FINNLINES INFORMS

 

Finnlines Plc STOCK EXCHANGE RELEASE 8 December 2006

FINNLINES INFORMS

Finnlines has today received the Stock Exchange Release of Grimaldi Compagnia Di Navigazione S.p.A. dated 8 December 2006.

The offer period in Grimaldi Compagnia di Navigazione S.p.A’s public tender offer for all of the issued and outstanding shares in Finnlines Plc expired on Friday 1 December 2006.

According to the final result of the Tender Offer, Grimaldi was offered 85,503 shares in Finnlines in the Tender Offer.

When taking into account the abovementioned shares, Grimaldi Group's holding and share of votes in Finnlines will rise to 46.4 per cent.

Finnlines Plc

Seija Turunen Lars Trygg

Distribution
Helsinki Stock Exchange
Main Media

Enclosure

STOCK EXCHANGE RELEASE 8 December 2006 9.30 AM

FINAL RESULT OF GRIMALDI COMPAGNIA DI NAVIGAZIONE S.P.A.’S PUBLIC
TENDER OFFER FOR ALL SHARES IN FINNLINES PLC

The offer period in Grimaldi Compagnia di Navigazione S.p.A’s
(“Grimaldi”) public tender offer (”Tender Offer”) for all of the
issued and outstanding shares in Finnlines Plc (“Finnlines”)
expired on 1 December 2006. According to the final result of the
Tender Offer, Grimaldi was offered 85,503
shares in Finnlines in the Tender Offer. When taking into account
the abovementioned shares, Grimaldi Group's holding and share of
votes in Finnlines will rise to approximately 46.4 per cent.
The Tender Offer will be consummated in accordance with the terms
and conditions of the Tender Offer not later than on the fourth
(4th) banking day following the
termination of the tender offer period, i.e. today, on 8 December
2006.
The offer consideration will be paid to those Finnlines’
shareholders who accepted the Tender Offer in accordance with the
terms and conditions of the Tender Offer on or about the third
(3rd) banking day following the date of
completion trade, i.e. on 13 December 2006.
Grimaldi’s objective was to offer to Finnlines’ shareholders an
opportunity to sell their shares at the same or higher price than
the main owners of Finnlines and to fulfil its future mandatory
offer obligation according to the implementing provisions of
Chapter 6 of the Securities Markets Act, which would
have arisen due to fact that Grimaldi’s ownership exceeded 30 per
cent of the total voting rights attached to Finnlines’ shares in
June 2006. By consummating the Tender Offer Grimaldi achieves the
aforesaid objectives.

Grimaldi Compagnia di Navigazione S.p.A.
BOARD OF THE DIRECTORS
Further information:
Emanuele Grimaldi, Managing Director, Grimaldi Group,
Phone: +39 081 496460
Minna Avellan, Account Executive, Hill and Knowlton Finland Ltd,
Phone: +358 9 3486 1209
Further information on the transaction:
Esa Pensala, Director, Evli Bank Plc, Corporate Finance,
Phone: +358 9 4766 9786
DISTRIBUTION
Helsinki Stock Exchange
Main media