Stock Exchange Release - 2 March 2004

Disclosure of changes in shareholdings in accordance with chapter 2, section 10 of the Securities Market Act

The combined ownership of Ari Tolppanen and Aristo Invest Oy, a corporation under Ari Tolppanen’s control, has decreased to under three-twentieth (3/20) in CapMan Plc due to the share sale made today 2 March 2004. In accordance with Chapter 2, Section 10 of the Securities Market Act, we announce the following information to the Financial Supervision Authority and CapMan Plc.

1. The name of the company in question:

CapMan Plc

2. Date of the ownership change:

2 March 2004

3. The combined shareholding of Aristo Invest Oy and Ari Tolppanen in CapMan Plc is now as follows:

No. of

% of

% of

shares

shares

votes

Aristo Invest Oy

A shares

2,447,032

3.28

16.68

B shares

7,108,392

9.52

4.85

Ari Tolppanen

A shares

0

0

0

B shares

500,528

0.67

0.34

In total

A shares

2,447,032

3.28

16.68

B shares

7,608,920

10.19

5.19

ALL IN TOTAL

10,055,952

13.47

21.87

CapMan Plc’s share capital consists of 74,681,630 shares (8,000,000 A shares and 66,681,630 B shares). The shares have 146,681,630 votes in total.

4. A complete name and trade register number of the shareholder

Aristo Invest Oy, trade register number 348,916, Business ID 594374-5

Ari Tolppanen

Helsinki, 2 March 2004-03-02

Aristo Invest Oy

Ari Tolppanen

CAPMAN PLC