TietoEnator: Share Warrants Attached to the Bonds with Warrants 1999/I and 1999/II


ESPOO, Finland, Feb. 14, 2002 (PRIMEZONE) -- In 1999 TietoEnator Corporation offered two similar Bond Loans with Warrants (1999/I and 1999/II) to its personnel. Bonds with Warrants 1999/I was offered for subscription to the employees of the former Tieto Corporation Oyj and Bonds with Warrants 1999/II to the employees of the former Enator AB (publ). The Bond Loan 1999/I was subscribed by 3.373 and the Bond Loan 1999/II by 2.636 employees.

There is a maximum of 2,800,000 warrants attached to the Bond Loans ("Warrants 1999"). Each Warrant 1999 will entitle its holder to subscribe for one (1) TietoEnator share. The subscription price of the share is EUR 36.30. The shares can be subscribed during the period from 2 May, 2002 to 31 May, 2005.

The Board of Directors of TietoEnator Oyj has decided that the share subscription places shall be PCA Corporate Finance Oy, Etelaranta 12, 00130 Helsinki, Finland for Warrants 1999 booked in the Finnish securities systems and Svenska Handelsbanken AB (publ), SE 106 70 Stockholm, Sweden for Warrants 1999 booked in the Swedish securities system.

Instructions for the share subscription both in Finnish and Swedish securities systems will be given prior to the commencement of the subscription period.

The Board of Directors for TietoEnator Oyj has decided to seek listing for the Warrants 1999 and the additional slots of shares subscribed with Warrants 1999 on the main list of Helsinki Exchanges and on Stockholmsborsen. New shares subscribed with the Warrants 1999 will not be listed separately. The subscribed shares will be listed as an additional slot pari passu with the old shares after the registration of the new share capital.

The listings timetable 2002 for Helsinki Exchanges, concerning shares subscribed in the Finnish securities system with Warrants 1999:


 -- Shares subscribed by May 2, 2002, including this day, will be
    listed on or about May 7, 2002
 
 -- Shares subscribed by June 3, 2002, including this day, will be
    listed on or about June 6, 2002
 
 -- Shares subscribed by August 5, 2002, including this day, will be
    listed on or about August 8, 2002
 
 -- Shares subscribed by October 7, 2002, including this day, will be
    listed on or about October 10, 2002
 
 -- Shares subscribed by December 2, 2002, including this day, will
    be listed on or about December 5, 2002
 
 -- Shares subscribed by December 31, 2002, including this day, will
    be listed on or about January 7, 2003

The listings timetable 2002 for Helsinki Exchanges, concerning shares subscribed in Swedish securities system with Warrants 1999:


 -- Shares subscribed by May 24, 2002, including this day, will be
    listed on or about June 6, 2002
 
 -- Shares subscribed by July 24, 2002, including this day, will be
    listed on or about August 8, 2002
 
 -- Shares subscribed by September 26, 2002, including this day, will
    be listed on or about October 10, 2002
 
 -- Shares subscribed by November 25, 2002, including this day, will
    be listed on or about December 5, 2002
 
 -- Shares subscribed by December 31, 2002, including this day, will
    be listed on or about January 17, 2003

The listings timetable 2002 for Helsinki Exchanges, concerning the shares subscribed with the warrants attached to the Employee Bond Loan 1998

Shares subscribed by and on the dividend record date, if any, decided by the annual general meeting will be listed on or about the third banking day after the dividend record date. If the annual general meeting does not decide to pay dividend the shares subscribed by the day of the annual general meeting, including this day, will be listed on or about the third banking day after the annual general meeting. Otherwise the listings timetable will be the same as for shares subscribed in the Finnish securities system with Warrants 1999 (See above).

The listings timetable 2002 for Helsinki Exchanges, concerning the shares subscribed with Warrants 1999/2003


 -- Shares subscribed by March 14, 2002, including this day, will be
    listed on or about the third banking day after the dividend
    record date, if any. If the annual general meeting does not decide
    to pay dividend the shares subscribed by the day of the annual
    general meeting, including this day, will be listed on or about
    the third banking day after the annual general meeting. Otherwise
    the listings timetable will be the same as for shares subscribed
    in the Swedish securities system with Warrants 1999 (See above).

With over 10,000 employees and annual net sales of EUR 1.1 billion, TietoEnator is a leading supplier of high value-added IT services in Europe. TietoEnator specialises in consulting, building and hosting its customers' business operations in the digital economy. The Group's services are based on a combination of deep industry-specific expertise and latest information technology. www.tietoenator.com

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