ETTEPLAN TO PURCHASE OWN SHARES

ETTEPLAN TO PURCHASE OWN SHARES

Etteplan Oyj’s Board of Directors has resolved to begin to purchase
the company´s own shares through public trading, in accordance with
an authorisation from the annual general meeting of 26 March 2003.

Under the AGM’s authorisation, the company may purchase a maximum
of 213.730 shares in the company with a book par value of EUR 0.10
per share at the current market price, in such a way that the
combined par nominal value of the shares purchased and the voting
rights they confer are a maximum of five (5) per cent of the
company’s share capital and voting rights conferred by all the
shares.

In accordance with the authorisation, the shares will be acquired
for use as a means of payment in case of corporate acquisitions or
to be used in other structural arrangements. The shares purchased
may also be cancelled.

The purchases will be launched on 20 May 2003 at the earliest.


Hollola, 12 May 2003

Etteplan Oyj

Board of Directors


For further information, please contact CEO Heikki Hornborg,
tel. (+358 3) 872 9011, mobile (+358 400) 873 063.


DISTRIBUTION      Helsinki Stock Exchange
                  www.etteplan.com