfoCare ASA. The portfolio of CapMan’s first private equity real estate fund consists of 19 commercial properties in the Helsinki metropolitan area. CapMan Plc is listed on the Main List of the Helsinki Stock Exchange. www.capman.com