Nominations in CapMan Group

CapMan press release 21 January 2010 1.00 p.m.

Nominations in CapMan Group

Espen Stenumgård, a member of the CapMan Buyout team, has been appointed Partner, and Mikael Moll, a member of the CapMan Public Market team, has been appointed Investment Manager.

Espen Stenumgård, M.Sc. (Econ), has been appointed Partner. He has been with the company since 2006 and is based in the Oslo office. Stenumgård has been actively involved in portfolio companies Cargo Partner and Avelon, and also in the development of CapMan as a leading player in the Norwegian Private Equity market. He previously worked for Catch Communications ASA, Kistefos Venture Capital, and Bain & Company.

Mikael Moll, M.Sc. (Econ), has been appointed Investment Manager. He joined CapMan as an Investment Analyst in 2008 and is based in Stockholm. Mikael has been involved in the CapMan investments in Nobia, Intrum Justitia and Proffice. He previously worked in the Investment Banking Division of Merrill Lynch in London, focusing on Nordic transactions.

For more information, please contact:

Tuomo Raasio, Head of CapMan Buyout, Senior Partner on +358 207 207 505 or +358 400 405 682

Jukka Ruuska, Head of CapMan Public Market, Senior Partner on +358 207 207 571 or +358 50 1732

CapMan www.capman.com

CapMan is one of the leading alternative asset managers in the Nordic countries and Russia and manages private equity funds with approximately EUR 3.5 billion in total capital. CapMan has six investment areas (CapMan Buyout, CapMan Technology, CapMan Life Science, CapMan Russia, CapMan Public Market and CapMan Real Estate), and each of them has a dedicated team and funds. Altogether CapMan employs approx. 150 people in Helsinki, Stockholm, Copenhagen, Oslo and Moscow. CapMan was established in 1989 and its B shares are listed on the Helsinki Stock Exchange since 2001.

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