CapMan CFO Resigns

Kaisa Arovaara is stepping down as chief financial officer of CapMan, effective January 31, 2010. she joined the firm in 2006, and will be replaced on an interim basis by senior partner Olli Liitola.

PRESS RELEASE

CFO and member of CapMan Plc’s management group Kaisa Arovaara, M.Sc. (Econ.), APA, will resign from CapMan as of 31 January 2010.

Kaisa Arovaara joined CapMan in 2006 as Deputy CFO and she was nominated as CFO and a member of CapMan Plc’s management group in 2007.

Kaisa Arovaara will carry on her duties until 31 January 2010. Senior Partner Olli Liitola, M.Sc. (Eng.), will thereafter assume responsibilities as acting CFO until a new CFO is appointed. Liitola served as CapMan Plc’s CFO before Ms. Arovaara for several years. CapMan has launched the executive search for a new CFO.