Stock Exchange & Press Releases 1998

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Elektrobit Group Oyj - OFFER PRICE OF JOT AUTOMATION GROUP OYJ'S INITIAL PUBLIC OFFERING SET AT FIM 90

September 10, 1998

OFFER PRICE OF JOT AUTOMATION GROUP OYJ'S INITIAL PUBLIC OFFERING SET AT FIM 90


The Offer price of the shares in JOT Automation Group Oyj's Initial Public Offering has been set at FIM 90 per share in the offering to institutional and retail investors and at FIM 81 per share in the offering to the Group's employees. The indicative offer price range was FIM 85 to FIM 100 per share. In the offering a total of 500,000 new shares were offered by the Company and a total of 2,861,000 existing shares were offered by JOT Automation Group Oyj's shareholders.

The amount of outstanding shares of JOT Automation Group Oyj following the offering will be 8,530,860.

Investors were offered 39.4% of the share capital of JOT Automation Group Oyj.

The Board of Directors and owners of JOT Automation Group Oyj took the final decision on to increase the Company's share capital and decided on the offer price as well as the number of shares to be issued and sold on September 9, 1998. They also decided on the allocation of the shares offered among investors.

The Offering was over 3 times subscribed. Of the total of 3,361,000 shares offered, approximately 88% were allocated to Finnish and international institutional investors and approximately 12% to Finnish retail investors and to the employees of JOT Automation Group. The foreign ownership of the Company is approximately 17% after the Offering.

The offered shares were allocated to over 2,000 new investors.

Subscription offers of retail investors in Finland and the Group's employees were received by OKOBANK Group. The extra subscription payments received will be paid to investors' bank accounts on or about September 14, 1998.

Trading of the shares is expected to commence on the Helsinki Stock Exchange on September 15, 1998.

Oulunsalo, Finland September 10, 1998

JOT Automation Group Plc
The Board of Directors

Jorma Terentjeff
President, CEO