CORRECTION: Sonera's retail and employee offering - principles of acceptance

Ministry of Transport and Communications
Publication date 16.11.1998 6.00
Press release -

In the Finnish retail offering of Sonera Group plc the purchase commitments will be fully accepted up to 820 shares.

The number of shares to be accepted per investor increased from what was previously informed after those purchase commitments which were made by same investors in numerous bank branches were combined. As a result, also the purchase commitments in the bonus offering could be accepted in full up to 820 shares.

In addition, ten more shares will be accepted of the purchase commitments of randomly selected investors within the group of other retail investors.

In the employee offering of Sonera, subscriptions will be accepted in full up to 600 shares. In addition, 14 percent of the exceeding part will be accepted.

Investors will be sent letters stating the accepted numbers of shares.