Amer Group purchase of its own bonds

Amer Group today purchased USD 2,75 million of the convertible subordinated bonds issued in 1993, representing 123,662 Amer Group A shares. The current amount of the loan outstanding is USD 73.75 million. In total, Amer has now repurchased USD 37.85 million convertible subordinated bonds, representing 1,702,033 Amer Group A shares.

According to the terms of the bonds, all bonds purchased by Amer may not be reissued or resold. According to the Companies Act, these bonds may not be converted into shares.


AMER GROUP PLC
Communications Department

Marjo Kosonen
Secretary, Communications
Tel. +358 9 7257 8309
Fax +358 9 791 385
E-mail: marjo.kosonen@amer.fi


For further information, please contact:

Mr. Pekka Paalanne, Senior Vice President & CFO,
Tel. +358 9 7257 8212
Mr. Jari Melgin, Treasurer, Tel. +358 9 7257 8233