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Option schemes

Option Plan II

The Board of Directors decided on 26 February 2002 to offer 500,000 (EUR 20,000) stock options to the company's President and CEO, the members of the Board of Directors, other management and key personnel, as determined by the Board. The options are divided into four series: A, B, C and D.

The subscription period for options of series A started on 1 October 2003 (series A1) and on 1 October 2004 (series A2). The subscription price for options of series A was defined on 1 August 2002 - 31 August 2002 and is EUR 1.88, with adjustment for dividends paid in 2003. The number of options allocated for series A is 10,000 + 10,000. The subscription period for options of series B started on 1 October 2004 (series B1) and on 1 October 2005 (series B2). The subscription price for options of series B was defined on 1 August 2003 - 31 August 2003 and is EUR 1.56, with adjustment for dividends paid in 2004. The number of options allocated for series B is 82,500 + 22,500. At the end of the financial year, 50,000 company shares had been subscribed with the options.

The subscription period for options of series C started on 1 October 2005 (series C1) and 1 October 2006 (series C2). The subscription price for options of series C was defined on 1 August 2004 - 31 August 2004 and is EUR 3.32, with adjustment for dividends paid in 2005. The number of options allocated for series C is 100,000 + 35,000. At the end of the financial year, 49,000 company shares had been subscribed with the options. The subscription period for options of series D started on 1 October 2006 (series D1) and on 1 October 2007 (series D2). The subscription price of options of series D was defined on 1 August 2005 - 31 August 2005. nd is EUR 3.22, with adjustment for dividends paid in 2006. The number of options allocated for series D is 127,500 + 112,500. At the end of the financial year, 80,500 company shares had been subscribed with the options. More detailed terms can be found in the terms and conditions of the stock options plan.

Stock Options Plan III

The General meeting decided on 14 March 2006 to offer 400,000 (EUR 16,000) stock options to the company's President and CEO, other management as well as key personnel, as determined by the Board. The stock options will be divided into series A and B.
The subscription period for options of series A started on 1 October 2007 (series A1) and starts on 1 October 2008 (series A2). The subscription price of options of series A was defined on 1 January 2006 - 31 March 2006 based on the trade volume weighted average quotation of the company's share and is EUR 4.13. A total number of 250,000 options have been allocated to the options of series A (125,000 options to series A1 and 125,000 options to series A2).

The subscription period for options of series B starts on 1 October 2008 (series B1) and on 1 October 2009 (series B2). The subscription price of
options of series B was defined on 1 January 2007 - 31 March 2007 based on the trade volume weighted average quotation of the company's hare and is EUR 5.10. A total number of 150,000 options have been allocated
                             
The rules of the option plan were published in a stock exchange release on 17 March 2006.

Stock Option Plan III