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þriðjudagur, 23. júlí 2019

október, 2007

 

Surpasses Toughest Competitors to Reach #1 BOSTON, MA--(Marketwire - October 04, 2007) - ManageSoft -- the leading supplier of Enterprise Compliance Management solutions -- announced today that it was awarded first place in InfoWeek.ch's software license management product review. ManageSoft's featured product -- Compliance Manager -- was stacked up against competitors in a head-to-head battle. ManageSoft's integration of license compliance, asset recognition, business intelligence, and reporting console provided the winning closed-loop system. "It became clear with all the products that it is impossible to separate license management from hardware and software asset management, and that integration with Client Lifecycle Management is indispensable," stated Markin Kuppinger, author of InfoWeek.ch's "Software Licenses Completely Under Control" article. "ManageSoft was the only solution that received a gold star in every category of the InfoWeek.ch software management review," noted Steve Mullins, certified SAM expert and product marketing manager at ManageSoft. "The results solidify the need for tools that provide an end-to-end solution. ManageSoft is setting the standard, by which others will be measured." About ManageSoft ManageSoft is the leading supplier of Enterprise Software Management solutions that include compliance products to optimize license and maintenance expenditures, as well as, software deployment products that provide the lowest cost and lightest weight architecture to enable automatic software, patch, and operating system installations. We enable a quick baseline to be established, immediate notification of compliance drift, and recommendations for resolution. The company's products are based on open industry SAM, ISO and ITIL standards and ManageSoft contributes to defining future standards with membership in IBSMA, IAITAM, itSMF, BSA, and Microsoft SAM. ManageSoft has developed key business partner relationships with HP, IBM, Microsoft (Gold Certified), and Siemens services. The company is headquartered at 101 Federal St, Boston, MA. 02110. Telephone: +1.617.532.1600, Fax: +1.617.532.1605, Email: ITcompliance@managesoft.com, Websites: ManageSoft.com or ContinuousITCompliance.com ManageSoft is a registered trademark of ManageSoft, Incorporated. All other companies and products referenced herein are trademarks or registered trademarks of their respective holders. Allison Charbonneau Media Relations Manager ManageSoft Corporation +1.617.532.1603 Allison.Charbonneau@ManageSoft.com Alan Swahn VP of Marketing and Business Dev. ManageSoft Corporation +1. 617.532.1630 Alan.Swahn@ManageSoft.com


 

The financial services group Exista hf. announced today, that the group has decided to vote for share capital increase and a rights issue in Storebrand ASA, to finance the proposed acquisition of SPP Livförsäkring AB, in Storebrand's extraordinary general meeting on the 24th of October. Exista currently holds 8.5% of the share capital in Storebrand. Exista intends to sub-underwrite a part of the rights issue which could result in Exista holding 9.9% of Storebrand's share capital after the increase. Lydur Gudmundsson, Executive Chairman of Exista: "Following the acquisition of SPP, Storebrand will become the leading life insurance and pension provider in the Nordic region. We believe the acquisition opens up new opportunities for the company. Our decision to participate in the rights issue entails that we see Storebrand as a longer term holding." Enquiries: Exista hf. Sigurdur Nordal Managing Director Group Communications ir@exista.com +354 550 8620 / +354 860 8620 About Exista Exista is a financial services group with operations in the areas of insurance, asset finance and investments. The company is a leading insurance underwriter in Iceland, as well as being the country's largest provider of asset finance products. As an international investor, Exista has strategic holdings in several companies, including Sampo Group, Kaupthing Bank, Bakkavör Group, and Skipti (Iceland Telecom). As of 30 June 2007, Exista's total assets amounted to EUR 7.7 billion. Exista is listed on the OMX Nordic Exchange in Iceland and its shareholders number over 30 thousand. Information on Exista can be found on the group's website: www.exista.com


 

FORM 8.3 DEALINGS BY PERSONS WITH INTERESTS IN SECURITIES REPRESENTING 1% OR MORE (Rule 8.3 of the Takeover Code) 1. KEY INFORMATION +-------------------------------------------------------------------+ | Name of person dealing (Note 1) | Tisbury Capital Management | | | LLP | |--------------------------------------+----------------------------| | Company dealt in | Resolution Plc | |--------------------------------------+----------------------------| | Class of relevant security to which | | | the dealings being | 5p ordinary | | disclosed relate (Note 2) | | |--------------------------------------+----------------------------| | Date of dealing | 18 October 2007 | +-------------------------------------------------------------------+ 2. INTERESTS, SHORT POSITIONS AND RIGHTS TO SUBSCRIBE (a) Interests and short positions (following dealing) in the class of relevant security dealt in (Note 3) +-------------------------------------------------------------------+ | | Long | Short | | | | | |--------------------------------+-------------------+--------------| | | Number | (%) | Number | (%) | | | | | | | |--------------------------------+-----------+-------+--------+-----| | (1) Relevant securities | | | | | | | | | | | |--------------------------------+-----------+-------+--------+-----| | (2) Derivatives (other than | | | | | | options) | 7,446,854 | 1.085 | | | | | | | | | |--------------------------------+-----------+-------+--------+-----| | (3) Options | | | | | | and agreements to | | | | | | purchase/sell | | | | | | | | | | | |--------------------------------+-----------+-------+--------+-----| | Total | 7,446,854 | 1.085 | | | | | | | | | +-------------------------------------------------------------------+ (b) Interests and short positions in relevant securities of the company, other than the class dealt in (Note 3) +-------------------------------------------------------------------+ | Class of | Long | Short | | relevant security: | | | | | | | |-------------------------------------+--------------+--------------| | | Number | (%) | Number | (%) | | | | | | | |-------------------------------------+--------+-----+--------+-----| | (1) Relevant securities | | | | | | | | | | | |-------------------------------------+--------+-----+--------+-----| | (2) Derivatives (other than | | | | | | options) | | | | | | | | | | | |-------------------------------------+--------+-----+--------+-----| | (3) Options | | | | | | and agreements to purchase/sell | | | | | | | | | | | |-------------------------------------+--------+-----+--------+-----| | Total | | | | | | | | | | | +-------------------------------------------------------------------+ (c) Rights to subscribe (Note 3) +---------------------------------+ | Class | Details | | of relevant security: | | | | | |-----------------------+---------| | | | +---------------------------------+ 3. DEALINGS (Note 4) (a) Purchases and sales +--------------------------------------------+ | Purchase/sale | Number of | Price per | | | securities | unit (Note 5) | |---------------+------------+---------------| | | | | | | | | |---------------+------------+---------------| | | | | +--------------------------------------------+ (b) Derivatives transactions (other than options) +-------------------------------------------------------------------+ | Product | Long/short | Number of securities | Price per | | name, | (Note 6) | (Note 7) | unit (Note 5) | | e.g. CFD | | | | |----------+------------+---------------------------+---------------| | CFD | Long | 429,962 | 707.1731 GBp | +-------------------------------------------------------------------+ (c) Options transactions in respect of existing securities (i) Writing, selling, purchasing or varying +------------------------------------------------------------------------------------+ |Product |Writing, selling, |Number of |Exercise|Type, e.g.|Expiry|Option money | |name, |purchasing, varying|securities |price |American, |date |paid/received | |e.g. call|etc. |to which the| |European | |per unit (Note| |option | |option | |etc. | |5) | | | |relates | | | | | | | |(Note 7) | | | | | +------------------------------------------------------------------------------------+ (ii) Exercising +-------------------------------------------------------------------+ | Product name, e.g. | Number of securities | Exercise price per | | call option | | unit (Note 5) | | | | | |--------------------+----------------------+-----------------------| | | | | | | | | +-------------------------------------------------------------------+ (d) Other dealings (including new securities) (Note 4) +-------------------------------------------------------------------+ | Nature of transaction | Details | Price per unit (if applicable) | | (Note 8) | | (Note | | | | 5) | |-----------------------+---------+---------------------------------| | | | | | | | | +-------------------------------------------------------------------+ 4. OTHER INFORMATION Agreements, arrangements or understandings relating to options or derivatives +-------------------------------------------------------------------+ | Full details of any agreement, | | arrangement or understanding between the person disclosing and | | any other | | person relating to the voting rights of any relevant securities | | under any | | option referred to on this form or relating to the voting rights | | or future | | acquisition or disposal of any relevant securities to which any | | derivative | | referred to on this form is referenced. | | If none, this should be stated. | |-------------------------------------------------------------------| | | | NONE | | | +-------------------------------------------------------------------+ Is a Supplemental Form 8 attached? (Note 9) NO +-------------------------------------------------------------------+ | Date | | | of disclosure | 19/10/2007 | |------------------------------------------------+------------------| | Contact | | | name | Julien Naginski | |------------------------------------------------+------------------| | Telephone | | | number | +44 20 7268 8642 | |------------------------------------------------+------------------| | If a connected EFM, name of offeree/offeror | | | with | | | which connected | | |------------------------------------------------+------------------| | If | | | a connected EFM, state nature of connection | | | (Note 10) | | +-------------------------------------------------------------------+ Notes The Notes on Form 8.3 can be viewed on the Takeover Panel's website at www.thetakeoverpanel.org.uk ---END OF MESSAGE---


 

Mortsel (Belgium), October 19, 2007 The German and international press have published various articles on alleged claims and lawsuits by the insolvency receiver of AgfaPhoto GmbH. Agfa-Gevaert has not received any formal claims by the insolvency receiver of AgfaPhoto GmbH nor is Agfa-Gevaert currently engaged in litigation proceedings with the insolvency receiver of AgfaPhoto GmbH. Agfa-Gevaert has meritorious positions on the reported alleged claims and will defend itself vigorously if any such claims were brought. According to certain press reports, the insolvency receiver of AgfaPhoto GmbH would be claiming an amount of 60 million Euro from Agfa-Gevaert in connection with a capital increase of AgfaPhoto GmbH in the context of the divestiture of Agfa-Gevaert's Consumer Imaging Business in 2004. Agfa-Gevaert has not received a formal claim by the insolvency receiver of AgfaPhoto GmbH nor is it aware that such a claim would have been filed. Agfa-Gevaert is of the firm opinion that the alleged claim lacks a sustainable basis. The capital increase was scrutinized by independent auditors and the modalities of the capital increase were reviewed and accepted by the competent court. Agfa-Gevaert will defend itself vigorously against any claims challenging the appropriateness of the capital increase. In the same vein, it is reported that Agfa-Gevaert would be engaged in arbitration proceedings with the insolvency receiver of AgfaPhoto GmbH before the International Chamber of Commerce (ICC) concerning an alleged payment obligation of 46 million Euro. No such proceedings are currently pending and Agfa-Gevaert is not aware that the insolvency receiver would have lodged a claim with the ICC. Immediately after the insolvency filing of AgfaPhoto GmbH in May 2005, Agfa-Gevaert has, in order to support the preliminary receiver and the new management in the objective to preserve the operations and employment of AgfaPhoto GmbH, agreed to perform certain distribution activities. To this end an agreement was signed with AgfaPhoto GmbH's preliminary receiver, Dr. Ringstmeier, and the new management of AgfaPhoto GmbH according to which Agfa-Gevaert is to pay for the goods supplied by AgfaPhoto GmbH only if and when the end customer has paid its invoices. It was further agreed that Agfa-Gevaert itself would not be exposed to any commercial or financial risks in connection with the distribution of AgfaPhoto's consumer imaging products. The settlement of payments under this arrangement with the insolvency receiver of AgfaPhoto GmbH is an ongoing process. Agfa-Gevaert regrets to have to express itself on an ongoing commercial settlement process through the media. Contact Agfa-Gevaert Katia Waegemans Director Corporate Communication tel. ++32 (0)3/444.7124 fax. ++32 (0)3/444.7485 e-mail: katia.waegemans@agfa.com Johan Jacobs Corporate Press Relations Manager tel. ++32 (0)3/444.8015 fax. ++32 (0)3/444.7485 e-mail: johan.jacobs@agfa.com


 

NOT FOR RELEASE, DISTRIBUTION OR PUBLICATION, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES ** Guernsey, 19 October 2007 - The replay of the conference call held on 18 October 2007 on the results for the first financial period ended 31 July 2007 is now available in the Investor Centre section ("Others Documents") of the Company's website (www.voltafinance.com). ** ABOUT VOLTA FINANCE LIMITED Volta Finance Limited is incorporated in Guernsey under the Companies (Guernsey) Laws, 1994 to 1996 (as amended) and listed on Euronext Amsterdam. Its investment objectives are to preserve capital and to provide a stable stream of income to its shareholders through dividends. For this purpose, it pursues a multi-asset investment strategy targeting various underlying assets. Volta Finance's basic approach to its underlying assets is through vehicles and arrangements that provide leveraged exposure. The exposure to those underlying assets is gained through direct and indirect investment in five principal asset classes: corporate credits, CDOs, ABS, leveraged loans, and infrastructure assets. Volta Finance has appointed AXA Investment Managers Paris, an investment management company with a division specialised in structured credit, for the investment management of all its assets. ABOUT AXA INVESTMENT MANAGERS AXA Investment Managers (AXA IM) is a multi-expert asset management company within the AXA Group, a global leader in financial protection and wealth management. AXA IM is one of the largest European-based asset managers with ¤550 billion in assets under management as of the end of March 2007. AXA IM employs approximately 2,800 people around the world and operates out of 19 countries. CONTACTS Company Secretary Mourant Guernsey Limited volta.finance@mourant.com +44 (0) 1481 715601 Porfolio Administrator Deutsche Bank voltaadmin@list.db.com For the Investment Manager AXA Investment Managers Paris Julien Laplante julien.laplante@axa-im.com +33 (0) 1 44 45 94 92 *** This press release is for information only and does not constitute an invitation or inducement to acquire shares in Volta Finance. Its circulation may be prohibited in certain jurisdictions and no recipient may circulate copies of this document in breach of such limitations or restrictions. This press release is not an offer of securities for sale in the United States. Securities may not be offered or sold in the United States absent registration with the United States Securities and Exchange Commission or an exemption from registration under the U.S. Securities Act of 1933, as amended (the "Securities Act"). Volta Finance has not registered, and does not intend to register, any portion of any offering of its securities in the United States or to conduct a public offering of any securities in the United States. *** This press release does not constitute or form any part of an offer or invitation to sell or issue, or any solicitation of an offer to purchase or subscribe for, any shares in Volta Finance Limited in the United Kingdom. The contents of this press release have not been approved by an authorised person and recipients of this press release who intend to purchase or subscribe for shares in Volta Finance Limited are reminded that the shares are available only to, and any invitation, offer or agreement to subscribe, purchase or otherwise acquire such shares will be engaged in only with (i) persons who are outside the United Kingdom, or (ii) investment professionals falling within Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the ''Order''), or (iii) high net worth entities, and other persons to whom it may lawfully be communicated, falling within Article 49(2)(a) to (d) of the Order (all such persons being referred to as ''Relevant Persons''). ***


 

Major Norwegian industrial player chooses Intelecom as service provider for hosted telephony services. The industrial company in question has chosen Intelecom as the provider of a new and hosted telephony solution for its head office in Oslo and its Norwegian production facilities. ________________________________________ Since breaking away from an industrial conglomerate, the global and world leading company in its field has been looking to find a new provider for telephony services. The company decided to go for a solution whereby Intelecom provides advanced business telephony as a service. Intelecom has the complete responsibility for the production platform and the day-to-day management and availability guarantees. The contract value is in the region of NOK 4 million, with a potential duration of 3 years - with annual renewals thereafter. CEO of Intelecom, Eivind Hauglie-Hanssen, comments: "We are very pleased to win this contract. Not only are we shown confidence by one of Norway`s leading international companies - it also represents a substantial addition to our customer portfolio of TaaS (Telephony as a Service)." About Intelecom Intelecom Group ASA is a leading company in development, integration, delivery and operation of communication solutions to the enterprise market. The Group has subsidiaries in Norway, Sweden, Denmark and the UK and supplies services and solutions that are adapted to the individual customer`s business and requirements. For more information, contact CEO Eivind Hauglie-Hanssen on +47 03050 or send an e-mail to post@intele.com


 

Press release from Ship Finance International Limited, October 19, 2007 Hamilton, Bermuda. October 19, 2007. Ship Finance International Limited (NYSE:SFL) ("Ship Finance" or the "Company") today announced that the Board of Directors has approved a share repurchase program of up to 7 million shares. Initially, the intention is to finance all or a part of this by the use of total return swaps ("TRS" or "Equity swap") with international banks (the "Banks"). After a review of its long-term prospects and dividend capacity, the Company's Board of Directors has concluded that a share repurchase program in combination with a financing arrangement can enhance the returns for our shareholders while at the same time preserving the Company's capacity for new accretive asset acquisitions. The maturity of the TRS agreements will be up to 12 months, and the Banks will be compensated for their carrying cost plus a margin. Based on the latest announced dividend and the current share price, the annualized dividend yield on Ship Finance's shares well exceeds the financing costs for the Equity swap program. Mr. Craig H. Stevenson, Chairman in Ship Finance, said in a comment: "The share repurchase program and related financing confirms the Company's strategy of maximizing returns for shareholders. The long-term dividend capacity is supported by a very high fixed-rate charter revenue backlog, while short-term market movements in the share price may be influenced by other factors. All companies should have the flexibility to do the most accretive deals for its shareholders, and with the announced share repurchase program, Ship Finance will be in a position to also take advantage of opportunities relating to the pricing of the shares in the market". October 19, 2007 The Board of Directors Ship Finance International Limited Hamilton, Bermuda Contact Persons: Lars Solbakken: Chief Executive Officer, Ship Finance Management AS +47 2311 4006 / +47 9119 8844 Ole B. Hjertaker: Chief Financial Officer, Ship Finance Management AS +47 2311 4011 / +47 9014 1243 About Ship Finance Ship Finance is a major vessel owning company listed on the New York Stock Exchange (NYSE: SFL). Including newbuildings and announced acquisitions, Ship Finance has a fleet consisting of 71 vessels, including 37 crude oil tankers (VLCC and Suezmax), 8 oil/bulk/ore vessels, 13 container vessels, 3 dry bulk carriers, 2 jack-up drilling rigs and 5 offshore supply vessels and 3 seismic vessels. The fleet is one of the largest in the world with a total cargo capacity of more than 11 million dwt. and most of the vessels are employed on medium or long term charters. More information can be found on the Company's website: www.shipfinance.org Cautionary Statement Regarding Forward Looking Statements This press release may contain forward looking statements. These statements are based upon various assumptions, many of which are based, in turn, upon further assumptions, including Ship Finance management's examination of historical operating trends. Although Ship Finance believes that these assumptions were reasonable when made, because assumptions are inherently subject to significant uncertainties and contingencies which are difficult or impossible to predict and are beyond its control, Ship Finance cannot give assurance that it will achieve or accomplish these expectations, beliefs or intentions. Important factors that, in the Company's view, could cause actual results to differ materially from those discussed in this presentation include the strength of world economies and currencies, general market conditions including fluctuations in charter hire rates and vessel values, changes in demand in the tanker market as a result of changes in OPEC's petroleum production levels and world wide oil consumption and storage, changes in the Company's operating expenses including bunker prices, dry-docking and insurance costs, changes in governmental rules and regulations or actions taken by regulatory authorities, potential liability from pending or future litigation, general domestic and international political conditions, potential disruption of shipping routes due to accidents or political events, and other important factors described from time to time in the reports filed by the Company with the United States Securities and Exchange Commission.


 

Bakkavör Group will publish its interim results for the first nine months 2007 on Thursday 25 October after the closing of markets. Presentation on Friday 26 October at 16:00 A presentation for shareholders, analysts and market participants will be held on Friday 26 October at 16:00 local time (17:00 GMT London) at Ármúli 3, 108 Reykjavík. At the meeting, Ágúst Gudmundsson, CEO of Bakkavör Group will present the results and answer questions. Webcast and Conference Call A webcast from the meeting will commence at 16:00 local time (17:00 GMT London) and will be accessible on Bakkavör Group's website, www.bakkavor.com. It is also possible to participate in the meeting via conference call. Dial-in numbers are: +44 (0)20 3043 2436 (UK number) or +354 800 8660 (Icelandic number). The presentation will be available after the meeting on Bakkavör Group's website, www.bakkavor.com


 

Wärtsilä Corporation FINANCIAL CALENDAR 19 October 2007 Wärtsilä Corporation will publish its Interim Report for the period January-September 2007 on Tuesday 30 October 2007 at 8.30 a.m. Finnish time. The interim report will be available on the company website at www.wartsila.com after publishing. An analyst and press conference will be held on Tuesday 30 October 2007 starting at 10.45 a.m. Finnish time (8.45 a.m. UK time) at the Wärtsilä headquarters in Helsinki, Finland. The combined web- and teleconference can be viewed on the Internet at the following address: http://194.100.179.98:80/wip/directlink.do?newbrowser=1&pid=1841477. To participate in the teleconference and have the possibility to ask questions, please call: +358 9 8248 3735 and enter the PIN-code 8503. To only listen to the teleconference call the same number and enter PIN-code 8823. An on-demand version of the conference will be available on the company website later the same day. www.wartsila.com


 

Following the Q3 results and the continued development of our growing portfolio of both R&D projects and marketed products, we would like to present our strategy going forward and invite you to take a closer look at our exciting R&D pipeline. Biovitrum would therefore like to welcome you to participate at our first Capital Markets Day in Stockholm or London: Stockholm Date: 7 November, 2007 Local t: 09.00 - 13.00 hrs followed by a buffet lunch Location: IVA Wallenbergs salen Grev Turegatan 16 London Date: 8 November, 2007 Local time: 09.00 - 13.00 hrs followed by buffet lunch Location: Goldman Sachs International Peterborough Court 133 Fleet Street London EC4A 2BB Please register by e-mail to marianne.gripe@biovitrum.com or phone +46 8 697 34 27. We look forward to see you! Martin Nicklasson Göran Arvidson Chief Executive Officer Chief Financial Officer For more information, please contact: Biovitrum AB (publ) Martin Nicklasson, CEO Phone: +46 8 697 20 00 martin.nicklasson@biovitrum.com Göran Arvidsson, CFO Phone: +46 8 697 23 68 goran.arvidson@biovitrum.com Anna Karin Källén, Vice President, Corporate Communications Phone: +46 8 697 20 85, Mobile: +46 734 33 20 85 annakarin.kallen@biovitrum.com About Biovitrum Biovitrum is one of the largest biopharma companies in Europe. With operations in Sweden and in the UK Biovitrum conducts research and develops pharmaceuticals for unmet medical needs both for common diseases and conditions that affect smaller patient populations. Biovitrum has a broad and balanced R&D portfolio with several projects in clinical and preclinical phases for the treatment of obesity, diabetes, inflammation and eye and blood diseases as well as a number of well defined specialist indications. Biovitrum develops and produces protein-based drugs on a contractual basis and markets a range of specialist pharmaceuticals primarily in the Nordic countries. Biovitrum has revenues of approximately SEK 1.2 billion and 550 employees. Biovitrum's share is listed on the OMX Nordic Exchange in Stockholm since September 15, 2006. For more information see www.biovitrum.com/.


 

(Oslo, 19, October, 2007) In connection with the acquisition of Norgani Hotels ASA by Oslo Properties AS CEO of Norgani, Eva Eriksson has expressed a desire to be relieved of her duties as CEO. Thus, a process has been initiated to find a new CEO for Norgani Hotels. Oslo Properties expects to complete the recruitment process by the end of this year. Also, an agreement has been reached with Eva Eriksson where she will continue to assist in the forthcoming integration process until a new CEO is appointed. - I appreciate that we have finalised an agreement with Eva Eriksson and that she has agreed to assist the company in integration process until a new CEO is in place. We also look forward to co-operating with Norgani employees in order to ensure a smooth integration of Norgani Hotels, says Mr. Petter Jansen, CEO of Norwegian Property ASA, one of the major shareholders in Oslo Property AS.


 

FORM 8.3 DEALINGS BY PERSONS WITH INTERESTS IN SECURITIES REPRESENTING 1% OR MORE (Rule 8.3 of the City Code on Takeovers and Mergers) 1. KEY INFORMATION +-------------------------------------------------------------------+ | Name of person dealing (Note 1) | AXA Investment Managers UK | | | Limited/AXA Framlington | | | Investment Management Limited | |-----------------------------------+-------------------------------| | Company dealt in | Scottish & Newcastle Plc | |-----------------------------------+-------------------------------| | Class of relevant security to | Ordinary shares | | which the dealings being | | | disclosed relate (Note 2) | | |-----------------------------------+-------------------------------| | Date of dealing | 18/10/07 | +-------------------------------------------------------------------+ 2. INTERESTS, SHORT POSITIONS AND RIGHTS TO SUBSCRIBE (a) Interests and short positions (following dealing) in the class of relevant security dealt in (Note 3) +-------------------------------------------------------------------+ | | Long | Short | | | | | |---------------------------------+--------------------+------------| | | Number (%) | Number (%) | |---------------------------------+--------------------+------------| | (1) Relevant securities | 23,233,037 (2.46%) | | |---------------------------------+--------------------+------------| | (2) Derivatives (other than | | | | options) | | | |---------------------------------+--------------------+------------| | (3) Options and agreements to | | | | purchase/sell | | | |---------------------------------+--------------------+------------| | Total | 23,233,037 (2.46%) | | +-------------------------------------------------------------------+ (b) Interests and short positions in relevant securities of the company, other than the class dealt in (Note 3) +-------------------------------------------------------------------+ | Class of relevant security: | Long | Short | |-----------------------------------------+------------+------------| | | Number (%) | Number (%) | |-----------------------------------------+------------+------------| | (1) Relevant securities | | | |-----------------------------------------+------------+------------| | (2) Derivatives (other than options) | | | |-----------------------------------------+------------+------------| | (3) Options and agreements to | | | | purchase/sell | | | |-----------------------------------------+------------+------------| | Total | | | +-------------------------------------------------------------------+ (c) Rights to subscribe (Note 3) +---------------------------------------+ | Class of relevant security: | Details | |-----------------------------+---------| +---------------------------------------+ 3. DEALINGS (Note 4) (a) Purchases and sales +----------------------------------------------------------------+ | Purchase/sale | Number of securities | Price per unit (Note 5) | |---------------+----------------------+-------------------------| | Purchase | 824 | 7.61p | |---------------+----------------------+-------------------------| | Purchase | 5,610 | 7.61p | |---------------+----------------------+-------------------------| | Purchase | 26,924 | 7.67p | |---------------+----------------------+-------------------------| | Purchase | 47,321 | 7.53p | |---------------+----------------------+-------------------------| | Purchase | 98,438 | 7.61p | |---------------+----------------------+-------------------------| | Purchase | 49,803 | 7.61p | |---------------+----------------------+-------------------------| | Purchase | 14,565 | 7.67p | |---------------+----------------------+-------------------------| | Purchase | 24,062 | 7.53p | |---------------+----------------------+-------------------------| | Purchase | 50,081 | 7.61p | |---------------+----------------------+-------------------------| | Purchase | 10,276 | 7.61p | +----------------------------------------------------------------+ (b) Derivatives transactions (other than options) +-------------------------------------------------------------------+ | Product | Long/short (Note | Number of securities | Price per | | name, | 6) | (Note 7) | unit (Note | | e.g. CFD | | | 5) | |----------+------------------+------------------------+------------| | | | | | +-------------------------------------------------------------------+ (c) Options transactions in respect of existing securities (i) Writing, selling, purchasing or varying +------------------------------------------------------------------------------------+ |Product |Writing, |Number of |Exercise|Type, e.g.|Expiry|Option money | |name, |selling, |securities to which|price |American, |date |paid/received | |e.g. call|purchasing, |the option relates | |European | |per unit (Note| |option |varying etc.|(Note 7) | |etc. | |5) | |---------+------------+-------------------+--------+----------+------+--------------| +------------------------------------------------------------------------------------+ (ii) Exercising +-------------------------------------------------------------------+ | Product name, e.g. | Number of securities | Exercise price per | | call option | | unit (Note 5) | |--------------------+----------------------+-----------------------| | | | | | | | | +-------------------------------------------------------------------+ (d) Other dealings (including new securities) (Note 4) +-------------------------------------------------------------------+ | Nature of transaction | Details | Price per unit (if applicable) | | (Note 8) | | (Note 5) | |-----------------------+---------+---------------------------------| | | | | +-------------------------------------------------------------------+ 4. OTHER INFORMATION Agreements, arrangements or understandings relating to options or derivatives +-------------------------------------------------------------------+ | Full details of any agreement, arrangement or understanding | | between the person disclosing and any other person relating to | | the voting rights of any relevant securities under any option | | referred to on this form or relating to the voting rights or | | future acquisition or disposal of any relevant securities to | | which any derivative referred to on this form is referenced. If | | none, this should be stated. | |-------------------------------------------------------------------| | | | | +-------------------------------------------------------------------+ Is a Supplemental Form 8 attached? (Note 9) NO +-------------------------------------------------------------------+ | Date of disclosure | 19/10/2007 | |---------------------------------------------------+---------------| | Contact name | Maria Mauro | |---------------------------------------------------+---------------| | Telephone number | 0207 003 2812 | |---------------------------------------------------+---------------| | If a connected EFM, name of offeree/offeror with | N/A | | which connected | | |---------------------------------------------------+---------------| | If a connected EFM, state nature of connection | N/A | | (Note 10) | | +-------------------------------------------------------------------+ ---END OF MESSAGE---


 

INVESTMENT AB KINNEVIK: Conference call to present third quarter and nine month results 2007 Thursday, 25 October 2007 11.00 (CET) Hosts: Mia Brunell, President and Chief Executive Officer, and Torun Litzén, Director Investor relations Investment AB Kinnevik will publish its financial results for the third quarter and nine months of 2007 at around 08.00 CET on Thursday, 25 October 2007. The company will host a conference call the same day at 11:00 CET. To participate in the conference call, please contact Ann-Catrin Weingård at confcall@kinnevik.se or +46 8 562 000 62. The dial-in number to join the conference call will be available upon registration. For further information, visit www.kinnevik.se or contact: Torun Litzén, Director Investor relations Phone +46 (0)8 562 000 83 Mobile +46 (0)70 762 00 83 Investment AB Kinnevik's objective is to increase shareholder value, primarily through net asset value growth. The Parent Company manages a portfolio of investments focused around three comprehensive business areas; Major Listed Holdings which includes Millicom International Cellular, Tele2, Modern Times Group MTG, Metro International and Transcom WorldWide, Major Unlisted Holdings which includes the cartonboard and paper company Korsnäs, and New Ventures which is active in finding new investments in small and mid sized companies which has a significant growth potential. Kinnevik plays an active role on the Boards of its holdings. Investment AB Kinnevik's class A and class B shares are listed on the Stockholm Stock Exchange's Nordic list for large-cap companies within the financial and real estate sector. The ticker codes are KINV A and KINV B.


 

Reports on significant progress in registration process of Rhucin® Leiden, The Netherlands, October 19, 2007. Biotech company Pharming Group NV ("Pharming" or "the Company") (NYSE Euronext: PHARM) announced today its results for the first nine months of 2007 ended September 30, 2007. The financial results are in line with previously reported quarterly results while significant progress has been achieved in the review and approval process of Pharming's lead product Rhucin®. Key Developments Financial * Net loss of ¤ 6.4 million in Q3 2007 (¤ 6.2 million in Q2 2007 and ¤ 4.4 million in Q3 2006) * Cash position (including marketable securities) of ¤ 14.1 million as of September 30, 2007 * Revenues of ¤ 0.6 million in the first nine months of 2007 compared to ¤ 0.1 million in the same period in 2006 * Total costs and expenses in Q3 2007 were ¤ 6.5 million (¤ 6.0 million in Q2 2007 and ¤ 4.1 million in Q3 2006) * Net cash used for operating activities in the first nine months of 2007 of ¤ 15.3 million compared to ¤15.1 million over the same period in 2006 Products * Achievement of primary and secondary endpoints in European Phase III placebo-controlled randomized clinical trial of Rhucin® * European placebo-controlled randomized clinical trial stopped on ethical grounds and patient treatment with Rhucin® to continue in open-label clinical program * Pharming facilities obtained GMP status from the EMEA * Review by European Medicines Evaluation Agency (EMEA) of Pharming's Market Authorization Application (MAA) for Rhucin® for treatment of acute HAE attacks (Hereditary Angioedema) progresses as planned with an opinion anticipated towards the end of this year * US placebo-controlled randomized clinical trial for Rhucin® to be completed in Q4 2007 * Pharming expands its strategy for recombinant human fibrinogen (rhFIB) as a pharmaceutical product for the treatment of bleeding in fibrinogen deficient patients * Pharming builds further on its Biomaterial program through collaborations with the BioMedical Materials consortium (BMM) with support from Dutch government Corporate * Company presentations on Rhucin® and product pipeline at several investor conferences in USA and Europe Dr. Francis J. Pinto, Chief Executive Officer of Pharming, commented: "In the third quarter of this year we have been highly focused on getting our lead product Rhucin® to market as soon as possible, while maintaining a low cash-burn rate. With the EMEA review process on track, achievement of the primary and secondary endpoints of our European placebo-controlled Phase III trial, the obtained GMP status of our facilities and the progress we have made in the USA with our clinical program, we formed a solid basis for the registration of Rhucin®. We have also been focused on strengthening our cash position and have successfully raised ¤ 70 million through a convertible bonds issuance, as detailed in our separate announcement today. Financial Costs and expenses were ¤ 6.5 million in Q3 2007 compared to ¤ 6.0 million in Q2 2007 and ¤ 4.8 million in Q1 2007. Total costs and expenses in the first nine months of 2007 amounted to ¤ 17.2 million compared to ¤ 12.3 million in the same period of 2006. The total costs in the first nine months are higher compared to the same period in 2006 due to intensified efforts in the area of clinical development of Rhucin® in the USA, activities for the European approval process and increased R&D activities for recombinant human fibrinogen and DNage products. Revenues have grown due to increased subsidies and grants that are mostly related to the DNage business and partly to an earlier awarded Rhucin®-related grant from the FDA. Pharming's balance of cash and marketable securities was ¤ 14.1 million at the end of the first nine months of 2007. The decrease of this amount in the third quarter of 2007 is mainly related to increased cash used for operating activities and a payment of US$ 2 million to Paul Royalty Fund. The Company will increase its cash position this year through a convertible bonds issuance, as detailed in today's separate announcement. Net cash used for operating activities (¤15.3 million) in the first nine months of this year is similar to the amount used over the same period in 2006 (¤15.1 million) and is in line with guidance given earlier this year. Products The European review process of Pharming's Market Authorization Application of Rhucin® (recombinant human C1 inhibitor or rhC1INH for the treatment of acute attacks of HAE) is ongoing and progresses as planned. Answers to the list of questions received from EMEA as well as the positive safety and efficacy results from the interim analysis of the European placebo-controlled randomized clinical trial have been submitted during this quarter. In this study both the primary endpoint, time to beginning of symptom relief, and the secondary endpoint, time to minimal symptoms, were achieved with statistical significance. Based on the recommendation of the Independent Data Monitoring Committee to stop placebo treatment in the European placebo-controlled randomized clinical trial for methodological and ethical reasons, Pharming discontinued this study. Based on the standard review process of the EMEA Pharming expects an opinion from the relevant committee before the end of this year followed soon thereafter by a formal decision on the application for market authorization of Rhucin® in Europe. In addition to the progress in the clinical development of Rhucin®, Pharming received confirmation from the EMEA that its production facilities and processes conform with Good Manufacturing Practice and are thus licensed for manufacturing of pharmaceutical products. Pharming also made good progress in its US placebo-controlled randomized clinical trial with Rhucin®. The Company expects to complete this study in the fourth quarter and will submit the regulatory filings as soon as possible thereafter. With respect to other clinical indications, Pharming is preparing clinical studies in the field of organ transplantation. The Company expects to start such a clinical program later this year. With regard to hLF, Pharming notified the FDA that this product has an excellent safety profile and is therefore Generally Recognized As Safe (GRAS) for use as an ingredient in foods. Pharming's GRAS notification for hLF has been reviewed by an independent scientific expert panel who concluded that hLF is safe for its intended uses. In interactions with the FDA throughout 2007, no further questions appeared to be outstanding. Although Pharming had expected to receive a decision already earlier, it is still hopeful that the FDA will accept Pharming's notification in the near future. Pharming received Orphan Drug designation for recombinant human fibrinogen from the FDA for the treatment of bleeding in patients deficient in fibrinogen. The Company has initiated the development of rhFIB as a replacement therapy for genetic and acquired deficiencies of fibrinogen. In addition to bringing rhFIB to the market as a pharmaceutical product, Pharming continues to pursue partnerships to develop fibrinogen based medical device applications to build further value for rhFIB. Pharming's subsidiary DNage continued to make excellent progress in its research programs and is preparing its first clinical studies in the field of ageing diseases to start in 2008. In these studies Prodarsan®, a proprietary mixture of small molecules with an excellent safety profile, will be tested in a sub-group of patients suffering from premature ageing. Corporate During the third quarter Pharming made several presentations at meetings of investors including at the UBS Global Life Sciences Meeting (September 24-27, 2007) in New York. In a separate announcement the Company is announcing the issuance of convertible bonds thereby raising ¤ 70 million. About Pharming Group NV Pharming Group NV is developing innovative products for the treatment of genetic disorders, ageing diseases, specialty products for surgical indications, intermediates for various applications and nutritional products. Pharming has two products in late stage development - Rhucin® (recombinant human C1 inhibitor) for hereditary angioedema (MAA under review by EMEA) and human lactoferrin for use in food products (GRAS notification under review by FDA). The advanced technologies of the Company include innovative platforms for the production of protein therapeutics, technology and processes for the purification and formulation of these products, as well as technologies in the field of tissue repair (via its collaboration with Novathera) and DNA repair (via its acquisition of DNage). Additional information is available on the Pharming website, http://www.pharming.com and on http://www.dnage.nl This press release contains forward looking statements that involve known and unknown risks, uncertainties and other factors, which may cause the actual results, performance or achievements of the Company to be materially different from the results, performance or achievements expressed or implied by these forward looking statements. The press release also appears in Dutch. In the event of any inconsistency, the English version will prevail over the Dutch version. Contact: Carina Hamaker Julia Philips Rein Strijker Investor Voice Financial Dynamics Pharming Group NV T: +31 (0)6 537 499 T: +44 (0)20 7269 T: +31 (0)71 52 47 59 7148 400 T: +31 (0)71 52 47 400 T: +44 (0)7747 602 739 The full report including tables can be downloaded from the following link:


 

B&B TOOLS, through its subsidiary B&B Development AB, has today concluded an agreement to divest 100 per cent of the shares in Nordiska Dental AB. Nordiska Dental engages in the development, manufacture and trading of dental products. The company has revenues of approximately MSEK 40 per year and has 17 employees. B&B TOOLS' reason for the sale is that Nordiska Dental operates outside the Group's core business. The buyer is a private investor with extensive experience in the international dental industry and, under the new owner, the business is expected to have the conditions for continued positive development. Transfer of the operation is expected to occur on 30 October 2007. The divestment is estimated to have a marginally positive effect on B&B TOOLS' earnings per share for the current financial year. Following this divestment, the streamlining of the business that was decided by B&B TOOLS a few years ago has been completed and all operations conducted within the framework of B&B Development have now been sold. Stockholm, 19 October 2007 B&B TOOLS AB (publ) For further information, contact: Mats Björkman, Executive Vice President, B&B TOOLS AB, telephone +46-8-660 10 30 Mats Karlqvist, Vice President - Investor Relations, B&B TOOLS AB, telephone +46-70-660 31 32 B&B TOOLS provides the industrial and construction sectors in northern Europe with tools, industrial consumables, industrial components and related services. The Group has annual revenues of approximately SEK 8.5 billion and approximately 2,900 employees. Bergman & Beving changed its name to B&B TOOLS at the end of March 2007.


 

B&B TOOLS, through its subsidiary B&B Development AB, has today concluded an agreement to divest 100 per cent of the shares in Nordiska Dental AB. Nordiska Dental engages in the development, manufacture and trading of dental products. The company has revenues of approximately MSEK 40 per year and has 17 employees. B&B TOOLS' reason for the sale is that Nordiska Dental operates outside the Group's core business. The buyer is a private investor with extensive experience in the international dental industry and, under the new owner, the business is expected to have the conditions for continued positive development. Transfer of the operation is expected to occur on 30 October 2007. The divestment is estimated to have a marginally positive effect on B&B TOOLS' earnings per share for the current financial year. Following this divestment, the streamlining of the business that was decided by B&B TOOLS a few years ago has been completed and all operations conducted within the framework of B&B Development have now been sold. Stockholm, 19 October 2007 B&B TOOLS AB (publ) For further information, contact: Mats Björkman, Executive Vice President, B&B TOOLS AB, telephone +46-8-660 10 30 Mats Karlqvist, Vice President - Investor Relations, B&B TOOLS AB, telephone +46-70-660 31 32 B&B TOOLS provides the industrial and construction sectors in northern Europe with tools, industrial consumables, industrial components and related services. The Group has annual revenues of approximately SEK 8.5 billion and approximately 2,900 employees. Bergman & Beving changed its name to B&B TOOLS at the end of March 2007.


 

TR-1(i): NOTIFICATION OF MAJOR INTERESTS IN SHARES 1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached (ii): Sinclair Pharma Plc 2. Reason for the notification (please place an X inside the appropriate bracket/s): An acquisition or disposal of voting rights: ( X ) An acquisition or disposal of financial instruments which may result in the acquisition of shares already issued to which voting rights are attached: ( ) An event changing the breakdown of voting rights: ( ) Other (please specify) : ( ) Revised due to DTR rules - see Section 13 3. Full name of person(s) subject to the notification obligation (iii): AXA S.A. , 25 Avenue Matignon, 75008 Paris, and its group of companies 4. Full name of shareholder(s) (if different from 3.) (iv): 5. Date of the transaction (and date on which the threshold is crossed or reached if different) (v): 17 October 2007 6. Date on which issuer notified: 18 October 2007 7. Threshold(s) that is/are crossed or reached: 14% 8. Notified details: ....... A: Voting rights attached to shares Class/type of shares if possible Situation previous to the Triggering using the ISIN CODE transaction (vi) Number of shares Number of voting Rights (viii) 3385674 12,868,230 12,868,230 Resulting situation after the triggering transaction (vii) Class/type of Number of Number of voting rights % of voting rights shares if shares (ix) possible using the ISIN CODE Direct Direct Indirect (xi) Direct Indirect (x) 3385674 - - 13,118,230 0.00 14.02% B: Financial Instruments Resulting situation after the triggering transaction (xii) Type of Expiration Exercise/Conversion Number of voting % of financial Date (xiii) Period/ Date (xiv) rights that may be voting instrument acquired if the rights instrument is exercised/ converted. Total (A+B) Number of voting rights % of voting rights 13,118,230 14.02% 9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable (xv): +-------------------------------------------------------------------+ | Shares held | Name of Company/Fund | | |-------------+-----------------------------------------------------| | 345,000 | AXA Framlington Xerox Final Salary Pension Scheme | |-------------+-----------------------------------------------------| | 201,500 | AXA Framlington Islington Group Pension Scheme | |-------------+-----------------------------------------------------| | 530,000 | AXA Framlington SEI UK Equity | |-------------+-----------------------------------------------------| | 2,115,000 | AXA Framlington Throgmorton Trust | |-------------+-----------------------------------------------------| | 1,250,000 | AXA Framlington Framlington Innovative Growth | |-------------+-----------------------------------------------------| | 3,200,000 | AXA Framlington Health | |-------------+-----------------------------------------------------| | 1,300,000 | AXA Framlington UK Smaller Companies | |-------------+-----------------------------------------------------| | 300,230 | AXA Framlington BAE Systems Pension Fund CIF | | | Trustees | |-------------+-----------------------------------------------------| | 126,500 | AXA Framlington BAE Systems 2000 Pensions Fund | |-------------+-----------------------------------------------------| | 3,750,000 | AXA Framlington RW Portfolio | |-------------+-----------------------------------------------------| | 13,118,230 | TOTAL | +-------------------------------------------------------------------+ Proxy Voting: 10. Name of the proxy holder: 11. Number of voting rights proxy holder will acquire to hold: 12. Date on which proxy holder will acquire to hold voting rights: 13. Additional information: 14. Contact name: Terry Marsh, AXA, 020 7003 2637 Alan Olby (Company Secretary) / Zoe McDougall (Communications), Sinclair Pharma plc investorrelations@sinclairpharma.com 15. Contact telephone number: Annex to Notification Of Major Interests In Shares (xvi) A: Identity of the person or legal entity subject to the notification obligation Full name (including legal form for legal entities): AXA S.A. Contact address (registered office for legal entities): 7 Newgate Street, London EC1A 7NX Phone number: 020 7003 2637 Other useful information (at least legal representative for legal persons): B: Identity of the notifier, if applicable (xvii) Full name: Contact address: Phone number: Other useful information (e.g. functional relationship with the person or legal entity subject to the notification obligation): Authorised to make this filing under power of attorney C: Additional information : Notes to the Forms (i) This form is to be sent to the issuer or underlying issuer and to be filed with the competent authority. (ii) Either the full name of the legal entity or another method for identifying the issuer or underlying issuer, provided it is reliable and accurate. (iii) This should be the full name of (a) the shareholder; (b) the person acquiring, disposing of or exercising voting rights in the cases provided for in DTR5.2.1 (b) to (h); (c) all the parties to the agreement referred to in DTR5.2.1 (a), or (d) the direct or indirect holder of financial instruments entitled to acquire shares already issued to which voting rights are attached, as appropriate. In relation to the transactions referred to in points DTR5.2.1 (b) to (h), the following list is provided as indication of the persons who should be mentioned: - in the circumstances foreseen in DTR5.2.1 (b), the person that acquires the voting rights and is entitled to exercise them under the agreement and the natural person or legal entity who is transferring temporarily for consideration the voting rights; - in the circumstances foreseen in DTR 5.2.1 (c), the person holding the collateral, provided the person or entity controls the voting rights and declares its intention of exercising them, and person lodging the collateral under these conditions; - in the circumstances foreseen in DTR5.2.1(d), the person who has a life interest in shares if that person is entitled to exercise the voting rights attached to the shares and the person who is disposing of the voting rights when the life interest is created; - in the circumstances foreseen in DTR5.2.1 (e), the parent undertaking and, provided it has a notification duty at an individual level under DTR 5.1, under DTR5.2.1 (a) to (d) or under a combination of any of those situations, the controlled undertaking; - in the circumstances foreseen in DTR5.2.1 (f), the deposit taker of the shares, if he can exercise the voting rights attached to the shares deposited with him at his discretion, and the depositor of the shares allowing the deposit taker to exercise the voting rights at his discretion; - in the circumstances foreseen in DTR5.2.1 (g), the person that controls the voting rights; - in the circumstances foreseen in DTR5.2.1 (h), the proxy holder, if he can exercise the voting rights at his discretion, and the shareholder who has given his proxy to the proxy holder allowing the latter to exercise the voting rights at his discretion. (iv) Applicable in the cases provided for in DTR 5.2.1 (b) to (h). This should be the full name of the shareholder who is the counterparty to the natural person or legal entity referred to in DTR5.2. (v) The date of the transaction should normally be, in the case of an on exchange transaction, the date on which the matching of orders occurs; in the case of an off exchange transaction, date of the entering into an agreement. The date on which threshold is crossed should normally be the date on which the acquisition, disposal or possibility to exercise voting rights takes effect (see DTR 5.1.1R (3)). For passive crossings, the date when the corporate event took effect. (vi) Please refer to the situation disclosed in the previous notification, In case the situation previous to the triggering transaction was below 3%, please state 'below 3%'. (vii) If the holding has fallen below the minimum threshold , the notifying party should not be obliged to disclose the extent of the holding, only that the new holding is less than 3%. For the case provided for in DTR5.2.1(a), there should be no disclosure of individual holdings per party to the agreement unless a party individually crosses or reaches an Article 9 threshold. This applies upon entering into, introducing changes to or terminating an agreement. (viii) Direct and indirect (ix) In case of combined holdings of shares with voting rights attached 'direct holding' and voting rights 'indirect holdings', please split the voting rights number and percentage into the direct and indirect columns-if there is no combined holdings, please leave the relevant box blank. (x) Voting rights to shares in respect of which the notifying party is a direct shareholder (DTR 5.1) (xi) Voting rights held by the notifying party as an indirect shareholder (DTR 5.2.1) (xii) If the holding has fallen below the minimum threshold, the notifying party should not be obliged to disclose the extent of the holding, only that the new holding is below 3%. (xiii) date of maturity / expiration of the finical instrument i.e. the date when the right to acquire shares ends. (xiv) If the financial instrument has such a period-please specify the period- for example once every three months starting from the (date) (xv) The notification should include the name(s) of the controlled undertakings through which the voting rights are held. The notification should also include the amount of voting rights and the percentage held by each controlled undertaking, insofar as individually the controlled undertaking holds 5% or more, and insofar as the notification by the parent undertaking is intended to cover the notification obligations of the controlled undertaking. (xvi ) This annex is only to be filed with the competent authority. (xvii) Whenever another person makes the notification on behalf of the shareholder or the natural person/legal entity referred to in DTR5.2 and DTR5.3 ---END OF MESSAGE---


 

TR-1(i): NOTIFICATION OF MAJOR INTERESTS IN SHARES 1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached (ii): Sinclair Pharma Plc 2. Reason for the notification (please place an X inside the appropriate bracket/s): An acquisition or disposal of voting rights: ( X ) An acquisition or disposal of financial instruments which may result in the acquisition of shares already issued to which voting rights are attached: ( ) An event changing the breakdown of voting rights: ( ) Other (please specify) : ( ) Revised due to DTR rules - see Section 13 3. Full name of person(s) subject to the notification obligation (iii): AXA S.A. , 25 Avenue Matignon, 75008 Paris, and its group of companies 4. Full name of shareholder(s) (if different from 3.) (iv): 5. Date of the transaction (and date on which the threshold is crossed or reached if different) (v): 17 October 2007 6. Date on which issuer notified: 18 October 2007 7. Threshold(s) that is/are crossed or reached: 14% 8. Notified details: ....... A: Voting rights attached to shares Class/type of shares if possible Situation previous to the Triggering using the ISIN CODE transaction (vi) Number of shares Number of voting Rights (viii) 3385674 12,868,230 12,868,230 Resulting situation after the triggering transaction (vii) Class/type of Number of Number of voting rights % of voting rights shares if shares (ix) possible using the ISIN CODE Direct Direct Indirect (xi) Direct Indirect (x) 3385674 - - 13,118,230 0.00 14.02% B: Financial Instruments Resulting situation after the triggering transaction (xii) Type of Expiration Exercise/Conversion Number of voting % of financial Date (xiii) Period/ Date (xiv) rights that may be voting instrument acquired if the rights instrument is exercised/ converted. Total (A+B) Number of voting rights % of voting rights 13,118,230 14.02% 9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable (xv): +-------------------------------------------------------------------+ | Shares held | Name of Company/Fund | | |-------------+-----------------------------------------------------| | 345,000 | AXA Framlington Xerox Final Salary Pension Scheme | |-------------+-----------------------------------------------------| | 201,500 | AXA Framlington Islington Group Pension Scheme | |-------------+-----------------------------------------------------| | 530,000 | AXA Framlington SEI UK Equity | |-------------+-----------------------------------------------------| | 2,115,000 | AXA Framlington Throgmorton Trust | |-------------+-----------------------------------------------------| | 1,250,000 | AXA Framlington Framlington Innovative Growth | |-------------+-----------------------------------------------------| | 3,200,000 | AXA Framlington Health | |-------------+-----------------------------------------------------| | 1,300,000 | AXA Framlington UK Smaller Companies | |-------------+-----------------------------------------------------| | 300,230 | AXA Framlington BAE Systems Pension Fund CIF | | | Trustees | |-------------+-----------------------------------------------------| | 126,500 | AXA Framlington BAE Systems 2000 Pensions Fund | |-------------+-----------------------------------------------------| | 3,750,000 | AXA Framlington RW Portfolio | |-------------+-----------------------------------------------------| | 13,118,230 | TOTAL | +-------------------------------------------------------------------+ Proxy Voting: 10. Name of the proxy holder: 11. Number of voting rights proxy holder will acquire to hold: 12. Date on which proxy holder will acquire to hold voting rights: 13. Additional information: 14. Contact name: Terry Marsh, AXA, 020 7003 2637 Alan Olby (Company Secretary) / Zoe McDougall (Communications), Sinclair Pharma plc investorrelations@sinclairpharma.com 15. Contact telephone number: Annex to Notification Of Major Interests In Shares (xvi) A: Identity of the person or legal entity subject to the notification obligation Full name (including legal form for legal entities): AXA S.A. Contact address (registered office for legal entities): 7 Newgate Street, London EC1A 7NX Phone number: 020 7003 2637 Other useful information (at least legal representative for legal persons): B: Identity of the notifier, if applicable (xvii) Full name: Contact address: Phone number: Other useful information (e.g. functional relationship with the person or legal entity subject to the notification obligation): Authorised to make this filing under power of attorney C: Additional information : Notes to the Forms (i) This form is to be sent to the issuer or underlying issuer and to be filed with the competent authority. (ii) Either the full name of the legal entity or another method for identifying the issuer or underlying issuer, provided it is reliable and accurate. (iii) This should be the full name of (a) the shareholder; (b) the person acquiring, disposing of or exercising voting rights in the cases provided for in DTR5.2.1 (b) to (h); (c) all the parties to the agreement referred to in DTR5.2.1 (a), or (d) the direct or indirect holder of financial instruments entitled to acquire shares already issued to which voting rights are attached, as appropriate. In relation to the transactions referred to in points DTR5.2.1 (b) to (h), the following list is provided as indication of the persons who should be mentioned: - in the circumstances foreseen in DTR5.2.1 (b), the person that acquires the voting rights and is entitled to exercise them under the agreement and the natural person or legal entity who is transferring temporarily for consideration the voting rights; - in the circumstances foreseen in DTR 5.2.1 (c), the person holding the collateral, provided the person or entity controls the voting rights and declares its intention of exercising them, and person lodging the collateral under these conditions; - in the circumstances foreseen in DTR5.2.1(d), the person who has a life interest in shares if that person is entitled to exercise the voting rights attached to the shares and the person who is disposing of the voting rights when the life interest is created; - in the circumstances foreseen in DTR5.2.1 (e), the parent undertaking and, provided it has a notification duty at an individual level under DTR 5.1, under DTR5.2.1 (a) to (d) or under a combination of any of those situations, the controlled undertaking; - in the circumstances foreseen in DTR5.2.1 (f), the deposit taker of the shares, if he can exercise the voting rights attached to the shares deposited with him at his discretion, and the depositor of the shares allowing the deposit taker to exercise the voting rights at his discretion; - in the circumstances foreseen in DTR5.2.1 (g), the person that controls the voting rights; - in the circumstances foreseen in DTR5.2.1 (h), the proxy holder, if he can exercise the voting rights at his discretion, and the shareholder who has given his proxy to the proxy holder allowing the latter to exercise the voting rights at his discretion. (iv) Applicable in the cases provided for in DTR 5.2.1 (b) to (h). This should be the full name of the shareholder who is the counterparty to the natural person or legal entity referred to in DTR5.2. (v) The date of the transaction should normally be, in the case of an on exchange transaction, the date on which the matching of orders occurs; in the case of an off exchange transaction, date of the entering into an agreement. The date on which threshold is crossed should normally be the date on which the acquisition, disposal or possibility to exercise voting rights takes effect (see DTR 5.1.1R (3)). For passive crossings, the date when the corporate event took effect. (vi) Please refer to the situation disclosed in the previous notification, In case the situation previous to the triggering transaction was below 3%, please state 'below 3%'. (vii) If the holding has fallen below the minimum threshold , the notifying party should not be obliged to disclose the extent of the holding, only that the new holding is less than 3%. For the case provided for in DTR5.2.1(a), there should be no disclosure of individual holdings per party to the agreement unless a party individually crosses or reaches an Article 9 threshold. This applies upon entering into, introducing changes to or terminating an agreement. (viii) Direct and indirect (ix) In case of combined holdings of shares with voting rights attached 'direct holding' and voting rights 'indirect holdings', please split the voting rights number and percentage into the direct and indirect columns-if there is no combined holdings, please leave the relevant box blank. (x) Voting rights to shares in respect of which the notifying party is a direct shareholder (DTR 5.1) (xi) Voting rights held by the notifying party as an indirect shareholder (DTR 5.2.1) (xii) If the holding has fallen below the minimum threshold, the notifying party should not be obliged to disclose the extent of the holding, only that the new holding is below 3%. (xiii) date of maturity / expiration of the finical instrument i.e. the date when the right to acquire shares ends. (xiv) If the financial instrument has such a period-please specify the period- for example once every three months starting from the (date) (xv) The notification should include the name(s) of the controlled undertakings through which the voting rights are held. The notification should also include the amount of voting rights and the percentage held by each controlled undertaking, insofar as individually the controlled undertaking holds 5% or more, and insofar as the notification by the parent undertaking is intended to cover the notification obligations of the controlled undertaking. (xvi ) This annex is only to be filed with the competent authority. (xvii) Whenever another person makes the notification on behalf of the shareholder or the natural person/legal entity referred to in DTR5.2 and DTR5.3 ---END OF MESSAGE---


 

19 October 2007 - Aker Kvaerner will publish its 3rd quarter results 2007 at the Oslo Stock Exchange on Tuesday 23 October at about 8.45 a.m. Central European Time. The results presentation will be held at Aker Kvaerner's headquarters, Lysaker at 9.30 a.m. the same morning. We invite investors, analysts and the media to Aker Kvaerner's results presentation: Date: Tuesday 23 October Time: 9.30 a.m. CET Location: The Auditorium at Aker Kvaerner's headquarters, Prof. Kohtsvei 15, Lysaker Language: English The presentation will be broadcasted live on http://www.akerkvaerner.com and http://www.oslobors.no/webcast at 9.30 a.m. CET. It will also be possible to ask questions via e-mail during the presentation. In addition, participants can listen in via telephone: Country Number Norway Free Call 800 193 95 UK Free Call 0800 694 2370 USA Free Call 1866 966 9444 International Dial In +44 (0) 1452 552 510 ID 19941163 The complete 3rd quarter results 2007 report and presentation will be available at www.akerkvaerner.com and www.newsweb.no ENDS For further information, please contact: Investor relations: Lasse Torkildsen, VP Investor Relations, Aker Kvaerner, Tel: +47 67 51 30 39 Media: Torbjørn Andersen, SVP Group Communications, Aker Kvaerner. Tel: +47 67 51 30 36, Mob: +47 928 85 542 Career opportunities: Visit http://www.akerkvaerner.com/Internet/CareerCentre AKER KVÆRNER ASA, through its subsidiaries and affiliates ("Aker Kvaerner"), is a leading global provider of engineering and construction services, technology products and integrated solutions. The business within Aker Kvaerner comprises several industries, including Oil & Gas, Refining & Chemicals, Mining & Metals and Power Generation. The Aker Kvaerner group is organised in a number of separate legal entities. Aker Kvaerner is used as the common brand/trademark for most of these entities. The parent company in the group is Aker Kværner ASA. Aker Kvaerner has aggregated annual revenues of approximately NOK 50 billion and employs approximately 23 000 people in about 30 countries. Aker Kvaerner is part of Aker (www.akerasa.com), a group of premier companies with a focus on energy, maritime and marine-resources industries. The Aker companies share a common set of values and long traditions of industrial innovation. As an industrial owner with a 40.27 per cent holding in Aker Kvaerner, Aker ASA takes an active role in the development of its holdings. This press release may include forward-looking information or statements and is subject to our disclaimer, see our web-pages www.akerkvaerner.com


 

19 October 2007 - Aker Kvaerner will publish its 3rd quarter results 2007 at the Oslo Stock Exchange on Tuesday 23 October at about 8.45 a.m. Central European Time. The results presentation will be held at Aker Kvaerner's headquarters, Lysaker at 9.30 a.m. the same morning. We invite investors, analysts and the media to Aker Kvaerner's results presentation: Date: Tuesday 23 October Time: 9.30 a.m. CET Location: The Auditorium at Aker Kvaerner's headquarters, Prof. Kohtsvei 15, Lysaker Language: English The presentation will be broadcasted live on http://www.akerkvaerner.com and http://www.oslobors.no/webcast at 9.30 a.m. CET. It will also be possible to ask questions via e-mail during the presentation. In addition, participants can listen in via telephone: Country Number Norway Free Call 800 193 95 UK Free Call 0800 694 2370 USA Free Call 1866 966 9444 International Dial In +44 (0) 1452 552 510 ID 19941163 The complete 3rd quarter results 2007 report and presentation will be available at www.akerkvaerner.com and www.newsweb.no ENDS For further information, please contact: Investor relations: Lasse Torkildsen, VP Investor Relations, Aker Kvaerner, Tel: +47 67 51 30 39 Media: Torbjørn Andersen, SVP Group Communications, Aker Kvaerner. Tel: +47 67 51 30 36, Mob: +47 928 85 542 Career opportunities: Visit http://www.akerkvaerner.com/Internet/CareerCentre AKER KVÆRNER ASA, through its subsidiaries and affiliates ("Aker Kvaerner"), is a leading global provider of engineering and construction services, technology products and integrated solutions. The business within Aker Kvaerner comprises several industries, including Oil & Gas, Refining & Chemicals, Mining & Metals and Power Generation. The Aker Kvaerner group is organised in a number of separate legal entities. Aker Kvaerner is used as the common brand/trademark for most of these entities. The parent company in the group is Aker Kværner ASA. Aker Kvaerner has aggregated annual revenues of approximately NOK 50 billion and employs approximately 23 000 people in about 30 countries. Aker Kvaerner is part of Aker (www.akerasa.com), a group of premier companies with a focus on energy, maritime and marine-resources industries. The Aker companies share a common set of values and long traditions of industrial innovation. As an industrial owner with a 40.27 per cent holding in Aker Kvaerner, Aker ASA takes an active role in the development of its holdings. This press release may include forward-looking information or statements and is subject to our disclaimer, see our web-pages www.akerkvaerner.com


 

CashGuard is reducing its sales forecast for the year. The company's current assessment is that the CIT/ATM business area's sales in 2007 will be lower than the level previously forecast. The sales forecast pertaining to sales growth for CashGuard's CIT/ATM business area has been adjusted downwards to 0-10 percent, compared with the previous forecast of 25-30 percent. CashGuard incurred non-recurring costs of approximately SEK 11 million during the third quarter. "The trend in the CIT/ATM business area has been weaker than previously estimated in terms of both sales and earnings," says Agne Pettersson, Managing Director and Chief Executive Officer of CashGuard. For the July-September period, it is estimated that the Group will report an operating loss of about SEK 16 million, of which non-recurring costs will account for approximately SEK 11 million. For the January-September period, it is estimated that the Group's operating loss will amount to approximately SEK 18 million, with non-recurring costs accounting for about SEK 22 million. Definitive financial information will be disclosed on the scheduled date for publishing the interim report, namely October 25. In our assessment the market potential for both of the Group's business areas, Retail and CIT/ATM, remains extremely favourable. For further information, please contact: Agne Pettersson, Managing Director and Chief Executive Officer, CashGuard AB (publ); Tel: +46-8-732 22 00, agne.pettersson@cashguard.com Lars Ingman, Chief Financial Officer, CashGuard AB (publ), Tel: +46-8-732 22 00, lars.ingman@cashguard.com Facts about CashGuard AB (publ) CashGuard develops and sells products and services for secure and fully automatic cash handling and cash logistics. Via direct sales and distribution partners, CashGuard focuses on retail companies, post offices and banks, as well as on security companies. The CashGuard Group has approximately 190 employees and had sales of SEK 323 million in 2006. CashGuard shares are listed on the Stockholm Stock Exchange.


 

CashGuard is reducing its sales forecast for the year. The company's current assessment is that the CIT/ATM business area's sales in 2007 will be lower than the level previously forecast. The sales forecast pertaining to sales growth for CashGuard's CIT/ATM business area has been adjusted downwards to 0-10 percent, compared with the previous forecast of 25-30 percent. CashGuard incurred non-recurring costs of approximately SEK 11 million during the third quarter. "The trend in the CIT/ATM business area has been weaker than previously estimated in terms of both sales and earnings," says Agne Pettersson, Managing Director and Chief Executive Officer of CashGuard. For the July-September period, it is estimated that the Group will report an operating loss of about SEK 16 million, of which non-recurring costs will account for approximately SEK 11 million. For the January-September period, it is estimated that the Group's operating loss will amount to approximately SEK 18 million, with non-recurring costs accounting for about SEK 22 million. Definitive financial information will be disclosed on the scheduled date for publishing the interim report, namely October 25. In our assessment the market potential for both of the Group's business areas, Retail and CIT/ATM, remains extremely favourable. For further information, please contact: Agne Pettersson, Managing Director and Chief Executive Officer, CashGuard AB (publ); Tel: +46-8-732 22 00, agne.pettersson@cashguard.com Lars Ingman, Chief Financial Officer, CashGuard AB (publ), Tel: +46-8-732 22 00, lars.ingman@cashguard.com Facts about CashGuard AB (publ) CashGuard develops and sells products and services for secure and fully automatic cash handling and cash logistics. Via direct sales and distribution partners, CashGuard focuses on retail companies, post offices and banks, as well as on security companies. The CashGuard Group has approximately 190 employees and had sales of SEK 323 million in 2006. CashGuard shares are listed on the Stockholm Stock Exchange.


 

Royal DSM N.V. has repurchased 374,500 of its own shares in the period from 11 October 2007 up to and including 17 October 2007 at an average price of EUR 39.58. This is in accordance with the first phase of the share buyback program, announced on 1 October 2007. The consideration of this repurchase was EUR 14.8 million. The total number of shares repurchased under the first phase of this program to date is 1,510,000 shares for a total consideration of EUR 59.3 million. DSM DSM creates innovative products and services in Life Sciences and Materials Sciences, contributing to the quality of life. DSM's products and services are used globally in a wide range of markets and applications, supporting a healthier, more sustainable and enjoyable way of living. End markets include human and animal nutrition and health, personal care, pharmaceuticals, automotive, coatings and paint, electrics & electronics, life protection and housing. The company strategy, Vision 2010 - Building on Strengths, focuses on accelerating profitable and innovative growth of the company's specialties portfolio. The key drivers of this strategy are market-driven growth and innovation, an increased presence in emerging economies and operational excellence. DSM has annual sales of almost EUR 9 billion and employs some 22,000 people worldwide. The company is headquartered in the Netherlands, with locations in Europe, Asia, the Americas, Africa and Australia. More information on DSM can be found at www.dsm.com. For more information: DSM Corporate Communications DSM Investor Relations Elvira Luykx Dries Ausems tel. +31 (0) 45 tel. +31 (0) 45 5782864 5782035 fax +31 (0) 45 5782595 fax +31 (0) 45 e-mail 5740680 investor.relations@dsm.com e-mail media.relations@dsm.com


 

In February 2007 Lappland Goldminers AB presented an ore reserve of 21 million tons, with an average grade of 1.43 g gold and 3.2 g silver per ton. After intensive exploration efforts, the Company is now able to present an updated and increased mineral reserve and mineral resources for Fäboliden, down to a depth of around 600 m. The mineral reserves and mineral resources of the Company now total 54.2 million ton, excluding the inferred mineral resource, with an average grade of 1.23 g gold and 4.5 g silver per ton, equivalent to 66.9 ton gold and 246.5 ton silver. The deep exploration program carried out shows that the deposit continues down to a depth of approx. 600 m. The deposit which is now being presented is of considerable size, the potential underground mine, under the planned open pit, can be profitably mined using large-scale underground methods such as sublevel caving according to the LKAB model Drilling is still ongoing at the central parts of the deposit and at depth below the open pit, where the mineralized zone is still open towards north and south. The mineral resources for the underground positions will gradually be upgraded by new information received from this ongoing drilling programme. The higher grades from the test mining and a number of other tests have not been included in the mineral reserves and mineral resources, but are considered to be an upside potential to higher grades in the deposit. The feasibility study for the open pit mine is almost completed and the Company is now engaged in negotiations with possible suppliers and contractors for the project. The mining and processing costs have been calculated to approximately SEK 82 per ton of ore, at an ore to waste rock ratio of 1 to 3. The investment needed for the processing plant, infrastructure and the open pit mine, is estimated to be approximately 50% higher than the MSEK 1,125 estimated in the preliminary feasibility study published in January 2006. The increased cost is mainly due to increased prices on processing equipment, but also due to certain major environmental undertakings. Changes in currency exchange rates and raised energy prices have also affected the investment and operating costs in a negative direction. The now presented and upgraded mineral reserves and resources means that the underground positions contain more gold than the open pit. A feasibility study for the underground mine will be undertaken. We have earlier published that a feasibility study for the open pit will be completed before the end of the third quarter. However, it is not meaningful to consider Fäboliden as only an open pit mine as we need to understand the impact that the potential underground mine gives to the project. The feasibility study for the open pit will therefore be replaced by a study for both the open pit and the underground mine, says Karl-Åke Johansson, CEO. Se table: Mineral reserves and mineral resources About Fäboliden Fäboliden, the Company's "flagship" and largest deposit, is located on the Gold Line in the municipality of Lycksele. The company will establish a central processing plant in this location, for the purpose of extracting gold and silver, with an annual capacity of 5 million tons of ore. Ore from the Gold Line will be processed in the built facility and the end product to be sold is doré bars. About the Company Lappland Goldminers AB is an exploration company, with the goal of becoming a producing mining company. The company is listed on the market place "First North" under the name GOLD, with Mangold Fondkommision AB as the Certified Advisor, as well as the OTC list of the Oslo exchange. Lappland Goldminers has secured a number of gold deposits along the so-called Guldlinjen ("The Gold Line") in Västerbotten. The Company's strategy is to develop a profitable, producing gold company with a centrally located processing plant in Fäboliden, Sweden, and in the Haveri area in Finland, which are supported by ore from one or several mines either through the Company's own exploration or alternatively through acquisitions. The person responsible for the technical information in this press release is Thomas Lindholm, GeoVista AB, independent consultant, registered by SveMin as a "Qualified Person", QP. Thomas Lindholm has also reviewed and approved this press release. The company is a member of SveMin, the trade association for mines, minerals and metal producers in Sweden (formerly called the Swedish Mining Association) and follows SveMin's reporting rules for public mining and exploration companies. For additional information about Lappland Goldminers AB, please contact: Karl-Åke Johansson, CEO Tomas Björklund, Board Member Ph. +46 950-275 01, +46 70-625 22 57 Ph. +46 70-662 35 35 karl-ake.johansson@lgold.se tomas.bjorklund@lgold.se Or see Lappland Goldminers' web site www.lapplandgoldminers.com at: About Mangold Fondkommission: www.mangold.se


 

Oslo (2007-10-19): Yara International ASA strengthens its production base by investing in a new urea unit at its Sluiskil plant in the Netherlands. The investment increases urea production by roughly 45 percent to 3,500 tonnes per day from 2011, creating a world-scale facility at an investment cost of approximately EUR 300 million. Construction is planned to start in 2008. "Increased natural gas prices in so-called 'stranded gas' regions like the Middle East, are improving the relative competitiveness of European ammonia plants. Efficient European ammonia plants now represent a more attractive case for upgrading investments. This investment takes advantage of urea upgrading margins on excess ammonia capacity in Sluiskil and improves our finished product portfolio. Moreover the replacement of existing capacity reduces maintenance costs and improves energy efficiency at the plant," says Sven Ombudstvedt, CFO and Head of Strategy at Yara International. The new urea unit will be integrated into the existing facilities at Yara Sluiskil. Currently aproximately 70 percent of ammonia production on-site is consumed in the production of finished fertilizer products with the balance transported to other Yara production sites or sold to third parties. With more ammonia upgraded to urea, liquid fertilizer, AdBlue and other finished products on-site, Yara's exposure to the international ammonia market will be reduced. On-site integration will also further improve energy efficiency and reduce maintenance and operating costs. Yara Sluiskil produces ammonia, nitric acid, nitrates, urea, liquid fertilizer, liquefied CO2 for the food industry and environmental products. The plant ranks among the largest and most efficient European fertilizer facilities. Contact Torgeir Kvidal, Investor Relations Telephone (+47) 24 15 72 95 Cellular (+47) 91 339 832 E-mail torgeir.kvidal@yara.com Hamed Brodersen, Media Relations Cellular (+47) 40 468 110 E-mail hamed.mozaffari.brodersen@yara.com Yara International ASA is a leading chemical company that converts energy and nitrogen from the air into essential products for farmers and industrial customers. As the number one global supplier of mineral fertilizers and agronomic solutions, we help provide food for a growing world population. Our industrial product portfolio includes environmental protection agents that safeguard air and water purity and preserve food quality. Yara's global workforce of 7,000 employees represents great diversity and talent enabling Yara to remain a leading performer in its industry. www.yara.com


 

OSLO - 19 OCTOBER, 2007 -. Reference is made to recent notifications to the market regarding the joint review following TGS-NOPEC's October 8th press release. TGS-NOPEC has willingly complied in all respects with the joint review and sees no factual or legal basis for the merger not to be brought to a successful conclusion. Accordingly, TGS-NOPEC is prepared to vigorously defend the approved merger plan between TGS-NOPEC and Wavefield Inseis. --- End of Message --- TGS-NOPEC Hagaløkkveien 13 Asker Norway ISIN: NO0003078800; ;


 

The board of directors of Wavefield Inseis ASA has received a joint letter from Everest Capital Limited and Audley Capital Advisors LLP representing in excess of 8% of the share capital where they request that the board of directors convene an extraordinary general meeting. According to the Norwegian Public Limited Companies Act § 5-7, the board of directors is obligated to convene an extraordinary general meeting if shareholders representing at least 5 % of the share capital so requires. In light of this, the board of directors will call for an extraordinary general meeting which according to the agenda proposed by the said shareholders will deal with a) the agreement to merge with TGS-NOPEC and b), depending on the outcome of item a), election of new members to the board of directors. The extraordinary general meeting will be convened no later than 7 November and held no later than 21 November 2007. Wavefield Inseis and TGS-NOPEC will proceed with their joint efforts to review the causes of the TGS-NOPEC shortfall in third quarter revenues. For further information, contact: Atle Jacobsen, CEO, Wavefield Inseis ASA Tel: +47 56 11 48 00, Email: atle.jacobsen@wavefield-inseis.com Erik Hokholt,CFO, Wavefield Inseis ASA Tel: +47 67 82 84 09, Email: erik.hokholt@wavefield-inseis.com About Wavefield Inseis ASA Wavefield Inseis ASA is a Norwegian marine geophysical company providing proprietary data acquisition services and offers a portfolio of non-exclusive Multi Client data to the global exploration community, developed in partnership with oil companies and governments. Our range of products includes long offset 2D, high capacity 3D, 4D, Multi-azimuth and Wide-azimuth data acquired with highly specified vessels and the latest seismic equipment. From our main offices in Bergen and Oslo, Norway, and our other locations in London, Houston and Perth, Wavefield Inseis has a global reach, with activities in the Americas, Europe, Africa, the Middle East and Asia.


 

18 October 2007 Sinclair Pharma plc Director's Share Dealing Sinclair Pharma plc (LSE: SPH) (the "Company" or "Sinclair") announces that it was informed today that Andrew Sinclair, Non-Executive Director of the Company, today bought 10,000 Ordinary Shares of 1 pence each at a price of 80 pence per share. Following this purchase of shares, Mr Sinclair is the beneficial owner of 6,620,000 Ordinary Shares, representing 7.08% of the Company's current issued share capital. - Ends - Enquiries: Sinclair Pharma plc Tel: 01483 410600 Michael Flynn, Chief Executive Officer Jerry Randall, Chief Financial Officer Zoe McDougall, Director of Communications Further information on Sinclair can be found on the company's website: www.sinclairpharma.com ---END OF MESSAGE---


 

PHILADELPHIA, PA--(Marketwire - October 18, 2007) - Who: Paolina Milana is vice president of marketing for Marketwire, a full-service newswire and communications workflow solutions provider. She brings more than 15 years of communications experience -- as a former reporter and columnist for a major daily newspaper and a seasoned public relations and marketing professional -- to the discussion of increasing the value of the press release in the Web 2.0 world. What: "Think the Press Release is Dead? Think Again." At the 2007 PRSA International Conference: PR Evolution, Milana will participate in this Innovative Strategies track workshop session. She, along with fellow public relations experts, will offer insight on how to utilize tools such as search engine optimization (SEO), key words, social media, embedded video and more to take the standard press release to new heights. The session will explore how moving beyond the basic press release can increase its value for journalists, help generate hundreds more readers to your news, and improve your business. When: Sunday, Oct. 21, 2007 2:30 - 3:45 p.m. ET Where: 2007 PRSA International Conference Philadelphia, Penn. http://www.prsa.org/conf2007/ About Marketwire The only fully integrated North America-based global newswire, Marketwire, Inc. is a full-service partner to IR, PR, and MarCom professionals seeking premier distribution, media management, multimedia and monitoring solutions. Marketwire's customer-centric corporate philosophy focuses on being the best by infusing every aspect of its business with the following core attributes: precision, adaptability, innovation, and simplicity. Marketwire delivers its clients' news to the world's media and financial communities. With a reputation for technological leadership, Marketwire offers innovative products and services -- including Social Media, Search Engine Optimization, Dashboard Mobile Financial, News Dashboard coverage reports, exclusive access to networks such as the Canadian Press Wire Network, Easy IR and Easy PR workflow solutions, and more -- that help communication professionals maximize their effectiveness while ensuring accuracy and best practices. Having merged companies (Market Wire and CCNMatthews) in April 2006, and enjoying a combined history of 25 years of service, Marketwire is now majority-owned by OMERS Capital Partners, the private equity arm of one of Canada's largest pension funds. Operating 12 offices worldwide, Marketwire distributes the majority of press releases issued by publicly traded companies in Canada. For more information, visit us at www.marketwire.com. For additional information: Paolina Milana Marketwire (310) 765-3250 pmilana@marketwire.com Jamie Ernst Brodeur (210) 495-5757 jernst@brodeur.com


 

NEW YORK, NY--(Marketwire - October 18, 2007) - The law firms Bernstein Litowitz Berger & Grossmann LLP and Keller Rohrback L.L.P. announce the filing of a class action lawsuit against State Street Bank & Trust Company (NYSE: STT) and State Street Global Advisors (collectively "State Street"). The plaintiff, New York publisher Unisystems, Inc., seeks to recover the losses State Street caused to plaintiff's retirement plan, and to retirement plans throughout the country by investing purportedly conservative, risk-averse bond funds in high-risk mortgage backed securities and exotic financial instruments. Certain bond funds managed by State Street increased their holdings of mortgage-backed securities from just 8% in September 2006 to 25% in March 2007, despite the fact that the indices those funds were supposed to track are comprised 60% of Government bonds, with the remainder comprised largely of Corporate bonds. In addition, State Street highly leveraged those investments by purchasing mortgage-backed securities using borrowed money, thus compounding the risk to investors. As a result of those imprudent investments, bond funds managed by State Street -- which were supposed to track a well-defined index of investment-grade U.S. Government and Corporate bonds -- lost up to 40% of their value when the market for mortgage-backed securities collapsed in August 2007. As the Investment Manager for the bond funds, the action seeks to hold State Street liable under the Employee Retirement Income Security Act of 1974 ("ERISA") for the losses caused by its imprudent management of those funds. The complaint filed by Keller Rohrback and Bernstein Litowitz asserts that State Street breached its fiduciary duties under ERISA, and seeks to recover losses to ERISA plans caused by State Street's actions. The claim is asserted on behalf of all ERISA plans, and the participants therein, that were invested in bond funds managed by State Street between January and October 2007. A copy of the complaint can we found at www.blbglaw.com or www.erisafraud.com. Keller Rohrback is one of America's leading law firms handling ERISA retirement plan litigation. The firm is committed to helping employees and retirees protect their retirement savings. Keller Rohrback serves as lead and co-lead counsel in numerous ERISA class action cases, including cases against Enron, WorldCom, Inc., HealthSouth, and Marsh & McLennan Companies. Keller Rohrback trial lawyers have obtained judgments and settlements on behalf of clients in class action cases in excess of seven billion dollars. Bernstein Litowitz, one of the nation's leading firms representing plaintiffs in securities and other complex class action litigation, has offices in New York City, San Diego, New Jersey and New Orleans and is active in major litigations pending in federal and state courts throughout the United States. Bernstein Litowitz is responsible for over 20 billion dollars in aggregate recoveries on behalf of defrauded investors and consumers, including the more than $6 billion recovered for investors in the WorldCom, Inc. securities litigation. Please refer to the websites of Bernstein Litowitz or Keller Rohrback for more detailed information about each firm and the major achievements of each firm in complex litigation matters. If you wish to discuss the case against State Street with us, offer any information to assist in the case, or have any questions, please contact either of the following attorneys: Gerald H. Silk Bernstein Litowitz Berger & Grossmann LLP 1285 Avenue of the Americas New York, New York 10019 Tel: 212-554-1400 Email: jerry@blbglaw.com Website: www.blbglaw.com Derek W. Loeser Keller Rohrback L.L.P. 1201 Third Avenue, Suite 3200 Seattle, WA 98101 Tel: 206-623-1900 Email: dloeser@kellerrohrback.com Website: www.erisafraud.com


 

Wärtsilä Corporation APPOINTMENT 18.10.2007 Ms Tuula Franck, MSc, (econ) has been appointed Press Manager responsible for the press relations and related activities targeted to the general and financial press. She will be responsible for developing the press communications and coordinating press activities together with Marketing Communications and local Wärtsilä companies. Tuula has started on 15 October at the Corporate Communications department in Helsinki. She will report to Eeva Kainulainen, VP, Corporate Communications. Tuula has a long experience as a journalist and a news editor. She has worked several years for the Finnish Financial Daily (Taloussanomat) and news agency Startel in Finland, Sweden and in Singapore as well as Reuters in Finland. Since last year she has worked as a consultant in the communication consultancy Hill & Knowlton. Link to picture www.wartsila.com


 

Reference is made to Orkla's stock exchange notice as of 8. June 2007 regarding the agreement between Orkla and Alcoa to merge the two parties' soft alloy aluminium profile operations to form a leading global company. Please find the attached pro forma 2006 figures for the Sapa Group including the merged unites from Alcoa and Sapa Profiles. Ref.: Rune Helland, SVP Investor Relations, Orkla ASA, tel.+4722544411


 

HAMILTON, Bermuda, Oct. 18, 2007 (PRIME NEWSWIRE) -- W.P. Stewart & Co., Ltd. will announce earnings results for the third quarter 2007 on Thursday, 1 November 2007 in a press release that will be issued at 8:00 a.m. (EDT). The press release also will be available on the Company's website at www.wpstewart.com. In conjunction with the third quarter earnings release, William P. Stewart, Chairman & Chief Executive Officer, will be hosting a conference call at 9:15 a.m. (EDT). Complete details to participate in the conference call are as follows: What: W.P. Stewart & Co., Ltd.'s Third Quarter 2007 Earnings Release When: Thursday, 1 November 2007 9:15 a.m. (EDT) - 10:00 a.m. (EDT) How: By teleconference, dial: 1-888-438-5448 (within the United States) + 719-325-2465 (outside the United States) Password: "W.P. Stewart or 4491793" Or: Visit our website at www.wpstewart.com and click on the Investor Relations tab for a link to the webcast The teleconference will be available for replay from Thursday, 1 November 2007 at 12:00 noon (EDT) through Friday, 2 November 2007 at 5:00 p.m. (EDT). To access the replay, please dial 1-888-203-1112 (within the United States) or +719-457-0820 (outside the United States). The PIN number for accessing this replay is 4491793. You will be able to access a replay of the Internet broadcast through Thursday, 8 November 2007, on the Company's website at www.wpstewart.com. The Company will respond to questions submitted by e-mail, following the conference. W.P. Stewart & Co., Ltd. is an asset management company that has provided research-intensive equity management services to clients throughout the world since 1975. The Company is headquartered in Hamilton, Bermuda and has additional operations or affiliates in the United States, Europe and Asia. The Company's shares are listed for trading on the New York Stock Exchange (NYSE:WPL) and on the Bermuda Stock Exchange (BSX:WPS). For more information, please visit the Company's website at www.wpstewart.com, or call W.P. Stewart Investor Relations (Fred M. Ryan) at + 441-295-8585 or e-mail to IRINFO@wpstewart.com. CONTACT: W.P. Stewart & Co., Ltd. Fred Ryan 441.295.8585


 

Bethesda, MD - October 18, 2007 - Micromet, Inc. (Nasdaq: MITI), a biopharmaceutical company focusing on the development of novel, proprietary antibody-based products for the treatment of cancer, inflammatory and autoimmune diseases, announced today that the Paul-Ehrlich Institute has approved an Investigational Medicinal Product Dossier (IMPD) for the conduct of a phase 2 clinical trial testing MT103 in patients with acute lymphoblastic leukemia (ALL) in Germany. MT103, a BiTE® antibody targeting the CD19 antigen, which is expressed on most malignant B lymphoma cells, is also being evaluated in an ongoing phase 1 clinical trial in Europe in non-Hodgkin's lymphoma (NHL). Micromet and MedImmune, a subsidiary of AstraZeneca plc, are currently developing MT103 (also known as MEDI-538). Under a 2003 agreement, Micromet granted MedImmune exclusive rights for MT103 for North America. Acute lymphoblastic leukemia is a highly aggressive form of B-cell leukemia. Currently, patients are initially treated with complex and toxic chemotherapy regimens that can be followed by bone marrow stem cell transplantation. If patients have low amounts of residual tumor cells after chemotherapy (also known as "minimal residual disease" or MRD) they are at a very high risk of relapse. This phase 2 clinical trial will test whether MT103 can remove residual tumor cells and thereby convert patients from a MRD-positive to a MRD-negative status with an improved time to relapse. "When MRD is detectable, the median relapse free survival in patients is only 4.1 months. In the German Multicenter Study Group for Adult ALL (GMALL) studies, patients with MRD after induction and the first consolidation treatment are identified as high risk and are candidates for stem cell transplantation. Optimization of treatment and reduction of relapse of patients with MRD-positive ALL represent an absolute medical need especially in patients for whom stem cell transplantation is not an option. Although CD19 is widely expressed in ALL, no antibody against this tumor associated antigen target has been developed thus far. The current clinical trial is set up to address the question of treating MRD positive ALL with a novel anti-CD19 antibody derivative," said Professor Hoelzer, Chairman of the GMALL study group. Early observations of MT103 clinical activity were recently reported from an ongoing phase 1 clinical trial evaluating MT103 as single-agent therapy in a population of heavily pre-treated patients with NHL. These observations included complete and partial responses confirmed by independent review. In addition, MT103 not only eliminated tumor target cells in peripheral blood but also cleared lymphoma cells from heavily infiltrated bone marrow. These data were presented at the 48th Annual Meeting of the American Society for Hematology in December 2006. "The upcoming phase 2 clinical trial in ALL is an important step to establish activity of MT103 in aggressive B cell leukemias and lymphomas," said Carsten Reinhardt, Micromet's Senior Vice President and Chief Medical Officer. "Investigating the effect of MT103 on minimal residual disease may open a highly promising new treatment concept in these diseases, that is, consolidation therapy with a BiTE antibody (MT103) after initial treatment with a chemotherapeutic regimen." About BiTE® Antibodies BiTE® antibodies are designed to direct the body's cytotoxic, or cell-destroying, T cells against tumor cells, and represent a new therapeutic approach to cancer therapy. BiTE antibodies have been shown to induce an immunological synapse between a T cell and a tumor cell in the same manner as observed during physiological T cell attacks. These cytolytic synapses enable the delivery of cytotoxic proteins from T cells into tumor cells, ultimately inducing a self-destruction process in the tumor cell referred to as apoptosis, or programmed cell death. In the presence of BiTE antibodies, T cells have been demonstrated to serially eliminate tumor cells, which explains the activity of BiTE antibodies at very low concentrations and at very low ratios of T cells to target tumor cells. Through the process of killing cancer cells, T cells proliferate, which leads to an increased number of T cells at the site of attack. Several antibodies in Micromet's product pipeline are BiTE antibodies and have been generated based on Micromet's proprietary BiTE product development platform. The most advanced BiTE antibody is MT103 (MEDI-538), targeting CD19, which has provided proof-of-concept in an ongoing phase 1 clinical study in advanced non-Hodgkin's lymphoma patients. Three other BiTE antibodies, targeting EpCAM (CD326), CEA and MCSP, are in pre-clinical development. About MT103 (MEDI-538) MT103, which is being co-developed with MedImmune as MEDI-538, is a BiTEâ antibody being developed with the intent to treat patients with certain types of B-cell lymphomas. MT103 received orphan drug designation from the EMEA for the treatment of mantle cell lymphoma and chronic lymphocytic leukemia. In February 2006, the U.S. Food and Drug Administration (FDA) also approved an orphan drug designation for MT103 for the treatment of certain indolent B-cell lymphomas. MT103 specifically targets the CD19 antigen, which is present on B-cells and B cell-derived tumors but not on other types of blood cells or healthy tissues. About Micromet, Inc. (www.micromet-inc.com) Micromet, Inc. is a biopharmaceutical company developing novel, proprietary antibodies for the treatment of cancer, inflammation and autoimmune diseases. Three of its antibodies are in clinical development. MT103 (MEDI-538), the first antibody developed using the BiTE ®technology platform to be clinically validated in Micromet's product pipeline, is being evaluated in a phase 1 clinical trial for the treatment of patients with non-Hodgkin's lymphoma. BiTE antibodies represent a new class of antibodies that activate a patient's own cytotoxic T cells to eliminate cancer cells. Micromet is developing MT103 in collaboration with AstraZeneca plc's subsidiary MedImmune, Inc. The second clinical stage antibody is adecatumumab (MT201), a human monoclonal antibody targeting EpCAM expressing tumors. Adecatumumab is being developed by Micromet in collaboration with Merck Serono in a phase 1b clinical trial evaluating MT201 in combination with docetaxel for the treatment of patients with metastatic breast cancer. The third clinical stage antibody is MT293 (formerly D93), also known as TRC093, a first-in-class humanized monoclonal antibody that inhibits angiogenesis and tumor cell growth by binding cleaved collagen. MT293, which is currently being tested in a phase 1 clinical trial, is licensed to TRACON Pharmaceuticals, Inc. and is being developed for the treatment of patients with cancer and age-related macular degeneration. In addition, Micromet has established a collaboration with Nycomed for the development and commercialization of MT203, Micromet's human antibody neutralizing the activity of granulocyte/macrophage colony stimulating factor (GM-CSF), which has potential applications in the treatment of various inflammatory and autoimmune diseases, such as rheumatoid arthritis, psoriasis, or multiple sclerosis. Forward-Looking Statements This release contains certain forward-looking statements that involve risks and uncertainties that could cause actual results to be materially different from historical results or from any future results expressed or implied by such forward-looking statements. Factors that may cause actual results to differ materially from any future results expressed or implied by any forward-looking statements include the risk that product candidates that appeared promising in early research, preclinical studies or clinical trials do not demonstrate safety and/or efficacy in subsequent clinical trials, the risk that encouraging results from early research, preclinical studies or clinical trials may not be confirmed upon further analysis of the detailed results of such research, preclinical study or clinical trial, the risk that additional information relating to the safety, efficacy or tolerability of our product candidates may be discovered upon further analysis of preclinical or clinical trial data, the risk that we or our collaborators will not obtain approval to market our product candidates, the risks associated with reliance on outside financing to meet capital requirements, and the risks associated with reliance on collaborators, including MedImmune, Merck Serono, TRACON and Nycomed, for the funding or conduct of further development and commercialization activities relating to our product candidates. You are urged to consider statements that include the words "ongoing", "may", "will", "would", "could", "should", "believes", "estimates", "projects", "potential", "expects", "suggests", "plans", "anticipates", "intends", "continues", "forecast", "designed", "goal", or the negative of those words or other comparable words to be uncertain and forward-looking. These factors and others are more fully discussed in our periodic reports and other filings with the SEC. ### Contact Information Company: Investors: Media: Christopher Schnittker, SVP & CFO Susan Noonan Patricia Garrison (240) 752-1421 (212) 966-3650 (917) 322-2567 christopher.schnittker@micromet-inc.com susan@sanoonan.com pgarrison@rxir.com


 

SimCorp announces that Munich ERGO Asset Management Gesellschaft (MEAG), which manages the assets of Munich Re and ERGO Insurance Group, extends its SimCorp Dimension license agreement.


 

Nera Telecommunications LTD, Singapore, 50.1% owned by Eltek ASA, today publish their financial result for the third quarter 2007. Neratel achieved revenues in the third quarter of SGD 44.1 million, compared to SGD 27.1 million in the corresponding quarter last year. Operating profit (EBIT) for the quarter was SGD 3.2 million compared to SGD 3.0 million in the third quarter last year. Net profit was SGD 3.0 million compared to SGD 30.9 million in the third quarter 2006. Third quarter 2006 included a gain of SGD 28.8 million related to disposal of a subsidiary. For the first nine months revenue was SGD 122.0 million, compared to SGD 101.1 million in 2006. EBIT was SGD 10.3 million compared to SGD 7.9 million in 2006. Please note that due to different accounting principles Eltek will report different figures for Neratel in its Group results, the main difference being amortization of intangible assets identified as part of the Purchase Price Allocation (PPA). For further information, please contact: Pål Skistad, CFO Eltek ASA, +47 32 20 32 34 The announcement from Nera Telecommunications is attached at http://www.newsweb.no --- End of Message --- Eltek ASA PO Box 2340 Strømsø Drammen Norway ISIN: NO0003109407; ;


 

Nokia market share grows to an estimated 39%; total device operating margin up sequentially The complete press release with tables is available at: http://www.nokia.com/results/results2007Q3e.pdf +-------------------------------------------------------------------+ | | NOKIA IN THE THIRD QUARTER 2007* | |--------------------------------+----------------------------------| | EUR million | Q3/2007** | Q3/2006** | Change | |--------------------------------+------------+------------+--------| | Net sales | 12 898 | 10 100 | 28% | |--------------------------------+------------+------------+--------| | Mobile Phones | 6 131 | 5 949 | 3% | |--------------------------------+------------+------------+--------| | Multimedia | 2 580 | 2 092 | 23% | |--------------------------------+------------+------------+--------| | Enterprise Solutions | 526 | 257 | 105% | |--------------------------------+------------+------------+--------| | Nokia Siemens Networks | 3 674 | 1 804 | | |--------------------------------+------------+------------+--------| | Operating profit | 1 862 | 1 100 | 69% | |--------------------------------+------------+------------+--------| | Mobile Phones | 1 388 | 779 | 78% | |--------------------------------+------------+------------+--------| | Multimedia | 575 | 366 | 57% | |--------------------------------+------------+------------+--------| | Enterprise Solutions | 88 | -65 | | |--------------------------------+------------+------------+--------| | Nokia Siemens Networks*** | -120 | 131 | | |--------------------------------+------------+------------+--------| | Group Common Functions | -69 | -111 | | |--------------------------------+------------+------------+--------| | Operating margin (%) | 14.4 | 10.9 | | |--------------------------------+------------+------------+--------| | Mobile Phones (%) | 22.6 | 13.1 | | |--------------------------------+------------+------------+--------| | Multimedia (%) | 22.3 | 17.5 | | |--------------------------------+------------+------------+--------| | Enterprise Solutions (%) | 16.7 | -25.3 | | |--------------------------------+------------+------------+--------| | Nokia Siemens Networks | -3.3 | 7.3 | | | (%)*** | | | | |--------------------------------+------------+------------+--------| | Net profit | 1 563 | 845 | 85% | |--------------------------------+------------+------------+--------| | EPS, EUR | | | | |--------------------------------+------------+------------+--------| | Basic*** | 0.40 | 0.21 | 90% | |--------------------------------+------------+------------+--------| | Diluted*** | 0.40 | 0.21 | 90% | +-------------------------------------------------------------------+ * As of April 1, 2007, Nokia results include those of Nokia Siemens Networks on a fully consolidated basis. Nokia Siemens Networks, a company jointly owned by Nokia and Siemens, is comprised of the former Nokia Networks and Siemens' carrier-related operations for fixed and mobile networks. Accordingly, the results of Nokia Group and Nokia Siemens Networks for the third quarter 2007 are not directly comparable to results for the third quarter 2006. Nokia's third quarter 2006 included the former Nokia Networks business group only. ** Q3 2007 special items: - EUR 86 million restructuring charge and other one-time items in Nokia Siemens Networks (impacting Nokia Siemens Networks operating profit) - EUR 60 million gain on sale of real estate (impacting Group Common Functions operating profit) - Excluding special items, diluted EPS was EUR 0.40 ** Q3 2006 special items: - Mobile Phones operating profit included charges of EUR 128 million primarily related to the restructuring of the CDMA business and associated asset write-downs. - Excluding this special item, diluted EPS was EUR 0.23. *** Important note to Nokia Siemens Networks Q3 2007 operating profit and Nokia EPS: In addition to the 'special items' listed above, Nokia Siemens Networks reported operating profit also included EUR 144 million in intangible asset amortization and other Purchase Price Accounting related items. THIRD QUARTER 2007 HIGHLIGHTS - Nokia diluted EPS of EUR 0.40, excluding special items, growing 74% from Q3 2006. - Nokia operating cash flow of EUR 2.0 billion. - Nokia operating margin of 14.6%, up sequentially from 11.0% in Q2 2007, excluding special items. - Nokia device volumes of 111.7 million units, up 11% sequentially and up 26% year on year. - Estimated industry device volumes of 286 million units, up 9% sequentially and up 17% year on year. - Nokia estimated device market share of 39%, up from 38% in Q2 2007 and up from 36% in Q3 2006. - The proportion of devices Nokia sold in the under EUR 30 category increased significantly, both sequentially and year on year. - Total device operating margin, and Mobile Phones gross margin, increased sequentially, despite Nokia's total device ASP of EUR 82 decreasing from EUR 90 in Q2 2007. - Nokia Siemens Networks operating margin, excluding special items, was -1.0% and was a positive 3.0%, excluding special items and Purchase Price Accounting related items. OLLI-PEKKA KALLASVUO, NOKIA CEO: Nokia strengthened its leading position in the device industry in the third quarter. In a strong market, we simultaneously gained market share and increased our operating margins. The quality and depth of our device portfolio continues to give us a good competitive edge and we believe our portfolio looks promising for next year. INDUSTRY AND NOKIA OUTLOOK - Nokia expects industry mobile device volumes in the fourth quarter 2007 to be up sequentially. - We expect Nokia's device market share in the fourth quarter 2007 to be approximately at the same level sequentially, leading to an estimated increase of our market share in the full year of 2007. - Nokia expects that the mobile device market volume will be approximately 1.1 billion units in 2007, up from the approximately 978 million units Nokia estimated for 2006. - Nokia continues to expect the device industry to experience value growth in 2007, but expects some decline in industry ASPs, primarily reflecting the increasing impact of the emerging markets and competitive factors in general. - Nokia continues to expect very slight market growth for the mobile and fixed infrastructure and related services market in euro terms in 2007. - Nokia and Nokia Siemens Networks cost synergy target for Nokia Siemens Networks continues to be to achieve approximately EUR 1.5 billion of annual cost synergies by the end of 2008. - Nokia and Nokia Siemens Networks have identified a further EUR 500 million of annual cost synergies, the majority of which we now estimate will be realized by the end of 2008. - Nokia is updating its previous estimate of EUR 1.5 billion in charges associated with cost synergies for Nokia Siemens Networks, and such charges are now estimated to be slightly above EUR 2 billion. The total estimated charges reflect the total annual EUR 2 billion cost synergy target and the increased visibility on the additional EUR 500 million of targeted cost synergies, including the potential need to further refine Nokia Siemens Networks' product portfolio in a way not previously identified at the formation of Nokia Siemens Networks on April 1, 2007. - Nokia estimates that the majority of the remaining estimated charges associated with cost synergies for Nokia Siemens Networks will be recorded in the fourth quarter 2007. The total restructuring charges recorded by the end of the third quarter 2007 are EUR 991 million. Q3 2007 FINANCIAL HIGHLIGHTS (Comparisons are given to the third quarter 2006 results, unless otherwise indicated.) As of April 1, 2007, Nokia results include those of Nokia Siemens Networks on a fully consolidated basis. Nokia Siemens Networks, a company jointly owned by Nokia and Siemens, is comprised of the former Nokia Networks and Siemens' carrier-related operations for fixed and mobile networks. Accordingly, the results of Nokia Group and Nokia Siemens Networks for the third quarter 2007 are not directly comparable to results for the third quarter 2006. Nokia's third quarter 2006 included the former Nokia Networks business group only. Nokia Group Nokia's third quarter 2007 net sales increased 28% to EUR 12.9 billion, compared with EUR 10.1 billion in the third quarter 2006. At constant currency, group net sales would have increased 32%. Nokia's third quarter 2007 operating profit grew 69% to EUR 1.9 billion (including the EUR 26 million net negative impact of special items), compared with EUR 1.1 billion in the third quarter 2006 (including the negative impact of the EUR 128 million special item). The special items for the third quarter 2007 included a EUR 86 million restructuring charge and other one-time items in Nokia Siemens Networks (impacting Nokia Siemens Networks operating profit); and a EUR 60 million gain on sale of real estate (impacting Group Common Functions). Nokia's third quarter 2007 operating margin was 14.4% (10.9%), including the EUR 26 million net negative impact of the special items. Excluding the special items, Nokia's third quarter 2007 operating margin was 14.6% (12.2%). Operating cash flow for the third quarter 2007 was EUR 2.0 billion, compared with EUR 1.0 billion for the third quarter 2006, and total combined cash and other liquid assets were EUR 9.2 billion, compared with EUR 8.5 billion at December 31, 2006. As of September 30, 2007, our net debt-equity ratio (gearing) was -51%, compared with -68% at December 31, 2006. Mobile devices In the third quarter 2007, the total mobile device volume achieved by our Mobile Phones, Multimedia and Enterprise Solutions business groups reached 111.7 million units, representing 26% year on year growth and an 11% sequential increase. The overall industry volume for the same period reached an estimated 286 million units, representing 17% year on year growth and a 9% sequential increase. Converged device industry volumes increased to an estimated 31.7 million units, compared with 19.5 million units in the third quarter 2006. Nokia's own converged device volume rose to 16.0 million units, compared with 10.4 million units in the third quarter 2006. Nokia shipped well over 9 million Nokia Nseries and almost 2 million Nokia Eseries devices during the third quarter 2007. The following chart sets out Nokia's mobile device volumes for the periods indicated, as well as the year on year and sequential growth rates, by geographic area. +-------------------------------------------------------------------+ | NOKIA MOBILE DEVICE VOLUME BY GEOGRAPHIC AREA | |-------------------------------------------------------------------| | | | | YoY | | QoQ | | | | Q3 | Change | Q2 | Change | | (million units) | Q3 2007 | 2006 | (%) | 2007 | (%) | |-----------------+---------+--------+-----------+--------+---------| | Europe | 29.0 | 24.8 | 16.9 | 27.1 | 7.0 | |-----------------+---------+--------+-----------+--------+---------| | Middle East & | | | | | | | Africa | 19.3 | 13.3 | 45.1 | 17.1 | 12.9 | |-----------------+---------+--------+-----------+--------+---------| | China | 18.9 | 13.8 | 37.0 | 15.9 | 18.9 | |-----------------+---------+--------+-----------+--------+---------| | Asia-Pacific | 29.5 | 20.9 | 41.1 | 25.6 | 15.2 | |-----------------+---------+--------+-----------+--------+---------| | North America | 5.4 | 5.8 | -1.7 | 4.1 | 39.0 | |-----------------+---------+--------+-----------+--------+---------| | Latin America | 9.6 | 9.9 | -3.0 | 11.0 | -12.7 | |-----------------+---------+--------+-----------+--------+---------| | Total | 111.7 | 88.5 | 26.2 | 100.8 | 10.8 | +-------------------------------------------------------------------+ Based on our preliminary market estimate, Nokia's market share for the third quarter 2007 was 39%, compared with 36% in the third quarter 2006 and 38% in the second quarter 2007. Nokia's year on year market share increase was driven primarily by strong gains in Europe, Middle East & Africa, Asia-Pacific and China. Nokia's market share decreased year on year in Latin America and North America. Nokia had strong sequential market share gains in North America and to a lesser degree in China and Asia-Pacific. Nokia's market share decreased sequentially in Europe, Latin America and Middle East & Africa. Nokia's device volumes for the third quarter 2007 were somewhat constrained by component shortages, which continue to some degree in the fourth quarter 2007. In a strongly growing market, these component shortages are linked to the expected high demand for Nokia products and seasonal industry growth in the fourth quarter. Nokia's average selling price in the third quarter 2007 was EUR 82, down from EUR 93 in the third quarter 2006 and down from EUR 90 in the second quarter 2007. The lower year on year and sequential ASP in the third quarter 2007 was primarily the result of a significantly higher proportion of entry level device sales, especially in the under EUR 30 category where industry growth has been very strong and where Nokia has the leading market share. Nokia's margins were strong in entry-level devices (including the under EUR 30 category) in the third quarter 2007; driven by Nokia's scale, low cost structure, world class distribution and leading brand. Business Groups Mobile Phones Third quarter 2007 net sales grew 3% to EUR 6.1 billion, compared with EUR 5.9 billion in the third quarter 2006. Strong overall volume growth was partially offset by a significant ASP decline year on year, driven primarily by a higher proportion of entry-level sales. Net sales year on year growth was strongest in Asia-Pacific and Middle East & Africa, followed by China. Net sales were down significantly in North America, and to a lesser degree in Latin America and Europe year on year. Mobile Phones operating profit grew 78% to EUR 1.4 billion, compared with EUR 779 million in the third quarter 2006, with an operating margin of 22.6% (13.1%). Third quarter 2006 reported operating profit included a charge of EUR 128 million primarily related to the restructuring of the CDMA business and associated asset write-downs. The 53% increase in operating profit for the third quarter 2007, excluding these charges, was driven primarily by an improved gross margin, compared to the third quarter 2006. The increase in Mobile Phones gross margin was primarily due to newer and more profitable products across its range. Multimedia Third quarter 2007 net sales increased 23% to EUR 2.6 billion, compared with EUR 2.1 billion in the third quarter 2006. Multimedia net sales were up in all regions, with growth strongest in Latin America and North America. However, Latin America and North America net sales continue to be relatively small. Multimedia net sales growth was driven by high volumes of Nokia Nseries multimedia computers, especially the Nokia N70, Nokia N73 and Nokia N95. Multimedia third quarter operating profit grew 57% to EUR 575 million, compared with EUR 366 million in the third quarter 2006, with an operating margin of 22.3% (17.5%). Operating profit growth in the third quarter 2007 was driven by strong net sales growth and improved gross margins from a solid product portfolio, compared to the third quarter 2006. Enterprise Solutions Third quarter 2007 net sales increased 105% to EUR 526 million, compared with EUR 257 million in the third quarter 2006. Net sales were up significantly year on year in all regions except North America. Net sales were driven primarily by strong volume growth in Enterprise Solutions device business, especially the Nokia E65, compared to the third quarter 2006. In the third quarter 2007, Enterprise Solutions operating profit was EUR 88 million, compared with an operating loss of EUR 65 million in the third quarter 2006, with an operating margin of 16.7% (-25.3%). The significantly improved operating performance for the third quarter 2007 reflected strong net sales growth and effective cost control, compared to the third quarter 2006. Nokia Siemens Networks Third quarter 2007 net sales were EUR 3.7 billion. The third quarter 2007 results of Nokia Siemens Networks are not directly comparable to the third quarter of 2006 as it included the former Nokia Networks business group only. However, net sales were up 7% compared to the second quarter of 2007, which was the first quarter of operations for Nokia Siemens Networks. The following chart sets out Nokia Siemens Networks net sales for the periods indicated by geographic area. +-------------------------------------------------------+ | NOKIA SIEMENS NETWORKS NET SALES BY GEOGRAPHIC AREA | |-------------------------------------------------------| | | | | QoQ Change | | EUR million | Q3 2007 | Q2 2007 | (%) | |----------------------+---------+---------+------------| | Europe | 1 500 | 1 186 | 25.9 | |----------------------+---------+---------+------------| | Middle East & Africa | 448 | 369 | 21.3 | |----------------------+---------+---------+------------| | China | 372 | 294 | 26.4 | |----------------------+---------+---------+------------| | Asia-Pacific | 849 | 1 183 | -27.8 | |----------------------+---------+---------+------------| | North America | 152 | 164 | -7.0 | |----------------------+---------+---------+------------| | Latin America | 353 | 242 | 46.0 | |----------------------+---------+---------+------------| | Total | 3 674 | 3 438 | 6.9 | +-------------------------------------------------------+ Nokia Siemens Networks third quarter operating profit was negative EUR 120 million, with an operating margin of -3.3%. The reported third quarter 2007 operating profit included a charge of EUR 86 million related to Nokia Siemens Networks restructuring costs and other one time items. The operating profit for the third quarter 2007, excluding these special items, was negative EUR 34 million, with an operating margin of -1.0%, improving from the comparable second quarter 2007 operating margin of 10.5%. The improvement in the operating margin was driven by higher net sales and the absence of the acquisition related inventory value adjustments of EUR 182 million, which only impacted the second quarter of 2007. The operating profit in the third quarter 2007 also included EUR 144 million for intangible asset amortization and other Purchase Price Accounting related items. Third quarter 2007 operating margin was a positive 3.0%, excluding both the special items and the Purchase Price Accounting related items. Q3 2007 OPERATING HIGHLIGHTS Nokia - Nokia introduced Ovi, the company's new Internet services brand name. Ovi, meaning 'door' in Finnish, will enable consumers to easily access their existing social network, communities and content, and will act as a gateway to Nokia services. - As part of Ovi, Nokia announced the Nokia Music Store and N-Gage, two services that make it easy for people to discover, try and buy music and games from a range of artists and publishers, including exclusive content only available through Nokia. - In July, Nokia acquired Twango, which provides a comprehensive media sharing solution for organizing and sharing photos, videos and other personal media. By acquiring Twango, Nokia will be able to offer people an easy way to share multimedia content through their desktop and mobile devices. This acquisition was followed by the acquisition of Enpocket, a global leader in mobile advertising, announced in the third quarter 2007 and closed early during the fourth quarter 2007; and the agreement announced early in the fourth quarter 2007 to acquire NAVTEQ, a leading provider of comprehensive digital map information for automotive navigation systems, mobile navigation devices, Internet-based mapping applications, and government and business solutions. The acquisition of NAVTEQ is not yet closed. Mobile Phones The following devices were announced during Q3: - Nokia 5310 XpressMusic and Nokia 5610 XpressMusic, both with dedicated music keys, expanded memory, large screens and extended battery performance. - Nokia 6301, a stainless steel device offering consumers seamless voice and data mobility across GSM cellular and WLAN networks via Unlicensed Mobile Access (UMA) technology. - Nokia 6555, the first phone with a unique smooth-back fold design. In the US, the Nokia 6555 is exclusively available from AT&T. - Nokia's Prism collection, comprising the Nokia 7900 Prism and the Nokia 7500 Prism - the latest range of mobile phones aimed at style-conscious consumers. The Prism collection features a diamond-cut design with sharp angled lines, geometric patterns and graphic light-refracting colors. Multimedia - Nokia announced two new Nokia Nseries devices: Nokia N81 8GB, an entertainment focused multimedia computer and Nokia N95 8GB, which follows the success of the original Nokia N95 with a larger display, enhanced usage times and 8 gigabytes of memory capacity. - The Nokia N95 multimedia computer has been voted 'the European Media Phone of the Year 2007-2008' by the European Imaging and Sound Association (EISA), Europe's leading association for consumer electronics. Enterprise Solutions - The Nokia E51 was announced during the third quarter. This stylish dual-mode business smartphone is designed for great cellular performance as well as integration with corporate telephony systems from partners such as Cisco and Alcatel. The device will be featured as part of BT's Corporate Fusion program - Nokia announced Mail for Exchange 2.0 for Nokia Eseries and selected Nokia Nseries devices, providing seamless access to Microsoft Exchange servers from a Nokia device with improved user experience. - Nokia won 10 new Nokia Intellisync wireless email operator accounts worldwide, marking the most contracts signed in any single quarter since the Intellisync acquisition. - Nokia completed a refresh of its security appliance product line with the launch of the Nokia IP2450. This high-performance appliance leverages new Intel technology designed to deliver leading price performance to our enterprise security customers. Nokia Siemens Networks - Nokia Siemens Networks announced it would expand its R&D competence in Chengdu, China and would invest USD 100 million to strengthen operations in India. The company also announced that its Services business unit would be based in India. - Contracts won included a USD 900 million end-to-end network expansion with Bharti Airtel in India; a EUR 180 million GSM/EDGE deal with Henan MCC in China; a multi-vendor IP network maintenance agreement with Deutsche Telekom in Germany; and a EUR 61.5 million 3G network expansion agreement with Taiwan's Chunghwa Telecom. - Nokia Siemens Networks won the first commercial deployment for its I-HSPA solution with TerreStar; made a cooperation deal with Intel in IPTV; and launched a new 3G Femto Home Access solution and then struck Femto cooperation deals with Airvana Inc. and Thomson. - During the quarter Nokia Siemens Networks was the first company to successfully deploy hybrid backhaul in a live network. Hybrid backhaul is aimed at helping operators to reduce costs while boosting capacity. - Nokia Siemens Networks continued to be on track to achieve the earlier announced cost synergy targets, including the planned personnel reductions. - The integration work continues and Nokia Siemens Networks has defined its new values. For more information on the operating highlights mentioned above, please refer to related press announcements, which can be accessed at the following link: http://www.nokia.com/press and http://www.nokiasiemensnetworks.com/press. NOKIA IN THE THIRD QUARTER 2007 (International Financial Reporting Standards (IFRS) comparisons given to the third quarter 2006 results, unless otherwise indicated.) As of April 1, 2007, Nokia results include those of Nokia Siemens Networks on a fully consolidated basis. Nokia Siemens Networks, a company jointly owned by Nokia and Siemens, is comprised of the former Nokia Networks and Siemens' carrier-related operations for fixed and mobile networks. Accordingly, the results of Nokia Group and Nokia Siemens Networks for the third quarter 2007 are not directly comparable to results for the third quarter 2006. Nokia's third quarter 2006 included the former Nokia Networks business group only. Nokia's net sales increased 28% to EUR 12 898 million (EUR 10 100 million). Net sales of Mobile Phones increased 3% to EUR 6 131 million (EUR 5 949 million). Net sales of Multimedia increased 23% to EUR 2 580 million (EUR 2 092 million). Net sales of Enterprise Solutions increased 105% to EUR 526 million (EUR 257 million). Net sales of Nokia Siemens Networks were EUR 3 674 million. Operating profit increased to EUR 1 862 million (EUR 1 100 million), representing an operating margin of 14.4% (10.9%). Operating profit in Mobile Phones increased 78% to EUR 1 388 million (EUR 779 million), representing an operating margin of 22.6% (13.1%). Operating profit in Multimedia increased 57% to EUR 575 million (EUR 366 million), representing an operating margin of 22.3% (17.5%). Enterprise Solutions reported an operating profit of EUR 88 million (operating loss of EUR 65 million), representing an operating margin of 16.7% (-25.3%). Nokia Siemens Networks reported an operating loss of EUR 120 million representing an operating margin of -3.3%. Group Common Functions operating expenses totaled EUR 69 million (operating expenses EUR 111 million). Financial income was EUR 67 million (EUR 34 million). Profit before tax and minority interests was EUR 1 924 million (EUR 1 145 million). Taxes included the positive impact of approximately EUR 70 million due to changes in deferred tax assets due to the decrease in the German statutory tax rate. Net profit totaled EUR 1 563 million (EUR 845 million). Earnings per share increased to EUR 0.40 (basic) and to EUR 0.40 (diluted), compared with EUR 0.21 (basic) and EUR 0.21 (diluted) in the third quarter of 2006. NOKIA IN JANUARY - SEPTEMBER 2007 (International Financial Reporting Standards (IFRS) comparisons given to the January-September 2006 results, unless otherwise indicated.) As of April 1, 2007, Nokia results include those of Nokia Siemens Networks on a fully consolidated basis. Nokia Siemens Networks, a company jointly owned by Nokia and Siemens, is comprised of the former Nokia Networks and Siemens' carrier-related operations for fixed and mobile networks. Accordingly, the results of Nokia Group and Nokia Siemens Networks for the third quarter 2007 are not directly comparable to results for the third quarter 2006. Nokia's third quarter 2006 included the former Nokia Networks business group only. Nokia's net sales increased 20% to EUR 35 341 million (EUR 29 420 million). Net sales of Mobile Phones decreased to EUR 17 645 million (EUR 17 693 million). Net sales of Multimedia increased 31% to EUR 7 512 million (EUR 5 741 million). Net sales of Enterprise Solutions increased 93% and totaled EUR 1 400 million (EUR 726 million). Net sales of Nokia Siemens Networks were EUR 8 810 million. Operating profit increased to EUR 5 493 million (EUR 3 969 million), representing an operating margin of 15.5% (13.5%). Operating profit in Mobile Phones increased 26% to EUR 3 576 million (EUR 2 843 million), representing an operating margin of 20.3% (16.1%). Operating profit in Multimedia increased 57% to EUR 1 560 million (EUR 993 million), representing an operating margin of 20.8% (17.3%). Enterprise Solutions reported an operating profit of EUR 149 million (operating loss of EUR 194 million), representing an operating margin of 10.6% (-26.7%). Operating loss in Nokia Siemens Networks was EUR 1 308 million, representing an operating margin of -14.8 %. Group Common Functions operating profit totaled EUR 1 516 million, including a gain of EUR 1 883 million. In the period from January to September 2007, net financial income was EUR 175 million (EUR 163 million). Profit before tax and minority interests was EUR 5 695 million (EUR 4 155 million). Net profit totaled EUR 5 370 million (EUR 3 033 million). Earnings per share increased to EUR 1.37 (basic) and to EUR 1.36 (diluted), compared with EUR 0.74 (basic) and EUR 0.74 (diluted). PERSONNEL The average number of employees during January-September was 96 495. At September 30, 2007, Nokia employed a total of 112 913 people (68 483 people at December 31, 2006). The increase in personnel at September 30, 2007 is primarily attributable to Nokia Siemens Networks. SHARES The total number of Nokia shares on September 30, 2007 was 3 935 542 025. On September 30, 2007, Nokia and its subsidiary companies owned 101 992 828 Nokia shares, representing approximately 2.6 % of the total number of Nokia shares and the total voting rights. The complete press release with tables is available at: http://www.nokia.com/results/results2007Q3e.pdf FORWARD-LOOKING STATEMENTS It should be noted that certain statements herein which are not historical facts, including, without limitation, those regarding: A) the timing of product, service and solution deliveries; B) our ability to develop, implement and commercialize new products, services, solutions and technologies; C) expectations regarding market growth, developments and structural changes; D) expectations regarding our mobile device volume growth, market share, prices and margins; E) expectations and targets for our results of operations; F) the outcome of pending and threatened litigation; G) expectations regarding the successful completion of contemplated acquisitions on a timely basis and our ability to achieve set targets upon the completion of such acquisitions; and H) statements preceded by "believe," "expect," "anticipate," "foresee," "target," "estimate," "designed," "plans," "will" or similar expressions are forward-looking statements. These statements are based on management's best assumptions and beliefs in light of the information currently available to it. Because they involve risks and uncertainties, actual results may differ materially from the results that we currently expect. Factors that could cause these differences include, but are not limited to: 1) competitiveness of our product portfolio; 2) our ability to identify key market trends and to respond timely and successfully to the needs of our customers; 3) the extent of the growth of the mobile communications industry, as well as the growth and profitability of the new market segments within that industry which we target; 4) the availability of new products and services by network operators and other market participants; 5) our ability to successfully manage costs; 6) the intensity of competition in the mobile communications industry and our ability to maintain or improve our market position and respond successfully to changes in the competitive landscape; 7) the impact of changes in technology and our ability to develop or otherwise acquire complex technologies as required by the market, with full rights needed to use; 8) timely and successful commercialization of complex technologies as new advanced products, services and solutions; 9) our ability to protect the complex technologies, which we or others develop or that we license, from claims that we have infringed third parties' intellectual property rights, as well as our unrestricted use on commercially acceptable terms of certain technologies in our products, services and solution offerings; 10) our ability to protect numerous Nokia patented, standardized, or proprietary technologies from third party infringement or actions to invalidate the intellectual property rights of these technologies; 11) our ability to manage efficiently our manufacturing and logistics, as well as to ensure the quality, safety, security and timely delivery of our products, services and solutions; 12) inventory management risks resulting from shifts in market demand; 13) our ability to source quality components and sub-assemblies without interruption and at acceptable prices; 14) Nokia's and Siemens' ability to successfully integrate the operations, personnel and supporting activities of their respective businesses as a result of the merger of Nokia's networks business and Siemens' carrier-related operations for fixed and mobile networks forming Nokia Siemens Networks; 15) whether, as a result of investigations into alleged violations of law by some current or former employees of Siemens, government authorities or others take actions against Siemens and/or its employees that may involve and affect the carrier-related assets and employees transferred by Siemens to Nokia Siemens Networks, or there may be undetected additional violations that may have occurred prior to the transfer, or ongoing violations that may occur after the transfer, of such assets and employees that could result in additional actions by government authorities; 16) the expense, time, attention and resources of Nokia Siemens Networks and our management to detect, investigate and resolve any situations related to alleged violations of law involving the assets and employees of Siemens carrier-related operations transferred to Nokia Siemens Networks; 17) any impairment of Nokia Siemens Networks customer relationships resulting from the ongoing government investigations involving the Siemens carrier-related operations transferred to Nokia Siemens Networks; 18) developments under large, multi-year contracts or in relation to major customers; 19) general economic conditions globally and, in particular, economic or political turmoil in emerging market countries where we do business; 20) our success in collaboration arrangements relating to development of technologies or new products, services and solutions; 21) the success, financial condition and performance of our collaboration partners, suppliers and customers; 22) any disruption to information technology systems and networks that our operations rely on; 23) exchange rate fluctuations, including, in particular, fluctuations between the euro, which is our reporting currency, and the US dollar, the Chinese yuan, the UK pound sterling and the Japanese yen, as well as certain other currencies; 24) the management of our customer financing exposure; 25) allegations of possible health risks from electromagnetic fields generated by base stations and mobile devices and lawsuits related to them, regardless of merit; 26) unfavorable outcome of litigations; 27) our ability to recruit, retain and develop appropriately skilled employees; and 28) the impact of changes in government policies, laws or regulations; as well as the risk factors specified on pages 12-24 of Nokia's annual report on Form 20-F for the year ended December 31, 2006 under "Item 3.D Risk Factors." Other unknown or unpredictable factors or underlying assumptions subsequently proving to be incorrect could cause actual results to differ materially from those in the forward-looking statements. Nokia does not undertake any obligation to update publicly or revise forward-looking statements, whether as a result of new information, future events or otherwise, except to the extent legally required. Nokia, Helsinki - October 18, 2007 Media and Investor Contacts: Corporate Communications, tel. +358 7180 34495 or +358 7180 34900 Investor Relations Europe, tel. +358 7180 34289 Investor Relations US, tel. +1 914 368 0555 - Nokia plans to report its Q4 and full year 2007 results on January 24, 2008 - The Annual General Meeting is scheduled to be held on May 8, 2008 www.nokia.com --- End of Message --- NOKIA WKN: 870737; ISIN: FI0009000681; Listed: General Standard in Frankfurter Wertpapierbörse, Freiverkehr in Bayerische Börse München, Freiverkehr in Börse Berlin, Freiverkehr in Börse Düsseldorf, Freiverkehr in Hanseatische Wertpapierbörse zu Hamburg, Freiverkehr in Niedersächsische Börse zu Hannover, Freiverkehr in Börse Stuttgart, Amtlicher Markt in Frankfurter Wertpapierbörse;


 

The presentation will take place in the following premises: 08:15 am at DnB NOR, Aker Brygge, Stranden 21, Oslo by/Deputy President & CEO Tor Lund. 15:15 pm at Rieber & Søn's Board room, 6th floor, Nøstegaten 58, Bergen by/Deputy President & CEO Tor Lund. Light refreshments will be served at 15:00 pm. Enrolment by: Monday, 22 October 2007. If you intend to participate, please notify Eli Øvrebø Olsen at the Group Secretariat on +47 55 96 75 65 or by e-mail to: companyadm@rieberson.no The complete material can be accessed at: http://www.rieberson.no at 08.15 am. Facts about Rieber & Søn ASA: Rieber & Søn is one of Norway's leading food conglomerates. The main markets are Western Europe and Central and Eastern Europe where the Group has considerable market shares in the retail grocery sector. Rieber & Søn's aim is to be the Local Taste Champion in its main markets. Attractive and sought-after food products based on consumer requirements are developed through Rieber & Søn's competence in established eating habits. Rieber & Søn also introduces ethnic dishes in national and local markets and makes them easier for the consumers to prepare. Through systematic product maintenance and product development, as well as aggressive launches, Rieber & Søn has helped to bring about continuous consumer growth in its main groups. Rieber & Søn had leading brands such as Toro, Denja, MrLee, King Oscar, Vossafår, Vestlandslefsa, Sopps, Black Boy, Geisha, Ming, Trondheim's, Mrs Cheng's and Frödinge (Sweden), K-Salat and Bähncke (Denmark), Delecta (Poland), Vitana (Czech Republic and Slovakia), Chaka (Russia), Cronions and Rijnhout (Netherlands). The Group has a workforce of 4 000 (of whom 1 050 are in Norway), with production in 7 countries and representation through sales and market organisations in a further 6 countries.


 

Nokia market share grows to an estimated 39%; total device operating margin up sequentially The complete press release with tables is available at: http://www.nokia.com/results/results2007Q3e.pdf +-------------------------------------------------------------------+ | | NOKIA IN THE THIRD QUARTER 2007* | |--------------------------------+----------------------------------| | EUR million | Q3/2007** | Q3/2006** | Change | |--------------------------------+------------+------------+--------| | Net sales | 12 898 | 10 100 | 28% | |--------------------------------+------------+------------+--------| | Mobile Phones | 6 131 | 5 949 | 3% | |--------------------------------+------------+------------+--------| | Multimedia | 2 580 | 2 092 | 23% | |--------------------------------+------------+------------+--------| | Enterprise Solutions | 526 | 257 | 105% | |--------------------------------+------------+------------+--------| | Nokia Siemens Networks | 3 674 | 1 804 | | |--------------------------------+------------+------------+--------| | Operating profit | 1 862 | 1 100 | 69% | |--------------------------------+------------+------------+--------| | Mobile Phones | 1 388 | 779 | 78% | |--------------------------------+------------+------------+--------| | Multimedia | 575 | 366 | 57% | |--------------------------------+------------+------------+--------| | Enterprise Solutions | 88 | -65 | | |--------------------------------+------------+------------+--------| | Nokia Siemens Networks*** | -120 | 131 | | |--------------------------------+------------+------------+--------| | Group Common Functions | -69 | -111 | | |--------------------------------+------------+------------+--------| | Operating margin (%) | 14.4 | 10.9 | | |--------------------------------+------------+------------+--------| | Mobile Phones (%) | 22.6 | 13.1 | | |--------------------------------+------------+------------+--------| | Multimedia (%) | 22.3 | 17.5 | | |--------------------------------+------------+------------+--------| | Enterprise Solutions (%) | 16.7 | -25.3 | | |--------------------------------+------------+------------+--------| | Nokia Siemens Networks | -3.3 | 7.3 | | | (%)*** | | | | |--------------------------------+------------+------------+--------| | Net profit | 1 563 | 845 | 85% | |--------------------------------+------------+------------+--------| | EPS, EUR | | | | |--------------------------------+------------+------------+--------| | Basic*** | 0.40 | 0.21 | 90% | |--------------------------------+------------+------------+--------| | Diluted*** | 0.40 | 0.21 | 90% | +-------------------------------------------------------------------+ * As of April 1, 2007, Nokia results include those of Nokia Siemens Networks on a fully consolidated basis. Nokia Siemens Networks, a company jointly owned by Nokia and Siemens, is comprised of the former Nokia Networks and Siemens' carrier-related operations for fixed and mobile networks. Accordingly, the results of Nokia Group and Nokia Siemens Networks for the third quarter 2007 are not directly comparable to results for the third quarter 2006. Nokia's third quarter 2006 included the former Nokia Networks business group only. ** Q3 2007 special items: - EUR 86 million restructuring charge and other one-time items in Nokia Siemens Networks (impacting Nokia Siemens Networks operating profit) - EUR 60 million gain on sale of real estate (impacting Group Common Functions operating profit) - Excluding special items, diluted EPS was EUR 0.40 ** Q3 2006 special items: - Mobile Phones operating profit included charges of EUR 128 million primarily related to the restructuring of the CDMA business and associated asset write-downs. - Excluding this special item, diluted EPS was EUR 0.23. *** Important note to Nokia Siemens Networks Q3 2007 operating profit and Nokia EPS: In addition to the 'special items' listed above, Nokia Siemens Networks reported operating profit also included EUR 144 million in intangible asset amortization and other Purchase Price Accounting related items. THIRD QUARTER 2007 HIGHLIGHTS - Nokia diluted EPS of EUR 0.40, excluding special items, growing 74% from Q3 2006. - Nokia operating cash flow of EUR 2.0 billion. - Nokia operating margin of 14.6%, up sequentially from 11.0% in Q2 2007, excluding special items. - Nokia device volumes of 111.7 million units, up 11% sequentially and up 26% year on year. - Estimated industry device volumes of 286 million units, up 9% sequentially and up 17% year on year. - Nokia estimated device market share of 39%, up from 38% in Q2 2007 and up from 36% in Q3 2006. - The proportion of devices Nokia sold in the under EUR 30 category increased significantly, both sequentially and year on year. - Total device operating margin, and Mobile Phones gross margin, increased sequentially, despite Nokia's total device ASP of EUR 82 decreasing from EUR 90 in Q2 2007. - Nokia Siemens Networks operating margin, excluding special items, was -1.0% and was a positive 3.0%, excluding special items and Purchase Price Accounting related items. OLLI-PEKKA KALLASVUO, NOKIA CEO: Nokia strengthened its leading position in the device industry in the third quarter. In a strong market, we simultaneously gained market share and increased our operating margins. The quality and depth of our device portfolio continues to give us a good competitive edge and we believe our portfolio looks promising for next year. INDUSTRY AND NOKIA OUTLOOK - Nokia expects industry mobile device volumes in the fourth quarter 2007 to be up sequentially. - We expect Nokia's device market share in the fourth quarter 2007 to be approximately at the same level sequentially, leading to an estimated increase of our market share in the full year of 2007. - Nokia expects that the mobile device market volume will be approximately 1.1 billion units in 2007, up from the approximately 978 million units Nokia estimated for 2006. - Nokia continues to expect the device industry to experience value growth in 2007, but expects some decline in industry ASPs, primarily reflecting the increasing impact of the emerging markets and competitive factors in general. - Nokia continues to expect very slight market growth for the mobile and fixed infrastructure and related services market in euro terms in 2007. - Nokia and Nokia Siemens Networks cost synergy target for Nokia Siemens Networks continues to be to achieve approximately EUR 1.5 billion of annual cost synergies by the end of 2008. - Nokia and Nokia Siemens Networks have identified a further EUR 500 million of annual cost synergies, the majority of which we now estimate will be realized by the end of 2008. - Nokia is updating its previous estimate of EUR 1.5 billion in charges associated with cost synergies for Nokia Siemens Networks, and such charges are now estimated to be slightly above EUR 2 billion. The total estimated charges reflect the total annual EUR 2 billion cost synergy target and the increased visibility on the additional EUR 500 million of targeted cost synergies, including the potential need to further refine Nokia Siemens Networks' product portfolio in a way not previously identified at the formation of Nokia Siemens Networks on April 1, 2007. - Nokia estimates that the majority of the remaining estimated charges associated with cost synergies for Nokia Siemens Networks will be recorded in the fourth quarter 2007. The total restructuring charges recorded by the end of the third quarter 2007 are EUR 991 million. Q3 2007 FINANCIAL HIGHLIGHTS (Comparisons are given to the third quarter 2006 results, unless otherwise indicated.) As of April 1, 2007, Nokia results include those of Nokia Siemens Networks on a fully consolidated basis. Nokia Siemens Networks, a company jointly owned by Nokia and Siemens, is comprised of the former Nokia Networks and Siemens' carrier-related operations for fixed and mobile networks. Accordingly, the results of Nokia Group and Nokia Siemens Networks for the third quarter 2007 are not directly comparable to results for the third quarter 2006. Nokia's third quarter 2006 included the former Nokia Networks business group only. Nokia Group Nokia's third quarter 2007 net sales increased 28% to EUR 12.9 billion, compared with EUR 10.1 billion in the third quarter 2006. At constant currency, group net sales would have increased 32%. Nokia's third quarter 2007 operating profit grew 69% to EUR 1.9 billion (including the EUR 26 million net negative impact of special items), compared with EUR 1.1 billion in the third quarter 2006 (including the negative impact of the EUR 128 million special item). The special items for the third quarter 2007 included a EUR 86 million restructuring charge and other one-time items in Nokia Siemens Networks (impacting Nokia Siemens Networks operating profit); and a EUR 60 million gain on sale of real estate (impacting Group Common Functions). Nokia's third quarter 2007 operating margin was 14.4% (10.9%), including the EUR 26 million net negative impact of the special items. Excluding the special items, Nokia's third quarter 2007 operating margin was 14.6% (12.2%). Operating cash flow for the third quarter 2007 was EUR 2.0 billion, compared with EUR 1.0 billion for the third quarter 2006, and total combined cash and other liquid assets were EUR 9.2 billion, compared with EUR 8.5 billion at December 31, 2006. As of September 30, 2007, our net debt-equity ratio (gearing) was -51%, compared with -68% at December 31, 2006. Mobile devices In the third quarter 2007, the total mobile device volume achieved by our Mobile Phones, Multimedia and Enterprise Solutions business groups reached 111.7 million units, representing 26% year on year growth and an 11% sequential increase. The overall industry volume for the same period reached an estimated 286 million units, representing 17% year on year growth and a 9% sequential increase. Converged device industry volumes increased to an estimated 31.7 million units, compared with 19.5 million units in the third quarter 2006. Nokia's own converged device volume rose to 16.0 million units, compared with 10.4 million units in the third quarter 2006. Nokia shipped well over 9 million Nokia Nseries and almost 2 million Nokia Eseries devices during the third quarter 2007. The following chart sets out Nokia's mobile device volumes for the periods indicated, as well as the year on year and sequential growth rates, by geographic area. +-------------------------------------------------------------------+ | NOKIA MOBILE DEVICE VOLUME BY GEOGRAPHIC AREA | |-------------------------------------------------------------------| | | | | YoY | | QoQ | | | | Q3 | Change | Q2 | Change | | (million units) | Q3 2007 | 2006 | (%) | 2007 | (%) | |-----------------+---------+--------+-----------+--------+---------| | Europe | 29.0 | 24.8 | 16.9 | 27.1 | 7.0 | |-----------------+---------+--------+-----------+--------+---------| | Middle East & | | | | | | | Africa | 19.3 | 13.3 | 45.1 | 17.1 | 12.9 | |-----------------+---------+--------+-----------+--------+---------| | China | 18.9 | 13.8 | 37.0 | 15.9 | 18.9 | |-----------------+---------+--------+-----------+--------+---------| | Asia-Pacific | 29.5 | 20.9 | 41.1 | 25.6 | 15.2 | |-----------------+---------+--------+-----------+--------+---------| | North America | 5.4 | 5.8 | -1.7 | 4.1 | 39.0 | |-----------------+---------+--------+-----------+--------+---------| | Latin America | 9.6 | 9.9 | -3.0 | 11.0 | -12.7 | |-----------------+---------+--------+-----------+--------+---------| | Total | 111.7 | 88.5 | 26.2 | 100.8 | 10.8 | +-------------------------------------------------------------------+ Based on our preliminary market estimate, Nokia's market share for the third quarter 2007 was 39%, compared with 36% in the third quarter 2006 and 38% in the second quarter 2007. Nokia's year on year market share increase was driven primarily by strong gains in Europe, Middle East & Africa, Asia-Pacific and China. Nokia's market share decreased year on year in Latin America and North America. Nokia had strong sequential market share gains in North America and to a lesser degree in China and Asia-Pacific. Nokia's market share decreased sequentially in Europe, Latin America and Middle East & Africa. Nokia's device volumes for the third quarter 2007 were somewhat constrained by component shortages, which continue to some degree in the fourth quarter 2007. In a strongly growing market, these component shortages are linked to the expected high demand for Nokia products and seasonal industry growth in the fourth quarter. Nokia's average selling price in the third quarter 2007 was EUR 82, down from EUR 93 in the third quarter 2006 and down from EUR 90 in the second quarter 2007. The lower year on year and sequential ASP in the third quarter 2007 was primarily the result of a significantly higher proportion of entry level device sales, especially in the under EUR 30 category where industry growth has been very strong and where Nokia has the leading market share. Nokia's margins were strong in entry-level devices (including the under EUR 30 category) in the third quarter 2007; driven by Nokia's scale, low cost structure, world class distribution and leading brand. Business Groups Mobile Phones Third quarter 2007 net sales grew 3% to EUR 6.1 billion, compared with EUR 5.9 billion in the third quarter 2006. Strong overall volume growth was partially offset by a significant ASP decline year on year, driven primarily by a higher proportion of entry-level sales. Net sales year on year growth was strongest in Asia-Pacific and Middle East & Africa, followed by China. Net sales were down significantly in North America, and to a lesser degree in Latin America and Europe year on year. Mobile Phones operating profit grew 78% to EUR 1.4 billion, compared with EUR 779 million in the third quarter 2006, with an operating margin of 22.6% (13.1%). Third quarter 2006 reported operating profit included a charge of EUR 128 million primarily related to the restructuring of the CDMA business and associated asset write-downs. The 53% increase in operating profit for the third quarter 2007, excluding these charges, was driven primarily by an improved gross margin, compared to the third quarter 2006. The increase in Mobile Phones gross margin was primarily due to newer and more profitable products across its range. Multimedia Third quarter 2007 net sales increased 23% to EUR 2.6 billion, compared with EUR 2.1 billion in the third quarter 2006. Multimedia net sales were up in all regions, with growth strongest in Latin America and North America. However, Latin America and North America net sales continue to be relatively small. Multimedia net sales growth was driven by high volumes of Nokia Nseries multimedia computers, especially the Nokia N70, Nokia N73 and Nokia N95. Multimedia third quarter operating profit grew 57% to EUR 575 million, compared with EUR 366 million in the third quarter 2006, with an operating margin of 22.3% (17.5%). Operating profit growth in the third quarter 2007 was driven by strong net sales growth and improved gross margins from a solid product portfolio, compared to the third quarter 2006. Enterprise Solutions Third quarter 2007 net sales increased 105% to EUR 526 million, compared with EUR 257 million in the third quarter 2006. Net sales were up significantly year on year in all regions except North America. Net sales were driven primarily by strong volume growth in Enterprise Solutions device business, especially the Nokia E65, compared to the third quarter 2006. In the third quarter 2007, Enterprise Solutions operating profit was EUR 88 million, compared with an operating loss of EUR 65 million in the third quarter 2006, with an operating margin of 16.7% (-25.3%). The significantly improved operating performance for the third quarter 2007 reflected strong net sales growth and effective cost control, compared to the third quarter 2006. Nokia Siemens Networks Third quarter 2007 net sales were EUR 3.7 billion. The third quarter 2007 results of Nokia Siemens Networks are not directly comparable to the third quarter of 2006 as it included the former Nokia Networks business group only. However, net sales were up 7% compared to the second quarter of 2007, which was the first quarter of operations for Nokia Siemens Networks. The following chart sets out Nokia Siemens Networks net sales for the periods indicated by geographic area. +-------------------------------------------------------+ | NOKIA SIEMENS NETWORKS NET SALES BY GEOGRAPHIC AREA | |-------------------------------------------------------| | | | | QoQ Change | | EUR million | Q3 2007 | Q2 2007 | (%) | |----------------------+---------+---------+------------| | Europe | 1 500 | 1 186 | 25.9 | |----------------------+---------+---------+------------| | Middle East & Africa | 448 | 369 | 21.3 | |----------------------+---------+---------+------------| | China | 372 | 294 | 26.4 | |----------------------+---------+---------+------------| | Asia-Pacific | 849 | 1 183 | -27.8 | |----------------------+---------+---------+------------| | North America | 152 | 164 | -7.0 | |----------------------+---------+---------+------------| | Latin America | 353 | 242 | 46.0 | |----------------------+---------+---------+------------| | Total | 3 674 | 3 438 | 6.9 | +-------------------------------------------------------+ Nokia Siemens Networks third quarter operating profit was negative EUR 120 million, with an operating margin of -3.3%. The reported third quarter 2007 operating profit included a charge of EUR 86 million related to Nokia Siemens Networks restructuring costs and other one time items. The operating profit for the third quarter 2007, excluding these special items, was negative EUR 34 million, with an operating margin of -1.0%, improving from the comparable second quarter 2007 operating margin of 10.5%. The improvement in the operating margin was driven by higher net sales and the absence of the acquisition related inventory value adjustments of EUR 182 million, which only impacted the second quarter of 2007. The operating profit in the third quarter 2007 also included EUR 144 million for intangible asset amortization and other Purchase Price Accounting related items. Third quarter 2007 operating margin was a positive 3.0%, excluding both the special items and the Purchase Price Accounting related items. Q3 2007 OPERATING HIGHLIGHTS Nokia - Nokia introduced Ovi, the company's new Internet services brand name. Ovi, meaning 'door' in Finnish, will enable consumers to easily access their existing social network, communities and content, and will act as a gateway to Nokia services. - As part of Ovi, Nokia announced the Nokia Music Store and N-Gage, two services that make it easy for people to discover, try and buy music and games from a range of artists and publishers, including exclusive content only available through Nokia. - In July, Nokia acquired Twango, which provides a comprehensive media sharing solution for organizing and sharing photos, videos and other personal media. By acquiring Twango, Nokia will be able to offer people an easy way to share multimedia content through their desktop and mobile devices. This acquisition was followed by the acquisition of Enpocket, a global leader in mobile advertising, announced in the third quarter 2007 and closed early during the fourth quarter 2007; and the agreement announced early in the fourth quarter 2007 to acquire NAVTEQ, a leading provider of comprehensive digital map information for automotive navigation systems, mobile navigation devices, Internet-based mapping applications, and government and business solutions. The acquisition of NAVTEQ is not yet closed. Mobile Phones The following devices were announced during Q3: - Nokia 5310 XpressMusic and Nokia 5610 XpressMusic, both with dedicated music keys, expanded memory, large screens and extended battery performance. - Nokia 6301, a stainless steel device offering consumers seamless voice and data mobility across GSM cellular and WLAN networks via Unlicensed Mobile Access (UMA) technology. - Nokia 6555, the first phone with a unique smooth-back fold design. In the US, the Nokia 6555 is exclusively available from AT&T. - Nokia's Prism collection, comprising the Nokia 7900 Prism and the Nokia 7500 Prism - the latest range of mobile phones aimed at style-conscious consumers. The Prism collection features a diamond-cut design with sharp angled lines, geometric patterns and graphic light-refracting colors. Multimedia - Nokia announced two new Nokia Nseries devices: Nokia N81 8GB, an entertainment focused multimedia computer and Nokia N95 8GB, which follows the success of the original Nokia N95 with a larger display, enhanced usage times and 8 gigabytes of memory capacity. - The Nokia N95 multimedia computer has been voted 'the European Media Phone of the Year 2007-2008' by the European Imaging and Sound Association (EISA), Europe's leading association for consumer electronics. Enterprise Solutions - The Nokia E51 was announced during the third quarter. This stylish dual-mode business smartphone is designed for great cellular performance as well as integration with corporate telephony systems from partners such as Cisco and Alcatel. The device will be featured as part of BT's Corporate Fusion program - Nokia announced Mail for Exchange 2.0 for Nokia Eseries and selected Nokia Nseries devices, providing seamless access to Microsoft Exchange servers from a Nokia device with improved user experience. - Nokia won 10 new Nokia Intellisync wireless email operator accounts worldwide, marking the most contracts signed in any single quarter since the Intellisync acquisition. - Nokia completed a refresh of its security appliance product line with the launch of the Nokia IP2450. This high-performance appliance leverages new Intel technology designed to deliver leading price performance to our enterprise security customers. Nokia Siemens Networks - Nokia Siemens Networks announced it would expand its R&D competence in Chengdu, China and would invest USD 100 million to strengthen operations in India. The company also announced that its Services business unit would be based in India. - Contracts won included a USD 900 million end-to-end network expansion with Bharti Airtel in India; a EUR 180 million GSM/EDGE deal with Henan MCC in China; a multi-vendor IP network maintenance agreement with Deutsche Telekom in Germany; and a EUR 61.5 million 3G network expansion agreement with Taiwan's Chunghwa Telecom. - Nokia Siemens Networks won the first commercial deployment for its I-HSPA solution with TerreStar; made a cooperation deal with Intel in IPTV; and launched a new 3G Femto Home Access solution and then struck Femto cooperation deals with Airvana Inc. and Thomson. - During the quarter Nokia Siemens Networks was the first company to successfully deploy hybrid backhaul in a live network. Hybrid backhaul is aimed at helping operators to reduce costs while boosting capacity. - Nokia Siemens Networks continued to be on track to achieve the earlier announced cost synergy targets, including the planned personnel reductions. - The integration work continues and Nokia Siemens Networks has defined its new values. For more information on the operating highlights mentioned above, please refer to related press announcements, which can be accessed at the following link: http://www.nokia.com/press and http://www.nokiasiemensnetworks.com/press. NOKIA IN THE THIRD QUARTER 2007 (International Financial Reporting Standards (IFRS) comparisons given to the third quarter 2006 results, unless otherwise indicated.) As of April 1, 2007, Nokia results include those of Nokia Siemens Networks on a fully consolidated basis. Nokia Siemens Networks, a company jointly owned by Nokia and Siemens, is comprised of the former Nokia Networks and Siemens' carrier-related operations for fixed and mobile networks. Accordingly, the results of Nokia Group and Nokia Siemens Networks for the third quarter 2007 are not directly comparable to results for the third quarter 2006. Nokia's third quarter 2006 included the former Nokia Networks business group only. Nokia's net sales increased 28% to EUR 12 898 million (EUR 10 100 million). Net sales of Mobile Phones increased 3% to EUR 6 131 million (EUR 5 949 million). Net sales of Multimedia increased 23% to EUR 2 580 million (EUR 2 092 million). Net sales of Enterprise Solutions increased 105% to EUR 526 million (EUR 257 million). Net sales of Nokia Siemens Networks were EUR 3 674 million. Operating profit increased to EUR 1 862 million (EUR 1 100 million), representing an operating margin of 14.4% (10.9%). Operating profit in Mobile Phones increased 78% to EUR 1 388 million (EUR 779 million), representing an operating margin of 22.6% (13.1%). Operating profit in Multimedia increased 57% to EUR 575 million (EUR 366 million), representing an operating margin of 22.3% (17.5%). Enterprise Solutions reported an operating profit of EUR 88 million (operating loss of EUR 65 million), representing an operating margin of 16.7% (-25.3%). Nokia Siemens Networks reported an operating loss of EUR 120 million representing an operating margin of -3.3%. Group Common Functions operating expenses totaled EUR 69 million (operating expenses EUR 111 million). Financial income was EUR 67 million (EUR 34 million). Profit before tax and minority interests was EUR 1 924 million (EUR 1 145 million). Taxes included the positive impact of approximately EUR 70 million due to changes in deferred tax assets due to the decrease in the German statutory tax rate. Net profit totaled EUR 1 563 million (EUR 845 million). Earnings per share increased to EUR 0.40 (basic) and to EUR 0.40 (diluted), compared with EUR 0.21 (basic) and EUR 0.21 (diluted) in the third quarter of 2006. NOKIA IN JANUARY - SEPTEMBER 2007 (International Financial Reporting Standards (IFRS) comparisons given to the January-September 2006 results, unless otherwise indicated.) As of April 1, 2007, Nokia results include those of Nokia Siemens Networks on a fully consolidated basis. Nokia Siemens Networks, a company jointly owned by Nokia and Siemens, is comprised of the former Nokia Networks and Siemens' carrier-related operations for fixed and mobile networks. Accordingly, the results of Nokia Group and Nokia Siemens Networks for the third quarter 2007 are not directly comparable to results for the third quarter 2006. Nokia's third quarter 2006 included the former Nokia Networks business group only. Nokia's net sales increased 20% to EUR 35 341 million (EUR 29 420 million). Net sales of Mobile Phones decreased to EUR 17 645 million (EUR 17 693 million). Net sales of Multimedia increased 31% to EUR 7 512 million (EUR 5 741 million). Net sales of Enterprise Solutions increased 93% and totaled EUR 1 400 million (EUR 726 million). Net sales of Nokia Siemens Networks were EUR 8 810 million. Operating profit increased to EUR 5 493 million (EUR 3 969 million), representing an operating margin of 15.5% (13.5%). Operating profit in Mobile Phones increased 26% to EUR 3 576 million (EUR 2 843 million), representing an operating margin of 20.3% (16.1%). Operating profit in Multimedia increased 57% to EUR 1 560 million (EUR 993 million), representing an operating margin of 20.8% (17.3%). Enterprise Solutions reported an operating profit of EUR 149 million (operating loss of EUR 194 million), representing an operating margin of 10.6% (-26.7%). Operating loss in Nokia Siemens Networks was EUR 1 308 million, representing an operating margin of -14.8 %. Group Common Functions operating profit totaled EUR 1 516 million, including a gain of EUR 1 883 million. In the period from January to September 2007, net financial income was EUR 175 million (EUR 163 million). Profit before tax and minority interests was EUR 5 695 million (EUR 4 155 million). Net profit totaled EUR 5 370 million (EUR 3 033 million). Earnings per share increased to EUR 1.37 (basic) and to EUR 1.36 (diluted), compared with EUR 0.74 (basic) and EUR 0.74 (diluted). PERSONNEL The average number of employees during January-September was 96 495. At September 30, 2007, Nokia employed a total of 112 913 people (68 483 people at December 31, 2006). The increase in personnel at September 30, 2007 is primarily attributable to Nokia Siemens Networks. SHARES The total number of Nokia shares on September 30, 2007 was 3 935 542 025. On September 30, 2007, Nokia and its subsidiary companies owned 101 992 828 Nokia shares, representing approximately 2.6 % of the total number of Nokia shares and the total voting rights. The complete press release with tables is available at: http://www.nokia.com/results/results2007Q3e.pdf FORWARD-LOOKING STATEMENTS It should be noted that certain statements herein which are not historical facts, including, without limitation, those regarding: A) the timing of product, service and solution deliveries; B) our ability to develop, implement and commercialize new products, services, solutions and technologies; C) expectations regarding market growth, developments and structural changes; D) expectations regarding our mobile device volume growth, market share, prices and margins; E) expectations and targets for our results of operations; F) the outcome of pending and threatened litigation; G) expectations regarding the successful completion of contemplated acquisitions on a timely basis and our ability to achieve set targets upon the completion of such acquisitions; and H) statements preceded by "believe," "expect," "anticipate," "foresee," "target," "estimate," "designed," "plans," "will" or similar expressions are forward-looking statements. These statements are based on management's best assumptions and beliefs in light of the information currently available to it. Because they involve risks and uncertainties, actual results may differ materially from the results that we currently expect. Factors that could cause these differences include, but are not limited to: 1) competitiveness of our product portfolio; 2) our ability to identify key market trends and to respond timely and successfully to the needs of our customers; 3) the extent of the growth of the mobile communications industry, as well as the growth and profitability of the new market segments within that industry which we target; 4) the availability of new products and services by network operators and other market participants; 5) our ability to successfully manage costs; 6) the intensity of competition in the mobile communications industry and our ability to maintain or improve our market position and respond successfully to changes in the competitive landscape; 7) the impact of changes in technology and our ability to develop or otherwise acquire complex technologies as required by the market, with full rights needed to use; 8) timely and successful commercialization of complex technologies as new advanced products, services and solutions; 9) our ability to protect the complex technologies, which we or others develop or that we license, from claims that we have infringed third parties' intellectual property rights, as well as our unrestricted use on commercially acceptable terms of certain technologies in our products, services and solution offerings; 10) our ability to protect numerous Nokia patented, standardized, or proprietary technologies from third party infringement or actions to invalidate the intellectual property rights of these technologies; 11) our ability to manage efficiently our manufacturing and logistics, as well as to ensure the quality, safety, security and timely delivery of our products, services and solutions; 12) inventory management risks resulting from shifts in market demand; 13) our ability to source quality components and sub-assemblies without interruption and at acceptable prices; 14) Nokia's and Siemens' ability to successfully integrate the operations, personnel and supporting activities of their respective businesses as a result of the merger of Nokia's networks business and Siemens' carrier-related operations for fixed and mobile networks forming Nokia Siemens Networks; 15) whether, as a result of investigations into alleged violations of law by some current or former employees of Siemens, government authorities or others take actions against Siemens and/or its employees that may involve and affect the carrier-related assets and employees transferred by Siemens to Nokia Siemens Networks, or there may be undetected additional violations that may have occurred prior to the transfer, or ongoing violations that may occur after the transfer, of such assets and employees that could result in additional actions by government authorities; 16) the expense, time, attention and resources of Nokia Siemens Networks and our management to detect, investigate and resolve any situations related to alleged violations of law involving the assets and employees of Siemens carrier-related operations transferred to Nokia Siemens Networks; 17) any impairment of Nokia Siemens Networks customer relationships resulting from the ongoing government investigations involving the Siemens carrier-related operations transferred to Nokia Siemens Networks; 18) developments under large, multi-year contracts or in relation to major customers; 19) general economic conditions globally and, in particular, economic or political turmoil in emerging market countries where we do business; 20) our success in collaboration arrangements relating to development of technologies or new products, services and solutions; 21) the success, financial condition and performance of our collaboration partners, suppliers and customers; 22) any disruption to information technology systems and networks that our operations rely on; 23) exchange rate fluctuations, including, in particular, fluctuations between the euro, which is our reporting currency, and the US dollar, the Chinese yuan, the UK pound sterling and the Japanese yen, as well as certain other currencies; 24) the management of our customer financing exposure; 25) allegations of possible health risks from electromagnetic fields generated by base stations and mobile devices and lawsuits related to them, regardless of merit; 26) unfavorable outcome of litigations; 27) our ability to recruit, retain and develop appropriately skilled employees; and 28) the impact of changes in government policies, laws or regulations; as well as the risk factors specified on pages 12-24 of Nokia's annual report on Form 20-F for the year ended December 31, 2006 under "Item 3.D Risk Factors." Other unknown or unpredictable factors or underlying assumptions subsequently proving to be incorrect could cause actual results to differ materially from those in the forward-looking statements. Nokia does not undertake any obligation to update publicly or revise forward-looking statements, whether as a result of new information, future events or otherwise, except to the extent legally required. Nokia, Helsinki - October 18, 2007 Media and Investor Contacts: Corporate Communications, tel. +358 7180 34495 or +358 7180 34900 Investor Relations Europe, tel. +358 7180 34289 Investor Relations US, tel. +1 914 368 0555 - Nokia plans to report its Q4 and full year 2007 results on January 24, 2008 - The Annual General Meeting is scheduled to be held on May 8, 2008 www.nokia.com --- End of Message --- NOKIA P.O. Box 226<br>FIN-00045 NOKIA GROUP Espoo WKN: 870737; ISIN: FI0009000681; Index: DJ STOXX Large 200, DJ STOXX 50; Listed: Nordic list (Large Cap) in THE HELSINKI STOCK EXCHANGE;


 

Fortis today announced that the EUR 10,000,000,000 revolving credit facility has successfully closed on a club deal basis with Dresdner Bank AG, Niederlassung Luxemburg, ING Bank Wholesale Banking, Mediobanca - Banca di Credito Finanziario S.p.A., Coöperative Centrale Raiffeisen Boerenleenbank B.A. and Société Générale Corporate and Investment Banking. The Facility will be used towards financing part of the consideration payable by RFS Holdings B.V. in connection with the offer for ABN AMRO. Dresdner Bank AG, Niederlassung Luxemburg is the Facility Agent. Pricing details are not disclosed. Fortis is an international financial services provider engaged in banking and insurance. We offer our personal, business and institutional customers a comprehensive package of products and services through our own channels, in collaboration with intermediaries and through other distribution partners. With a market capitalisation of EUR 50.9 billion (15/10/2007), Fortis ranks among the 15 largest financial institutions in Europe. Our sound solvency position, our presence in over 50 countries and our dedicated, professional workforce of 60,000 enable us to combine global strength with local flexibility and provide our clients with optimum support. More information is available at www.fortis.com. Press Offices Brussels +32 (0)2 565 35 84 Utrecht +31 (0)30 226 32 19 Investor Relations Brussels +32 (0)2 565 53 78 Utrecht +31 (0)30 226 65 66


 

CITYCON Oyj Stock Exchange Release 18 October 2007 at 12.20 hrs Summary of the Third Quarter Compared with the Second Quarter - Net rental income increased in the third quarter to EUR 27.3 million (EUR 25.8 million in Q2) - Citycon's earnings per share came to EUR 0.12 (EUR 0.70). Earnings per share exclusive of changes in fair value remained the same at EUR 0.04 (EUR 0.04). - The fair value of the investment properties increased by EUR 21.1 million (EUR 160.1 million) to EUR 2,191.2 million (EUR 1,799.2 million), mainly due to improved net rental income and successful redevelopment projects. - During the period, Citycon acquired Iso Omena shopping centre in Espoo. To finance the transaction, Citycon signed a bridge financing facility of EUR 300 million with a Nordic banking group and executed a rights issue for total proceeds of EUR 99 million between 19 September and 3 October. The proceeds of the rights issue were used to repay a part of the bridge financing facility. - Financial expenses increased due to higher level of interest bearing debt and a negative non-cash valuation result for the quarter of EUR -1,4 million (0.1 million) relating to interest rate derivative contracts, which was due to reduction of long-term interest rates during the quarter. The year-to-date average interest rate rose only by 0.01 per cent during third quarter. - The acquisition of shopping centre Magistral in Tallinn was completed on 16 July 2007. - As of the beginning of July, Citycon belongs to large-cap companies on the OMX Nordic Exchange. Summary of the Reporting Period 1 January-30 September 2007 - Turnover increased by 25.2 per cent, to EUR 108.1 million (Q1-Q3/2006: EUR 86.4 million), due mainly to property acquisitions resulting in an increase in leasable premises. - Profit before taxes amounted to EUR 243.5 million (EUR 131.9 million), including a EUR 212.7 million (EUR 97.0 million) increase in the fair value of investment properties. - Citycon's net rental income increased by 25.9 per cent in the reporting period, to EUR 76.3 million (EUR 60.6 million). Net rental income for like-for-like properties rose by 9.1 per cent. - Earnings per share were EUR 1.01 (EUR 0.64). - Earnings per share (basic), excluding the effects of changes in fair value, gains on sale and other extraordinary items were EUR 0.12 (EUR 0.15) The reduction was mainly due to increase in net financial expenses, increased development activities and costs related to expanded business operations, divestment of non-core properties and higher number of shares. - Net cash flow from operating activities per share amounted to EUR 0.14 (EUR 0.14). - Net asset value per share (EPRA NAV) grew to EUR 4.94 (EUR 3.42). - The equity ratio was 41.2 per cent (36.2 %). - According to an external appraiser, the average net yield requirement for investment properties was 5.7 per cent at the end of the reporting period. - In addition to Iso Omena and Magistral referred to above, acquisitions during the period included Tumba Centrum, Strömpilen and Länken in Sweden. More details on the acquisitions during the period are available in the table Property Acquisitions. - In February, the company carried out a directed share issue worth EUR 133.8 million by issuing 25,000,000 new shares. - During the period, the company decided to initiate development projects in Estonia and Sweden for an estimated total value of EUR 178 million. Lippulaiva shopping centre development project in Espoo will now be continued according to plan as the zoning appeal regarding the shopping centre's expansion was dismissed by the Supreme Administrative Court. CEO Petri Olkinuora: "Citycon continued to implement its growth strategy through continuous redevelopment of its properties and proactive management of its retail properties, reporting strong growth in like-for-like net rental income in the reporting period, and improved occupancy rate compared to the previous quarter. For its long-term success, the company perceives cash flow as a key measure. During the reporting period, Citycon acquired shopping centre Iso Omena in Espoo. Iso Omena is a first-class centre with further opportunities for expansion and refurbishment. Iso Omena is located in the affluent western part of the Helsinki Metropolitan Area, where the company from previously holds several retail properties. The acquisition offers Citycon a unique opportunity to develop the area's shopping centres as a whole, and to increase the company's market share in the growing metropolitan retail trade. In addition to these major acquisitions, the focus of Citycon's strategy is on the company's existing shopping centre portfolio and its continuous development and redevelopment. During the reporting period, development and redevelopment projects progressed according to plan in Estonia, Sweden and Finland. The company aims to make its shopping centres more attractive and pleasant to visit. I would also like to take an opportunity and thank our shareholders for the support of the rights issue that was fully subscribed for." Outlook Citycon expects the development and redevelopment projects to play a central role in its business. The company will remain active in seeking acquisition and development opportunities while implementing its expansion strategy. Citycon estimates that its operating profit, excluding fair value changes and gains on sale of investment properties, will grow in 2007. This outlook is based on the company's focus on the growth in leasable area and therefore in rental income. Helsinki, 18 October 2007 Citycon Oyj Board of Directors The entire report with tables in pdf-format can be downloaded from the link below. Full-year results 2007 Citycon will publish its full-year financial results for the financial year 2007 on Thursday, 14 February 2008, at around noon. For further information for investors, please visit Citycon's website, www.citycon.fi. For further information, please contact: Mr Petri Olkinuora, CEO Tel.: +358 9 6803 6738 or +358 400 333 256 petri.olkinuora@citycon.fi Mr Eero Sihvonen, CFO Tel.: +358 50 557 9137 eero.sihvonen@citycon.fi Distribution: OMX Nordic Exchange Helsinki Major media www.citycon.fi


 

Cargotec Corporation, Stock Exchange Release, October 18, 2007 at 12:00 p.m. Finnish time * Orders received during January-September 2007 totalled EUR 2,892 (1-9/2006: 2,194) million. During the third quarter, orders received were record strong at EUR 1,028 (7-9/2006: 603) million. * The order book continued to grow and totalled EUR 2,552 (December 31, 2006: 1,621) million on September 30, 2007. * Sales grew in January-September by 13 percent and amounted to EUR 2,151 (1-9/2006: 1,900) million. Half of this growth was organic. During the third quarter, sales were EUR 713 (7-9/2006: 625) million. * Cargotec completed 14 acquisitions during January-September. * Operating profit was EUR 156.6 (1-9/2006: 181.9) million. The comparison period includes a EUR 17.9 million capital gain from divestment of property. Operating profit from operations in the third quarter was EUR 52.5 (7-9/2006: 52.1) million. * Cash flow from operating activities before financial items and taxes totalled EUR 138.8 (1-9/2006: 178.8) million. * Net income for the reporting period was EUR 109.5 (1-9/2006: 126.8) million. * Earnings per share were EUR 1.72 (1-9/2006: 1.97) with EUR 0.55 (7-9/2006: 0.81) attributable to the third quarter. * The number of personnel at the end of the reporting period was 11,081 (September 30, 2006: 8,313). Acquisitions completed during the reporting period increased the number of personnel by close to 1,900 people. * General market activity is expected to continue healthy with the exception of the U.S. load handling market. In accordance with its plans, Cargotec continues growth and efficiency related investments, which burden the 2007 result. Thanks to the record value of orders received so far in the year the estimate for full year 2007 order intake growth has been raised to close to 30 percent. The sales growth estimate for 2007 is unchanged at approximately 15 percent, which implies strong sales growth for the final quarter. Due to the growth operating profit in euros will improve from the previous quarters. Operating profit margin for the final quarter is estimated to remain at the third quarter level. Cargotec's President and CEO Mikael Mäkinen: "The value of orders received during the third quarter exceeded a record level of 1 billion euros. It is a signal on one hand of healthy market activity and on another hand of our success in product development and in expansion of our global market presence. We continue our investments in strengthening Cargotec's presence and market position also the remainder of the year. I am especially pleased with the strong sales growth in Asia as well as the healthy order intake in our offshore division acquired in spring. Despite the current weak demand for load handling equipment in the U.S. we believe also that market longer term offers us significant growth opportunities." Analyst and Press Conference: The analyst and press conference hosted at Cargotec's head office, Sörnäisten rantatie 23, Helsinki, will be combined with a live international telephone conference on October 18, 2007 at 2:00 p.m. Finnish time. The whole combined event will be in English. The presentation material will be available on the Company's internet pages by 2:00 p.m. Finnish time. The conference call phone numbers are the following: +1 866 966 5335 (if calling from the U.S.) +44 20 3023 4412 (if calling from rest of world) The conference can also be viewed as a live audio webcast through the internet pages at www.cargotec.com starting at 2:00 p.m. Finnish time. The archived webcast will be available on the internet pages later the same day. Sender: Cargotec Corporation Kari Heinistö Senior Executive Vice President and CFO Eeva Mäkelä SVP, Investor Relations and Communications For further information, please contact: Kari Heinistö, Senior Executive Vice President and CFO, tel. +358 204 55 4256 Eeva Mäkelä, SVP, Investor Relations and Communications, tel. +358 204 55 4281 Cargotec is the world's leading provider of cargo handling solutions whose products are used in the different stages of material flow in ships, ports, terminals, distribution centers and local transportation. Cargotec Corporation's brands, Hiab, Kalmar and MacGREGOR, are market leaders in their fields and well-known among customers all over the world. Cargotec's sales are EUR 2.8 billion. The company employs over 11,000 people and operates in close to 160 countries. Cargotec's class B shares are quoted on the Nordic Exchange, Helsinki. www.cargotec.com Operating Environment Demand for Hiab's load handling equipment remained very buoyant in Europe and Asia Pacific in July-September. Markets grew, particularly in Central Eastern Europe, Russia and China driven by growing demand for equipment from the construction, transport and recycling industries. The U.S. markets remained weak, with new truck registrations clearly below their 2006 levels and no signs of recovery in demand from the construction industry, which declined in the late spring. This market decline affected particularly demand for Hiab's truck-mounted forklifts, tail lifts and loader cranes. Demand for Kalmar's container handling equipment was healthy. In particular, demand for reachstackers, rubber-tired gantry (RTG) cranes and empty container handlers was clearly higher year on year. Kalmar has been able to significantly improve its market position in RTGs globally. Demand for straddle carriers continued healthy although the overall market is not at the strong level of 2006. Demand for heavy industrial handling equipment continued to be lively in Europe and stable elsewhere. Demand for MacGREGOR's marine cargo flow systems and offshore solutions continued very high in the third quarter. The increasing number of new vessel orders in shipyards around the world boosted demand for MacGREGOR's solutions. The markets for ship cranes, hatch covers and offshore solutions were strong. With respect to RoRo equipment for PCTCs (pure car and truck carriers), the markets remained strong while those for bulk handling equipment strengthened in Asia Pacific. Demand for services developed positively during the reporting period. In Europe, there was strong demand for load handling services due to the increased number of installed equipment and high utilisation rates. In U.S. demand for load handling services weakened from the previous year. The market for container handling services continued healthy in Europe and stable elsewhere in the world. Demand for marine services remained at a healthy level in Europe and Asia. The increasing number of vessels to be delivered is positively influencing the market for services. Orders Received Orders received by Cargotec in January-September totalled EUR 2,892 (1-9/2006: 2,194) million. The value of the orders secured during the third quarter was record high at EUR 1,028 (7-9/2006: 603) million. The high value of orders received is especially due to orders for long ship series received by MacGREGOR, the deliveries of which extend for a period of several years. Orders received, MEUR 1-9/2007 1-9/2006 1-12/2006 Hiab 731 706 946 Kalmar 1,083 955 1,282 MacGREGOR 1,080 535 684 Internal orders received -3 -2 -2 Total 2,892 2,194 2,910 Hiab Of all the orders received in January-September 2007, Hiab accounted for EUR 731 (1-9/2006: 706) million. The orders received in July-September totalled EUR 223 (7-9/2006: 207) million. In the third quarter, Hiab received numerous small orders. During the reporting period Hiab received among others orders for cranes suitable for defence use from China and the United States. Furthermore, Hiab received a significant order for 45 loader cranes which will be delivered to Mexico. In July, Hiab and SAWO, Hiab's importer in Denmark, secured an order for 133 hooklifts and 22 loader cranes from the truck manufacturer, MAN. The hooklifts and loader cranes to be supplied to the Danish Army will be installed by SAWO. The deliveries will start in 2007 and continue into 2008. The order value will be booked evenly over the duration of the contract. Kalmar Of all the orders received in January-September 2007, Kalmar accounted for EUR 1,083 (1-9/2006: 955) million. The orders received in July-September totalled EUR 324 (7-9/2006: 258) million. In August, Kalmar received an order for 10 E-One RTGs from Saigon Newport (SNP) of Vietnam. The environmentally friendly E-One RTGs will be equipped with the Smartpath® container position verification system and delivered during the autumn of 2008 to SNP's container terminal. This order is a continuation of an order placed by SNP in May for 10 E-One RTGs. In August, Kalmar also received an order for 30 straddle carriers from the Italian company, Medcenter Container Terminal SpA (MCT). The straddle carriers will be delivered in 2007-2008 to MCT's terminal in Gioia Tauro in Southern Italy. In June, Kalmar received significant straddle carrier orders from German MSC Bremerhaven and Australian Patrick Corporation. In 2007-2008 10 straddle carriers will be delivered to MSC Bremerhaven and 15 straddle carriers to Patrick Corporation to the ports of Melbourne and Sidney. In June, Tangier Medgate S.A. ordered 11 E-One RTGs from Kalmar. The equipment will be delivered during the first half of 2008 to the port of Tangier Mediterranean in Morocco. The RTGs will be fitted with twin-lift spreaders and the Smartrail® automatic steering and container position verification system. In March, Kalmar signed a contract with the DP World port operator regarding deliveries of 84 terminal tractors to the Jebel Ali port near the city of Dubai. In January, Kalmar signed a contract for the delivery of 12 E-One RTGs to the Brazilian company, Santos Brasil S/A. The RTGs will be fitted with the Smartrail® automatic steering and container position verification system developed by Kalmar and delivered to the port of Santos at the turn of 2007/2008. MacGREGOR Of all the orders received in January-September 2007, MacGREGOR accounted for EUR 1,080 (1-9/2006: 535) million. The orders received in July-September totalled a record high level of EUR 483 (7-9/2006: 139) million. In the third quarter of 2007, MacGREGOR received a large number of ship crane orders from China, with Shanghai Shipyard ordering 32 ship cranes to be delivered in 2009-2011 and the Yangzijiang Shipyard ordering 88 ship cranes for bulk, general cargo and container vessels. 48 ship cranes will also be delivered to the Wenchong Shipyard in 2008-2012. Furthermore, 40 ship cranes and hatch covers will be delivered during 2009-2010 to ten general cargo vessels ordered from China by the German ship owner Herman Buss. In September, MacGREGOR also secured a RoRo equipment order from the Korean shipyard, Hyundai Mipo. The equipment, which includes different kinds of ramps, hoistable cardecks and doors, will be delivered during 2009-2011. In August and September, MacGREGOR received significant offshore equipment orders from China, Europe, the USA, Canada, Malaysia and India. The equipment, which includes, for example, mooring winches, knuckle boom offshore cranes and deck machinery equipment, will be delivered during 2008-2010. MacGREGOR secured a large number of ship crane orders also in the second quarter. A total of 318 ship cranes were ordered to China, India and Taiwan for delivery in 2008-2011. In June, the company received an order for hatch covers and 16 ship cranes from the Chinese shipyard, COSCO Dalian. The equipment will be delivered in 2008-2009. In May, MacGREGOR received an order for four ship board twin cranes from the Polish-Chinese shipowner, Chipolbrok. The units, the largest of their kind in the world, will be delivered in 2007-2008. In June, the company signed a contract on the delivery of RoRo equipment for 15 vessels under construction in Korea. The equipment will be delivered in 2008-2010. In March, the RoRo division also secured contracts from several shipyards in Germany, Japan and Croatia. Cargotec Services Cargotec strengthened its services operations during the reporting period by a new Cargotec Services operating model. The aim is to speed up services growth by better focusing resources and service knowhow between Cargotec's business areas. The majority of the services business within Hiab, Kalmar and MacGREGOR will organizationally continue as earlier. Cooperation in service concept development, spare parts sales and training of service people will be strengthened by a matrix organization, where Cargotec Services acts as an internal centre of expertise. Special focus in the operating model will be put on total maintenance of container and bulk terminals as well as significant refurbishment and conversion projects. Harald de Graaf, member of Cargotec's Executive Board, is President of the Cargotec Services. In September, the Norwegian company Fred Olsen Marine Services contracted MacGREGOR to modernise the valve system of the world's largest tanker. MacGREGOR's Service division will upgrade the remote controlled valve system and provide crew training in its operation. In the second quarter, MacGREGOR signed a three-year maintenance agreement with the Italian company, Grimaldi Group. The agreement covers the maintenance of MacGREGOR RoRo equipment on board 26 of Grimaldi's RoRo vessels. During the first quarter of 2007, Kalmar signed long-term agreements covering the rental, servicing and customer financing of its equipment in Sweden with Setra Group and Wallhamn AB, Sweden's largest private port. Kalmar will rent, maintain and finance 31 forklift trucks that will be delivered to 12 of Setra's sawmills in the spring of 2007. The agreement with Wallhamn AB consists of the lease of several units of Kalmar container handling equipment. In the same connection, the parties agreed on the maintenance of Kalmar and other suppliers' equipment. Order Book Cargotec's order book totalled EUR 2,552 (December 31, 2006: 1,621) million on September 30, 2007. Of the order book, Hiab accounted for EUR 255 (215) million, Kalmar EUR 684 (593) million, and MacGREGOR EUR 1,614 (813) million. A considerable part of MacGREGOR's order book is for delivery in 2008-2012. Order book, MEUR 30.9.2007 30.9.2006 31.12.2006 Hiab 255 215 215 Kalmar 684 581 593 MacGREGOR 1,614 798 813 Total 2,552 1,594 1,621 Sales Cargotec's sales grew in January-September by 13 percent and totalled EUR 2,151 (1-9/2006: 1,900) million. Half of the growth was organic. The sales impact of acquisitions completed in the past 12 months was approximately EUR 130 million in January-September 2007. Despite the continued tight component situation, Cargotec's business areas have succeeded in achieving the targeted growth in assembly capacity. However, the strong demand for trucks in Europe has resulted in delivery times for trucks lengthening considerably, which in turn delays installation schedules. This has an adverse effect on the delivery time of Hiab's products to end customers and limits Hiab's sales growth. Cargotec's sales for July-September 2007 amounted to EUR 713 (7-9/2006: 625) million. Hiab's sales in the third quarter amounted to EUR 202 (7-9/2006: 208) million, Kalmar's sales were EUR 326 (290) million and MacGREGOR's sales EUR 187 (127) million. Sales, MEUR 1-9/2007 1-9/2006 1-12/2006 Hiab 687 675 914 Kalmar 979 883 1,203 MacGREGOR 487 344 482 Internal sales -2 -1 -2 Total 2,151 1,900 2,597 Sales for services increased by 28 percent on the corresponding period in 2006 and amounted to EUR 537 (1-9/2006: 418) million, which is 25 (22) percent of total sales. Services accounted for 16 (1-9/2006: 15) percent of sales at Hiab, 30 (26) percent at Kalmar, and 27 (27) percent at MacGREGOR in January-September 2007. Financial Result Cargotec's operating profit from operations for January-September 2007 was EUR 156.6 (1-9/2006: 164.0) million, representing 7.3 (8.6) percent of sales. Operating profit from operations for the third quarter was EUR 52.5 (7-9/2006: 52.1) million, equal to 7.4 (8.3) percent of sales. Hiab accounted for EUR 13.7 (17.4) million of third quarter operating profit from operations, Kalmar for EUR 27.8 (27.5) million, and MacGREGOR for EUR 15.0 (9.9) million. Hiab's result was weakened by a significant underutilisation of capacity resulting from the weak demand situation in the U.S. In Europe, profitability during the year has improved but the July-September result was affected by the holiday season. Kalmar continued to make product development investments according to plan, which affected the result compared to the previous year. However, compared to the second quarter, Kalmar's profitability clearly improved during the third quarter. MacGREGOR's offshore division result in the third quarter was burdened less than anticipated by the cost impact of the purchase price allocation treatment. Operating profit for January-September includes a EUR 4.6 (1-9/2006: 1.8) million cost impact from the purchase price allocation treatment of acquisitions, with EUR 2.2 (7-9/2006: 0.9) million attributable to the third quarter. The full year estimate on the cost impact of the allocation treatment on Cargotec's operating profit remains at approximately EUR 10 million. Operating profit during the reporting period was EUR 156.6 (1-9/2006: 181.9) million. The comparison period includes a EUR 17.9 million capital gain from divestment of property. Net income for the period was EUR 109.5 (1-9/2006: 126.8) million and earnings per share were EUR 1.72 (1.97). Balance Sheet, Financing and Cash Flow On September 30, 2007, Cargotec's net working capital amounted to EUR 249 (December 31, 2006: 209) million. Tangible assets on the balance sheet were EUR 255 (218) million and intangible assets EUR 755 (581) million. Cash flow from operating activities before financial items and taxes for January-September 2007 totalled EUR 138.8 (1-9/2006: 178.8) million and that for July-September EUR 55.5 (7-9/2006: 65.8) million. Net debt on September 30, 2007 was EUR 365 (December 31, 2006: 107) million. Total equity/total assets ratio was 40.2 (47.6) percent while gearing was 41.6 (12.3) percent. The purchase of own shares during the third quarter for close to EUR 40 million raised gearing. Cargotec had EUR 467 million of committed credit facilities on September 30, 2007. These facilities were unused. The EUR 225 million (USD 300 million) Private Placement placed in December 2006 with U.S. institutional investors was funded in February 2007. 14 U.S. institutional investors participated in the transaction. The placement has been hedged through Cross Currency and Interest Rate Swaps into a fixed interest rate euro loan. Its interest rate varies between 4.525 and 4.756 percent depending on the maturity, which varies between 7 and 12 years. New Products and Product Development In January-September 2007, Cargotec's research and product development expenditure was EUR 33.2 (1-9/2006: 22.1) million, representing 1.5 (1.2) percent of sales. During the reporting period, Hiab introduced two new loader crane models. The HIAB XS 211 loader crane complements the mid-sized loader crane range, for which demand is highest in most markets. The company also introduced the HIAB XS 1055, the largest Hiab loader crane by capacity, which provides users with the longest reach and highest lifting capacity delivered by any HIAB crane in the marketplace today. Kalmar continued the development of large cranes and automation solutions. The acquisition of the Dutch ACT B.V. strengthened Kalmar's software knowhow, technology base and resources considerably. Work continues to develop environmentally friendly hybrid solutions in a second two-year terminal tractor development project, which is run together with the U.S. Environmental Protection Agency in the ports of New York and New Jersey. MacGREGOR introduced in the third quarter a new lift-away, multi-panel hatch cover model enabling the user to lift five hatch covers at a time, instead of lifting them one by one. Furthermore, the company continued the joint product development of its RoRo and offshore solutions. Capital Expenditure Cargotec's capital expenditure for January-September, excluding acquisitions and customer financing, totalled EUR 38.0 (1-9/2006: 30.8) million. Customer financing investments were EUR 23.5 (14.5) million. Hiab has decided to combine its loader crane and forestry crane product lines as of January 2008. This organisational change will improve and strengthen the use of shared resources in crane product development, manufacturing and marketing. The Crane product line comprises the manufacturing of loader cranes, forestry cranes and recycling cranes in five production units in Europe and Asia. Hiab has adapted the operations of its load handling equipment production units in the United States and Ireland due to weakened demand in the U.S. markets. During the third quarter, MacGREGOR continued to develop new cooperation partners to meet the significant growth in its ship crane order book. Building work for a hatch cover production facility is ongoing in Nantong, China together with a local partner. Acquisitions Cargotec completed 14 acquisitions in January-September 2007. In February, a contract was signed to acquire the Indian company, Indital Construction Machinery Ltd. The acquisition was finalised in April and gives Cargotec a manufacturing presence in India while supporting the sales activities of all three of Cargotec's business areas in the region. Cargotec has a 95 percent holding in Indital. As part of strengthening Cargotec's presence in India Kalmar bought the remaining shares (49 percent) in Kalmar India in September 2007. In December 2006, Cargotec announced its plan to acquire the Italian company, CVS Ferrari. The German competition authority announced in August 2007 that it had ruled against the acquisition on the basis of it being anticompetitive. Cargotec is investigating the opportunity to appeal the decision. Hiab's Acquisitions In July, Hiab signed an agreement to acquire a service company in Florida, USA. Bay Equipment Repairs Inc. is a long-term service partner of Hiab, and most of its customers are Hiab customers. Bay Equipment Repairs had sales of approximately EUR 1 million in 2006 and the company employs 13 persons. In May, Hiab signed a contract to acquire the Estonian company, Balti ES, which manufactures steel structures and components. Balti ES employs approximately 600 people and posted sales of approximately EUR 14 million in 2006. Finalised in June, the acquisition supports both Hiab's and Kalmar's increasing demand for components. In January, Hiab signed an agreement of intent to acquire the sales, service and installation units of its current distributor, Berger, in the Czech Republic, Slovakia, Hungary and Croatia. The acquisition was finalised in May. The annual sales of the acquired operations are approximately EUR 16 million, and the units employ approximately 75 people. In January, a contract was signed to acquire a majority holding in BG Crane Pty. Ltd., the Australian importer of Hiab equipment, previously an associated company. The deal was finalised in February. The company employs approximately 100 people and had sales of approximately EUR 20 million in 2006. Kalmar's Acquisitions In August, Kalmar made an agreement to acquire Advanced Cargo Transshipment B.V. (ACT), an automation and software producer based in the Netherlands. The acquisition will increase Kalmar's resources in automated port terminal R&D. ACT specialises in developing and marketing equipment navigation control and terminal operation control hardware and software. In April, Kalmar signed a contract to acquire the remaining minority share in Kalmar Asia Pacific Ltd. Kalmar now fully owns the company. In February, Kalmar acquired the U.S. based service company Port Equipment Service, Inc. (PES). PES employs 56 people and had sales of approximately EUR 4 million in 2006. This acquisition strengthened Kalmar's service business, particularly in ports and railroad terminals on the U.S. East Coast. In January, Kalmar acquired the Slovenian service company, Tagros d.o.o. Tagros services container handling equipment and forklifts. This acquisition is enabling Kalmar to build up its service and sales activities in Slovenia and the Northern Balkan Peninsula. Tagros employs approximately 35 people and had sales of approximately EUR 2 million in 2006. In January, the company also agreed to acquire Truck och Maskin i Örnsköldsvik AB in Northern Sweden. The acquisition was finalised in February and has strengthened Kalmar's sales and service network for industrial customers in the wood handling segment. Truck och Maskin employs approximately 100 people and had sales of approximately EUR 14 million in the accounting period that ended on April 30, 2006. In December 2006, a contract was signed to acquire Kalmar's Spanish distributor, Kalmar Espana. The acquisition was finalised in April. MacGREGOR's Acquisitions During the first half of the year, MacGREGOR expanded its operations into the offshore segment. In March, MacGREGOR agreed to acquire Norwegian Hydramarine AS and Singaporean Plimsoll Corporation Pte Ltd. The acquisitions were finalised in April. Hydramarine specialises in the development of sub sea load handling equipment such as cranes. In 2006, Hydramarine had sales of EUR 63 million and employed 150 people. Plimsoll Corporation Pte Ltd is the leading supplier of equipment for oil drilling and gas vessels and other types of ships in the Asia Pacific region. Plimsoll's sales in 2006 totalled approximately EUR 43 million. The company employs approximately 600 people. MacGREGOR acquired 90 percent of both Hydramarine and Plimsoll with the remaining shares being owned by the employees. In June, MacGREGOR established a new division, MacGREGOR Offshore. The division consists of Hydramarine and Plimsoll and concentrates on achieving synergy benefits and expanding the business. The new division employs more than 700 people. In May, a contract was signed to acquire Vestnorsk Hydraulikkservice AS (VNH) of Norway. VNH specialises in the maintenance of hydraulic systems and turnkey deliveries of offshore solutions for oil drilling support vessels and other types of ships. VNH's sales amount to approximately EUR 5 million. The company employs 21 people. The acquisition was finalised in June. Personnel At the end of the reporting period, Cargotec employed 11,081 (September 30, 2006: 8,313) people. Acquisitions during the period increased the number of personnel by close to 1,900 people. Hiab employed 4,405 (3,615) people, Kalmar 4,431 (3,543) and MacGREGOR 2,162 (1,109). Of Cargotec's total employees, 14 percent were located in Finland, 22 percent in Sweden and 30 percent in the rest of Europe. North and South American personnel represented 11 percent, Asia Pacific 22 percent and the rest of the world 1 percent of total employees. Shares and Stock Options Cargotec's share capital on September 30, 2007 was EUR 64,137,138 (December 31, 2006: 64,046,460). The share capital was increased during the reporting period through stock options. On September 30, 2007, the number of Cargotec's listed class B shares totalled 54,611,049 while that of its unlisted class A shares totalled 9,526,089. The remaining 2005A and 2005B stock options may be used to subscribe for a further 271,872 class B shares, thereby increasing the share capital by EUR 271,872. Of that amount a total of 2,850 class B shares were subscribed in September 2007 which will be entered into the Finnish Trade Register by October 31, 2007. During January-September 2007, the trading volume of Cargotec class B shares totalled around 51 million at a total value of approximately EUR 2,167 million. The closing price for class B shares on September 30, 2007 was EUR 34.46. The highest price during the reporting period was EUR 49.83 and the lowest EUR 33.15. The market capitalisation, with the unlisted class A shares valued at the average price of the class B shares on the last day of the period, amounted to EUR 2,151 million, excluding class B treasury shares held by the company. Shares directly or indirectly owned by Cargotec's Executive Board members has increased during the year. As of September 30, 2007 the Executive Board owned 136,314 class B shares, which represent 0.2 percent of the shares of the company. Cargotec's Financial Targets and Incentive Program for Key Managers In January, Cargotec published its new financial targets and a share-based incentive program for the key managers for the years 2007-2011. The purpose of the program encouraging share ownership is to align the interests of key managers to Cargotec's strategy and financial targets as well as contribute to making them long-term shareholders of the company. The incentive program covers some 60 individuals. The program offers key managers a possibility to earn a reward in Cargotec class B shares based on accomplishment of set targets. Cargotec's financial targets are the following: annual net sales growth exceeding 10 percent (incl. acquisitions), raising the operating profit margin to 10 percent, and maintaining the gearing below 50 percent. The targets have been set for the years 2007-2011. The incentive program consists of four earnings periods, of which the first is two years and the following three periods one year each. The Board of Directors decides on the target group of the earnings period and their maximum reward at the beginning of each earnings period. Potential rewards from the incentive program during 2007-2011 are based on achievement of five-year net sales and operating profit targets as defined in Cargotec's strategy. The rewards will be paid during 2009-2012 in both class B shares and cash. The cash portion is dedicated to cover possible taxes and tax-related payments resulting from the reward. The shares distributed as reward will contain a prohibition to hand over or sell the shares within one year of the end of an earnings period with the exception of the final earnings period when no prohibitions are included. The maximum amount to be paid out as shares is 387,500 class B shares currently held by the company as treasury shares. Changes in Cargotec's Executive Board Pekka Vauramo, M.Sc. (Eng.) was appointed Kalmar's President as of October 1, 2007. Vauramo started at Cargotec on September 1, 2007. Kalmar's previous President Christer Granskog will retire by the end of 2007 in accordance with his service contract. Decisions Taken at Cargotec Corporation's Annual General Meeting Cargotec Corporation's Annual General Meeting was held on February 26, 2007 in Helsinki. The meeting approved the financial statements and consolidated financial statements. The meeting granted discharge from liability to the President and CEO and the members of the Board of Directors for the accounting period January 1-December 31, 2006. The Annual General Meeting approved the Board's proposal of a dividend of EUR 0.99 for each of the 9,526,089 class A shares and EUR 1.00 for the 53,815,646 outstanding class B shares. The meeting also approved the remuneration of the Board members as well as that of the auditors. The number of members of the Board of Directors was confirmed at six according to the proposal of Cargotec's Nomination and Compensation Committee. Carl-Gustaf Bergström, Henrik Ehrnrooth, Tapio Hakakari, Ilkka Herlin, Peter Immonen and Karri Kaitue were re-elected as members of the Board of Directors. Authorized public accountants Johan Kronberg and PricewaterhouseCoopers Oy were elected as auditors according to the proposal of the Audit Committee of Cargotec Corporation's Board of Directors. Authorizations Granted by the Annual General Meeting The Annual General Meeting authorized the Board of Directors of Cargotec to decide to repurchase the Company's own shares with assets distributable as profit. The shares may be repurchased in order to develop the capital structure of the Company, finance or carry out possible acquisitions, implement the Company's share-based incentive plans, or to be transferred for other purposes or to be cancelled. Altogether no more than 6,400,000 own shares may be repurchased, of which no more than 952,000 are class A shares and 5,448,000 are class B shares. The above-mentioned amounts include the 704,725 class B shares already in the Company's possession. This authorization remains in effect for a period of 18 months from the date of decision of the Annual General Meeting. In addition, the Annual General Meeting authorized the Board of Directors to decide on the distribution of any shares repurchased. The Board of Directors is authorized to decide to whom and in which order the shares will be distributed. The Board of Directors may decide on the distribution of repurchased shares otherwise than in proportion to the existing pre-emptive right of shareholders to purchase the Company's own shares. The shares may be used as compensation in acquisitions and in other arrangements as well as to implement the Company's share-based incentive plans in the manner and to the extent decided by the Board of Directors. The Board of Directors has also the right to decide on the distribution of the shares in public trading at the Helsinki Stock Exchange to be used as compensation in possible acquisitions. This authorization remains in effect for a period of 18 months from the date of decision of the Annual General Meeting. Organization of the Board of Directors In its organizing meeting Cargotec's Board of Directors elected Ilkka Herlin to continue as Chairman of the Board and Henrik Ehrnrooth to continue as Deputy Chairman. Cargotec's Senior Executive Vice President and CFO Kari Heinistö continues to act as secretary to the Board of Directors. The Board of Directors re-elected among its members Ilkka Herlin, Peter Immonen and Karri Kaitue as members of the Audit Committee. Karri Kaitue was elected to continue as Chairman of the Audit Committee. Board members Carl-Gustaf Bergström, Tapio Hakakari, Ilkka Herlin and Peter Immonen were re-elected to the Nomination and Compensation Committee. Ilkka Herlin was elected to continue as chairman of the Nomination and Compensation Committee. Board members Tapio Hakakari, Ilkka Herlin and Peter Immonen were elected to the Working Committee. The Board elected Ilkka Herlin as chairman of the Working Committee. Share Repurchases Cargotec's Board of Directors decided to exercise the authorization of the Annual General Meeting to repurchase the Company's own shares. The maximum amount of repurchased own shares will be less than 10 percent of the Company's share capital and total voting rights. Class B shares will be purchased at public trading in the Helsinki Stock Exchange at the market price. Class A shares will be purchased outside the Stock Exchange at the price equivalent to the average price of class B shares paid in the Helsinki Stock Exchange on the purchase date. Share repurchases will be published on the transaction days through stock exchange announcements. In the third quarter, a total of one million own class B shares were repurchased. Altogether, Cargotec holds 1,704,725 class B shares in treasury. Short-term Risks and Uncertainties Cargotec's principal short-term risks and uncertainties are related to the U.S. economic development and availability of components. The present U.S. economic uncertainty and the sharp decline in construction activity in the U.S. are reflected in the demand for Cargotec's load handling equipment. If the economic uncertainty continues there is a risk of it spreading more widely to the U.S. economy, which could have an impact on other Cargotec customer segments as well. Cargotec has outsourced a significant proportion of its component production and part of its assembly operations. Cargotec strives to anticipate its component needs so that subcontractors can flexibly meet demand. Due to generally high demand for many of the components used by Cargotec, their availability remains tight. Additionally, the high demand for trucks in Europe can have an adverse impact on the delivery schedules of Hiab products during the remainder of the year. Cargotec has made a significant number of acquisitions during the past 12 months. Although these acquisitions are relatively small in size and geographically dispersed, integrations always involve a degree of uncertainty. Outlook General market activity is expected to continue healthy with the exception of the U.S. load handling market. In accordance with its plans, Cargotec continues growth and efficiency related investments, which burden the 2007 result. Thanks to the record value of orders received so far in the year the estimate for full year 2007 order intake growth has been raised to close to 30 percent. The sales growth estimate for 2007 is unchanged at approximately 15 percent, which implies strong sales growth for the final quarter. Due to the growth operating profit in euros will improve from the previous quarters. Operating profit margin for the final quarter is estimated to remain at the third quarter level. Helsinki, October 18, 2007 Cargotec Corporation Board of Directors This interim report is unaudited. CARGOTEC'S INTERIM REPORT JANUARY-SEPTEMBER 2007 CONDENSED CONSOLIDATED INCOME STATEMENT MEUR 7-9/2007 7-9/2006 1-9/2007 1-9/2006 1-12/2006 Sales 713.4 624.8 2,150.7 1,899.9 2,597.1 Cost of goods sold -562.0 -497.3 -1,687.6 -1,493.0 -2,042.7 Gross profit 151.3 127.5 463.1 406.9 554.4 Gross profit, % 21.2 % 20.4 % 21.5 % 21.4 % 21.3 % Gain on the sale of property - 17.9 - 17.9 17.8 Costs and expenses -84.6 -65.3 -266.8 -213.9 -292.2 Depreciation -14.3 -10.1 -39.7 -29.0 -40.5 Operating profit 52.5 70.0 156.6 181.9 239.5 Operating profit, % 7.4 % 11.2 % 7.3 % 9.6 % 9.2 % Share of associated companies' income 0.1 0.3 0.2 0.8 0.9 Financing income and expenses -4.3 -1.0 -12.1 -6.5 -8.4 Income before taxes 48.2 69.3 144.7 176.2 232.0 Income before taxes, % 6.8 % 11.1 % 6.7 % 9.3 % 8.9 % Taxes -13.6 -17.2 -35.2 -49.4 -65.9 Net income for the period 34.6 52.1 109.5 126.8 166.1 Net income for the period, % 4.9 % 8.3 % 5.1 % 6.7 % 6.4 % Attributable to: Equity holders of the Company 34.3 51.4 108.8 125.4 163.9 Minority interest 0.3 0.7 0.7 1.4 2.2 Total 34.6 52.1 109.5 126.8 166.1 Earnings per share for profit attributable to the equity holders of the Company: Basic earnings per share, EUR 0.55 0.81 1.72 1.97 2.57 Diluted earnings per share, EUR 0.55 0.80 1.72 1.96 2.56 Adjusted basic earnings per share, EUR - 0.60 * - 1.76 * 2.37 * * Excluding gain on the sale of property after taxes CONDENSED CONSOLIDATED BALANCE SHEET ASSETS MEUR 30.9.2007 30.9.2006 31.12.2006 Non-current assets Intangible assets 754.8 556.5 580.5 Tangible assets 254.9 194.6 217.6 Loans receivable and other interest-bearing assets 1) 2.2 0.4 0.1 Investments 4.1 3.9 4.0 Assets held for sale - - - Non-interest-bearing assets 64.5 59.2 58.6 Total non-current assets 1,080.5 814.6 860.8 Current assets Inventories 660.1 509.5 528.9 Loans receivable and other interest-bearing assets 1) 0.4 0.2 0.3 Accounts receivable and other non-interest-bearing assets 574.2 429.3 473.7 Cash and cash equivalents 1) 94.0 122.5 124.3 Total current assets 1,328.8 1,061.5 1,127.2 Total assets 2,409.2 1,876.1 1,988.0 EQUITY AND LIABILITIES MEUR 30.9.2007 30.9.2006 31.12.2006 Equity Shareholders' equity 871.6 846.6 868.8 Minority interest 5.2 7.5 8.0 Total equity 876.7 854.1 876.8 Non-current liabilities Loans 1) 408.3 191.2 195.0 Deferred tax liabilities 35.8 22.1 30.5 Provisions 21.8 20.9 30.3 Pension benefit and other non-interest-bearing liabilities 67.1 53.8 55.2 Total non-current liabilities 533.0 288.0 311.0 Current liabilities Loans 1) 53.0 25.1 37.2 Provisions 45.0 40.4 42.6 Accounts payable and other non-interest-bearing liabilities 901.5 668.5 720.4 Total current liabilities 999.5 734.0 800.2 Total equity and liabilities 2,409.2 1,876.1 1,988.0 1) Included in interest-bearing net debt CONSOLIDATED STATEMENT OF CHANGES IN EQUITY Attributable to the equity holders of the company Share Trans- Fair Mino- pre- Trea- lation value Retai- rity Share mium sury diffe- reser- ned inte- Total MEUR capital account shares rences ve earnings Total rest equity Equity on 31.12.2005 63.9 95.1 -5.0 4.9 -10.3 611.4 760.0 7.2 767.2 Cash flow hedges 13.0 13.0 0.0 13.0 Trans- lation diffe- rences -11.2 -11.2 -0.6 -11.8 Share- based incen- tives, value of received services 0.1 0.1 0.1 Total net income recog- nised directly in equity - - - -11.2 13.0 0.1 1.9 -0.6 1.3 Net income for the period 125.4 125.4 1.4 126.8 Total recognised income and expenses for the period - - - -11.2 13.0 125.5 127.3 0.8 128.1 Dividends paid -41.3 -41.3 -41.3 Shares subscribed with options 0.1 0.6 0.7 0.7 Acquisition of treasury shares 0.0 0.0 0.0 Other changes - -0.5 -0.5 Equity on 30.9.2006 64.0 95.7 -5.0 -6.3 2.7 695.6 846.6 7.5 854.1 Equity on 31.12.2006 64.0 96.0 -23.9 -12.0 10.5 734.2 868.9 8.0 876.8 Gain/loss on cash flow hedges booked to equity 12.0 12.0 0.0 12.0 Gain/loss on cash flow hedges transferred to IS -3.7 -3.7 -3.7 Trans- lation diffe- rences -14.1 -14.1 -0.5 -14.5 Share- based incentives, value of received services 1.3 1.3 1.3 Total net income recognised directly in equity - - - -14.1 8.3 1.3 -4.4 -0.5 -4.9 Net income for the period 108.8 108.8 0.7 109.5 Total recognised income and expenses for the period - - - -14.1 8.3 110.1 104.4 0.2 104.6 Dividends paid -63.2 -63.2 -0.4 -63.6 Shares subscribed with options 0.1 0.7 0.8 0.8 Acquisition of treasury shares -39.2 -39.2 -39.2 Other changes 0.0 -2.6 -2.6 Equity on 30.9.2007 64.1 96.7 -63.1 -26.1 18.9 781.0 871.6 5.2 876.7 CONDENSED CONSOLIDATED CASH FLOW STATEMENT MEUR 1-9/2007 1-9/2006 1-12/2006 Net income for the period 109.5 126.8 166.1 Capital gains - -17.9 -17.8 Depreciation 39.7 29.0 40.5 Other adjustments 47.1 55.2 73.7 Change in working capital -57.5 -14.3 -12.7 Cash flow from operations 138.8 178.8 249.8 Cash flow from financial items and taxes -56.5 -43.4 -51.1 Cash flow from operating activities 82.3 135.4 198.7 The gain from the sale of property - 31.9 31.3 Acquisitions -169.3 -53.0 -89.1 Cash flow from investing activities, other items -65.7 -42.1 -58.0 Cash flow from investing activities -235.0 -63.2 -115.8 Acquisition of treasury shares -39.2 0.0 -18.9 Proceeds from share subscriptions 0.8 0.7 1.1 Dividends paid -63.9 -41.3 -41.3 Proceeds from long-term borrowings 226.9 0.3 0.1 Repayments of long-term borrowings -10.8 -16.8 -25.9 Proceeds from short-term borrowings 20.1 0.4 15.9 Repayments of short-term borrowings -14.4 -8.9 -7.6 Cash flow from financing activities 119.6 -65.6 -76.6 Change in cash -33.1 6.6 6.3 Cash, cash equivalents and bank overdrafts at the beginning of period 114.5 111.2 111.2 Effect of exchange rate changes -1.0 -1.8 -3.0 Cash, cash equivalents and bank overdrafts at the end of period 80.4 116.0 114.5 Bank overdrafts at the end of period 13.6 6.5 9.8 Cash and cash equivalents at the end of period 94.0 122.5 124.3 KEY FIGURES 1-9/2007 1-9/2006 1-12/2006 Equity/share EUR 13.96 13.27 13.72 Interest-bearing net debt MEUR 364.6 93.2 107.5 Total equity/total assets % 40.2 49.0 47.6 Gearing % 41.6 10.9 12.3 Return on equity % 16.7 20.9 20.2 Return on capital employed % 17.6 23.9 23.1 SEGMENT REPORTING Sales by geographical segment, MEUR 1-9/2007 1-9/2006 1-12/2006 EMEA 1,187 991 1,368 Americas 498 552 720 Asia Pacific 466 356 509 Total 2,151 1,900 2,597 Sales by geographical segment, % 1-9/2007 1-9/2006 1-12/2006 EMEA 55.2 % 52.2 % 52.7 % Americas 23.2 % 29.1 % 27.7 % Asia Pacific 21.7 % 18.8 % 19.6 % Total 100.0 % 100.0 % 100.0 % Sales, MEUR 1-9/2007 1-9/2006 1-12/2006 Hiab 687 675 914 Kalmar 979 883 1,203 MacGREGOR 487 344 482 Internal sales -2 -1 -2 Total 2,151 1,900 2,597 Operating profit, MEUR 1-9/2007 1-9/2006 1-12/2006 Hiab 54.5 63.3 86.0 Kalmar 78.6 83.5 111.7 MacGREGOR 37.0 26.2 35.9 Corporate administration and other -13.5 -9.0 -11.9 Operating profit from operations 156.6 164.0 221.7 Gain on the sale of property - 17.9 17.8 Total 156.6 181.9 239.5 Operating profit, % 1-9/2007 1-9/2006 1-12/2006 Hiab 7.9 % 9.4 % 9.4 % Kalmar 8.0 % 9.5 % 9.3 % MacGREGOR 7.6 % 7.6 % 7.5 % Cargotec, operating profit from operations 7.3 % 8.6 % 8.5 % Cargotec 7.3 % 9.6 % 9.2 % Orders received, MEUR 1-9/2007 1-9/2006 1-12/2006 Hiab 731 706 946 Kalmar 1,083 955 1,282 MacGREGOR 1,080 535 684 Internal orders received -3 -2 -2 Total 2,892 2,194 2,910 Order book, MEUR 30.9.2007 30.9.2006 31.12.2006 Hiab 255 215 215 Kalmar 684 581 593 MacGREGOR 1,614 798 813 Internal order book 0 0 0 Total 2,552 1,594 1,621 Capital expenditure, MEUR 1-9/2007 1-9/2006 1-12/2006 In fixed assets (excluding acquisitions) 37.7 30.3 46.1 In leasing agreements 0.3 0.5 0.5 In customer financing 23.5 14.5 22.2 Total 61.5 45.3 68.8 Number of employees at the end of period 30.9.2007 30.9.2006 31.12.2006 Hiab 4,405 3,615 3,647 Kalmar 4,431 3,543 3,705 MacGREGOR 2,162 1,109 1,117 Corporate administration 83 46 47 Total 11,081 8,313 8,516 Average number of employees 1-9/2007 1-9/2006 1-12/2006 Hiab 3,981 3,547 3,571 Kalmar 4,159 3,337 3,415 MacGREGOR 1,773 955 994 Corporate administration 68 45 46 Total 9,981 7,884 8,026 NOTES Taxes in income statement MEUR 1-9/2007 1-9/2006 1-12/2006 Current year tax expense 42.3 57.0 66.7 Deferred tax expense -0.7 -6.3 -0.3 Tax expense for previous years -6.4 -1.4 -0.5 Total 35.2 49.4 65.9 Commitments MEUR 30.9.2007 30.9.2006 31.12.2006 Guarantees 2.4 0.2 0.5 Dealer financing 5.6 10.8 8.5 End customer financing 5.9 7.2 6.7 Operating leases 50.0 31.0 38.1 Other contingent liabilities 5.3 3.9 3.9 Total 69.2 53.1 57.7 Fair values of derivative financial instruments Positive Negative Net fair Net fair Net fair fair value fair value value value value MEUR 30.9.2007 30.9.2007 30.9.2007 30.9.2006 31.12.2006 FX forward contracts, cash flow hedges 35.3 15.4 19.9 3.6 18.6 FX forward contracts, non-hedge accounted 9.4 3.9 5.5 1.2 -9.1 Interest rate swaps, non-hedge accounted - - - -0.1 0.0 Cross currency and interest rate swaps, cash flow hedges 0.0 5.2 -5.2 - -0.7 Total 44.7 24.5 20.2 4.7 8.8 Non-current portion: FX forward contracts, cash flow hedges 9.8 5.0 4.8 0.0 2.7 Cross currency and interest rate swaps, cash flow hedges 0.0 5.2 -5.2 - -0.7 Non-current portion 9.8 10.2 -0.4 0.0 2.0 Current portion 34.9 14.3 20.6 4.7 6.8 Nominal values of derivative financial instruments MEUR 30.9.2007 30.9.2006 31.12.2006 FX forward contracts 2,306.4 1,665.3 1,752.7 Interest rate swaps - 10.0 10.0 Cross currency and interest rate swaps 225.7 - 225.7 Total 2,532.1 1,675.3 1,988.4 ACQUISITIONS 2007 In January-September 2007 Cargotec made several acquisitions in line with its strategy. These acquisitions were individually immaterial. In January, Hiab made an agreement to acquire the majority of its Australian importer, BG Crane Pty. Ltd. The acquisition was finalised in February. In January, Hiab also signed an agreement of intent to acquire the sales, service and installation units of its current distributor Berger in the Czech Republic, Slovakia, Hungary and Croatia. The acquisition was finalised in May. In May, Hiab signed a contract to acquire the Estonian company Balti ES. The acquisition was finalised in June. In July, Hiab signed an agreement to acquire Bay Equipment Repairs Inc, a service company based in Florida, USA. In January, Kalmar signed agreement to acquire Tagros d.o.o., a Slovenia-based service company. In January, Kalmar signed also agreement to acquire Truck och Maskin i Örnsköldsvik AB, a Swedish company. The acquisition was finalised in February. In February, Kalmar made an agreement to acquire the assets and business of Port Equipment Service, Inc., a U.S. based service company. In February, a contract was signed to acquire the Indian company Indital Construction Machinery Ltd. The acquisition was finalised in April. In April, Kalmar signed a contract to gain full control of Kalmar Asia Pacific Ltd by acquiring the remaining minority share. In December 2006, a contract was signed to acquire Kalmar's Spanish distributor Kalmar Espana. The acquisition was finalised in April. In August, Kalmar made an agreement to acquire Advanced Cargo Transshipment B.V., an automation and software producer based in the Netherlands. In September, Kalmar acquired the remaining minority share (49 percent) of Kalmar India Pvt. Ltd. In March, MacGREGOR agreed to acquire 90 percent of the Norwegian Hydramarine AS. The acquisition was finalised in April. In March, MacGREGOR also signed a contract to acquire 90 percent of the Singaporean company Plimsoll Corporation Pte Ltd. The acquisition was finalised in April. The accounting of these two business combinations includes also the minority share with the redemption obligation. The debt-free acquisition price of these two business combinations was approximately EUR 122 million and the goodwill recognised according to the preliminary calculations was EUR 115 million. In May, a contract was signed to acquire Vestnorsk Hydraulikkservice AS of Norway. The acquisition was finalised in June. Management estimates that the consolidated sales for January 1-September 30, 2007 would have been approximately EUR 2,190 million, if the acquisitions had occurred on January 1, 2007. The table below summarises the acquisitions in January-September 2007. The business combinations were accounted as preliminary as the determination of fair values to be assigned to the assets, liabilities and contingent liabilities were not yet finalised. Net fair values of Assets and identifiable liabilities assets and immediately liabilities of before the the acquired business businesses combination MEUR Other intangible assets 13.4 0.2 Property, plant and equipment 25.3 25.0 Inventories 40.4 40.4 Non-interest-bearing assets 57.2 57.2 Interest-bearing assets and Cash and cash equivalents 7.0 7.0 Interest-bearing liabilities -18.2 -18.2 Other non-interest-bearing liabilities -97.4 -92.8 Acquired net assets 27.8 18.9 Transaction price 193.5 Costs related to acquisitions 3.2 Goodwill 168.9 Transaction price paid in cash 166.7 Costs related to acquisitions 3.2 Net cash and cash equivalents in acquired businesses -2.5 Total cash outflow from acquisitions 167.3 ACCOUNTING PRINCIPLES The interim report has been prepared according to the International Accounting Standard 34: Interim Financial Reporting. The accounting policies adopted are consistent with those of the annual financial statements of 2006. All figures presented have been rounded and consequently the sum of individual figures may deviate from the presented sum figure. Adoption of new or revised IFRS standards and interpretations starting in January 1, 2007 Starting from January 1, 2007 Cargotec has adopted the following new and amended standards and interpretations by the IASB published in 2006: - IFRS 7, Financial Instruments: Disclosures - IAS 1 Amendment, Capital Disclosures - IFRIC 10, Interim Financial Reporting and Impairment - IFRIC 11, IFRS 2 - Group and Treasury Share Transactions The adoption of the new and revised standards and interpretations does not have a material effect on the interim financial statements. Reclassification of balance sheet items Division of derivative assets and liabilities into current and non-current has been taken into use in annual financial statements of 2006. Derivative instruments, for which hedge accounting is applied, and for which the underlying cash flow matures after twelve months, are included in non-current assets and liabilities, other derivative instruments are included in current assets and liabilities. In previous financial statements all derivatives have been included in current assets and liabilities. The comparative figures of September 30, 2006 have been restated accordingly. Retrospective adjustment of final accounting of the acquisitions In financial statements of 2006 the impact of final accounting of the acquisitions of 2005 were recognised retrospectively for the period January 1-December 31, 2006. The comparative figures of September 30, 2006 have been restated accordingly. Share-based payments The share-based incentive scheme for top management that was approved by the Board of Directors in 2005 has ended in March 2007. The members of the scheme received 20,660 Cargotec 2005B-option rights and in cash 65,000 synthetic option rights. Fair value of a synthetic option was EUR 28.22 at payment day. In January 2007, Cargotec published a new share-based incentive scheme for the company's key managers for the years 2007-2011. The rewards will be paid during 2009-2012 in both class B shares and cash. The cash portion is dedicated to cover possible taxes and tax-related payments resulting from the total reward. Shares distributed as reward will contain a prohibition to hand over or sell the shares within one year of the end of an earnings period with the exception of the final earnings period when no prohibitions are included. The shares will be lost if the holder leaves the company before the prohibition period ends. At the end of September 2007, the earnings period 2007-2008 involves 67 persons. If they were to receive the maximum number of shares in accordance with the scheme, a total of 148,925 Cargotec's class B shares, their shareholding obtained via the program would amount to 0.1 percent of the total voting rights of Cargotec's class A and B shares. The incentive scheme is booked and valued according to the Share-based payments -accounting principle presented in the annual financial statements of 2006. CALCULATION OF KEY FIGURES Total equity attributable to the shareholders of the parent company Equity / share = _______________________________________________ Share issue adjusted number of shares at the end of period (excluding treasury shares) Interest-bearing Interest-bearing debt - interest-bearing net debt = assets Total equity Total equity / 100 total assets (%) = x _______________________________________________ Total assets - advances received Interest-bearing debt - interest-bearing assets 100 Gearing (%) = x _______________________________________________ Total equity Net income for period Return on equity 100 (%) = x _______________________________________________ Total equity (average for period) Income before taxes + interest and other financing expenses Return on capital 100 employed (%) = x _______________________________________________ Total assets - non-interest-bearing debt (average for period) Net income for the period attributable to the shareholders of the parent company Basic earnings / share = _______________________________________________ Share issue adjusted weighted average number of shares during period (excluding treasury shares) QUARTERLY FIGURES Cargotec Q3/2007 Q2/2007 Q1/2007 Q4/2006 Q3/2006 Q2/2006 Orders received MEUR 1,028 949 915 716 603 786 Order book MEUR 2,552 2,244 1,811 1,621 1,594 1,544 Sales MEUR 713 743 694 697 625 661 Operating profit MEUR 52.5 46.2 57.9 57.7 52.1* 61.0 Operating profit % 7.4 6.2 8.3 8.3 8.3* 9.2 Basic earnings/share EUR 0.55 0.55 0.62 0.61 0.60* 0.64 Hiab Q3/2007 Q2/2007 Q1/2007 Q4/2006 Q3/2006 Q2/2006 Orders received MEUR 223 244 264 241 207 232 Order book MEUR 255 238 237 215 215 216 Sales MEUR 202 245 240


 

NOT FOR RELEASE, DISTRIBUTION OR PUBLICATION, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES *** Guernsey, 18 October 2007 - Volta Finance Limited has published its results for the first financial period ended 31 July 2007. The Annual Report and Accounts 2007 is attached to this release and is available on Volta Finance Limited's financial website (www.voltafinance.com). The presentation that will be used for the investor meetings held from 22 October to 31 October 2007 will be posted on the website on 19 October 2007. A conference call for analysts and investors will be held on 18 October 2007 at 15:00 (CET - France time) / 14:00 (GMT - UK time) to discuss the annual results. * Investors calling from the UK may access the conference by dialing +44 (0) 207 153 2027 * Investors calling from France may access the conference by dialing +33 (0) 1 70 99 35 14. * Investors calling from other countries can call either one of these numbers. Highlights for the Financial Year * The distribution income of Volta Finance Limited (the "Company" or "Volta Finance"), for the period ended 31 July 2007, on which the recommended dividend is based, is of ¤14.1 million, or ¤0.47 per share * The ¤0.40 per share recommended dividend for the period ended 31 July 2007 is 14% above the target dividend at IPO of ¤0.35 per share * This higher than expected recommended dividend has been made possible by the receipt of more income from the introduction of assets into the portfolio at a quicker pace than originally anticipated coupled with the expected effective yield of those assets being in line with that targeted in the portfolio model. * Principally due to unrealised losses caused by market turmoil arising on the revaluation on a mark-to-market basis of derivative financial instruments and financial assets, the net loss of the company for the period was ¤16.94 million, or ¤0.56 per share * As of the annual report publication date, the cash flows of all the assets held by the Company remain in line with expectations made at their purchase * As at 31 July 2007, the Company had a total Net Asset Value of ¤260 million The 2007 accounts of Volta Finance Limited have been audited by KPMG Channel Islands Limited. STATEMENT BY PETER CROOK, CHAIRMAN OF THE BOARD (the following is a slightly modified extract from the Chairman's Statement published in the annual report 2007) I am pleased to report to shareholders that the Company has made much progress in the first financial period from launch to 31 July 2007. In December 2006, the Company successfully issued 30 million shares at an offer price of ¤10 per share in connection with its IPO and listing on Euronext Amsterdam. By the closing of accounts on 31 July 2007, the Company was on track to meet its objective of fully ramping up its portfolio within the nine months following the IPO. In fact, 96% of the net proceeds had been deployed and the small remaining balance had been earmarked for investment in two further assets. As at 31 July 2007, the Company had a total Net Asset Value of ¤260 million with a market capitalisation of ¤232.6 million. Both were affected significantly and negatively by turbulence in the credit markets during June and July. Nevertheless, the cash flows of the Company's assets remained in line with what was expected, reflecting the economic fundamentals within the portfolio. The Board is pleased to recommend a first dividend of ¤0.40 per share, for the shortened period to 31 July 2007. This is 4% of the IPO price and 14% above the target dividend of ¤0.35 set at IPO. This higher than expected recommended dividend has been made possible by the receipt of more income from the introduction of assets into the portfolio at a quicker pace than originally anticipated, coupled with the expected effective yield of those assets being in line with that targeted in the portfolio model. In accordance with the Company's dividend policy, the Board has recommended distributing substantially all the Distribution Income of ¤14.1million, or ¤0.47 per share. The ¤2.1 million balance of the Distribution Income will be set aside to support the Company's Net Asset Value and the ability of the Company to provide a stable income to shareholders. The Board points out that the higher than expected recommended dividend for the first period of operation does not modify the level of the target dividend for the next year, which remains at ¤0.95. As set out in the Company's Prospectus, independent third parties are involved in the review of the valuation of the assets on a semi-annual basis. They also review the projected cash flow assumptions of the Company used for setting the projected target dividend. In the case of the portfolio valuation, the assumptions used to compute the asset prices included in the NAV at 31 July 2007 have been prepared or reviewed by AXA IM Paris (the "Investment Manager") and, where required by the valuation policy, as set out in the Prospectus, have been confirmed by an independent third party. The assumptions used to determine the expected target dividend of the Company are based on a number of assumed parameters related to the characteristics of each asset class. Sometimes, for example, this would include the default rate linked to rating agencies hypotheses on the credit quality of the assets. For each asset, an independent third party has reviewed these parameters and has confirmed that the projected cash flow assumptions for each asset are fair and reasonable. STATEMENT BY THE INVESTMENT MANAGER (the following is a slightly modified extract from the Invesmtent Manager's Report published in the annual report 2007) Overview Until June 2007, the markets to which Volta Finance has exposure were characterised by tight credit spreads. Thereafter, credit spreads of investment and sub-investment grade securities started to widen, and continued to do so in July 2007, leaving the Company's Net Asset Value at ¤8.67 per share at 31 July 2007. Towards the end of the first financial period of the Company, mark-to-market valuations of credit assets declined across the board, despite credit fundamentals remaining generally sound. The most notable exception to the sound credit fundamentals was US sub-prime assets, to which the Company has no exposure. This explains why the mark-to-market valuations of Volta's assets, as reflected by its NAV per share, have been adversely affected, while the cash flows from those assets remain in line with what was originally expected. As of 31 July 2007, Volta held 22 settled assets in its portfolio divided amongst four Primary Target Assets Classes (Corporate Credits, CDOs, ABS and Leveraged Loans). Of those 22 settled assets, 13 were part of the Company's Initial Portfolio, which was assembled under the direction of the Investment Manager in anticipation of the IPO. The remaining nine assets were bought over the course of the first financial year. No assets were sold by the Company over this period. In line with the Company's investment guidelines and as a result of the specific market conditions that have developed since the Company's IPO, the decision was made in April 2007 to reallocate some funds, which were earmarked in the initial target portfolio for investments in residual income positions of ABS, to leveraged loans due to the competitive nature of the market in residual income positions of ABS at that time. Funding Volta currently gains leverage through internally leveraged investments such as residual income positions in securitisation structures (e.g. residual interests in CDOs and ABS), as well as synthetic leveraged investment exposure (through the Total Return Swap relating to leveraged loans). Approximately three-quarters of the portfolio have imbedded leverage that is not directly sensitive to mark-to-market valuation. Such a financing structure has proved quite resilient under volatile market conditions. Only the investments in leveraged loans use leverage that is directly affected by mark-to-market valuation. Such leverage, gained through the TRS, is based on a five-year financing with a fixed financing level set in December 2006. Volta Finance does not, at present, have any direct borrowings, but retains the flexibility to resort to this form of financing if and when required. The Company is currently negotiating a ¤30 million liquidity line with the objective of increasing the amount of cash available for working capital, for making temporary investments, or for other purposes. Market Outlook Following the closing of Volta's first annual accounts on 31 July 2007, corporate credit markets settled down to a certain extent while continuing to experience bouts of volatility. Structured credit markets and leveraged loans markets have remained unsettled past July 2007, and we expect ongoing volatility on those markets. Overall, primary markets of structured credit and leveraged loans have yet to pick up, and their respective secondary markets are expected to remain volatile. We believe that both Volta's structure and investment strategy may help the Company to sustain such market conditions. The permanence of the Company's capital allows the Company and the Investment Manager to take a longer term view with regard to the Company's investment strategy. As a closed-ended company of indefinite duration, the Company has a permanent equity capital base. As a result, the Company is not required to return capital to shareholders after the expiry of any pre-agreed periods, as it is often the case with privately funded vehicles, and is not forced to liquidate investments on an untimely basis to meet share redemption requests, as would be the case if the Company were open ended. Volta's multi-asset class investment strategy, which allows it to diversify risk across asset classes and widens the investment universe, enhances the Company's ability to sustain difficult market conditions. At the time of writing the annual report, the assumptions made to determine the expected distribution income for the financial year from 1 August 2007 to 31 July 2008 of the Company are in aggregate consistent with the Company's outlook for the credit and structured credit markets. Overall, such an environment may also provide investment opportunities. Thanks to regular cash inflows in the form of the proceeds from the prepayments and amortisation of assets, an investor such as Volta is likely to be in a good position to take advantage of such opportunities. For the full text of the Chairman's Statement and the Investment Manager's Report, please refer to the Annual Report and Accounts 2007 SEPTEMBER MONTHLY REPORT As published in the September Monthly Report on 17 October 2007, the Gross Asset Value ("GAV") of Volta Finance increased 4.6% from the end of August to the end of September 2007, mainly driven by the good mark-to-market performance of the corporate credit assets. As of the end of September, the expected cash flows of all the assets held by Volta Finance remain in line with what was expected at their purchase. PROVISIONAL FINANCIAL CALENDAR 20 November 2007 Annual General Meeting 21 November 2007 Ex-dividend date 23 November 2007 Record date 27 November 2007 Dividend payment date *** ABOUT VOLTA FINANCE LIMITED Volta Finance Limited is incorporated in Guernsey under the Companies (Guernsey) Laws, 1994 to 1996 (as amended) and listed on Euronext Amsterdam by NYSE Euronext. Its investment objectives are to preserve capital and to provide a stable stream of income to its shareholders through dividends. For this purpose, it pursues a multi-asset investment strategy targeting various underlying assets. Volta Finance Limited's basic approach to its underlying assets is through vehicles and arrangements that provide leveraged exposure. The exposure to those underlying assets is gained through direct and indirect investment in five principal asset classes: corporate credits, CDOs, ABS, leveraged loans, and infrastructure assets. Volta Finance Limited has appointed AXA Investment Managers Paris, an investment management company with a division specialised in structured credit, for the investment management of all its assets. ABOUT AXA INVESTMENT MANAGERS AXA Investment Managers (AXA IM) is a multi-expert asset management company within the AXA Group, a global leader in financial protection and wealth management. AXA IM is one of the largest European-based asset managers with ¤550 billion in assets under management as of the end of March 2007. AXA IM employs approximately 2,800 people around the world and operates out of 19 countries. CONTACTS Company Secretary Mourant Guernsey Limited volta.finance@mourant.com +44 (0) 1481 715601 Porfolio Administrator Deutsche Bank voltaadmin@list.db.com For the Investment Manager AXA Investment Managers Paris Julien Laplante julien.laplante@axa-im.com +33 (0) 1 44 45 94 92 *** This press release is for information only and does not constitute an invitation or inducement to acquire shares in Volta Finance. Its circulation may be prohibited in certain jurisdictions and no recipient may circulate copies of this document in breach of such limitations or restrictions. This press release is not an offer of securities for sale in the United States. Securities may not be offered or sold in the United States absent registration with the United States Securities and Exchange Commission or an exemption from registration under the U.S. Securities Act of 1933, as amended (the "Securities Act"). Volta Finance has not registered, and does not intend to register, any portion of any offering of its securities in the United States or to conduct a public offering of any securities in the United States. *** This press release does not constitute or form any part of an offer or invitation to sell or issue, or any solicitation of an offer to purchase or subscribe for, any shares in Volta Finance Limited in the United Kingdom. The contents of this press release have not been approved by an authorised person and recipients of this press release who intend to purchase or subscribe for shares in Volta Finance Limited are reminded that the shares are available only to, and any invitation, offer or agreement to subscribe, purchase or otherwise acquire such shares will be engaged in only with (i) persons who are outside the United Kingdom, or (ii) investment professionals falling within Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the ''Order''), or (iii) high net worth entities, and other persons to whom it may lawfully be communicated, falling within Article 49(2)(a) to (d) of the Order (all such persons being referred to as ''Relevant Persons''). *** This press release contains statements that are, or may deemed to be, "forward-looking statements". These forward-looking statements can be identified by the use of forward-looking terminology, including the terms "believes", "anticipated", "expects", "intends", "is/are expected", "may", "will" or "should". They include the statements regarding the level of the dividend, the current market context and its impact on the long-term return of Volta's investments. By their nature, forward-looking statements involve risks and uncertainties and readers are cautioned that any such forward-looking statements are not guarantees of future performance. Volta Finance's actual results, portfolio composition and performance may differ materially from the impression created by the forward-looking statements. Volta Finance does not undertake any obligation to publicly update or revise forward-looking statements. Any target information is based on certain assumptions as to future events which may not prove to be realised. Due to the uncertainty surrounding these future events, the targets are not intended to be and should not be regarded as profits or earnings or any other type of forecasts. There can be no assurance that any of these targets will be achieved. In addition, no assurance can be given that the investment objective will be achieved. ***


 

All resolutions were made in accordance with the summons of today's Extraordinary General Meeting of I.M. Skaugen ASA. 52,57 percent of the share capital was represented. The Extraordinary General Meeting resolved to merge the wholly-owned Danish subsidiary I.M. Skaugen A/S into I.M. Skaugen ASA. The merger is part of the reorganization of the I.M. Skaugen group where I.M. Skaugen ASA shall be established as a European Company (SE company). I.M. Skaugen ASA If you have any questions, please contact: Bente Flø, Chief Financial Officer, on telephone +47 23 12 03 30/+47 91 64 56 08 or by e-mail: bente.flo@skaugen.com. This press release is also available on the Internet at our website: http://www.skaugen.com. Listed on the Oslo Stock Exchange, I.M. Skaugen ASA (IMSK) - www.skaugen.com - is a Marine Transportation Service Company engaged in the hassle free transportation of petrochemical gases and LPG, ship-to-ship transfer of crude oil and LNG, as well as the design and construction of smaller and specialized high quality marine vessels. IMSK is a fully integrated shipping company that designs, builds, owns, mans and manages our own ships. IMSK customers are major international companies in the oil and petrochemical industry, whom we serve worldwide from our operations in Dubai (UAE), Freeport and Houston (Texas), Oslo (Norway), Singapore Sunderland (UK), Nanjing, Shanghai, Taizhou, Zhangjiagang and Wuhan (China). IMSK operates recruitment and training programmes in St. Petersburg (Russia) and Wuhan (China) for the crewing of vessels. IMSK employs approx. 1,500 people and currently operates 44 vessels worldwide. The fleet comprises petrochemical gas and LPG carriers, Aframax tankers, vessels and barges for the transportation of gases on the Yangtze River (China) and a small number of workboats for Skaugen PetroTrans (SPT). IMSK has a comprehensive newbuilding project in China where it has one LPG vessels of three 3,200 cbm; three purpose designed combination carriers with LPG/Ethylene/VCM and Organic chemicals carrying capability and up to ten advanced 10,000-12,000 cbm LNG/LPG/Ethylene gas carriers are on order for Norgas for delivery from beginning 2007 and onwards. IMSK has invested in infrastructure with both a shipyard and a cargo plant maker in China to ensure innovative and flexible vessels at low cost. Six new, purpose designed and built "Aframax sized tankers", are on order for delivery to SPT on a long term Bareboat charter and for delivery from May 2007 until spring 2008.


 

INCAP CORPORATION STOCK EXCHANGE ANNOUNCEMENT 18 October 2007 at 10.30 a.m. In accordance with chapter 2, section 9, of the Securities Market Act, Glitnir Varainhoito Oy has reported us on behalf of Irish Life International that Irish Life International's holdings of the share capital and votes of Incap Corporation have decreased under 5%. The issuing company and its business ID: Incap Corporation, 0608849-6 Date of change in holdings: 10 October 2007 New proportion of votes and share capital: Shareholder Number of shares Percentage of share and votes capital and votes Irish Life International 0 0% (registered under the laws of Ireland) Incap Corporation's share capital comprises a total of 12,180,880 shares, entitling to an equal amount of votes. INCAP CORPORATION Hannele Pöllä Director, Communications and IR Tel. +358 40 504 8296 DISTRIBUTION OMX Nordic Exchange Helsinki Principal media INCAP IN BRIEF Incap Corporation is a fast-growing electronics contract manufacturer whose comprehensive service covers the entire product life cycle from design and manufacture to repair and maintenance services. The company's main customer sectors are leading equipment suppliers in telecommunications, electrical power technology, the automation and process industries as well as measurement technology, safety electronics and health care. The Incap Group's revenue in 2006 amounted to EUR 89 million and the company currently employs approx. 750 persons. Incap's share is listed on the OMX Nordic Exchange Helsinki. For additional information, please visit www.incap.fi


 

Reference is made to the stock exchange notice dated 16. April 2007. SS Petrolia has successfully completed the drilling contract with Island Oil & Gas Ltd. SS Petrolia is currently in transit for the 913 day contract with Pemex to an estimated gross value of USD 269.090.000 and will commence the contract upon arrival in Mexico during December 2007. For further information, please contact : Mr. Lars Moldestad, phone +47 906 99 197. Bergen/ Oslo 18 October 2007.


 

PERLOS CORPORATION STOCK EXCHANGE RELEASE OCTORBER 18, 2007 AT 10.00 A.M. Perlos will publish the financial results of January-September 2007 on Tuesday, October 23, 2007 at 8.00 A.M. Finnish time. The result release will be available on Perlos' web site (www.perlos.com) immediately after the announcing. Perlos will arrange a news conference for analysts and media on Tuesday,October 23, 2007 at 10.00 A.M. in restaurant G. W. Sundmans (Eteläranta 16, Helsinki). In addition to the news conference for analysts and media Perlos will arrange a conference call and web presentation on October 23, 2007 at 1.00 P.M. Finnish time. CONFERENCE CALL AND WEB PRESENTATION A conference call and web presentation for analysts and investors will be held on: Tuesday, October 23, 2007 - 6:00 A.M. US Eastern time - 11:00 A.M. UK time - 1:00 P.M. Finnish time The results will be presented by Mr. Matti Virtanen, CEO. To participate the conference call please dial +44 207 108 6303 using the code "Perlos", a few minutes before the beginning of the conference. The conference call and web presentation can be followed at Perlos' web site, www.perlos.com. The conference will be recorded and it will be available for listening for 90 days at Perlos' web site, www.perlos.com. PERLOS CORPORATION Jari Laaninen Vice President, Treasury and Investor Relations PERLOS IN BRIEF Perlos Corporation is a global design and manufacturing partner for the telecommunications and electronics industry. The service offering covers the whole product life cycle from product design to manufacturing, logistics and new product versions. The production facilities are located in Asia, Europe and North and South America and the company is headquartered in Finland. In 2006, Perlos Corporation's net sales amounted to EUR 673,6 million. The company employed approximately 8,800 people worldwide in the end of June, 2007. Perlos share (POS1V) is traded on the OMX Nordic Exchange Helsinki. DISTRIBUTION Helsinki Stock Exchange Central media www.perlos.com


 

Pöyry has been awarded an assignment for the wastewater management in Paris, France by Syndicat Intercommunal d'Assainissement de la Région Parisienne (SIAAP). The value of the assignment amounts to about EUR 1.5 million. The project comprises technical assistance for extension of the Grésillons waste water treatment plant located north of Paris. The project aims at expanding the plant's capacity from 0.5 to 1.5 million population equivalent. The assignment is scheduled to be completed by mid 2014. Pöyry will use its full range of know-how for evaluating the technical options for expanding the plant, making use of compact and energy-saving technologies. Pöyry is a global consulting and engineering firm focusing on the energy, forest industry and infrastructure & environment sectors. Pöyry's net sales in 2006 amounted to about EUR 620 million and it employs 7000 experts. PÖYRY PLC Satu Perälampi VP, Corporate Communications and IR Additional information by: Didier Carron, President, Pöyry Environment S.A., France tel. +33 4 7291 8370 www.poyry.com DISTRIBUTION: Major media


 

Yara International ASA's third quarter 2007 results will be released on Friday 19 October 2007. The results will be available at www.yara.com and in the reception at Bygdøy alle 2, Oslo from 08:30 CET. The results will be presented at 09:30 CET by President and CEO Thorleif Enger and CFO and Head of Strategy Sven Ombudstvedt. The presentation will take place in the Auditorium in Bygdøy alle 2 and will be transferred live on the Internet via a link at www.yara.com. The presentation will be held in English. There will also be an English conference call in the afternoon with an opportunity to ask questions to Yara's CEO and CFO at 16:00 CET the same day. European dial-in number +44 20 7162 0025 US dial-in number +1 334 323 6201 Up to two weeks after the call, you may listen to the replay by calling: +44 20 7031 4064, code 766441 or +1 954 334 0342, code 766441 A replay of the web cast will be available at www.yara.com. If you wish to participate in the presentation in Oslo, please confirm with an e-mail to ir@yara.com before 18 October 2007. If you wish to be deleted from our invitation/mailing lists or if you have a colleague who would like to be on our lists, please inform us via e-mail to the same address. Yours faithfully for Yara International ASA Torgeir Kvidal Senior Vice President Investor Relations (sign.)


 

Royal DSM N.V. has issued a EUR 750 million 5.25% bond due 2017. The high demand from investors exceeded the company's optimistic expectation. The order book had an exceptionally high quality and totalled over EUR 5 billion and was closed early. The main purpose of the debt issue is refinancing a bond maturing on December 7th, 2007 of EUR 400 million and the remaining proceeds will be used for other general corporate purposes, including the share repurchase program. The terms of the notes are laid down in the EUR 2 billion Debt Issuance Program of Royal DSM N.V. and the supplement thereto, which is available on the Investor Relations website. The bond is listed on the AEX as of today. This announcement is neither an offer to sell nor a solicitation of an offer to buy any securities. The notes are being offered only by means of a prospectus. DSM DSM creates innovative products and services in Life Sciences and Materials Sciences, contributing to the quality of life. DSM's products and services are used globally in a wide range of markets and applications, supporting a healthier, more sustainable and enjoyable way of living. End markets include human and animal nutrition and health, personal care, pharmaceuticals, automotive, coatings and paint, electrics & electronics, life protection and housing. The company strategy, Vision 2010 - Building on Strengths, focuses on accelerating profitable and innovative growth of the company's specialties portfolio. The key drivers of this strategy are market-driven growth and innovation, an increased presence in emerging economies and operational excellence. DSM has annual sales of almost EUR 9 billion and employs some 22,000 people worldwide. The company is headquartered in the Netherlands, with locations in Europe, Asia, the Americas, Africa and Australia. More information on DSM can be found at www.dsm.com. For more information: DSM Corporate Communications DSM Investor Relations Elvira Luykx Hans Vossen tel. +31 (0) 45 tel. +31 (0) 45 5782020 5782035 fax +31 (0) 45 5782595 fax +31 (0) 45 e-mail 5740680 investor.relations@dsm.com e-mail media.relations@dsm.com


 

(London, 18 October 2007) - Pharmainvest Master Account LP; one of the funds, under the management of GEM Global Equities Management SA ("GEM"), has purchased 125,000 shares of Eastpharma Ltd. ("Eastpharma") representing approximately 0.18% of the issued share capital of Eastpharma on 17 October 2007. After this purchase, Pharmainvest Master Account LP has increased its holdings to 41.39%, while the funds under the management of GEM, as the controlling shareholders have increased their holdings to 52.66% of the issued share capital of Eastpharma. For further information contact: +------------------------------------------------------------+ | EastPharma Ltd. | Tel.: + 90 (212) 692 9326 | | Idil Bora - Investor Relations | | | | Fax.: + 90 (212) 697 4247 | | | | +------------------------------------------------------------+ ---END OF MESSAGE---


 

Reasons identified for high placebo response rate in Phase III stroke study DIAS-2 Aachen (Germany), 18 October 2007 - PAION AG (Frankfurt Stock Exchange, Prime Standard: PA8) today reported that it has reviewed findings from the analysis of the DIAS-2 (Desmoteplase in Acute ischemic Stroke) study results. In contrast to previous Phase II studies, the DIAS-2 study did not meet its primary efficacy endpoint due to a lack of improvement in the Desmoteplase groups over placebo. Therefore, the clinical efficacy of Desmoteplase as demonstrated in two smaller Phase II studies (DIAS and DEDAS) could not be confirmed. However, the analysis of the patient subgroups has generated new findings regarding the unexpectedly high placebo rate observed in the DIAS-2 study and provides indications for the efficacy of Desmoteplase, although short of any statistical significance due to the small patient numbers of the subgroups. From the study's top-line results, it was already known that patients in the DIAS-2 study showed on average relatively mild symptoms of stroke. Now angiographs have been evaluated as part of the analysis. The data reveal that in contrast to DIAS and DEDAS, a high percentage of DIAS-2 patients did not have a blood clot in the main brain arteries at the start of treatment, despite the detection of salvageable brain tissue (penumbra) surrounding the infarct core according to the DIAS-2 study protocol. So far, stroke experts have assumed the presence of a penumbra to be a key indication of both visible (in the larger brain arteries) and non-visible blood clots (in smaller arteries). The new findings are crucial since Desmoteplase's main mechanism of action is to dissolve blood clots in occluded arteries. Consequently, the high percentage of DIAS-2 patients lacking a blood clot in their main brain arteries seems to be a major reason for the similar clinical outcome across the different dose groups including placebo. In addition, findings from patient subgroups with a detectable blood clot in their main brain arteries indicate that Desmoteplase could potentially show efficacy compared to placebo. In particular, the efficacy of the drug seemed to increase with the severity of the vessel occlusion. However, these findings have to be confirmed in a larger patient group in order to achieve statistical significance. The latest findings from DIAS-2 are currently being discussed with leading stroke experts in order to optimize the design of potential new trials. "We have identified probable reasons for the unexpectedly good outcome in the placebo arm as well as variables that will help optimize patient selection" state Prof Dr Werner Hacke and Anthony J. Furlan, MD, chairmen of the DIAS-2 Steering Committee. "Therefore, we see a scientific rationale to move on to the next study." PAION's Chief Executive Officer Dr Wolfgang Söhngen comments: "We believe that these findings provide a sound development rationale for Desmoteplase. Following positive feedback from our investigators, the key issue to be addressed in the near future is to secure sufficient funding and to implement the latest findings into the design of future trials. This has to be based on an assessment of potential patient benefit and the commercial opportunity from a revised program with Desmoteplase." The analysis was carried out under the lead of PAION. In August 2007, PAION's former partner Forest Laboratories, Inc. has decided to return all rights to Desmoteplase under its sub-license agreement for North America. PAION's partner H. Lundbeck A/S is currently evaluating the findings from the analysis. ### Conference Call On Thursday, 18 October 2007 at 2 p.m. CEST (1 p.m. BST, 8 a.m. EDT) PAION will host a public conference call during which the latest findings in the DIAS-2 data analysis will be discussed. Participants may dial +49 69 2222 2220 (Germany), +44 20 7138 0839 (UK) or +1 718 354 1362 (USA). Please enter 2904733 as participant pass code. The conference call will be conducted in English. To allow for smooth processing we suggest that you dial in 10 minutes before the beginning of the call. The conference call will be recorded. A replay will be available starting approx. 2 hours after the call until end of day 20 October 2007. The dial-in details for the replay will be published after the conference call on our website www.paion.de/investors. About Desmoteplase Desmoteplase, the most fibrin-specific plasminogen activator known today, is a genetically engineered version of a clot-dissolving protein found in the saliva of the vampire bat Desmodus rotundus. It has received fast-track designation from the U.S. Food and Drug Administration for the indication of acute ischemic stroke. About DIAS-2 The DIAS-2 (Desmoteplase in Acute Ischemic Stroke) study was designed to investigate the improvement of clinical outcome in patients with acute ischemic stroke treated with Desmoteplase within 3 to 9 hours after onset of stroke symptoms. Among other criteria, the detection of salvageable brain tissue (penumbra) of at least 20% compared to the infarct core was applied for including patients in the study. The blinded, randomized, placebo-controlled, dose-ranging Phase III study was jointly conducted by PAION and Forest and enrolled a total of 186 patients in Europe, USA, Canada, Australia, Hong Kong and Singapore. About Stroke Stroke is the third leading cause of death in the industrialised world and a leading cause of serious, long-term disability. In the US alone, 700,000 people suffer a stroke each year, and around 20% of them die within four weeks. For the US, the American Heart Association expects the financial burden of stroke due to in-hospital costs, long-term care programs and productivity losses to exceed 62 billion dollars in 2007 alone. About PAION PAION is a biopharmaceutical company based in Aachen, Germany (listed at Frankfurt Stock Exchange, Prime Standard, ISIN DE000A0B65S3). It aims to become a leader in developing and marketing innovative drugs for the treatment of stroke and other thrombotic diseases for which there is a substantial unmet medical need. Contact Dr Peer Nils Schroeder, Investor Relations / Public Relations PAION AG Martinstrasse 10-12 52062 Aachen - Germany Tel. +49 241 4453-152 E-mail pn.schroeder@paion.de www.paion.de --- End of Message --- PAION AG Martinstrasse 10 - 12 Aachen Germany WKN: A0B65S; ISIN: DE000A0B65S3; Index: Prime All Share, CDAX; Listed: Prime Standard in Frankfurter Wertpapierbörse, Amtlicher Markt in Frankfurter Wertpapierbörse, Freiverkehr in Bayerische Börse München, Freiverkehr in Börse Stuttgart;


 

Milan, Italy, October 18, 2007 - BioXell S.p.A. (SWX: BXLN) reports that Schroders Investment Management Limited yesterday informed the SWX Swiss Exchange (SWX) and the Company that it has increased its stake in the share capital of BioXell S.p.A. to 355,495 shares, representing 6.61% of the voting rights and thereby exceeding the 5% reporting threshold. About BioXell BioXell (SWX: BXLN) is a biopharmaceutical company focused on the discovery and development of drugs that exploit novel mechanisms of action to treat important urological, inflammatory, and related disorders with significant unmet medical needs. The Company was founded in 2002 as a spin-out from Roche. BioXell's strategic goal is to become a fully integrated pharmaceutical company by maximizing the commercial potential of its product portfolio and leveraging existing platforms into profitable partnerships. BioXell's lead compound, Elocalcitol, derived from its proprietary VD3 (Vitamin D3) technology platform, has successfully completed a Phase IIb clinical trial for Benign Prostatic Hyperplasia (BPH) and is currently in a Phase IIb clinical trial for Overactive Bladder (OAB), with a Phase IIa trial for male infertility scheduled for the fourth quarter of 2007. In addition, the Company has several follow-on programs based on both VD3 and other technological platforms. These include BXL746, to enter Phase IIa trials for post-surgical adhesions in 2008; MNAC13, an innovative new approach to the treatment of pain; and the TREM platform, with TREM-1 in development for the treatment of inflammatory conditions. In June 2006, BioXell listed its shares on the main segment of the SWX Swiss Exchange. BioXell currently employs 58 people and has sites in Milan, Italy and Nutley, NJ, USA. More information on BioXell can be found at: www.bioxell.com For further information, please contact: BioXell S.p.A. Rochat & Partners Alvise Sagramoso or Angela Evans Christophe Lamps or Jonathan Tel: +39 (0)2 210 49 51 Leighton Fax: +39 (0)2 210 49 529 Tel: +41 22 718 37 46 alvise.sagramoso@bioxell.com Fax: +41 22 786 54 58 angela.evans@bioxell.com clamps@rochat-pr.ch jleighton@rochat-pr.ch --- End of Message --- bioXell S.p.A via Olgettina 58 Milan Italy WKN: A0J3MW; ISIN: IT0004069933 ; Listed: Main Market in SWX Swiss Exchange;


 

18 October 2007 LSE ANNOUNCEMENT UPDATE ON THE GOONDICUM INDUSTRIAL MINERALS PROJECT * PROJECT NOW IN PRODUCTION * FIRST COMMERCIAL SALE THIS MONTH The Board of Monto is pleased to announce that the industrial minerals project of Monto Minerals Limited at Goondicum in central Queensland is now in production. The multi-product project is being developed to produce ilmenite (for paint, paper and plastic pigment), glass feldspar (for glass manufacture), ground feldspar (for paint and powder coating), apatite (for organic fertiliser) and titanomagnetite (for coal washing) for Australian and international markets. The company expects that the first commercial sale will be made before the end of October with the delivery of apatite to the fertiliser company, Ausmin Australia. Export sales of ilmenite and domestic sales of feldspar are expected to commence towards the end of this year. The mine and processing plant are now operating steadily, producing ilmenite, feldspar, apatite and titanomagnetite with stockpiles which are currently the subject of laboratory based quality control reviews. The tonnage of ore from the mine to the plant will be increased gradually to full design capacity to ensure that adjustments and modifications can be rectified as they arise and that the plant remains stable as production grows, whilst the products meet quality specifications. Sufficient water is now being supplied to the Goondicum site to support operations. Supplies had been interrupted previously by repairs to leaks in the water pipeline, developed and operated by the Queensland Government-owned corporation, SunWater. These repairs continue however the extent of remaining work to be done is not expected to affect production schedules. The powerline is scheduled to be completed and transmitting first grid electricity next month. Construction of a washing plant to upgrade the feldspar prior to sale is approaching completion at Dakiel, 25 km by road from Goondicum with commissioning expected to be concluded in November. Work on the design of a grinding plant for titanomagnetite to be installed at Goondicum is continuing. The grinding plant forms part of the original Project Capital Budget. Subject to final Board approval, it remains scheduled to be in production in the first quarter of calendar 2008, and will initially supply trial tonnages to commercial coal washing plants ahead of supply contracts. As notified in the announcement of 11 October, the Goondicum Industrial Minerals Project will be officially opened on 12 November. Monto Chairman Mr Peter Slaughter said this would mark a milestone in the history of the Company in addition to providing a positive development to the region. Enquiries to: +-----------------------------------------------+ | Geoffrey Moore | | |--------------------------+--------------------| | Monto Minerals Ltd | +61 (0)7 3034 3100 | |--------------------------+--------------------| | | | |--------------------------+--------------------| | Richard Brown | | |--------------------------+--------------------| | Ambrian Partners Limited | 020 7776 6400 | +-----------------------------------------------+ For further information on Monto Minerals please visit the Company's website at http://www.montominerals.com ---END OF MESSAGE---


 

The CDMA2000 1xEV-DO Revision A Network Launched by Nordisk Mobiltelefon Marks the World's First Deployment of Its Kind in the 450 MHz Band COSTA MESA, Calif., Oct. 18, 2007 (PRIME NEWSWIRE) -- The CDMA Development Group (CDG) today congratulated Nordisk Mobiltelefon (NMT) on the successful launch of its CDMA2000(r) 1xEV-DO Revision A (Rev. A) network in Norway on October 15th. This significant milestone marks the first Rev. A deployment in the world within the 450 MHz band. Within the next few weeks, NMT will launch Rev. A in Sweden to continue its competitive build-out of fixed wireless and advanced mobile broadband services in the urban and rural areas of Western Europe. "The CDG congratulates Nordisk Mobiltelefon on forging ahead with the deployment of Rev. A in the valuable 450 MHz frequency band," said Perry LaForge, executive director of the CDG. "The availability of Rev. A services has exploded across the world within the past year. More than 600 million people now have access to Rev. A networks. Based on its enhanced user experience, superior economics and the availability of affordable devices, the technology has proven to be the optimal choice for both developed and emerging markets." Rev. A, a well established mobile broadband technology, has now been deployed across all of the existing CDMA frequency bands, 450, 800, 1700, 1900 and 2100 MHz. There are currently 12 Rev. A networks in commercial operation across the globe, including high-profile deployments in North America, Japan and China. Another 32 Rev. A networks are currently being deployed, mostly in emerging markets. The CDG expects most CDMA operators to upgrade to Rev. A in the near future. In addition, there are currently more than 38 Rev. A devices available from 17 suppliers. Nordisk Mobiltelefon in Norway is one of 107 CDMA2000 operators in 60 countries that have or are planning to deploy CDMA2000 services in the 450 MHz band. Rev. A allows consumers to listen to and share the highest-quality stereophonic music, capture and share high-resolution photography and personal videos, and watch real-time television, video and mobile movies -- with affordable and easy-to-understand tariff plans. Rev. A also supports multicasting and delay-sensitive services such as voice over IP (VoIP), Push-to-Multimedia (PTM), social multimedia networking, and rich 3D gaming with multiple players. Rev. A wireless devices can reliably download data from the Internet at average user data speeds of 600-1400 kbps, peaking up to 3.1 Mbps in a mobile environment. Rev. A also enables users to upload data to the network at average speeds of 500-800 kbps, peaking up to 1.8 Mbps. "We are very excited about our Rev. A launch," said Per Mansson, CEO of Nordisk Mobiltelefon. "Our subscribers now can take full advantage of Rev. A's lower latency and increased broadband speeds in both directions to further enhance the advanced mobile applications they have come to enjoy. Our extended broadband coverage combined with Rev. A allows us to substantially increase the value of our service to our customers and fortify our brand image for the long term." About CDMA2000 CDMA2000 is the most widely deployed 3G technology, with 241 operators in 99 countries, including 79 CDMA2000 1xEV-DO systems, serving more than 378 million subscribers. Counting 2G cdmaOne subscribers, there are more than 400 million CDMA users worldwide. CDMA2000 has become the technology of choice for developed and emerging market operators, and is deployable in the 450, 700, 800, 1700, 1900 and 2100 MHz bands. More than 1,700 CDMA2000 devices from over 92 suppliers have been introduced to the market, including more than 460 1xEV-DO and 35 Rev. A devices. More information on CDMA2000 is available on the CDG Web site at www.cdg.org. About CDG The CDMA Development Group is a trade association formed to foster the worldwide development, implementation and use of CDMA2000 technologies. The more than 130 member companies of the CDG include many of the world's largest wireless carriers and equipment manufacturers. The primary activities of the CDG include development of CDMA2000 features and services, public relations, education and seminars, regulatory affairs and international support. Currently, there are more than 500 individuals working within various CDG subcommittees on CDMA2000-related matters. For more information about the CDG, contact the CDG News Bureau at +1-714-540-1030, or visit the CDG Web site at www.cdg.org. The CDG logo is available at http://www.primenewswire.com/newsroom/prs/?pkgid=2911 Note to editors cdmaOne is a registered trademark of the CDMA Development Group. CDMA2000 is a registered trademark of the Telecommunications Industry Association (TIA-USA). CONTACT: CDG News Bureau Ricca Silverio +1-714-540-1030 CDG@bockpr.com


 

ZEELAND, MI--(Marketwire - October 17, 2007) - Gentex Corporation (NASDAQ: GNTX), the leading supplier of automatic-dimming rearview mirrors to the worldwide automotive industry, has announced that its rear camera display mirror will be available for the popular Toyota Camry in the Gulf States Toyota (GST) region of the United States. GST distributes to all the Toyota dealerships in the states of Arkansas, Louisiana, Mississippi, Oklahoma and Texas. The vehicle's interior mirror contains a display that works with a video camera to provide a view of the scene directly behind the vehicle while backing up. "With recent public demand and interest in adding Rear Camera Display to new vehicles, Gentex is able to offer an affordable kit upgrade for the Camry," said Gentex Senior Vice President Enoch Jen. "The mirror is the ideal location for a backup camera display because it's an intuitive location that allows the driver to view the display and the reflected scene simultaneously. This allows Camry drivers the convenience of gaining a full field of view while a vehicle is in reverse just by looking at the rearview mirror." A 2.4-inch diagonal liquid crystal display (LCD) appears automatically through the auto-dimming mirror's reflective surface when the vehicle is shifted into "reverse," and disappears when the vehicle is shifted into any other gear. The unique capability for the display to appear through the mirror's surface is made possible by Gentex's proprietary "transflective" coatings and lighting techniques, which result in a bright, high-resolution image. The backup assist video display system is available as a dealer-installed or port-installed option that includes a rear-mounted camera and is available in GST's market. "Installation of this kit is relatively quick and easy, making it convenient for both the customer and the dealer," stated Jen. Founded in 1974, Gentex Corporation (NASDAQ: GNTX) is an international company that provides high-quality products to the worldwide automotive industry and North American fire protection market. Based in Zeeland, Michigan, the Company develops, manufactures and markets interior and exterior automatic-dimming automotive rearview mirrors that utilize proprietary electrochromic technology to dim in proportion to the amount of headlight glare from trailing vehicle headlamps. Many of the mirrors are sold with advanced electronic features, and more than 96 percent of the Company's revenues are derived from the sale of auto-dimming mirrors to nearly every major automaker in the world. FINANCIAL MEDIA AND INVESTOR CONTACT: Connie Hamblin 616/772-1800 GENERAL MEDIA CONTACT: Craig Piersma 616/772-1800 WEBSITE: www.gentex.com


 

MONTREAL, Oct. 17, 2007 (PRIME NEWSWIRE) -- The Euro 2008 qualifier between England and Russia was a success on Luzhniki Stadium's FieldTurf. Despite some pre-game concerns about the surface, the FieldTurf in Russia's historic football venue performed exceptionally well, not only compared to other artificial surfaces but in relation to a good natural grass pitch. Russia defeated England 2-1 on a pitch that performed brilliantly creating crisp play. The first half featured some stellar play on both sides of the ball. Russia was on the attack for a good portion of the half but England's defence stood firm with some excellent play and some notable saves from keeper Paul Robinson. In the 29th minute of the first half, Wayne Rooney delivered what seemed to be a serious blow to the Russian side by striking a beautiful shot right under the crossbar to make it 1-0 England. In the second half, Russia continued its offensive pressure, this time making it count with a goal from Roman Pavluchenko on a penalty kick in the 69th minute and another clutch goal from Pavluchenko in the 73rd minute of play. The Russians were able to hang on amidst a flurry of attacks from the English side to upset favored England 2-1. The FieldTurf surface was consistent and effective throughout the match. Judging from some spectacular ball movement, and steady overall play, the surface was never an issue. Quoted prior to the match, "I am not worried about it (the FieldTurf surface) at all," England Coach Steve McClaren said in a Telegraph interview. "We have done our research over 100 games that have been played on it and there is no difference between the FieldTurf surface and grass at all. We should have no fears about it at all. The game is no different. There's absolutely no excuse." Paul Robinson, the goalkeeper undone by a divot on natural grass in Croatia last year, interviewed by 'The Independent' said: "It (FieldTurf) must be of good quality and we can't be putting excuses in the way." The players from both teams executed brilliantly on the surface and for good reason. Speed of play and execution are major components for footballers and what we witnessed throughout the match was a high-quality proven surface that is ideal for the highest levels of football competition. "We're thrilled but not surprised that the surface at Luzhniki Stadium performed extremely well for the England vs. Russia qualifier," stated FieldTurf Tarkett CEO David Moszkowski. "The FieldTurf surface at Luzhniki has already passed two rounds of rigorous FIFA testing, both times earning FIFA's prestigious 2-Star designation for synthetic turf surfaces. Watching the match today, it was evident that the players were able to demonstrate their skill on FieldTurf, all while not having to worry about the pitch being an issue. In all weather conditions, FieldTurf has proven to be the ideal football pitch providing truer rolls and smooth play." FIFA has supported artificial surfaces since the very beginning. The world's football governing body has long praised artificial turf for "the enormous benefits it brings to the global development of soccer." From June 30th - July 22nd, 2007 that development took center stage as the world's elite young talents competed in the FIFA U-20 World Cup Canada 2007. Almost half of the 52 games including the semi-finals and 2007 FIFA U-20 World Cup Final were featured on the FieldTurf installations at BMO Field in Toronto and at Montreal's Olympic Stadium. The FieldTurf pitches received extremely favorable comments from the world's elite young footballers. FIFA Vice-President Jack Warner is a firm believer in the quality of top-grade new generation artificial turf and the many benefits it brings to the game of football worldwide. "FieldTurf is the future of football worldwide. At the Champions League in Europe, this is exactly the type of turf on which they play." The FieldTurf at Luzhniki Stadium in Moscow has received FIFA 2-Star recommended status twice. The FieldTurf pitch is the latest in synthetic turf innovation and was initially installed in June 2006. It first passed the stern FIFA testing procedures in July 2006. One year later, in July 2007, after a heavy amount of professional football and events, it came time to retest the field for the same football-like playability characteristics. To nobody's surprise, FieldTurf passed with flying colours. This FieldTurf system was designed to mirror the playing characteristics of professional football and has the ability to host FIFA final round competitions and top UEFA competitions with its FIFA 2-Star Recommended status. The FieldTurf system has been proven to provide the same amount of energy restitution as natural grass. Athletes from all over the globe have continuously stated that it is much more pleasant to play on FieldTurf because it increases shock absorbency, provides a solid, grass-like "artificial earth" for proper bio-mechanics and safety, and delivers grass-like energy restitution so players do not tire or adjust their playing styles. Coupled with its revolutionary monofilament technology, the FieldTurf product provides ideal ball bounce and ball roll properties giving it a reputation as the industry's premier specialized football surface. With FieldTurf, a through-ball settles down like it would on natural grass instead of running away from the player. FieldTurf Tarkett is the largest entity in the sports surfacing industry and provides unparalleled leasing capabilities, engineering and manufacturing resources. In addition to its world-renowned FieldTurf and Prestige brands of artificial turf, FieldTurf Tarkett provides an equally impressive range of products that includes synthetic and hardwood basketball, volleyball and gymnasium flooring, squash and racquetball courts, floor protection and covering systems, and weight room flooring. Also in the range of FieldTurf Tarkett products are indoor and outdoor running tracks including the high performance 'Le Monde' track system, playground surfacing, and a complete range of tennis and golf surfaces. For more information, please visit www.fieldturftarkett.com CONTACT: FieldTurf Tarkett Pierre Debleme +33 1 41 20 45 05 Darren Gill (800) 724-2969


 

(17 October 2007) Telenor's Research and Innovation Prize 2007, which consists of NOK 250 000, has been awarded Assistant Professor Øystein Foros at The Norwegian School of Economics and Business Administration and Senior Researcher Bjørn Hansen at Telenor Research and Innovation. The pair won the Prize for their groundbreaking efforts to develop business models and analyses of competitive regimes in today's marketplace, in which the telecoms, Internet and media industries converge. The Prize was presented to the winners by Executive Vice President at Telenor, Hilde Tonne, on Wednesday 17 October, at the Technoport Awards in Trondheim, Norway. Øystein Foros Bjørn Hansen The role of innovation in the development of the communications society Telenor's Innovation Prize aims to emphasise the importance of research and innovation in the development of the modern communications society. The jury had prepared the following theme for this year's award: "The development of business models, roles and competitive regimes in light of the convergence that is taking place in the mobile, communications and media industries". "This year's award underscores Telenor's strong focus on innovation. We are pleased to see that the development of innovative business models is recognised in this way. At Telenor, we are clearly seeing how our focus on innovation plays a decisive role with respect to our development in markets around the world," says Hilde Tonne. Pioneers within business models Over a ten-year period, the two winners have been pioneers in generating new initiatives, in the theoretical field as well as in practice, relating to network businesses such as Telenor, with the new competitive regimes as the backdrop. At a very early stage, they recognised the importance of the Internet, but were never dazzled by the so-called 'new economy'. They were also able to defend their claims and contributed significantly as Telenor made many right choices during these turbulent times. It is the view of the jury that the two researchers have achieved striking results, and further, that they have a bright future ahead of them. "Through their models the two prize winners have contributed significantly to bring out the added value of Internet based networks. This is a key contribution to the Nordic telecommunications industry," says Vice President Berit Svendsen at Telenor. User driven demand Since the Norwegian telecommunications monopoly was dissolved, the competition in the market has contributed strongly to give users new and improved services at lower cost. Today, nearly everyone carries a mobile handset, and customers are offered much more than just voice services. New players have entered the market, and traditional players assume new roles. User demand is key to bring new products to the marketplace. In addition, the Internet also represents a major shift in the industry. The Internet has created expectations among most people that the Internet should offer content free-of-charge. At the same time that users are fighting for free access to web content, both large and small content providers are struggling to protect their own copyrights. International jury Telenor's Research and Innovation Prize was established to reward efforts to promote innovation within IT and telecommunications, and comprises technology and services as well as economic and market conditions. The Prize consists of a diploma and a sum of NOK 250 000, and may be presented to individuals or teams within the Nordic countries. The jury is international, with members from Norway, Sweden, Denmark, Finland and the UK, and is chaired by Berit Svendsen. Each jury member provides a substantiated ranking of the candidates, before a winner is selected based on a joint, overall evaluation. The jury's decision in 2007 was unanimous. For more information, please contact: Eunike Ditlefsen, Head of Information at Telenor, Tel: +47 909 23 556 E-mail: eunike.ditlefsen@telenor.com For more information about Telenor's Research and Innovation Award please visit our R&I site Press photos: High resolution Images of the winners will be published on the Technoport website at approximately 21:45 CET on Wednesday 17 October.


 

REDWOOD CITY, CA--(Marketwire - October 17, 2007) - Tectura Corporation, a leading global provider of Microsoft integrated business solutions to mid-market companies, larger enterprises and their divisions, announced today that its Applied Engineering Solutions division has been awarded ISO 9001:2000 and AS9100 Rev B certifications by BSI Management Systems, a global provider of independent third-party certification of management systems. BSI has certified that Tectura Applied Engineering Solutions operates a Quality Management System which complies with the requirements of AS9100 Rev B and ISO 9001:2000 for the design, development, integration, test and support of custom airborne software systems. Tectura currently provides loadable software parts for Boeing 777 and 787 airplanes. "These certifications are a key milestone which underlines Tectura's commitment to delivering high-quality solutions for our clients and further identifies Tectura as a world-class service organization," said Ben Bicknell, executive vice president of the Tectura Applied Engineering Solutions division. "With this significant accomplishment and validation, our aerospace clients can be even more confident that our Quality Management System meets the highest standards of quality -- standards that are recognized and respected throughout the world." Tectura's Applied Engineering Solutions division, located in Bellevue, Washington, is comprised of senior system engineers, architects, and consultants who specialize in improving complex systems and solutions for clients whose products and processes must meet the most demanding regulatory controls and requirements. For over 20 years, the Tectura Applied Engineering Solutions team has been an integral part in implementing best practice processes in certification and systems integration at large and mid-tier aerospace manufacturers, architecting new aircraft information management strategies, and contributing to the next generation in air traffic management systems. From initial concept through testing and validation, Tectura Applied Engineering Solutions develops, manages and produces solutions that lead to better products and processes -- reducing risk, speeding time to market, ensuring better performance, and instilling competitive advantage. About Tectura Corporation Tectura is a leading Microsoft Dynamics(TM) partner and global services company providing Microsoft-based ERP, CRM, and technology solutions to mid-market companies, larger enterprises and their divisions. Tectura delivers exceptional and sustained value by providing software, consulting, and IT implementation services to clients in the distribution, manufacturing, healthcare, and service-based industries. Through these services, Tectura has delivered business process improvements, greater efficiency, and a clear competitive edge to more than 5,000 clients. Clients benefit from unmatched experience and a solid commitment from more than 1,850 dedicated Tectura employees in 60 offices throughout the Americas, Europe, the Middle East, and Asia Pacific. A Microsoft Gold Certified Partner, Tectura has been recognized by Microsoft for its outstanding customer service with such awards as Microsoft Business Solutions Inner Circle Partner, Pioneer of the Year, Partner of the Year (multiple regions), Global Partner of the Year, Fastest Growing Partner of the Year, Excellence in Customer Care, and the Customer Loyalty Award. Learn more at: www.tectura.com. Special Note Regarding Forward-Looking Statements This press release contains "forward-looking statements" relating to, without limitation, future economic performance, plans, and objectives of Tectura Corporation for future operations and projections of revenue and other financial items that are based on the beliefs of, assumptions made by, and information currently available to Tectura Corporation. The words "expect," "estimate," "anticipate," "believe," "intend," "plan" and similar expressions and variations thereof are intended to identify forward-looking statements. The cautionary statements in this press release and the assumptions used in the preparation of the forward-looking statements identify and involve important factors with respect to such forward-looking statements, including certain risks and uncertainties, which could cause actual results or the benefits that Tectura Corporation might derive to differ materially from those expressed in or implied by such forward-looking statements. The names of actual companies and products mentioned herein may be the trademarks of their respective owners. For more information, please contact: Chandra Petrzelka 650-585-5556 chandra.petrzelka@tectura.com


 

Instead of publishing the 3rd Quarterly Report on October 25th it will be published on October 29th, 2007. For further information please contact: Bellevue Asset Management AG, Seestrasse 16, 8700 Küsnacht, Schweiz Anja Stubenrauch or Adrian Brüngger, Tel. +41 44 267 67 00 --- End of Message --- BB BIOTECH AG Vordergasse 3 Schaffhausen Switzerland WKN: 888509; ISIN: CH0001441580; Index: SBIOM, IGSP, SLIFE; Listed: Investment Companies in SWX Swiss Exchange;


 

Cooperation with Boingo Wireless, Earthlink and The Cloud enable Wi-Fi connectivity across thousands of different locations globally. Web 2.0 Summit 2007, San Francisco, CA, USA - Nokia today introduced the Nokia N810 Internet Tablet, signifying a new phase in portable internet communication. You have ability to connect this pocket-sized device to the nearest Wi-Fi hotspot or over your Bluetooth mobile phone. The Nokia N810 allows you to make internet calls; check your Google Mail or Facebook Account; watch the latest videos on YouTube or update your blog using the device's slide-out keyboard along with its stunning touch screen. Its built-in maps and satellite navigation helps you to find your way. It is expected to start shipping mid November with an estimated retail price of 479 USD (excluding local taxes). Bringing you closer to communities Whether you are at home, in the park or in a coffee shop, with the Nokia N810 you will never be far away. With the ability to check emails, read the latest gossip online or IM to your friends, share your moods on your favorite social sites; call via Skype, or get closer by the Gizmo video chat - with the integrated VGA camera - you'll never be far away from those you want to keep in contact with.. Keeping you on the right track You may feel lost without it, but with the Nokia N810, you'll never lose your way. The Nokia N810 has an integrated GPS receiver which allows you to pinpoint your position and find a wide variety of points-of-interests using the pre-loaded maps. Upgrade to Wayfinder's voice-guided navigation for turn-by-turn directions and explore the world on foot or in the car. Never be bored again Whether you're traveling on the trip of a lifetime or on your daily commute to work, the Nokia N810 is the perfect traveling companion. No Wi-Fi connection on your journey? No need, the Nokia N810 offers up to 45 hours of music playback and memory to store up to 7,500 songs on an optional 10GB memory card*. Its large (4.13"), sharp (800x480 resolution) wide screen makes for a magical experience right in the palm of your hand. "The Nokia N810 packs the power of a traditional computer into a pocket-sized format. Its open standard technology accelerates the convergence of multiple functionalities and services into a single device", said Ari Virtanen, Vice President, Convergence Products, Multimedia, Nokia. "Our new Nokia N810 offers users a true Web 2.0 experience in a compact, stylish, yet affordable package - it connects people to what matters to them." The Nokia N810 is powered by maemo Linux based OS2008, updatable also on the Nokia N800, the previous internet tablet generation hardware. The Nokia N810 features a highly customizable user interface and contains various novelties such as a Mozilla based browser with Ajax and Adobe flash 9, Bluetooth headset support as well as enhanced video and audio features. The refreshed Video Gizmo, Skype and Rhapsody highlight some most popular downloads available while Boingo Wireless, Earthlink and The Cloud enable Wi-Fi connectivity, across thousands of different locations globally. Today, Forum Nokia also announced the launch of maemo platform support services for software developers and companies around the world via forum.nokia.com. Currently, Forum Nokia has more than 3.4 million registered users, developing leading mobile applications on Symbian Series 40 and Series 60 platforms. This professional support service complements the developer offering with maemo.org, an open source community sponsored by Nokia. *Capacity based on 3:45 per song and 128 kbps MP3 encoding. Print quality photos available at www.nokia.com/press/photos About Nokia Nseries Nokia Nseries is a range of high performance multimedia computers that delivers unparalleled mobile multimedia experiences by combining the latest technologies with stylish design and ease of use. With Nokia Nseries products, consumers can use a single device to enjoy entertainment, access information and to capture and share pictures and videos, on the go. www.nseries.com About Nokia Nokia is the world leader in mobility, driving the transformation and growth of the converging Internet and communications industries. Nokia makes a wide range of mobile devices and provides people with experiences in music, navigation, video, television, imaging, games and business mobility through these devices. Nokia also provides equipment, solutions and services for communications networks. Media Enquiries: Nokia, Multimedia Communications Tel. +358 7180 45667 Nokia Communications Tel. +358 7180 34900 Email: press.office@nokia.com www.nokia.com --- End of Message --- NOKIA P.O. Box 226<br>FIN-00045 NOKIA GROUP Espoo WKN: 870737; ISIN: FI0009000681; Index: DJ STOXX Large 200, DJ STOXX 50; Listed: Nordic list (Large Cap) in THE HELSINKI STOCK EXCHANGE;


 

Mortsel (Belgium), October 17, 2007 Agfa-Gevaert today announced preliminary figures for the third quarter. During this period, several internal and external factors had a considerable negative impact on the Group's results. Although the Group succeeded in substantially lowering its sales and general administration costs, profitability was affected by continuous high raw material costs (plus 17 million Euro compared to Q3 2006) and the further depreciation of the US dollar which weakened the Group's competitiveness, especially in HealthCare. In addition, there was a delay in the roll-out of Graphics' industrial inkjet systems. In the third quarter, Agfa Graphics' sales remained stable compared to last year, contrary to the decline during the first half of 2007 which resulted from the 2006 price increases and the discontinuation of some unprofitable analog business. Sales amounted to 400 million Euro, a slight increase in local currency. Despite the negative impact of high aluminum and silver costs, the profitability of the prepress segment (EBIT margin of approx. 7 percent) has slightly improved due to the implementation of the cost savings plan. On the other hand, the market introduction of Agfa Graphics' industrial inkjet portfolio is taking more time than foreseen. Due to this delay, and taking into account the drupa fair in June 2008, Agfa expects the inkjet segment to be profitable in 2009. Taking into account all these elements, the recurring EBIT of Graphics for the third quarter will be in the range of 12 to 15 million Euro. Sales and profitability of the fourth quarter are expected to be in line with the fourth quarter of last year. Sales of Agfa HealthCare amounted to 319 million Euro in the third quarter, a decline of 6 percent compared to last year or 3 percent at stable exchange rates. The main reasons for the decline were the strength of the Euro with an additional effect on price erosion and the decline in medical film sales in some regions due to unexpected high stock levels at dealers. Recurring EBIT was affected by the weaker sales, negative mix and currency effects and higher silver costs. In addition, one-off effects for a total of 7 million Euro, were booked during the quarter. As a result, recurring EBIT for the third quarter will be in the range of 5 to 8 million Euro. After the unsatisfactory results of the second quarter, several measures were taken to improve HealthCare's operational performance. * The HealthCare management has been changed and reinforced. The former HealthCare President left the company and the search for his replacement is ongoing. Carl Verstraelen has already joined the business group as Vice President Finance and Controlling in September. * The business group is in the process of being reorganized in order to increase the accountability and responsibility of the business units. * The portfolio of trade receivables was fully analyzed. During the fourth quarter, the focus will be on reducing overdues, e.g. by centralizing the collection of receivables. * The first beneficial effects of the stricter discipline related to the costs savings program were realized. As a result, SG&A costs decreased by 9 percent in the third quarter, compared to a decrease by 4 percent in the first 6 months. Additional effects from these savings will be seen in the next few quarters. * Regarding the international roll-out of ORBIS and in order to speed up the profitability, it was decided to harvest in 2008 on the investments already made. This will allow the Group to better align the necessary investments related to the roll-out with the expected revenue stream Taking into account the traditionally higher sales in the fourth quarter and the additional impact from cost savings, Agfa HealthCare is expected to restore its EBIT margin to a level above 10 percent in the fourth quarter 2007. Agfa Specialty Products posted solid third quarter sales of 69 million Euro, an increase of 17 percent compared to last year. Its profitability is affected by higher silver costs and negative mix effects. The recurring EBIT of Specialty Products for the third quarter will therefore be in the range of 6 to 8 million Euro. For the full year 2007, Specialty Products is expected to be in line with its target margins of 12 to 15 percent. For the full year 2007, the Group expects sales in line with last year at stable exchange rates and a recurring EBIT margin of approximately 6 percent. Agfa-Gevaert will present its full third quarter results as planned on October 31, 2007. About Agfa The Agfa-Gevaert Group is one of the world's leading imaging and information technology companies. Agfa develops, manufactures and markets analogue and digital systems for the printing industry (Agfa Graphics), the healthcare sector (Agfa HealthCare) and specific industrial applications (Agfa Materials). Agfa's headquarters are in Mortsel, Belgium. The company is present in 40 countries and has agents in another 100 countries throughout the world. The Agfa-Gevaert Group achieved a turnover of 3,401 million Euro in 2006. Contact: Agfa-Gevaert Katia Waegemans Director Corporate Communication tel. ++32 (0)3/444.7124 fax. ++32 (0)3/444.4485 e-mail: katia.waegemans@agfa.com


 

Internal Auditors to Benefit from Expanded Suite of Leading Solutions and Services from CCH (Riverwoods, Ill. October 17, 2007) - Wolters Kluwer Tax and Accounting has signed an agreement to acquire from PricewaterhouseCoopers LLP, TeamMate - the leading integrated audit productivity software suite serving corporate internal audit departments and government agencies in 96 countries. Wolters Kluwer Tax and Accounting, a unit of Wolters Kluwer, is a leading provider of tax and accounting information, services and software solutions serving professionals worldwide under the CCH brand name. Over 56,000 auditors from more than 1,500 organizations worldwide use TeamMate to increase the efficiency and productivity of the entire audit process including risk assessment, scheduling and timekeeping, workpaper preparation and review, report generation and audit issue tracking. Customers include Fortune 100 and Fortune 500 corporations, small- and medium-size enterprises and government agencies. "The acquisition will be great news for internal audit professionals worldwide," said Wolters Kluwer Tax and Accounting CEO Kevin Robert. "TeamMate customers will benefit from CCH's premiere content, software and support as we build on the product excellence with which PricewaterhouseCoopers has served them, and also expand the range of services provided as part of the TeamMate suite. We are truly excited about the opportunity we have to extend our long history of tax and accounting leadership to internal audit professionals." "We're pleased that TeamMate is now part of the CCH family," said Anton van Wyk, PricewaterhouseCoopers' Global Internal Audit Services Leader. "Following completion of the sale, PricewaterhouseCoopers will continue to use TeamMate as a component of our global Internal Audit practice and - given the size of our internal audit business - will become one of CCH's largest TeamMate customers. Our clients will benefit from CCH's ability to further develop and enhance TeamMate to retain the product's world class status and meet market demand." CCH holds longstanding leadership in serving tax and accounting professionals around the world. The TeamMate acquisition will further advance CCH as the professional's first choice for authoritative and innovative solutions and services in the corporate and government markets. "TeamMate is an excellent fit for CCH businesses worldwide," said Robert. "The acquisition advances our strategy to further grow in the corporate and government segments by offering a global suite of solutions to serve the internal audit market." The TeamMate suite consists of five key products that can be used independently or with other components of the suite. Those products are: TeamMate EWP, electronic workpaper system; TeamCentral, audit issues tracking; TeamRisk, risk assessment tool; TeamSchedule, advanced scheduling; and TeamMate TEC, time and expense tracking. TeamMate will join CCH's portfolio of market-leading research and software solutions as a distinct product line. There are approximately 40 PricewaterhouseCoopers employees who are dedicated to the TeamMate suite, and they are expected to join the Wolters Kluwer Tax and Accounting organization when the transaction closes. "We are very excited about joining the CCH family," said Mike Gowell, managing director for the TeamMate practice. "We're bringing over the whole team and look forward to taking TeamMate to the next level by leveraging the content and technology of CCH in TeamMate." Closing of the acquisition is subject to a number of customary conditions, including satisfaction of all regulatory requirements. The parties expect the acquisition to be consummated during the next 30-60 days. Terms of the acquisition were not disclosed. About Wolters Kluwer Tax and Accounting Wolters Kluwer Tax and Accounting, a unit of Wolters Kluwer, is a leading provider of tax, audit and accounting research and compliance information, services and software solutions. Serving professionals in the U.S., Canada and Asia Pacific, Wolters Kluwer Tax and Accounting operates in the market as CCH, a Wolters Kluwer business. Customers include professionals in small, medium and large accounting firms and corporate tax and auditing departments. CCH has served tax, accounting and business professionals and their clients since 1913. Wolters Kluwer is a leading global information services and publishing company. The company provides products and services for professionals in the health, tax, accounting, corporate, financial services, legal and regulatory sectors. Wolters Kluwer has annual revenues (2006) of ¤3.4 billion, employs approximately 18,450 people worldwide, and maintains operations across Europe, North America, and Asia Pacific. Wolters Kluwer is headquartered in Amsterdam, the Netherlands. Its shares are quoted on the Euronext Amsterdam (WKL) and are included in the AEX and Euronext 100 indices. For more information, visit www.wolterskluwer.com. About PricewaterhouseCoopers PricewaterhouseCoopers (www.pwc.com) provides industry-focused assurance, tax and advisory services to build public trust and enhance value for its clients and their stakeholders. More than 146,000 people in 150 countries across our network share their thinking, experience and solutions to develop fresh perspectives and practical advice. "PricewaterhouseCoopers" refers to the network of member firms of PricewaterhouseCoopers International Limited, each of which is a separate and independent legal entity. Contact PricewaterhouseCoopers LLP: Kathryn Oliver, +1 860 241 7333, kathryn.oliver@us.pwc.com Contact: Leslie Bonacum Kevin Entricken Director of Communications Vice President, Wolters Kluwer Tax, Accounting & Investor Relations Legal Wolters Kluwer nv + 1 847 267 7153 + 31 (0)20 6070 407 mediahelp@cch.com ir@wolterskluwer.com Forward-looking Statements This press release contains forward-looking statements. These statements may be identified by words such as "expect," "should," "could," "shall," and similar expressions. Wolters Kluwer cautions that such forward-looking statements are qualified by certain risks and uncertainties that could cause actual results and events to differ materially from what is contemplated by the forward-looking statements. Factors which could cause actual results to differ from these forward-looking statements may include, without limitation, general economic conditions; conditions in the markets in which Wolters Kluwer is engaged; behavior of customers, suppliers, and competitors; technological developments; the implementation and execution of new ICT systems or outsourcing; and legal, tax, and regulatory rules affecting Wolters Kluwer's businesses, as well as risks related to mergers, acquisitions, and divestments. In addition, financial risks such as currency movements, interest rate fluctuations, liquidity, and credit risks could influence future results. The foregoing list of factors should not be construed as exhaustive. Wolters Kluwer disclaims any intention or obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise.


 

Poster Details New Metrics for Measuring Accuracy of 2DGE Image Analysis Experiments LUND, SWEDEN--(Marketwire - October 17, 2007) - Ludesi AB, provider of the industry-leading Image Analysis Service for 2-dimensional electrophoresis gels, presented results from an extensive study on how to optimize discovery potential in 2D gel image analysis at the International HUPO conference held in Seoul, South Korea last week. The study is based on customer data from 30 different 2D gel image analyses projects comprising 474 gel images analyzed by market-leading software such as PDQuest, DeCyder, Progenesis, Progenesis with SameSpots, Image Master and Ludesi. "The aim of this study is to find and define metrics that can be used to optimize discovery potential and minimize false discovery rate in 2D gel image analysis," says Ola Forsstrom-Olsson, founder and CEO of Ludesi. "Even though 2D gel image analysis software has been around for decades, there is still no really good way of measuring or estimating how reliable and complete an image analysis is. Our study results clearly indicate that it is possible to measure and predict discovery potential and false discovery rate in 2D gel image analysis." The poster titled "How to Predict Discovery Potential and False Positives in 2-Dimensional Electrophoresis Image Analyses" can be viewed at: http://www.ludesi.com/references.htm About Ludesi 2D Gel Image Analysis Service In two-dimensional gel electrophoresis (2DGE) experiments, the image analysis plays a crucial part in the overall reliability and accuracy of the results from an experiment. The Ludesi Image Analysis Service is designed for scientists and researchers at medical institutions and biopharmaceutical companies that want fast, high quality image analysis results without the cost of software or time required to manually produce analysis results. Ludesi is able to produce unbiased, consistent, reliable results compared to using conventional software, and at the same time, significantly reduce the false discovery rate among the results. Because it is a service, scientists and researchers do not have to purchase software, be trained, or spend valuable time performing the analysis. About 2-Dimensional Gel Electrophoresis Two-dimensional gel electrophoresis (2DGE) is a key technology in the growing field of proteomics, which involves the study of protein structure, expression and function within a cell. The study of the proteome is of vital importance because most diseases are discovered from biomarkers produced at the level of protein activity. Accurate detection and analysis of the characteristics, changes, and shapes of key proteins can speed up the identification of new drug targets that can be used to diagnose and treat diseases. In two-dimensional gel electrophoresis (2DGE) experiments, the image analysis plays a crucial part in the overall reliability and accuracy of the results from an experiment. About Ludesi AB Ludesi is a global provider of bioinformatics solutions to the life science industry. The company is serving some of the most prestigious research facilities in the world with image analysis of 2D electrophoresis gels on a per-sample basis. Ludesi's analysis is performed at the Ludesi Analysis Center with proprietary software technology and strict quality control to ensure accurate and reliable results. Further information can be found at www.ludesi.com. Ludesi is a Registered Trademark of Ludesi AB. All other trade names and trademarks are the property of their respective owners. EU Media Contact: Sofia Ljunggren Ludesi AB Ph: +46 46 285 5515 Email: sofia.ljunggren@ludesi.com U.S. Media Contact: Joe Waldygo TopSpin Communications, Inc. Ph: 480-632-5050 Email: joe@topspinpr.com


 

Kongsberg Automotive Holding ASA will on Tuesday the 23rd of October at 08.30 present the results for 3rd quarter 2007 to the analyst, investors and media at Høyres Hus, Stortingsgt 20, Oslo. Light refreshments will be served. The presentation will also be broadcasted live on the Kongsberg Automotive internet (www.kongsbergautomotive.com). The web cast will start approximately 08.30. The quarterly report will be distributed in the evening on the 22nd of October. Please register your interest to participate by e-mail to ir@ka-group.com or by calling CFO Trond Stabekk on 32 86 86 18 - 982 14 054.


 

NOT FOR RELEASE, DISTRIBUTION OR PUBLICATION, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES *** Guernsey, 17 October 2007 - Volta Finance Limited has published its September monthly report. The full report is attached to this release and is available on Volta Finance Limited's financial website (www.voltafinance.com). As of 28 September 2007, Volta Finance Limited's Gross Asset Value per share was ¤8.93, up 4.6% from 31 August 2007. Gross Asset Value +---------------------------------------------------------+ | | At 28.09.07 | At 31.08.07 | |-----------------------------+-------------+-------------| | Gross Asset Value (GAV - ¤) | 267,949,590 | 256,109,915 | |-----------------------------+-------------+-------------| | GAV per share (¤) | 8.93 | 8.53 | +---------------------------------------------------------+ Volta Finance Limited (the "Company" or "Volta Finance") wishes to take the opportunity of the publication of the September monthly report to comment on the current market conditions and their impact on the Gross Asset Value (the "GAV") of the Company, which is up 4.6% from the end of August to the end of September 2007. This is also an opportunity to emphasise the absence of impairment at the end of September on any of the assets held by Volta Finance on the basis of our current knowledge. The dividend of the Company for the year ended 31 July 2007, whose target at IPO of ¤0.35 remains unchanged, will be announced along the publication of the annual results of the Company on Thursday, 18 October 2007. MARKET ENVIRONMENT* Technical and monetary actions taken by central banks since mid-august throughout the world have shown some positive results in September. Relative stability returned to the corporate credit and leveraged loan market following the Federal Reserve's half-point cut and the injection of liquidity in the banking system. Nevertheless, and particularly on the structured credit markets, some elements of the liquidity crisis are still there and the market expects more monetary policy measures to be implemented in order to support the ongoing stabilisation phase. The tone in corporate credit market in September was positive. Both investment and sub-investment grade markets continued to recover in Europe and the US, leaving the wide rift that had opened between risk-free and risky assets partly behind. From the end of August to the end of September, the 5y European iTraxx index (series 7) tightened 7 basis points to 39.7 bps, while its Crossover counterpart (5y iTraxx European Crossover index series 7) tightened 56 bps to 280 bps. In the US, in the midst of negative property market headlines and a bullish equity market, the 5y CDX index (series 8) tightened 10 bps to 61.75 bps and the 5y CDX Crossover index (series 8) tightened 53 bps to 190 bps. This steady reduction in spreads since the peak of the liquidity crisis at the mid of August means that the most volatile Crossover indices have respectively reduced their spread at their peak by 46% for the CDX Crossover (high of 352 bps on 27 July 2007) and by 41% for the iTraxx Crossover (high of 475 bps on 30 July 2007) at the end of September. The leveraged loans European 5y LevX index (senior series 1), gained approximately 2 points from its end of August level and was trading at 97.83 (mid) as at the end of September. This tentative recovery of the secondary markets could make it easier for banks to process the heavy backlog of loans on their balance sheets. Ever since the leveraged loans market began to suffer in June, the primary market has remained depressed. So far, the few primary market deals that have come through show the distinctive features of better transactions, with their leverage down a few notches from the pre-crisis levels, as well as more covenants. Long gone are the days of cov-lite deals, which had become a daily fixture of the trade press a few months ago. While the prospects for leveraged loans have been getting somewhat better, the same still cannot be said for the structured credit primary markets. At the time of writing, the primary markets in CDOs and equities of ABS remain quasi non-existent after a buoyant first half-year with tightly priced assets. The very few ABS residuals that have been negotiated on the market, which features higher returns than previous deals, indicate a new market environment. Overall, the cost of financing for most of the asset classes remains high and hinders a recovery of the market. On the secondary market, senior and junior tranches of CDOs and ABS continue to be heavily discounted, with low volumes and structured credit market investors remaining few and between. Investors that have been active on the market are usually targeting distressed assets from forced selling operations, which have had a limited upward effect on average market prices. VOLTA FINANCE PORTFOLIO The GAV per share of Volta Finance increased 4.6% from the end of August (¤8.53 per share) to the end of September 2007 (¤8.93 per share), mainly driven by the good mark-to-market performance of the corporate credit assets held by Volta Finance. Corporate credit The GAV of the corporate credit assets held by Volta Finance was up 16.4% in September. As of the end of September, the expected cash flows of those corporate credit assets remain in line with what was expected at their purchase. Leveraged loans The GAV of the leveraged loans Total Return Swap (TRS) was roughly stable in September The derivative leveraged loan market, as shown by the performance of the LevX index in September, has outperformed cash leveraged loans, which compose the leveraged loans TRS. As of the end of September, the expected cash flows of the TRS remain in line with what was expected at their purchase. ABS The GAV of Volta Finance's ABS investments was down 5.8% in September. The overall performance of ABS collateralised by UK non-conforming mortgages (which accounts for 6 of the 7 ABS held by Volta Finance) remains so far in line with our initial expectations. The refinancing crisis in the UK banking system is likely further affect the already undermined capacity of UK borrowers to seek refinancing for their property assets. As mentioned in previous reports, the credit performance of UK non-conforming mortgage pools could be negatively affected. However, the Investment Manager believes that the risk of increasing delinquencies and defaults is mitigated by lower expected prepayments. As of the end of September, the expected cash flows of the ABS held by Volta Finance are in line with what was expected at their purchase. CDO The GAV of Volta Finance's third-party CDOs was roughly stable in September. With regards to CDOs, their performance is driven mainly by the steady credit quality of their underlying assets, which is supported by a default rate that remains at a historical low. As previously highlighted, all the CLOs acquired by Volta Finance have locked in their liabilities on the primary market prior to the summer 2007 credit squeeze. Given the current leveraged loan market environment, CLOs that will reinvest their prepayment proceeds are likely to benefit from higher returns on newly invested assets. As of the end of September, the expected cash flows of the CDOs held by Volta Finance are line with what was expected at their purchase. Index data source: Bloomberg, Deutsche Bank (Full monthly report in attachment or on www.voltafinance.com) *** ABOUT VOLTA FINANCE LIMITED Volta Finance Limited is incorporated in Guernsey under the Companies (Guernsey) Laws, 1994 to 1996 (as amended) and listed on Euronext Amsterdam. Its investment objectives are to preserve capital and to provide a stable stream of income to its shareholders through dividends. For this purpose, it pursues a multi-asset investment strategy targeting various underlying assets. Volta Finance's basic approach to its underlying assets is through vehicles and arrangements that provide leveraged exposure. The exposure to those underlying assets is gained through direct and indirect investment in five principal asset classes: corporate credits, CDOs, ABS, leveraged loans, and infrastructure assets. Volta Finance has appointed AXA Investment Managers Paris, an investment management company with a division specialised in structured credit, for the investment management of all its assets. ABOUT AXA INVESTMENT MANAGERS AXA Investment Managers (AXA IM) is a multi-expert asset management company within the AXA Group, a global leader in financial protection and wealth management. AXA IM is one of the largest European-based asset managers with ¤550 billion in assets under management as of the end of March 2007. AXA IM employs approximately 2,800 people around the world and operates out of 19 countries. CONTACTS Company Secretary Mourant Guernsey Limited volta.finance@mourant.com +44 (0) 1481 715601 Porfolio Administrator Deutsche Bank voltaadmin@list.db.com For the Investment Manager AXA Investment Managers Paris Julien Laplante julien.laplante@axa-im.com +33 (0) 1 44 45 94 92 *** This press release is for information only and does not constitute an invitation or inducement to acquire shares in Volta Finance. Its circulation may be prohibited in certain jurisdictions and no recipient may circulate copies of this document in breach of such limitations or restrictions. This press release is not an offer of securities for sale in the United States. Securities may not be offered or sold in the United States absent registration with the United States Securities and Exchange Commission or an exemption from registration under the U.S. Securities Act of 1933, as amended (the "Securities Act"). Volta Finance has not registered, and does not intend to register, any portion of any offering of its securities in the United States or to conduct a public offering of any securities in the United States. *** This document is being distributed by Volta Finance Limited in the United Kingdom only to investment professionals falling within article 19(5) of the Financial Services and Market Act 2000 (Financial Promotion) Order 2005 (the "Order") or high net worth companies and other persons to whom it may lawfully be communicated, falling within article 49(2)(A) to (E) of the Order ("Relevant persons"). The shares are only available to, and any invitation, offer or agreement to subscribe, purchase or otherwise acquire the shares will be engaged only with, relevant persons. Any person who is not a relevant person should not act or rely on this document or any of its contents. Past performance cannot be relied on as a guide to future performance. *** This press release contains statements that are, or may deemed to be, "forward-looking statements". These forward-looking statements can be identified by the use of forward-looking terminology, including the terms "believes", "anticipated", "expects", "intends", "is/are expected", "may", "will" or "should". They include the statements regarding the level of the dividend, the current market context and its impact on the long-term return of Volta's investments. By their nature, forward-looking statements involve risks and uncertainties and readers are cautioned that any such forward-looking statements are not guarantees of future performance. Volta Finance's actual results, portfolio composition and performance may differ materially from the impression created by the forward-looking statements. Volta Finance does not undertake any obligation to publicly update or revise forward-looking statements. Any target information is based on certain assumptions as to future events which may not prove to be realised. Due to the uncertainty surrounding these future events, the targets are not intended to be and should not be regarded as profits or earnings or any other type of forecasts. There can be no assurance that any of these targets will be achieved. In addition, no assurance can be given that the investment objective will be achieved. ***


 

For Immediate Release 11 October 2007 Intellego Holdings plc ('Intellego' or the 'Company') Significant Shareholding Intellego, the AIM traded e-learning and compliance courseware solutions business, was notified today that Mr Charles Denton now holds 23,569,127 ordinary shares in Intellego, representing a holding of 23.35% of the Company's issued share capital. For further information please contact: Intellego: Angus Forrest / Ranjit Roy-Choudhuri Tel: 0870 428 1250 www.intellego-systems.com Bishopsgate Communications Limited Maxine Barnes / Nick Farmer Tel. 0207 562 3350 Beaumont Cornish Limited Roland Cornish Tel: 0207 628 3396 ---END OF MESSAGE---


 

Ungmennafélag Íslands og Icelandair hafa skrifað undir samstarfssamning til þriggja ára. Björn B. Jónsson, formaður UMFÍ, og Gunnar Már Sigurfinnsson, framkvæmdastjóri sölu og markaðssviðs Icelandair, lýstu mikilli ánægju með samninginn sem þeir telja að hafi mikið gildi fyrir báða aðila segir í tilkynningu.


 

Kaupthing Bank hf. has issued subordinated bonds for the amount of USD 400 million classified as Tier 1 capital according to regulation no. 156/2005 on additional own funds items for financial undertakings. These are perpetual bonds carrying a fixed coupon of 9.00 per cent, which is equivalent to the financing cost of three-month US dollar LIBOR +275 bps, and are callable by Kaupthing Bank five years after the date of issue, provided that the conditions of the above mentioned rules are met. The bonds, which were targeted at retail investors, were sold to 97 investors from 14 countries. The bookrunners were Citigroup, Credit Suisse, Deutsche Bank and Merrill Lynch. Further information: Gudni Adalsteinsson - Chief Treasurer, + 354 444-6126 Jónas Sigurgeirsson - Chief Communications Officer, +354 444-6112 About Kaupthing Bank Kaupthing Bank is a Northern European bank offering integrated financial services to companies, institutional investors and high net worth individuals. These services include corporate banking, investment banking, capital markets services, treasury services and asset management and comprehensive wealth management for private banking clients. The Bank operates in twelve countries, including all the Nordic countries (Denmark, Faroe Islands, Finland, Iceland, Norway and Sweden), Luxembourg, Switzerland, the UK, the US, Dubai and Qatar. Based on Kaupthing's market capitalisation of EUR 9.9 billion as of 31 August 2007, the bank is currently the seventh largest bank in the Nordic region. Through strong organic growth and strategic acquisitions, such as the acquisition in Denmark of FIH Erhvervsbank in 2004 and the acquisition of the UK-based bank Singer & Friedlander in 2005, Kaupthing has successfully increased both the product and geographic diversification of its operations. As of 30 June 2007 the bank has 2,970 employees and total assets of EUR 54.3 billion. www.kaupthing.com


 

Amphocil Successfully Launched In Greece LAS VEGAS, Oct. 11, 2007 (PRIME NEWSWIRE) -- Samaritan Pharmaceuticals Inc. (AMEX:LIV), a developer of innovative life saving drugs announced today it has signed an exclusive licensing and distribution agreement with Three Rivers Pharmaceuticals, LLC for fungal infection drug Amphocil to add the territory of Ireland. Currently, Samaritan has the marketing rights for Amphocil in Greece and Cyprus and has successfully registered and obtained a price increase for Amphocil in Greece. Amphocil (amphotericin B cholesteryl sulfate), an injection, is indicated for the treatment of invasive aspergillosis, a fungal infection that occurs in immuno-compromised patients. Dr. Janet Greeson of Samaritan stated, "We are making great strides in making Samaritan a revenue company. The niche territories of Greece and Eastern Europe are often overlooked although together the territories account for 300 million people so we see it as an opportunity. Getting an already approved U.S. or European drug launched in our targeted territories takes a special expertise and long term relationships. We are fortunate to have built relationships in Ireland through Pharmaplaz, Ireland and we are extremely fortunate to have Dr. Christos Dakas as our European Director, who has built a long list of credible relationships in Greece and Eastern Europe. We give Dr. Dakas and Eugene Boyle a lot of credit for their persistence in trying to make Samaritan self sustaining in the future." Visit List of In-licensed Products: http://www.samaritanpharma.com/marketed_products.asp Three Rivers Pharmaceuticals(r): Established in 2000, Three Rivers Pharmaceuticals devotes its efforts and resources to developing, manufacturing, and marketing pharmaceutical therapies, which are indicated for diseases/medical conditions requiring specialized treatment. Currently, Three Rivers Pharmaceuticals markets prescription drugs in both the U.S. and internationally, in the therapeutic categories of antiviral and antifungal agents. The company has continued to expand its product line into the branded market with the acquisition of AMPHOTEC(r)/AMPHOCIL(r) in May of 2005. This product is currently being marketed in over 40 countries worldwide. Samaritan Pharmaceuticals: "Transforming Today's Science Into Tomorrow's Cures..." Samaritan Pharmaceuticals is an entrepreneurial biopharmaceutical company that concentrates its efforts toward commercializing new innovative therapeutic products. Samaritan has partnered its Phase II infectious disease drug SP-01A, an oral HIV viral-entry inhibitor, to Pharmaplaz, Ireland. Additionally, its Alzheimer's drug Caprospinol, with the potential to restore memory loss in Alzheimer's disease patients, has been issued an IND by the FDA. Samaritan has several drugs in nonclinical studies preparing for IND development; it is evaluating the use of SP-1000 for Hypersholestolemia patients and the use of SP-10T1 as an "oral treatment" for Hepatitis-C. In addition, Samaritan has acquired the marketing and sales rights to sell eleven revenue-generating products in various Eastern European countries. Website, http://www.samaritanpharma.com. Please register so we can notify you of upcoming conference calls, news and events. The Samaritan Pharmaceuticals Inc. logo is available at http://www.primenewswire.com/newsroom/prs/?pkgid=2670 Disclaimer The company disclaims any information created by an outside party and endorses only information communicated by its press releases, filings, and Website. This news release contains forward-looking statements that reflect management's current beliefs about the potential for its drug candidates, science, and technology. However, as with any biopharmaceutical under development, there are significant risks and uncertainties in the process of development and regulatory review. There are no guarantees that products will prove to be commercially successful. For additional information about the factors that affect the company's business, please read the company's latest Form 10-Q filed August 13, 2007. The company undertakes no duty to update forward-looking statements. CONTACT: Samaritan Pharmaceuticals, Inc. Richard Brown, Investor Relations (702) 735-7001 RichardBrown@SamaritanPharma.com Kristi Eads, Business Development (702) 735-7001 KristiEads@SamaritanPharma.com


 

The third quarter results 2007 for Data Respons ASA will be presented on Thursday, 18th October at 08.30 a.m. The presentation will be held at Hotel Continental, Stortingsg. 24 /26, Oslo, and also broadcasted by webcast. Webcast: The presentation will also be broadcasted live through the following links http://www.datarespons.com/webcast and http://www.oslobors.no/webcast. A recorded version of the presentation will also be available after the broadcast has concluded. Distribution of the quarterly report and presentation: The presentation and the quarterly report will be available at 08.30 a.m., at the same time as the start of the live broadcast. You can find these on www.oslobors.no. Welcome! ABOUT DATA RESPONS Data Respons` vision is to become leading in Europe within 2010 on Embedded Solutions in the industrial market. Embedded Solutions can be described as being the brains of a machine, system or industrial end product. Data Respons supplies Embedded Solutions to leading OEM companies, system integrators and vertical product suppliers in a range of market segments such as defence, offshore, automation, medical equipment, surveillance, transport, telecommunications and other industries. Data Respons` customers include Ericsson, Nera, ABB, Brüel & Kjær, Anritsu and Saab. Data Respons ASA is listed on the Oslo Stock Exchange (Ticker: DAT), and is part of the information technology index. The company has offices in Denmark, Finland, Norway, Sweden and Germany. At the close of the 2nd quarter 2007 the company had a total of 271 employees. More information on Data Respons ASA can be found on our website: http://www.datarespons.com


 

For immediate release 11 October 2007 Gold Oil plc ("Gold", or "The Company") Suspension of Shares Gold announces that the trading in the Company's shares has been suspended pending the announcement of a transaction. For further information, please contact: Enquiries: Gary Moore CEO Tel: +44 (0)1737833597 Email: gmoore@goldoilplc.com Mike Burchell Chairman Tel. +44 (0) 1372361772 Email: mikeburchell@hotmail.com Roland Cornish Beaumont Cornish Limited Tel: 020 7628 3396. ---END OF MESSAGE---


 

Espoo, Finland - Nokia will publish its third quarter financial results on Thursday October 18, 2007, at approximately 1 pm Helsinki time (CET +1). The press release will be available on the Nokia website immediately after publication. Nokia's investor conference call will begin at 3 pm Helsinki time (CET +1.) Media representatives wishing to listen may call +1 706 634 5012, conference ID 19933785, or follow it from the Nokia website at www.nokia.com/investor. Media Enquiries: Nokia Communications Tel: +358 7180 34900 Email: press.office@nokia.com www.nokia.com --- End of Message --- NOKIA P.O. Box 226<br>FIN-00045 NOKIA GROUP Espoo WKN: 870737; ISIN: FI0009000681; Index: DJ STOXX Large 200, DJ STOXX 50; Listed: Nordic list (Large Cap) in THE HELSINKI STOCK EXCHANGE;


 

Reykjavik/Oslo/Stockholm/Copenhagen/Helsinki/Moscow, 11 October 2007 - Glitnir handled 6.56% of the turnover on OMX Nordic Exchange in September. This gave the banking group the top position in terms of total market share for the first time. Based on year-to-date turnover, Glitnir is the second largest broker on OMX with a market share of 6.25%. The top five brokers by turnover on the Nordic Exchange in September were: Rank Member % 1 Glitnir 6.56 2 SEB Enskilda 6.21 3 Svenska Handelsbanken 4.92 4 Morgan Stanley 4.73 5 Goldman Sachs 4.10 "Building up our brokerage operations has been a key focus in the past few years. Strength in our brokerage operation is crucial to offering our clients a full range of (international) services. It is satisfying to see our strategy starting to have an effect. We are also pleased to be involved in bringing more international investors to the Nordic markets through our activity on the Nordic Exchanges," says Lárus Welding, CEO of Glitnir Group. "In Sweden we see our trading operations, originally built up under the name of Fischer Partners, reach its true potential under the Glitnir flag", says Anders Holmgren, Managing Director of Glitnir AB. "Our Nordic expansion has further strengthened our position on the Icelandic Stock exchange, where we were also number one in September", says Jóhannes Baldursson, Managing Director of Glitnir Capital Markets in Iceland. "Through Glitnir, we have the opportunity to provide clients with a true Nordic network of brokerage and analysis services which completes our strong FIM heritage in investment management and local brokerage", says Pekka Väisänen, Managing Director of newly rebranded Glitnir Bank Ltd (Finland). "With our strong Nordic operations we are well positioned to attract investors from all over the world to Norway, Glitnir's second home market, says Karl-Otto Eidem", Managing Director of Glitnir Securities The Glitnir group is a member of all five Nordic exchanges and the Russian RTS and MICEX, and provides equity research for 260 companies in the Nordic countries and in Russia. Glitnir Market Share of Turnover (position) September YTD OMX 6.56% (1) 6.25% (2) Combined Nordics (OMX + 6.39% (2) 6.23% (2) Oslo)* Stockholm (OMX) 5.59% (3) 6.15% (3) Copenhagen (OMX) 3.46% (6) 3.42% (8) Helsinki (OMX) 5.35% (4) 5.81% (2) Reykjavik (OMX) 48.65% (1) 24.25% (3) (Oslo - not included in OMX) 5.83% (5) 5.90% (6) *Equity turnover For more information: Bjørn Richard Johansen, Managing Director, Corporate Communication, Glitnir, e-mail: brj@glitnir.no, mobile +47 47 800 100, Sveinung Hartvedt, Executive Vice President, Glitnir Markets, e-mail: sveinung.hartvedt@glitnir.no, mobile + 47 909 31 368 Almar Gudmundsson, Glitnir, Head of Nordic Research, e-mail: almar.gudmundsson@glitnir.is, mobile +354 844 4944, Anders Holmgren, Managing Director, Glitnir AB e-mail: Anders.holmgren@glitnir.se, mobile +46 70 652 3731 Pekka Väisänen, CEO of FIM Group, Managing Director of Glitnir Bank Ltd e-mail: Pekka.vaisanen@glitnir.fi, dir. phone +358 9 6134 6343 Karl-Otto Eidem, Managing Director of Glitnir Securities e-mail: karl.eidem@glitnir.no, dir. phone +47 - 22 01 63 26 Jóhannes Baldursson, Managing Director, Glitnir Capital Markets, Reykjavik e-mail: johannes.baldursson@glitnir.is, phone +354 844 4484 For photos, please contact akj@glitnir.no About Glitnir The financial group Glitnir offers universal banking and financial services. Glitnir is a leading niche player in three global industry segments; seafood/food, sustainable energy, and offshore services vessels. Services include retail, corporate and investment banking, stock trade/brokerage and capital management. Glitnir considers Iceland and Norway its home markets. The Glitnir group has operations in Iceland, Norway, Sweden, Denmark, Finland, the UK, Luxembourg, Russia, Canada and China and the US (Glitnir Capital Corporation). Glitnir is listed on the Icelandic Stock Exchange. For more information: www.glitnirbank.com


 

SUPPLEMENT TO STOCK EXCHANGE RELEASE, October 11,2007 at 2:45 p.m.: This is a supplement to the stock exchange release published today at 1 p.m. regarding Vacon's contract with The Switch. The value of the contract is a few million euros. This contract strengthens Vacon's foothold in the fast-growing wind power market. Vacon in brief: The Vacon Group was founded in 1993 for one purpose only: to create, develop and provide AC drives worldwide. The company's ambition is to meet the most demanding needs of customers looking for the ultimate in performance, ease of use and reliability. Vacon offers AC drives in the power range of 0.25 kW...5 MW. In 2006, the Group revenues totalled EUR 186.4 million. Vacon Group Further information: Mr Heikki Hiltunen, Executive Vice President, Vacon Group, mobile +358 (0)40 8371 609 Press contact: Ms Catarina Fant, Director, Brand Management and Communications, Vacon Group, mobile +358 (0)40 8371 276, e-mail catarina.fant(at)vacon.com www.vacon.com


 

PHARMACEUTICAL DEVELOPMENT For FiBRINOGEN DEFICIENCIEs Initiated Leiden, The Netherlands, October 11, 2007. Biotech company Pharming Group N.V. ("Pharming" or "the Company") (NYSE Euronext: PHARM) announced today that it has received Orphan Drug designation for recombinant human fibrinogen (rhFIB) from the US Food and Drug Administration (FDA) for the treatment of bleeding in patients deficient in fibrinogen. Pharming has initiated development of recombinant human fibrinogen as a pharmaceutical product for genetic and acquired deficiencies with the orphan designation and will continue to pursue medical device development using rhFIB through partnerships. Recombinant human fibrinogen is being developed as a replacement therapy to treat bleeding in patients with fibrinogen deficiency. Fibrinogen is a critical protein involved in the clotting of blood. Consequently, deficiency of fibrinogen can result in uncontrolled bleeding. Bleeding resulting from low levels of fibrinogen develops in numerous clinical settings including trauma, surgery, liver disease, sepsis, and cancer. In the United States, approximately 100,000 patients develop bleeding episodes each year due to a fibrinogen deficiency. Replacement of fibrinogen in these patients can result in normal hemostasis. Current standard of care for patients in the United States who are deficient in fibrinogen is the use of impure human blood products such as cryoprecipitate, which is composed mainly of fibrinogen. In select countries in Europe, plasma-derived fibrinogen is used to treat such bleeding. Dr. Francis Pinto, Chief Executive Officer of Pharming commented, "Pharming's development strategy for rhFIB will utilize the successful model of recombinant blood clotting proteins to control bleeding for various genetic and acquired deficiencies. As Rhucin® nears its first market authorization, rhFIB represents another avenue of growth for Pharming and demonstrates our strength in developing therapeutic recombinant proteins for unmet medical needs." In addition to the protection provided by the Orphan Drug designation, Pharming has a portfolio of patents covering transgenic production, purification and use of various proteins, including recombinant human fibrinogen. The resulting intellectual property position provides Pharming broad protection on rhFIB for pharmaceutical and medical device applications. Background on Orphan Drug Designation and Recombinant Human Fibrinogen The FDA Orphan Drug designation is reserved for promising new therapies being developed to treat diseases that affect fewer than 200,000 people in the United States. The designation provides an accelerated review process, tax advantages and a seven-year period of market exclusivity in the US upon product approval. Pharming is developing recombinant human fibrinogen as a pharmaceutical product for genetic and acquired deficiencies of fibrinogen. The existing market size for fibrinogen deficiencies is estimated to be over USD 500 million in the developed world. Current standard of care in the United States for patients deficient in fibrinogen is the use of cryoprecipitate, which is composed mainly of fibrinogen. In select countries in Europe, a plasma fibrinogen product is marketed. With pharmaceutical development ongoing for rhFib, Pharming will continue to pursue partnerships with medical device manufacturers to build further value for its fibrinogen franchise. Over the last few years, Pharming has been building a program on biomaterials through collaborations with the BioMedical Materials consortium (BMM), Novathera Ltd and other institutions. Pharming has successfully produced high levels of recombinant human fibrinogen using its production technology. Human fibrinogen is a natural blood protein that can form insoluble fibrin poymers to stop bleeding. In laboratory tests and initial animal studies, rhFIB has been demonstrated to be virtually identical in structure and function to plasma fibrinogen. The Company has already provided rhFIB for evaluation to device manufacturers and research institutions to facilitate novel product development for various applications. About Pharming Group NV Pharming Group NV is developing innovative products for the treatment of genetic disorders, ageing diseases, specialty products for surgical indications, intermediates for various applications and nutritional products. Pharming has two products in late stage development - Rhucin® (recombinant human C1 inhibitor) for hereditary angioedema (MAA under review by EMEA) and human lactoferrin for use in food products (GRAS notification under review by FDA). The advanced technologies of the Company include innovative platforms for the production of protein therapeutics, technology and processes for the purification and formulation of these products, as well as technologies in the field of tissue repair (via its collaboration with Novathera) and DNA repair (via its acquisition of DNage). Additional information is available on the Pharming website, http://www.pharming.com and on http://www.dnage.nl This press release contains forward looking statements that involve known and unknown risks, uncertainties and other factors, which may cause the actual results, performance or achievements of the Company to be materially different from the results, performance or achievements expressed or implied by these forward looking statements. The press release also appears in Dutch. In the event of any inconsistency, the English version will prevail over the Dutch version. Contact: Carina Hamaker Julia Philips Rein Strijker Investor Voice Financial Dynamics Pharming Group N.V. T: +31 (0)6 537 T: +44 (0)20 7269 7187 T: +31 71 524742434 49959 T: +31 (0)71 524 7431 T: +44 (0)7747 602 739 Samir Singh Pharming Group N.V. T : +1-908-720-6224


 

BROCHURE OF PARTICULARS A listing application has been made to the Irish Stock Exchange and UK Listing Authority for 474,850 ICG Units (comprising Ordinary Shares of 65 cent and Redeemable Shares of 0.01 cent) to be admitted to the Official List of the Irish Stock Exchange and the Official List of the UK Listing Authority. Application has also been made to the Irish Stock Exchange and the London Stock Exchange for these shares to be admitted to trading. These shares will rank pari passu in all respects with the existing Ordinary Shares and Redeemable Shares and were allotted pursuant to the Company Share Option Plan. 11 October 2007 ---END OF MESSAGE---


 

Vacon Plc, Stock Exchange Release, October 11, 2007 at 1 p.m.: The AC drives manufacturer Vacon has made a significant contract with The Switch, a Finland-based manufacturer of permanent magnet generators and power converter packages that are used in wind turbines. This contract strengthens Vacon's foothold in the fast-growing wind power market. "The wind power market is growing very fast due to climate change. This significant contract with The Switch is so far our largest delivery to wind power production. I am convinced that our strong cooperation with The Switch will benefit both parties," says Mr Heikki Hiltunen, Executive Vice President, Vacon. "The Vacon AC drives we have now ordered will be delivered as a part of our system to various customers to be installed into hundreds of wind turbines globally," says Mr Jukka-Pekka Mäkinen, President and CEO, The Switch. The Vacon AC drives will be built on liquid-cooling technology, and they will be delivered during the year 2008. The permanent magnet generators and power converters are today the preferred solution in new wind turbine designs. When the Vacon AC drive is used for the control of the permanent magnet generator, the mechanical stress to the system is decreased, the power quality requirements of electricity can be met and efficiency is improved. The wind power market is today about EUR 15 billion, and it is expected to double during the following two years. In 2006, investments to various forms of renewable energy amounted to USD 45 billion. These investments increased the world's wind power capacity by 13 gigawatts and solar energy capacity by 2.5 gigawatts. The Switch solutions support the battle against climate change. They transform untapped energy into electricity and contribute to its efficient use. The company makes innovative power electronic systems and drive-train concepts for OEM and system integrator customers. Vacon in brief: The Vacon Group was founded in 1993 for one purpose only: to create, develop and provide AC drives worldwide. The company's ambition is to meet the most demanding needs of customers looking for the ultimate in performance, ease of use and reliability. Vacon offers AC drives in the power range of 0.25 kW...5 MW. In 2006, the Group revenues totalled EUR 186.4 million. Vacon Group Further information: Mr Heikki Hiltunen, Executive Vice President, Products and Markets, Vacon Group, mobile +358 (0)40 8371 609 Press contact: Ms Catarina Fant, Director, Brand Management and Communications, Vacon Group, mobile +358 (0)40 8371 276, e-mail catarina.fant(at)vacon.com www.vacon.com


 

Diagonal Hotels Joins VOILA Hotel Rewards NEWPORT BEACH, CA -- (MARKET WIRE) -- 10/11/07 -- VOILA Hotel Rewards, the first global, point-based frequent guest programme specifically created for independent hotel companies, is pleased to welcome Diagonal Hotels as its newest partner. VOILA Hotel Rewards brings together a worldwide network of four- and five-star hotels of independent groups under a single umbrella to forge a new kind of guest loyalty programme. In addition to earning points for eligible spend and redeeming for complimentary night stays and room upgrades at participating hotels, VOILA members will also enjoy special perks, such as member-only room rates, special welcome amenities, instant recognition, and multi-network airline mile exchange opportunities. For participating hotels, VOILA offers significant marketing synergy, which is further bolstered by cutting-edge CRM technology available at no cost. Through a web-based portal, hotels can manage email and direct mail marketing campaigns, access key program performance reports, enroll members, and verify booked reservations linked to each member's tier, details and preferences. Diagonal Hotels is a growing hotel group currently with two properties: In Barcelona, Hotel Alexandra, and in Granollers, Hotel Augusta, and an associated hotel in Sitges, Hotel Calipolis. Each of its boutique hotels averages 120 rooms, is well-located in destination cities and projects individual charm and personality. Diagonal Hotels is also a member of Great Hotels Organisation (GHO) and a launch partner of VOILA Hotel Rewards with its private-label programme, Great Hotels Rewards. "We are very excited about VOILA Hotel Rewards," said Josep Antoni Martinez, Director of Sales of Diagonal Hotels. "For small independent hotel groups, reaching out to the global market is a formidable task given the limits of our resources. VOILA is a cost-effective way to offer competitive benefits to retain our existing customers, and to reach out to attain new ones through VOILA's global network." "Diagonal Hotels is one of our newest members, and we are very pleased to see their enthusiasm in embracing Great Hotels Rewards," said Peter Gould, CEO of GHO. "VOILA is the backbone of Great Hotels Rewards, which will be a pivotal programme for our group's strategic development. There is no doubt our participating member hotels will realize tremendous benefit." "Diagonal Hotels represents exactly the type of hotel company that VOILA Hotel Rewards was created for," said Marwan Ramadan, President EMEA for VOILA Hotel Rewards. "Small hotel companies with innovative minds and the desire to reach out for more than what their resources and immediate market can deliver. It is our pleasure to welcome Diagonal Hotels into our VOILA family." VOILA is a brand-neutral programme, and is currently in discussions with additional hotel partners around the world that may qualify to become founding members of VOILA Hotel Rewards. ABOUT VOILA HOTEL REWARDS Headquartered in Newport Beach, Southern California, VOILA is the first and only points-based, guest loyalty programme built specifically for a global alliance of independent hotels and small groups. VOILA is operated by Hospitality Marketing Concepts (HMC), a global company with offices in more than 50 countries in North America, Central/South America, Europe, the Middle East and Asia. VOILA has a launch portfolio of hundreds of hotels, including Spain-based Husa Hotels and Coral International Hotels throughout the Middle East. More information about VOILA may be found on the company's website (www.vhr.com) or by contacting Peter Gorla, Vice President of Marketing at 949-833-8000 Ext. 218 or via email at peter@vhr.com. ABOUT GREAT HOTELS ORGANISATION GHO's family of brands include Great Hotels of the World (http://www.ghotw.com) and Special Hotels of the World (http://www.shotw.com), a forerunner among luxury hotel marketing alliances representing over 240 of the world's finest hotels and resorts. Both brands are driven by six core values, notably to keep members' costs down, to view each member as unique, to be innovative with technology, to value the power of the alliance, and to maintain the quality and integrity of the brand. Further information on GHO can be found at http://www.ghorg.com or via email at info@ghorg.com. ABOUT DIAGONAL HOTELS Diagonal Hotels offers accommodations in: Hotel Alexandra, located right in the centre of commerce, near the most exclusive stores and entertainment areas of Modernist Barcelona; Hotel Augusta, a few minutes away from the Circuit of Catalunya and the Vallromanes golf course; and Hotel Calipolis in Sitges with views of sea and sand in the Garraf coast's most famous leisure and cultural area. The three hotels have modern architecture and vanguard design. More information about Diagonal Hotels may be found at http://www.diagonalhotels.com/. Contact: Peter Gorla Vice President of Marketing 949-833-8000 Ext. 218 peter@VHR.com


 

(Oslo, October 11, 2007) Northern Logistic Property ASA - Extraordinary General Meeting Held An extraordinary general meeting of Northern Logistic Property ASA was held on Thursday 11 October 2007 at 10:00 hours at Felix Conference Centre, Bryggetorget 3, Aker Brygge, Oslo. All proposed resolutions were resolved. Minutes of the EGM is enclosed. Further information from: Göran Bengtsson, CEO, Northern Logistic Property ASA, tel: +46 706357300 Erik Dahl, CFO, Northern Logistic Property ASA, tel: +47 45055000 About Northern Logistic Property ASA Northern Logistic Property ASA is a leading pure-play logistics property company based in Northern Europe. The company currently has a property portfolio of approximately NOK 5.0bn. The portfolio consists of 18 advanced logistics properties located in larger and regional cities in Sweden, with a total lettable area of app. 646,000 sq.m. See also www.nlpasa.com.


 

MONSTER OY PRESS RELEASE 11 Oct 2007 Monster's survey: Most Finns want a new job A survey conducted by Monster reveals that Finnish employees are dissatisfied with their present careers and are planning re-education. Monster is Finland's most popular online recruitment meeting point on the Internet. Visitors to the Monster.fi website were asked in September 2007, "Have you ever considered a new career?" The response "Yes, I am presently contemplating re-education" was chosen by 70 per cent of more than a thousand respondents. This enthusiasm for a career change and re-education can also be seen in the growing demand for adult education, due to both the appreciation for education and the existing multitude of re-education opportunities. "This autumn we have had 15 000 new adult students, of whom considerable part are re-educating themselves for a totally new career", says Ilkka Aittamo, Business Manager Adulta Oy, Adult Education Centre Adulta. "The majority of people who enrol in adult education programmes have a very high motivation level, because returning to school means an opportunity to make major changes in their lives. It is great that people have a positive attitude to career change and adult education in general these days", Business Manager Ilkka Aittamo, Adulta Oy points out. The Monster survey results are based on the response from website visitors between 4 and 18 September, 2007. The survey was taken by 1,049 employed people from all parts of Finland. The responses divided as follows: 70% Yes, I am presently contemplating re-education 13% Yes, but not within the next few years 8% No, I like my present career 7% No, a total change takes too much time/trouble More information: Tiina Laisi-Puheloinen, Marketing Manager, Monster Oy, tel. +358 40 594 3559 or tiina.laisi-puheloinen@monster.fi Monster.fi is Finland's leading online recruitment network. It has continuously increased its market share and in 2006 the number of job vacancies on its pages grew by more than 50 % on the previous year. Some 220,000 different job applicants visit the Monster.fi pages every month. Monster is owned by Alma Media Corporation (75 %) and Monster Inc. (25 %). Monster offers prospective employers an effective online forum for job advertising; in addition to the online pages it enables advertisements to be placed in Finland's leading business and tabloid dailies, Kauppalehti and Iltalehti. More information at http://www.monster.fi


 

Kemira GrowHow Oyj has today received the following notice: Yara Nederland B.V. ("Yara") notifies in accordance with Chapter 18, section 2 of the Companies Act that by 9 October 2007, it has acquired 54,019,653 shares in Kemira Grow-How Oyj ("Kemira GrowHow"), representing approximately 97.46 percent of the shares and votes attached thereto, excluding, however, those shares possessed by the company it-self, in Kemira GrowHow. The share stock of Kemira GrowHow registered in the Trade Register consists of a total of 57,208,857 shares of which the total of 1,783,830 shares is possessed by the company itself. As Yara holds more than nine tenths (9/10) of the shares and votes attached thereto in Kemira GrowHow, it has, pursuant to Chapter 18, section 1 of the Companies Act, the right to redeem the shares held by other shareholders of Kemira GrowHow at the fair price. Yara shall request, in accordance with the Companies Act, that the Redemption Committee of the Central Chamber of Commerce appoints an arbitral tribunal to settle the redemption of the shares in Kemira GrowHow. Yara may before the redemption proceedings become pending and thereafter acquire shares in Kemira GrowHow from the market. Helsinki, 11 October 2007 Yara International ASA For additional information please contact: Kaj Friman, CFO Tel. (+358) 50 62 626 Distribution: Helsinki Stock Exchange Media Kemira GrowHow Oyj is one of the leading producers of fertilisers and feed phosphates in Europe. Kemira GrowHow develops and markets fertilisers and integrated solutions for crop cultivation, animal feed supplements and chemicals required in various industries. The company has approximately 2,500 employees worldwide and in 2006 net sales were 1.2 billion euros. Kemira GrowHow Oyj is listed on the Helsinki Stock Exchange.


 

The presentation will take place in the following premises: 08:15 am at DnB NOR, Aker Brygge, Stranden 21, Oslo by/Deputy President & CEO Tor Lund. 15:15 pm at Rieber & Søn's Board room, 6th floor, Nøstegaten 58, Bergen by/Deputy President & CEO Tor Lund. Light refreshments will be served at 15:00 pm. Enrolment by: Monday, 22 October 2007. If you intend to participate, please notify Eli Øvrebø Olsen at the Group Secretariat on +47 55 96 75 65 or by e-mail to: companyadm@rieberson.no The complete material can be accessed at: http://www.rieberson.no at 08.15 am. Facts about Rieber & Søn ASA: Rieber & Søn is one of Norway's leading food conglomerates. The main markets are Western Europe and Central and Eastern Europe where the Group has considerable market shares in the retail grocery sector. Rieber & Søn's aim is to be the Local Taste Champion in its main markets. Attractive and sought-after food products based on consumer requirements are developed through Rieber & Søn's competence in established eating habits. Rieber & Søn also introduces ethnic dishes in national and local markets and makes them easier for the consumers to prepare. Through systematic product maintenance and product development, as well as aggressive launches, Rieber & Søn has helped to bring about continuous consumer growth in its main groups. Rieber & Søn had leading brands such as Toro, Denja, MrLee, King Oscar, Vossafår, Vestlandslefsa, Sopps, Black Boy, Geisha, Ming, Trondheim's, Mrs Cheng's and Frödinge (Sweden), K-Salat and Bähncke (Denmark), Delecta (Poland), Vitana (Czech Republic and Slovakia), Chaka (Russia), Cronions and Rijnhout (Netherlands). The Group has a workforce of 4 000 (of whom 1 050 are in Norway), with production in 7 countries and representation through sales and market organisations in a further 6 countries.


 

Results of the Sale of the Remaining New Shares via Placing of Scrips Earlier today, Fortis announced that 878,216,262 New Fortis Units ("New Shares") and 878,216,262 VVPR strips Fortis SA/NV representing approximately 97.995% of the total number of New Shares offered to shareholders pursuant to the fully underwritten Rights Issue, had been subscribed to at EUR 15.00 per New Share. Fortis confirms that Merrill Lynch International, in its role as Sole Bookrunner, and Fortis Bank, in its role as Co-Bookrunner, have procured today through an accelerated private placement subscribers for the remaining 17,965,422 New Shares, which were available for subscription in the form of Scrips that will be settled automatically with New Shares to certain qualified investors. Each Scrip was sold at a price of EUR 5.80. The New Shares have been subscribed by such qualified investors at a subscription price of EUR 15.00 each on the basis of two New Shares for every three Scrips purchased by them. Therefore, the aggregate amount paid by such qualified investors for each New Share is EUR 23.70, which is equivalent to three times EUR 5.80 plus two times EUR 15.00 divided by two, and the amount paid by such qualified investors per New Share in excess of the subscription price is EUR 8.70, which is equivalent to EUR 23.70 - EUR 15.00. Proceeds of the Scrip Offering Subject to, and as described in greater detail in the prospectus regarding the offering of the New Shares, the excess net proceeds of the accelerated private placement due to holders of unexercised rights will be made available to them upon presentation of coupon number 40. The global results of the Rights Issue and the amount of the excess net proceeds of the accelerated private placement will be published on Saturday 13 October 2007. Listing and Trading of the New Shares and VVPR Strips Fortis SA/NV It is expected that the New Shares subscribed through Scrips will commence trading on the regulated market of Euronext Brussels, Eurolist by Euronext Amsterdam and the EU regulated market of the Luxembourg Stock Exchange on 15 October 2007. On the same day, the VVPR Strips Fortis SA/NV will be listed on the regulated market of Euronext Brussels. Fortis Comments Gilbert Mittler, Fortis CFO, commenting: "The overwhelming support for the bid among existing shareholders, as well as strong demand for the shares from new, institutional investors, reconfirms the confidence of Fortis' shareholders in the company's strategy that was shown at the Extraordinary General Meetings of August." Enquiries: Fortis Press Offices Brussels +32 (0)2 565 35 84 Utrecht +31 (0) 302 26 32 19 Investor Relations Brussels +32 (0)2 565 53 78 Utrecht +31 (0) 302 26 65 66 Merrill Lynch International Andrea Orcel +44 (0) 207 628 1000 Rupert Hume-Kendall Jim O'Neil Richard Slimmon Fortis Bank Simon Barnasconi +31 (0) 205 27 23 73 Disclaimer Merrill Lynch International and Fortis Bank are acting for Fortis only and no one else in relation to the Offering, and will not be responsible to anyone other than Fortis for providing the protections offered to their respective clients nor for providing advice in relation to the Offering. Merrill Lynch International did not approve this document and makes no representation or warranties as to the accuracy of the information contained herein. This document is not an offer of securities for sale nor the solicitation of an offer to purchase securities in the United States or in any other jurisdiction where such offer may be restricted. Securities may not be offered or sold in the United States unless they are registered under the U.S. Securities Act of 1933, as amended ("U.S. Securities Act") or exempt from registration. The securities of Fortis referred to in this press release have not been and are not being registered under the U.S. Securities Act and Fortis will not make a public offer of such securities in the United States. This announcement does not constitute an offer or invitation to sell or issue, or any solicitation of an offer to purchase or subscribe for securities and any subscription for or purchase of, or application for, Shares in Fortis, Rights or Scrips to be issued or sold in connection with the Offering should only be made on the basis of information contained in the Prospectus. Fortis has not authorised any offer to the public of Shares, Rights or Scrips in any Member State of the European Economic Area other than Belgium, the Netherlands and Luxembourg. With respect to each Member State of the European Economic Area other than Belgium, the Netherlands and Luxembourg and which has implemented the Prospectus Directive (each, a "Relevant Member State"), no action has been undertaken or will be undertaken to make an offer to the public of Shares, Rights or Scrips requiring a publication of a prospectus in any Relevant Member State. As a result, the Shares, Rights or Scrips may only be offered in Relevant Member States: (a) to legal entities which are authorised or regulated to operate in the financial markets or, if not so authorised or regulated, whose corporate purpose is solely to place securities; (b) to any legal entity which has two or more of the following criteria: (1) an average of at least 250 employees during the last financial year; (2) a total balance sheet of more than ¤43.0 million and (3) an annual net turnover of more than ¤50.0 million, as shown in its last annual or consolidated accounts; or (c) in any other circumstances, not requiring Fortis to publish a prospectus as provided under Article 3(2) of the Prospectus Directive. For the purposes of this paragraph, the expression an "offer to the public of Shares, Rights or Scrips" in any Relevant Member State means the communication in any form and by any means of sufficient information on the terms of the Offering and the New Shares and Rights to be offered so as to enable an investor to decide to purchase any securities, as the same may be varied in that Member State by any measure implementing the Prospectus Directive in that Member State and the expression "Prospectus Directive" means Directive 2003/71/EC and includes any relevant implementing measure in each Relevant Member State. This document does not constitute an offer of securities to the public in the United Kingdom. This document is for distribution in the United Kingdom only to and is directed at (i) persons who have professional experience in matters relating to investments falling within Article 19(1) of The Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the "Order") or (b) high net worth entities, and other persons to whom it may otherwise lawfully be communicated, falling within Article 49(1) of the Order (all such persons being referred to as "relevant persons"). This document must not be acted on or relied on by persons who are not relevant persons. Any investment or investment activity to which this communication relates is only available to relevant persons and will be engaged in only with relevant persons. Persons distributing this document must satisfy themselves that it is lawful to do so. The release, publication or distribution of this press release in certain jurisdictions may be otherwise restricted by law or regulations. Therefore, persons in such jurisdictions into which this press release is released, published or distributed must inform themselves about and observe such laws and restrictions. This announcement and the information contained herein are not for publication, distribution or release directly or indirectly in, or into, the United States, Canada, Australia or Japan. The content of this announcement includes statements that are, or may be deemed to be, "forward-looking statements". These forward-looking statements can be identified by the use of forward-looking terminology, including the terms "believes", "estimates", "anticipates", "expects", "intends", "may", "will", or "should", and include statements we make concerning the intended results of our strategy. By their nature, forward-looking statements involve risks and uncertainties and readers are cautioned that any such forward-looking statements are not guarantees of future performance. The Company's actual results may differ materially from those predicted by the forward-looking statements. The Company undertakes no obligation to publicly update or revise forward-looking statements, except as may be required by law.


 

- Steady continuation and acceleration of growth strategy - Total investment to exceed ¤ 45 million - Strengthening of market positions in Poland, Croatia and Romania - Market entry in Bulgaria Vienna, October 11, 2007 - Semmelrock, a 75% subsidiary of Wienerberger AG and the market leader for high-quality concrete pavers, is accelerating the growth strategy for Central-East Europe that was adopted in 1998. With six projects and a total investment of more than ¤ 45 million, the company will focus on expansion in existing markets and the development of business in new countries. These investments will allow Semmelrock to increase its production capacity in Eastern Europe by more than 7 million m² and will also strengthen its market positions throughout the region. As a result, the company will be better able to meet the demands of its customers and offer a full range of products from concrete pavers - in the form of slabs or paver systems - to accessories. Work has already started on the realization of these projects, with plants expected to commence production in stages between mid-2008 and mid-2009. The Semmelrock investment program represents an addition to the Wienerberger plans for the construction of 25 new brick plants in Central-East Europe and Russia by 2012. Stronger presence in growth market Poland In Poland, Semmelrock currently operates seven plants at three locations. The country is one of the most important markets for concrete pavers. With a total volume of more than 32 million m² in 2006, Poland is one of the largest markets in Central-East Europe. "We see numerous growth opportunities in Poland. The new plants, which can also be enlarged to support further expansion, will not only improve our market position in the greater Warsaw area, but also our regional coverage - and this will strengthen our number three standing in Poland over the long-term", commented Robert Holzer, CEO of Semmelrock International GmbH, on the company's strategy. Expansion in Croatia and Romania plus market entry in Bulgaria The expansion program will also include investments to enlarge the existing plant in Croatia as well as to further develop the growth market of Romania. "Semmelrock has been present in Romania for a number of years through imports from Eastern Hungary and since last year with a plant near Bucharest. This reflects the strong interest of local consumers in high-quality concrete pavers", explained Robert Holzer. Semmelrock has also taken its first steps in Bulgaria, which involve the development of its own organization and a location. Steady continuation of growth course "The expansion of our business activities in existing markets and our entry into new countries with a potential for growth will further accelerate our expansion course in Central-East Europe. Our goal is to increase our position as the leading supplier of high-quality concrete pavers in Central Europe ", added Robert Holzer in conclusion. Leading concrete paver producer in Austria with international presence Semmelrock was founded by Wolfgang Semmelrock in 1958 and has been a subsidiary of the Wienerberger Group since 1996. From its base in Austria, the Semmelrock Group is pursuing a strong expansion course in Eastern Europe. This rapidly growing company is now represented in Austria, Croatia, Hungary, Slovakia, Slovenia, the Czech Republic, Romania and Poland with a total of 14 plants. For additional information contact: Robert F. Holzer, CEO Semmelrock International GmbH T + 43(664)160 13 20 | robert.holzer@semmelrock.com Karin Hofmann, Public Relations T +43(1)60192-463 | communication@wienerberger.com Download the press release from: www.wienerberger.com If you do not wish to receive the Wienerberger newsletter any longer, send an e-mail with subject: "unsubscribe newsletter" to communication@wienerberger.com. --- End of Message --- Wienerberger AG Wienerbergstraße 11 Vienna Austria ISIN: AT0000831706; Index: WBI; Listed: Prime Market in Wiener Boerse AG;


 

Supervisory and Managing Board Nominations and Responsibilities ABN AMRO, Fortis, RBS and Santander announce today the nominations for the new structure and membership of the Supervisory and Managing Boards of ABN AMRO, together with their proposed responsibilities. These are subject to the completion of the appropriate approval process including an Extraordinary General Meeting of shareholders called for by ABN AMRO at the earliest practical date as well as consultation with all relevant staff representative bodies. The Supervisory Board will continue to be chaired by Mr Arthur Martinez. Nominated to join the Supervisory Board are Mr Jean-Paul Votron, Chief Executive of Fortis, Sir Fred Goodwin, Chief Executive of RBS, and Mr Juan Inciarte, General Manager of Santander. Mr David Baron de Rothschild, Mr Marcus Pratini de Moraes, Mr Paulo Scaroni, Lord Sharman of Redlynch and Mr Gerhard Randa will be stepping down at the forthcoming EGM. For the Managing Board our intention is to increase both its resources and capabilities while providing increased leadership focus for Business Units and functions. The structure details (attached) show how existing responsibilities will map onto the proposed structure. In the period ahead we will be working on the allocation of further responsibilities to the leadership team as appropriate. As announced by ABN AMRO yesterday Mr Rijkman Groenink is stepping down from his position as Chairman of the Managing Board. The other existing members of the Managing Board will retain positions with revised responsibilities. Mr Groenink's nominated replacement as Chairman is Mr Mark Fisher, currently Chief Executive of the Manufacturing Division and a member of the RBS Group Board and Group Executive Management Committee. This is an announcement pursuant to article 9b paragraph 1 of the Dutch Securities Markets Supervision Decree (Besluit toezicht effectenverkeer 1995). This document shall not constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of securities, in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. Attached: Proposed Managing Board Structure, responsibilities and biographies. Proposed Managing Board Structure Wilco Jiskoot Vice Chair Private Equity Karel de Boeck Vice Chair Group Human Resources Group Communications Group Public Affairs Mark Fisher Chairman Chairman of Group Business Committee Group Audit Group Compliance & Legal Brian Crowe BU Global Clients BU Global Markets BU Transaction Banking Piero Overmars BU Asia BU Europe Paul Dor BU Asset Management BU Private Clients Joost Kuiper BU North America Jan Peter Schmittmann BU Netherlands Marta Elorza Trueba Antonveneta Javier Maldonado BU Latin America Ron Teerlink Services Market Infrastructure Huibert Boumeester Chief Risk Officer Group Risk Management John Hourican Chief Financial Officer Group Finance Nominated Supervisory Board Structure and Biographies Sir Fred Goodwin Chief Executive of RBS Group, appointed to the board in August 1998. He is a non-executive director of Bank of China Limited and Chairman of The Prince's Trust., Formerly Chief Executive and director, Clydesdale Bank PLC and Yorkshire Bank PLC. Jean-Paul Votron Chief Executive of Fortis since 2004. Between 1991 and 1997 he served in different positions with Citibank in Europe and the US. ABN AMRO Senior Executive Vice-President International Consumer Banking and E-Commerce from 1997 until 2001, he rejoined Citigroup, where he was appointed a member of the Management Committee of Citigroup in 2002. Mr Juan Inciarte CEO of Santander Consumer and General Manager of Santander Group. Joined the Santander Group in 1985. Appointed to the Board in 1991 until 1999. Holds seat on the Boards of several Spanish and international companies. Existing Supervisory Board Structure and Biographies Arthur Martinez (Chairman) Appointed Chairman of the ABN AMRO Supervisory Board in 2006 after joining the Supervisory Board in 2002. He is a former Chairman and CEO of Sears, Roebuck & Co., Inc and a former Chairman of the Board of Directors of the Federal Reserve Bank in Chicago. He has also served as Chairman and Chief Executive of Sears Merchandise Group, after a career at Saks Fifth Avenue, New York, starting in 1980 as Senior Vice President and Chief Financial Officer. In 1990 he became Vice Chairman and member of the Board of Directors of Saks Fifth Avenue. André Olijslager (Vice Chairman) André Olijslager was appointed to the ABN AMRO Supervisory Board in 2004 and became Vice Chairman in April 2006. He has previously served as Chairman of the Board of Royal Friesland Foods and his career also includes senior positions at Van Gelder Papier and Alpinvest. Trude Maas Appointed to the Supervisory Board in 2000. She was previously President of the Hay Vision Society in 2001, a think tank for trends in the field of Human Resources. Mrs Maas also worked as business developer at Hay Management Consultants and at Origin Netherlands, where she served on the Managing Board. Rob van den Bergh Appointed to the ABN AMRO Supervisory Board in 2005. Mr van den Bergh joined VNU in 1980 and held important management positions within several business groups and in 2000 was named Chairman of the Executive Board. He retired as Chairman of the Executive Board and CEO in November 2005. Anthony Ruys Appointed to the ABN AMRO Supervisory Board in 2005. From 1974 to 1993, Mr Ruys worked at Unilever where he held various marketing and general management positions. He then joined Heineken as a member of the Executive Board in 1993, became Vice Chairman in 1996 and in 2002 was named Chairman of the Executive Board. He retired as Chairman in 2005 Gert-Jan Kramer Appointed to the ABN AMRO Supervisory Board in 2006. Previously President and Chief Executive Officer of Fugro N.V. and Director at Broekhoven Baggermaatschappij Zeist. Also worked as a project manager at Koninklijke Adriaan Volker Groep with the Royal Dutch Navy and as Design Engineer at the Department of Maritime Construction of the Dutch Government. Ana María Llopis Rivas Appointed to the Supervisory Board in 2007. Dr Llopis was the founder and CEO of Open Bank (1993-2000), the branchless internet bank of the Santander Group. She also worked for, Banesto (1988-1991), where she was Associate General Manager of Branch Network, Marketing and Quality for Retail Banking. Nominated Managing Board Structure and Biographies Mark Fisher (Chairman) A Director of Royal Bank of Scotland Group Board since March 2006. He moved to RBS following its acquisition of NatWest in 2000. He is currently Chief Executive of the Manufacturing division which manages a diverse range of services supporting the Group's activities including IT, Property, Purchasing and back-office services functions. Joined NatWest in 1981 and has a first class honours degree in Mathematics and an MBA from Warwick Business School. Karel De Boeck (Vice-Chair, HR, Group Communications and Group Public Affairs) Member of the Executive Committee of Fortis, as Chief Risk Officer. Wilco Jiskoot (Vice-Chair, Private Equity) Currently the ABN AMRO Managing Board member responsible for: Business Unit (BU) Netherlands; BU Global Clients; BU Private Clients; BU Asset Management; and Private Equity (ABN AMRO Capital). Mr Jiskoot was appointed to the Managing Board in 1997. Joost Kuiper (BU North America) Currently Chairman of the ABN AMRO Group Business Committee (GBC), and Managing Board member responsible for Business Unit (BU) North America. He was appointed to the Managing Board in May 1999. Brian Crowe (BU Global Clients, BU Global Markets and BU Transaction Banking) Currently the Chief Executive, Global Banking and Markets at RBS, a position he has held since 2005. He is also the Chairman of the Wholesale Committee of the British Bankers Association, a Director of Coutts & Co and the Chairman of RBS Greenwich Capital. Piero Overmars (BU Asia and BU Europe) Currently the ABN AMRO Managing Board member responsible for: Business Unit (BU) Asia; BU Global Markets; BU Europe; and Antonveneta. He is also Chairman of the Commercial Client Segment. Appointed to the Managing Board in January 2006. Paul Dor (BU Asset Management and BU Private Clients) Currently CEO of Special Financial Services at Fortis. His long-standing career at Fortis, which spans nearly 40 years, has involved senior positions in Commercial and Corporate banking. Jan Peter Schmittmann (BU Netherlands) Currently Chief Executive Officer Business Unit Netherlands, previously responsible for the business unit New Growth Markets. Javier Maldonado (BU Latin America) Head of the Wealth Management Division and U.K. corporate banking at Abbey, Santander's U.K. subsidiary. Marta Elorza Trueba (Antonveneta) Deputy managing director of internal auditing, Santander. Joined the Group in 1997, from Arthur Andersen, where she was a partner. Ron Teerlink (Services and Market Infrastructures) Currently responsible for: ABN AMRO's Business Unit (BU) Latin America; BU Transaction Banking; and Services, Market Infrastructure. Appointed to the Managing Board in January 2006. Huibert Boumeester (Chief Risk Officer and Group Risk Management) Appointed to the ABN AMRO Managing Board in January 2006 and current responsibilities are: Chief Financial Officer; Group Finance; Group Risk Management; Group Strategic Decision Support; Investor Relations; Group Communications; and Group Public Affairs. John Hourican (Chief Finance Officer) Currently Head of Leveraged Finance for Europe and Asia Pacific within RBS's Global Banking & Markets division. He was previously Chief Operating Officer for GBM. A chartered accountant who trained with Price Waterhouse, he has held a number of Finance Director roles within RBS.


 

INCAP CORPORATION STOCK EXCHANGE ANNOUNCEMENT 11 October 2007 at 9.30 a.m. In accordance with chapter 2, section 9, of the Securities Market Act, Etra Invest has reported us that their holdings of the share capital and votes of Incap Corporation have exceeded 25%. The issuing company and its business ID: Incap Corporation, 0608849-6 Date of change in holdings: 10 October 2007 New proportion of votes and share capital: Shareholder Business ID Number of shares and Percentage of share votes capital and votes Etra Invest 0672234-6 3,481,671 28.58% Incap Corporation's share capital comprises a total of 12,180,880 shares, entitling to an equal amount of votes. INCAP CORPORATION Hannele Pöllä Director, Communications and IR Tel. +358 40 504 8296 DISTRIBUTION OMX Nordic Exchange Helsinki Principal media INCAP IN BRIEF Incap Corporation is a fast-growing electronics contract manufacturer whose comprehensive service covers the entire product life cycle from design and manufacture to repair and maintenance services. The company's main customer sectors are leading equipment suppliers in telecommunications, electrical power technology, the automation and process industries as well as measurement technology, safety electronics and health care. The Incap Group's revenue in 2006 amounted to EUR 89 million and the company currently employs approx. 750 persons. Incap's share is listed on the OMX Nordic Exchange Helsinki. For additional information, please visit www.incap.fi


 

Sanoma Magazines, the magazine division of the SanomaWSOY Group, considers the possibilities to sell its movie distribution company R.C.V. Entertainment B.V. The company is the largest independent distributor of film in the Benelux countries. Sanoma Magazines' strategy is to focus on its core activities, i.e. magazine publishing and online operations. Earlier this year, it disposed of, through its subsidiary Sanoma Uitgevers, its puzzle magazine portfolio in the Netherlands. No information or comments will be provided on the progress of the process until a final conclusion has been reached. SANOMAWSOY CORPORATION Matti Salmi Senior Vice President Finance and Administration www.sanomawsoy.fi www.sanomawsoy.fi/Investors Sanoma Magazines is one of the largest consumer magazine publishers in Europe. The company publishes more than 300 magazines in thirteen different countries. Apart from developing its strong portfolio of magazine brands for various reader communities, Sanoma Magazines is expanding its business to other media platforms, with a clear focus on interactivity. Sanoma Magazines is part of the SanomaWSOY Group, which operates in versatile fields of media in over 20 European countries.


 

Amsterdam, the Netherlands, October 11, 2007 - Akzo Nobel has announced that the company intends to divest its Nobilas Claims & Fleet solutions business to the UK-based Innovation Group. Established as a stand-alone activity in 2004, Nobilas combines leading car repair process management skills with claims management and incident services. Expansion has been swift, with the business now employing around 300 people across Europe and North America. The business handles an annual volume of more than 300,000 repairs and services, and the managed repairs represent a value of around EUR 190 million. "Nobilas has grown remarkably well in a relatively short time," said Akzo Nobel CFO Rob Frohn. "But it no longer fits in with Akzo Nobel's strategy as Nobilas increasingly moves towards non-paint related outsourcing activities. We believe that the Innovation Group is a better owner for continuing what Nobilas has built up." Added Nobilas General Manager Geoff Bullen: "Nobilas is well positioned to take advantage of an increasing international market trend towards the outsourcing of vehicle damage claim related services. Operating under more focused ownership will offer better opportunities for the business to accelerate its growth momentum and continue into the next phase of its development." Based in the Netherlands, Nobilas also has offices in Belgium, the United Kingdom, France, Spain, Germany and the United States. The majority of the business' 300 employees will be transferred to the Innovation Group, which is headquartered in Whitely, UK, and is a leading solution provider to the global insurance industry. The deal is subject to consultation with relevant employee representative bodies in various countries and is due to be completed in the fourth quarter of 2007. - - - Note to editors Akzo Nobel is a Fortune Global 500 company and is listed on Euronext Amsterdam. It is also the Chemicals Industry leader on the Dow Jones Sustainability Indexes and Akzo Nobel is included on the FTSE4Good Index. Based in the Netherlands, we are a multicultural organization serving customers throughout the world with coatings, chemicals and human and animal healthcare products. We employ around 62,000 people and conduct our activities in these four segments, with operating subsidiaries in more than 80 countries. Consolidated revenues for 2006 totaled EUR 13.7 billion. The financial results for the third quarter will be published on October, 23, 2007. Internet: www.akzonobel.com Not for publication - for more information Akzo Nobel N.V. Corporate Media Relations, tel. +31 20 502 7833 Contact: Heleen van de Lustgraaf


 

Results of the Subscription with Preferential Rights Fortis announces that the 2 for 3 Rights Issue of up to 896,181,684 New Fortis Units ("New Shares") at EUR 15.00 per New Share closed for acceptances on 9 October 2007. 878,216,262 New Shares and 878,216,262 VVPR strips Fortis SA/NV, representing approximately 97.995% of the total number of New Shares offered to shareholders pursuant to the fully underwritten Rights Issue, were subscribed to. Settlement of the Rights Issue will occur with value on 15 October 2007. Listing and Trading of the New Shares and VVPR Strips Fortis SA/NV It is expected that the New Shares will commence trading on the regulated market of Euronext Brussels, Eurolist by Euronext Amsterdam and the EU regulated market of the Luxembourg Stock Exchange on 15 October 2007. On the same day, the VVPR Strips Fortis SA/NV will be listed on the regulated market of Euronext Brussels. Sale of the remaining New Shares via Placing of Scrips Merrill Lynch International, in its role as Sole Bookrunner, and Fortis Bank, in its role as Co-Bookrunner, will jointly be seeking subscribers for the remaining 17,965,422 New Shares through an accelerated private placement on Thursday 11 October 2007 in the European Economic Area and Switzerland, only to Qualified Investors (as defined respectively, in the European Directive 2003/71/EC and in the Swiss Federal Act on Collective Capital Investments) and in compliance with Regulation S under the U.S. Securities Act of 1933, as amended (the "U.S. Securities Act"), in the US only to qualified institutional buyers (as defined in Rule 144A under the U.S. Securities Act). Subject to, and as described in greater detail in the prospectus regarding the offering of the New Shares, the excess net proceeds, if any, of the accelerated private placement due to holders of unexercised rights will be made available to them upon presentation of coupon number 40. The results of such a placement will be announced by a press release on Thursday 11 October 2007; the global results of the Rights Issue as well as the amount of the excess net proceeds, if any, will be published on Saturday 13 October 2007. Enquiries: Fortis Press Offices Brussels +32 (0)2 565 35 84 Utrecht +31 (0) 302 26 32 19 Investor Relations Brussels +32 (0)2 565 53 78 Utrecht +31 (0) 302 26 32 20 Merrill Lynch International Andrea Orcel +44 (0) 207 628 1000 Rupert Hume-Kendall Jim O'Neil Richard Slimmon Fortis Bank Simon Barnasconi +31 (0) 205 27 23 73 Disclaimer Merrill Lynch International and Fortis Bank are acting for Fortis only and no one else in relation to the Offering, and will not be responsible to anyone other than Fortis for providing the protections offered to their respective clients nor for providing advice in relation to the Offering. Merrill Lynch International did not approve this document and makes no representation or warranties as to the accuracy of the information contained herein. This document is not an offer of securities for sale nor the solicitation of an offer to purchase securities in the United States or in any other jurisdiction where such offer may be restricted. Securities may not be offered or sold in the United States unless they are registered under the U.S. Securities Act of 1933, as amended ("U.S. Securities Act") or exempt from registration. The securities of Fortis referred to in this press release have not been and are not being registered under the U.S. Securities Act and Fortis will not make a public offer of such securities in the United States. This announcement does not constitute an offer or invitation to sell or issue, or any solicitation of an offer to purchase or subscribe for securities and any subscription for or purchase of, or application for, Shares in Fortis, Rights or Scrips to be issued or sold in connection with the Offering should only be made on the basis of information contained in the Prospectus. Fortis has not authorised any offer to the public of Shares, Rights or Scrips in any Member State of the European Economic Area other than Belgium, the Netherlands and Luxembourg. With respect to each Member State of the European Economic Area other than Belgium, the Netherlands and Luxembourg and which has implemented the Prospectus Directive (each, a "Relevant Member State"), no action has been undertaken or will be undertaken to make an offer to the public of Shares, Rights or Scrips requiring a publication of a prospectus in any Relevant Member State. As a result, the Shares, Rights or Scrips may only be offered in Relevant Member States: (a) to legal entities which are authorised or regulated to operate in the financial markets or, if not so authorised or regulated, whose corporate purpose is solely to place securities; (b) to any legal entity which has two or more of the following criteria: (1) an average of at least 250 employees during the last financial year; (2) a total balance sheet of more than ¤43.0 million and (3) an annual net turnover of more than ¤50.0 million, as shown in its last annual or consolidated accounts; or (c) in any other circumstances, not requiring Fortis to publish a prospectus as provided under Article 3(2) of the Prospectus Directive. For the purposes of this paragraph, the expression an "offer to the public of Shares, Rights or Scrips" in any Relevant Member State means the communication in any form and by any means of sufficient information on the terms of the Offering and the New Shares and Rights to be offered so as to enable an investor to decide to purchase any securities, as the same may be varied in that Member State by any measure implementing the Prospectus Directive in that Member State and the expression "Prospectus Directive" means Directive 2003/71/EC and includes any relevant implementing measure in each Relevant Member State. This document does not constitute an offer of securities to the public in the United Kingdom. This document is for distribution in the United Kingdom only to and is directed at (i) persons who have professional experience in matters relating to investments falling within Article 19(1) of The Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the "Order") or (b) high net worth entities, and other persons to whom it may otherwise lawfully be communicated, falling within Article 49(1) of the Order (all such persons being referred to as "relevant persons"). This document must not be acted on or relied on by persons who are not relevant persons. Any investment or investment activity to which this communication relates is only available to relevant persons and will be engaged in only with relevant persons. Persons distributing this document must satisfy themselves that it is lawful to do so. The release, publication or distribution of this press release in certain jurisdictions may be otherwise restricted by law or regulations. Therefore, persons in such jurisdictions into which this press release is released, published or distributed must inform themselves about and observe such laws and restrictions. This announcement and the information contained herein are not for publication, distribution or release directly or indirectly in, or into, the United States, Canada, Australia or Japan. The content of this announcement includes statements that are, or may be deemed to be, "forward-looking statements". These forward-looking statements can be identified by the use of forward-looking terminology, including the terms "believes", "estimates", "anticipates", "expects", "intends", "may", "will", or "should", and include statements we make concerning the intended results of our strategy. By their nature, forward-looking statements involve risks and uncertainties and readers are cautioned that any such forward-looking statements are not guarantees of future performance. The Company's actual results may differ materially from those predicted by the forward-looking statements. The Company undertakes no obligation to publicly update or revise forward-looking statements, except as may be required by law.


 

Basel, Switzerland, October 11, 2007 - Basilea Pharmaceutica Ltd. (SWX:BSLN) announced today that the Marketing Authorization Application (MAA) for alitretinoin submitted to various EU Member States was accepted for review under the decentralized procedure. This application supports the proposed use of oral alitretinoin in patients with severe refractory chronic hand eczema. The Marketing Authorization Application (MAA) seeks approval for oral alitretinoin for the treatment of severe refractory chronic hand eczema (CHE) and is based on a clinical program comprising almost 2000 patients. Recently, a market authorization application for alitretinoin in severe refractory CHE has been submitted with the Swiss health authority Swissmedic. About Chronic Hand Eczema Hand eczema is a common skin disease and is often chronic and relapsing. It is estimated to affect up to 10% of the general population. The more severe, chronic form of the condition is thought to affect up to 7% of these patients, many of whom do not respond, or no longer respond to topical corticosteroids. Basilea estimates there are at least five hundred thousand patients in Europe with refractory severe CHE. About Basilea Basilea Pharmaceutica Ltd. is an integrated biopharmaceutical company headquartered in Basel, Switzerland, listed on the SWX Swiss Exchange (SWX:BSLN). Basilea is currently focused on the research, development and commercialization of new antibacterial, antifungal and dermatology drugs in the hospital and specialty care setting. Disclaimer This communication expressly or implicitly contains certain forward-looking statements concerning Basilea Pharmaceutica Ltd. and its business. Such statements involve certain known and unknown risks, uncertainties and other factors, which could cause the actual results, financial condition, performance or achievements of Basilea Pharmaceutica Ltd. to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Basilea Pharmaceutica Ltd. is providing this communication as of this date and does not undertake to update any forward-looking statements contained herein as a result of new information, future events or otherwise. For further information, please contact: +----------------------------------------------------------+ | General Information | Investor Relations | |-------------------------+--------------------------------| | information@basilea.com | Dr. Barbara Zink | | | investor_relations@basilea.com | +----------------------------------------------------------+ This press release can be downloaded from www.basilea.com The press release can also be downloaded from the following link:


 

STOCK EXCHANGE RELEASE October 11, 2007 Distribution Joint Venture for Russia and Ukraine Rapala VMC Corporation ("Rapala") and Shimano Inc. ("Shimano"), one of the leading manufacturers of rods and reels worldwide, have decided to strengthen their distribution alliance in Russia and Ukraine by establishing a 50/50 joint venture company in Finland, controlled by Rapala. This joint venture company, Rapala Shimano East Europe Oy, will acquire existing Rapala distribution companies in both of these countries. As a result of the new joint venture, these distribution companies will start to distribute, in addition to their current product offering, Shimano reels, rods and other Shimano fishing tackle products on exclusive basis. The distribution company in Russia will also start to distribute Shimano bicycle parts. "This is a historic and very important new step in the development of our distribution alliance, which will be a win-win concept for both parties and create a strong fishing tackle distributor in East Europe", says Jorma Kasslin, CEO of Rapala. "We are happy to extend our distribution alliance and to join forces with Rapala in East Europe, which is the fastest growing market area in fishing tackle and sporting goods", say Marc van Rooy, Managing Director of Shimano Europe Holding B.V. and Pierangelo Zanetta, Managing Director of Shimano Europe Fishing Holding B.V. This transaction is expected to be completed and closed by year-end and it will create a capital gain of some 4.8 MEUR for Rapala. It will have next to none effect on 2007 net sales but it is expected to increase Rapala's net sales more than 10 MEUR in 2008. Already before this transaction, Rapala distributes Shimano rods and reels and other Shimano branded products in South Africa and 20 countries in Europe. Shimano distributes Rapala branded products in 4 countries in Europe. Rapala to Issue 889 680 shares to Shimano for 5 MEUR Rapala Board of Directors has, based on the authorization of the shareholders' meeting held on April 4, 2007, decided to issue in deviation of the shareholders' priority 889 680 new shares, representing a 2.3% shareholding in Rapala, to Shimano (Singapore) Pte. Ltd. The share issue is part of the above mentioned arrangement of the distribution cooperation of Rapala and Shimano in East Europe. The funds generated through the share issue are intended to be used to strengthen the sales and marketing of Rapala's and Shimano's products in Europe. The subscription price per share is EUR 5.62. The subscription price is the weighted average price of the shares in Rapala from June 27 to September 27 on the OMX Nordic Exchange (Helsinki Stock Exchange). These new shares will not give right to dividend paid from financial year 2007. Shimano (Singapore) Pte. Ltd. has agreed to subscribe the above new shares, and there is a lock-up period of 12 months. The total number of outstanding shares after the issue of new shares is 39 468 449. EUR 80 071.20 of the subscription price will be recorded in the share capital of Rapala, and the share capital after the issue of new shares will be EUR 3 552 160.41. The trading of the new shares is expected to commence at the end of October. "This share issue is part of the arrangement where Rapala and Shimano strengthen their long-term distribution cooperation and it will support Rapala in exploiting the quickly increasing fishing tackle business in Eastern Europe. Shimano's product range compliments Rapala's product offering very well. Together we are stronger", says Emmanuel Viellard, Chairman of Rapala Board of Directors. The new shares shall be subscribed for by paying their subscription price on 12 October 2007 at the latest and the new share are expected to be registered approximately within the next two weeks. RAPALA VMC CORPORATION Jorma Kasslin Chief Executive Officer For further information: Jorma Kasslin, President and Chief Executive Officer, tel. +358 9 7562 540 Jouni Grönroos, Chief Financial Officer, tel. +358 9 7562 540 Olli Aho, Company Counsel, tel. +358 9 7562 540 Distribution: Main Media Helsinki Stock Exchange Rapala VMC Corporation is a leading fishing tackle company and the global market leader in the fishing lures, treble hooks and fishing related knives and tools. The Group also has a strong global position in other fishing categories. The Group has its own distribution companies in all the main markets and the largest distribution network in the industry. The main manufacturing facilities are located in Finland, France, Estonia and China. The Group brand portfolio includes the leading brand in the industry, Rapala, and other global brands like VMC, Storm, Blue Fox, Luhr Jensen, Williamson and Marttiini. The Group, with net sales of EUR 227 million in 2006, employs more than 4 000 people in 29 countries.


 

TM Software og Glitnir hafa gert með sér samning um notenda- og tölvurekstrarþjónustu. Markmið hans er að tryggja starfsmönnum Glitnis áfram fyrsta flokks notendaaðstoð, gæði og hagkvæmni í rekstri útstöðva bankans á Íslandi. Þetta kemur fram í fréttatilkynningu. Um er að ræða alhliða notendaaðstoð við starfsmenn bankans á Íslandi sem í dag eru yfir 1.300 talsins. Auk þess nær samningurinn til rekstrarþjónustu við yfir eitt þúsund útstöðvar á starfsstöðvum Glitnis um land allt. Útstöðvunum fylgir umtalsverð þjónusta og mjög mikilvægt að starfsmenn hafi öruggan og greiðan aðgang að tölvukerfum bankans og að uppitími þeirra sé tryggður. Þjónustan felst m.a. í aðgangi starfsmanna Glitnis að þjónustumiðstöð TM Software sem tekur við hjálparbeiðnum með tölvupósti og í gegnum síma þar sem lögð er áhersla á að leysa vandamál notenda í fyrsta símtali. Tæknimenn TM Software munu sjá um viðhald og rekstur útstöðva bankans með fastri viðveru á starfsstöðvum til að tryggja hámarks uppitíma og þjónustu.Leitað til sérfræðinga„Að fá sérfræðinga TM Software að rekstri tölvukerfa okkar er hluti af þeirri stefnu bankans að vista út ákveðnum þáttum í rekstri tölvukerfa okkar til fyrirtækja sem sérhæfa sig í viðkomandi þjónustu. Það eykur sveigjanleika og samfellu í rekstrinum og er kostnaðarlega hagkvæmara en eigin rekstur. Markmiðið er að fá skjóta aðstoð við kerfi og starfsmenn hvar og hvenær sem er og halda uppi háu þjónustustigi við starfsmenn Glitnis. Þetta gefur okkur hjá Glitni aukið svigrúm með eigin sérfræðinga sem nú geta einbeitt sér enn frekar að kjarnastarfsemi okkar og þjónustu við viðskiptavini bankans,“ sagði Jón Ingi Björnsson, framkvæmdastjóri Rekstrarþjónustu Glitnis, við undirritun samningsins.Reynsla„Við hjá Hjá TM Software erum að sönnu ánægð með að Glitnir skuli velja okkur til samstarfs. Hjá TM Software starfa margir af bestu sérfræðingum í upplýsingatækni á Íslandi og höfum við umfangsmikla reynslu í þjónustu við fyrirtæki og stofnanir. Undanfarin ár höfum við verið að byggja enn frekar upp þjónustumiðstöð okkar sem öflugan snertiflöt við viðskiptavini okkar. Þessi samningur sýnir að við erum á réttri leið með þá uppbyggingu,“ sagði Sigurður Þórarinsson, framkvæmdastjóri hjá TM Software.


 

Shannon, Ireland, October 10, 2007 at 13:00 PM (CET) - UCB welcomed today H.M. Albert II, King of the Belgians for the Grand Opening of a new facility. The new manufacturing facility will enable the production of Fesoterodine, a new drug to combat over-active bladder (incontinence) which has been developed by Schwarz Pharma, now part of the UCB Group, and is licensed exclusively to Pfizer. Construction of the facility, along with other site upgrade projects will be completed by the end of this year and the plant will be in operation in the first quarter of 2008. Dr Roch Doliveux, CEO and Chairman of the Executive Committee of UCB said: "This new facility will enable the production of an important new drug here. With 815Mio EUR investments worldwide in R&D, in 2006 and the full integration of Schwarz Pharma, UCB is actively building the next generation biopharma leader. UCB today is large enough to advance an especially rich pipeline and to launch our new products to specialists first. The recent launches of Neupro and Xyzal in the US demonstrate the power to execute our projects" UCB takes advantage of the state visit of HM Albert II, King of the Belgians to highlight the need for a common platform between Belgian universities and innovative industries, to make Belgium a leader in education, Research and Development. Based on this success in Ireland but also in the USA, Dr. Roch Doliveux calls for the increasing of public research, university funding and improvement of education in Europe and in Belgium to build on Belgian strong innovative capacities especially in sectors as Biopharma, ICT and nanotechnology. Further information Xavier Hormaechea Public Affairs T +32.2.559.9763 Xavier.hormaechea@ucb-group.com About UCB UCB, Brussels, Belgium (www.ucb-group.com) is a global leader in the l biopharmaceutical industry dedicated to the research, development and commercialisation of innovative pharmaceutical and biotechnology products in the fields of central nervous system disorders, allergy/respiratory diseases, immune and inflammatory disorders and oncology - UCB focuses on securing a leading position in severe disease categories. Employing more than 10,000 people in over 40 countries, UCB achieved revenue of 3.5 billion euro in 2006 on a pro forma basis. UCB is listed on the Euronext Brussels Exchange and owns approx. 89% of the shares of SCHWARZ PHARMA AG. SCHWARZ PHARMA AG (Monheim, Germany) is a member of UCB Group. Forward looking statement This press release contains forward-looking statements based on current plans, estimates and beliefs of management. Such statements are subject to risks and uncertainties that may cause actual results to be materially different from those that may be implied by such forward-looking statements contained in this press release. Important factors that could result in such differences include: changes in general economic, business and competitive conditions, effects of future judicial decisions, changes in regulation, exchange rate fluctuations and hiring and retention of its employees. For the pdf-version of this press release, please click on the link below:


 

Lasse Fjell, acting CFO of Saga Oil ASA bought 6 000 shares in Saga Oil ASA at a price of NOK 8,90 per share on Thursday, 4 October through his company Conscientia as. Fjell holds 6 000 shares in Saga Oil ASA after this transaction.


 

Combined Technology Increases Simulation Processing Speeds by More Than 35 Times MUNICH, GERMANY--(Marketwire - October 09, 2007) - Acceleware® Corp. (TSX VENTURE: AXE), a leading developer of high performance computing (HPC) solutions, today announced a partnership agreement through which Agilent® Technologies (NYSE: A) will resell the Acceleware acceleration products throughout its worldwide sales organization to Agilent Antenna Modeling Design System (AMDS(TM)) customers. Agilent is the leading supplier of electronic design automation (EDA(TM)) software for high-frequency system, circuit and modeling applications. Acceleware develops the fastest electromagnetic solver technology available on the market. These combined technologies will produce immense benefits for AMDS customers by increasing speeds of simulation processing by more than 35 times, thus reducing the time required to run a typical simulation from 10 hours to under 20 minutes. "Acceleware's technology significantly improves the productivity of our users in areas such as Antenna design for wireless appliances and signal integrity by increasing the speed and size of simulations they can perform," said Erwin De Baetselier, product marketing manager with Agilent's EEsof EDA division. "Simulating devices with AMDS typically reduces design cycle time significantly, eliminating up to 75 percent of the modeling and setup time required by other types of EM simulators." Agilent's AMDS is dedicated to antenna design applications. It imports, meshes and simulates an entire wireless device together with its surrounding real-world environment to analyze its compliance with standards such as hearing aid compatibility, specific absorption rate, antenna diversity and multiple-input, multiple-output. Acceleware's products, Accelerator(TM) Board and ClusterInABox(TM), are based on NVIDIA's GPU Computing architecture and when paired with Agilent's AMDS offer a high-speed turnkey simulation solution that can model antenna performance and cell phone regulatory compliance for cell phone manufacturers. Users of this combined Agilent/Acceleware offering are able to shorten the length of their design cycle while greatly increasing their level of accuracy. This solution is delivered as a deskside supercomputer that is simple to manage and available on-demand for engineers. Users additionally benefit from a significantly lower total cost of ownership as compared to traditional solutions of large, server room based computer clusters. "AMDS customers are continually challenged with shorter product development cycles for many complex products," said Ryan Schneider, Acceleware's chief technology officer. "Our solution allows AMDS users to push the boundaries of innovation by shortening the time scales required to deliver faster and better quality products, which will ultimately provide the best possible customer experience." About Agilent EEsof EDA Software Agilent EEsof EDA software is compatible with and is used to design the company's test and measurement equipment. Additional information about all of Agilent's EDA software offerings is available at www.agilent.com/find/eesof. About Acceleware Acceleware specializes in the development and marketing of special purpose software/hardware acceleration products used to reduce design simulation and data processing run-times of high performance computing (HPC) applications such as cell phone design, seismic data processing, printed circuit board design, drug discovery, photonic/communications devices design, oil reservoir simulation, lithography mask design, bio-medical imaging and others. Acceleware products are distributed by computer aided design (CAD) and computer aided engineering (CAE) software companies to end-users at the world's largest organizations in a wide range of industries. In each vertical market, Acceleware's third-generation board-level and engineering workstation products accelerate simulation and processing algorithms by a factor of 10 times or more, on average, reducing runtimes from multiple hours to minutes. Acceleware is a public company on Canada's TSX Venture Exchange under the trading symbol AXE. For more information about Acceleware, please visit www.acceleware.com. About Agilent Technologies Agilent Technologies (NYSE: A) is the world's premier measurement company and a technology leader in communications, electronics, life sciences and chemical analysis. The company's 19,000 employees serve customers in more than 110 countries. Agilent had net revenue of $5.0 billion in fiscal 2006. Information about Agilent is available on the Web at www.agilent.com. The TSX Venture Exchange Inc. does not accept responsibility for the adequacy or accuracy of this release. Contacts: Press only: Liaison Inc. Heidi Lowell (503) 796-9822 Email: heidi@liaisonpr.com Liaison Inc. Kerry Tescher (415) 391-0859 Email: kerry@liaisonpr.com Reader Contact: Acceleware Corp. Charlee Forbrigger, Marketing Manager (403) 249-9099 ext. 287 Email: info@acceleware.com Website: www.acceleware.com


 

Acting on its authorization to acquire up to 10% of its shares the H. Lundbeck Supervisory Board has resolved to initiate a share buyback program. Under the program H. Lundbeck will buy own shares for an amount of up to DKK 6 billion, cf. stock exchange announcement number 166 on 17th August 2005. During any one single trading day a maximum of 25% of the average daily trading volume of Lundbeck shares on the Copenhagen Stock Exchange, calculated over 20 days prior to each trading date, will be bought back, as the share buyback program is implemented in accordance with the provisions of the European Commission's regulation no. 2273/2003 of December 22, 2003. At least once every seven trading days, Lundbeck will issue an announcement in respect of the transactions made under the program. The following transactions have been made under the program: No. of shares Average Transaction value purchase price (DKK) (DKK) Accumulated, last 23,028,527 134.7220 3,102,449,141 announcement 01 October 2007 11,459 141.0276 1,616,035 02 October 2007 -- -- -- 03 October 2007 -- -- -- 04 October 2007 -- -- -- 15 October 2007 -- -- -- 08 October 2007 -- -- -- 09 October 2007 145,204 150.4081 21,839,855 Accumulated under the 23,185,190 134.8234 3,125,905,031 program Following the above buyback it is hereby announced that Lundbeck owns a total of 4,028,403 own shares at a nominal value of DKK 5, equal to 1.94% of the total number of 207,279,631 shares. The content of this release will have no influence on the Lundbeck Group's financial result for 2007. Lundbeck contacts Investors: Media: Jacob Tolstrup Caroline Broge Director, Investor Relations Media Relations Manager +45 36 43 30 79 +45 36 43 26 38 +1 201 350 0187 ________________________ Stock Exchange Release No 297 - 9 October 2007 About Lundbeck H. Lundbeck A/S is an international pharmaceutical company engaged in the research and development, production, marketing and sale of drugs for the treatment of psychiatric and neurological disorders. In 2006, the company's revenue was DKK 9.2 billion (approximately EUR 1.2 billion or USD 1.6 billion). The number of employees is approximately 5,300 globally. For further information, please visit www.lundbeck.com


 

TR-1[i]: notification of major interests in shares +-------------------------------------------------------------------+ | 1. Identity of the issuer or the | Billam plc | | underlying issuer of existing shares to | | | which voting rights are attached[ii]: | | |-------------------------------------------------------------------| | 2. Reason for the notification (please tick the | | | appropriate box or boxes) | | |--------------------------------------------------------------+----| | An acquisition or disposal of voting rights | X | |--------------------------------------------------------------+----| | An acquisition or disposal of financial instruments which | | | may result in the acquisition of shares already issued to | | | which voting rights are attached | | |--------------------------------------------------------------+----| | An event changing the breakdown of voting rights | | |--------------------------------------------------------------+----| | Other (please specify): | | | crossed________________________________________ | | |-------------------------------------------------------------------| | 3. Full name of person(s) subject to the | William Weston | | notification obligation[iii]: | | |-------------------------------------------+-----------------------| | 4. Full name of shareholder(s) (if | 05/10/2007 | | different from 3.)[iv]: | | |-------------------------------------------+-----------------------| | 5. Date of the transaction (and date on | | | which the threshold is crossed or reached | | | if different)[v]: | | |-------------------------------------------+-----------------------| | 6. Date on which issuer notified: | 08/10/2007 | |-------------------------------------------+-----------------------| | 7. Threshold(s) that is/are crossed or | 11% | | reached: | | |-------------------------------------------+-----------------------| | 8. Notified details: | | | +-------------------------------------------------------------------+ +---------------------------------------------------------------------------------------------+ |A: Voting rights attached to shares | |---------------------------------------------------------------------------------------------| |Class/type of shares |Situation previous to|Resulting situation after the triggering | | if possible using the |the Triggering |transaction[vii] | |ISIN CODE |transaction [vi] | | | |---------------------+-----------------------------------------------| | |Number of|Number of |Number of|Number of voting |% of voting rights| | |Shares |Voting |shares |rights ix | | | | |Rights viii|---------+------------------+------------------| | | | |Direct |Direct x|Indirect|Direct |Indirect | | | | | | |xi | | | |-----------------------+---------+-----------+---------+---------+--------+--------+---------| |Ords 20p |1,050,000|1,050,000 |1,175,000|1,175,000| |11.1 | | |GB00B06CZD75 | | | | | | | | +---------------------------------------------------------------------------------------------+ +-------------------------------------------------------------------+ | B: Financial Instruments | |-------------------------------------------------------------------| | Resulting situation after the triggering transaction xii | |-------------------------------------------------------------------| | Type of | Expiration | Exercise/ | Number of | % of | | financial | date xiii | Conversion | voting rights | voting | | instrument | | Period/ Date | that may be | rights | | | | xiv | acquired if the | | | | | | instrument is | | | | | | exercised/ | | | | | | converted. | | |------------+------------+--------------+-----------------+--------| | | | | | | +-------------------------------------------------------------------+ +----------------------------------------------+ | Total (A+B) | |----------------------------------------------| | Number of voting rights | % of voting rights | |-------------------------+--------------------| | 1,175,000 | 11.1 | +----------------------------------------------+ +-------------------------------------------------------------------+ | 9. Chain of controlled undertakings through which the voting | | rights and/or the financial instruments are effectively held, if | | applicable xv: | |-------------------------------------------------------------------| | | +-------------------------------------------------------------------+ +-------------------------------------------------------------------+ | Proxy Voting: | |-------------------------------------------------------------------| | 10. Name of the proxy holder: | | |------------------------------------------------------------+------| | 11. Number of voting rights proxy holder will cease to | | | hold: | | |------------------------------------------------------------+------| | 12. Date on which proxy holder will cease to hold voting | | | rights: | | +-------------------------------------------------------------------+ +------------------------------------------------+ | 13. Additional information: | | |-------------------------------+----------------| | 14. Contact name: | William Weston | |-------------------------------+----------------| | 15. Contact telephone number: | | +------------------------------------------------+ Annex Notification Of Major Interests In Shares xvi +-------------------------------------------------------------------+ | A: Identity of the person or legal entity subject to the | | notification obligation | |-------------------------------------------------------------------| | Full name (including legal form for legal | William Weston | | entities) | | |--------------------------------------------------+----------------| | Contact address (registered office for legal | | | entities) | | |--------------------------------------------------+----------------| | Phone number | | |--------------------------------------------------+----------------| | Other useful information (at least legal | | | representative for legal persons) | | +-------------------------------------------------------------------+ +-------------------------------------------------------------------+ | B: Identity of the notifier, if applicable xvii | |-------------------------------------------------------------------| | Full name | Alex Stanbury | |-------------------------------------------+-----------------------| | Contact address | Dawnay, Day Corporate | | | Finance Ltd. | | | 17 Grosvenor Gardens | | | SW1W 0BD | |-------------------------------------------+-----------------------| | Phone number | 020 7509 2319 | |-------------------------------------------+-----------------------| | Other useful information (e.g. functional | | | relationship with the person or legal | | | entity subject to the notification | | | obligation) | | +-------------------------------------------------------------------+ +----------------------------------+ | C: Additional information | |----------------------------------| | | +----------------------------------+ Notes [i] This form is to be sent to the issuer or underlying issuer and to be filed with the competent authority. [ii] Either the full name of the legal entity or another method for identifying the issuer or underlying issuer, provided it is reliable and accurate. [iii] This should be the full name of (a) the shareholder; (b) the person acquiring, disposing of or exercising voting rights in the cases provided for in DTR5.2.1 (b) to (h); (c) all the parties to the agreement referred to in DTR5.2.1 (a), or (d) the direct or indirect holder of financial instruments entitled to acquire shares already issued to which voting rights are attached, as appropriate. In relation to the transactions referred to in points DTR5.2.1 (b) to (h), the following list is provided as indication of the persons who should be mentioned: - in the circumstances foreseen in DTR5.2.1 (b), the person that acquires the voting rights and is entitled to exercise them under the agreement and the natural person or legal entity who is transferring temporarily for consideration the voting rights; - in the circumstances foreseen in DTR 5.2.1 (c), the person holding the collateral, provided the person or entity controls the voting rights and declares its intention of exercising them, and person lodging the collateral under these conditions; - in the circumstances foreseen in DTR5.2.1(d), the person who has a life interest in shares if that person is entitled to exercise the voting rights attached to the shares and the person who is disposing of the voting rights when the life interest is created; - in the circumstances foreseen in DTR5.2.1 (e), the parent undertaking and, provided it has a notification duty at an individual level under DTR 5.1, under DTR5.2.1 (a) to (d) or under a combination of any of those situations, the controlled undertaking; - in the circumstances foreseen in DTR5.2.1 (f), the deposit taker of the shares, if he can exercise the voting rights attached to the shares deposited with him at his discretion, and the depositor of the shares allowing the deposit taker to exercise the voting rights at his discretion; - in the circumstances foreseen in DTR5.2.1 (g), the person that controls the voting rights; - in the circumstances foreseen in DTR5.2.1 (h), the proxy holder, if he can exercise the voting rights at his discretion, and the shareholder who has given his proxy to the proxy holder allowing the latter to exercise the voting rights at his discretion. [iv] Applicable in the cases provided for in DTR 5.2.1 (b) to (h). This should be the full name of the shareholder or holder of financial instruments who is the counterparty to the natural person or legal entity referred to in DTR5.2. [v] The date of the transaction should normally be, in the case of an on exchange transaction, the date on which the matching of orders occurs; in the case of an off exchange transaction, date of the entering into an agreement. The date on which threshold is crossed should normally be the date on which the acquisition, disposal or possibility to exercise voting rights takes effect (see DTR 5.1.1R (3)). For passive crossings, the date when the corporate event took effect. These dates will usually be the same unless the transaction is subject to a condition beyond the control of the parties. [vi] Please refer to the situation disclosed in the previous notification, In case the situation previous to the triggering transaction was below 3%, please state 'below 3%'. vii If the holding has fallen below the minimum threshold , the notifying party should not be obliged to disclose the extent of the holding, only that the new holding is less than 3%. For the case provided for in DTR5.2.1(a), there should be no disclosure of individual holdings per party to the agreement unless a party individually crosses or reaches an Article 9 threshold. This applies upon entering into, introducing changes to or terminating an agreement. viii Direct and indirect ix In case of combined holdings of shares with voting rights attached 'direct holding' and voting rights 'indirect holdings', please split the voting rights number and percentage into the direct and indirect columns-if there is no combined holdings, please leave the relevant box blank. X Voting rights attached to shares in respect of which the notifying party is a direct shareholder (DTR 5.1) xi Voting rights held by the notifying party as an indirect shareholder (DTR 5.2.1) xii If the holding has fallen below the minimum threshold, the notifying party should not be obliged to disclose the extent of the holding, only that the new holding is below 3%. xiii date of maturity / expiration of the finical instrument i.e. the date when the right to acquire shares ends. xiv If the financial instrument has such a period-please specify the period- for example once every three months starting from the [date] xv The notification should include the name(s) of the controlled undertakings through which the voting rights are held. The notification should also include the amount of voting rights and the percentage held by each controlled undertaking, insofar as individually the controlled undertaking holds 3% or more, and insofar as the notification by the parent undertaking is intended to cover the notification obligations of the controlled undertaking. xvi This annex is only to be filed with the competent authority. xvii Whenever another person makes the notification on behalf of the shareholder or the natural person/legal entity referred to in DTR5.2 and DTR5.3. ---END OF MESSAGE---


 

Arctic Trucks hafa gengið frá samningi við Maritech um innleiðingu á Bifreiðakerfi (Vehicle Dealer Management System). Hugbúnaðurinn er sérstakelga hannaður og þróaður fyrir bílaumboð, verkstæði og sölu notaðra og nýrra bíla, segir í frétt frá félaginu.


 

Third Advance Value Realisation Company Limited announces that as at the close of business on 5th October 2007 the unaudited net asset value was 120.59 pence per Ordinary Share. As at 5th October 2007 the Company's unaudited total net assets were £26.7 million of which £9.3 million was held in cash and cash equivalents. The investments in the Company's portfolio have been valued at bid price and 22,114,490 Ordinary Shares used in the above calculation. ---END OF MESSAGE---


 

2007-10-09 Stockholm - The Chairman of the Board of Directors of Net Insight AB, in consultation with the four largest shareholders (voting rights), has established a nomination committee. Net Insight's nomination committee for the 2008 Annual General Meeting consists of Cliff Friedman (Constellation Ventures), Ramsay Brufer (Alecta), Åsa Nisell (Swedbank Robur), Christer Bohm (representing the three founders) and Lars Berg (Chairman of the Net Insight Board). The nomination committee appointed Lars Berg to serve as Chairman of the Committee. The nomination committee's task is to present proposals prior to the General Meeting in regards to the number of members of the Board of Directors to be elected by the General Meeting, the fees for the Board of Directors, possible fees for work in the Board's committees, the composition of the Board of Directors, the Chairman of the Board of Directors, chairman of the General Meeting and, when applicable, for the election of auditors and fees for the auditors. Shareholders wishing to make proposals to the nomination committee can do so by e-mail to: info@netinsight.net. For more information, please contact: Lars Berg, Chairman of the Net Insight Board of Directors, who can be reached through: Lena Åberg, Executive Assistant, by phone: +46 8 685 04 69, or by e-mail: lena.aberg@netinsight.net. About Net Insight Net Insight delivers the world's most efficient and scaleable optical transport solution for Broadcast and Media, Digital Terrestrial TV, Mobile TV and IPTV/CATV networks. Net Insight products truly deliver 100 percent Quality of Service with three times improvement in utilization of bandwidth for a converged transport infrastructure. Net Insight's Nimbra(TM) platform is the industry solution for video, voice and data, reducing operational costs by 50 percent and enhancing competitiveness in delivery of existing and new media services. World class customers run mission critical video services over Net Insight products for more than 100 million people in more than 25 countries. Net Insight is quoted on the Stockholm Stock Exchange. For more information, visit www.netinsight.net


 

4th quarter results 2007/preliminary annual result 2007: 14 February 2008 Annual General Meeting: 3 April 2008 1st quarter results 2008: 24 April 2008 2nd quarter results 2008: 31 July 2008 3rd quarter results 2008: 23 October 2008 Capital Markets Day: 27 November 2008 The dates may be subject to change. For further information, please contact: Investor relations: Ingrid Aarsnes, Investor Relations, Aker Kvaerner. Tel: +47 22 94 63 37 AKER KVÆRNER ASA, through its subsidiaries and affiliates ("Aker Kvaerner"), is a leading global provider of engineering and construction services, technology products and integrated solutions. The business within Aker Kvaerner comprises several industries, including Oil & Gas, Refining & Chemicals, Mining & Metals and Power Generation. The Aker Kvaerner group is organised in a number of separate legal entities. Aker Kvaerner is used as the common brand/trademark for most of these entities. The parent company in the group is Aker Kværner ASA. Aker Kvaerner has aggregated annual revenues of approximately NOK 50 billion and employs approximately 23 000 people in about 30 countries. Aker Kvaerner is part of Aker (www.akerasa.com), a group of premier companies with a focus on energy, maritime and marine-resources industries. The Aker companies share a common set of values and long traditions of industrial innovation. As an industrial owner with a 40.27 percent holding in Aker Kvaerner, Aker ASA takes an active role in the development of its holdings. This press release may include forward-looking information or statements and is subject to our disclaimer, see our web-pages www.akerkvaerner.com


 

Hamburg, Germany | Oxford, UK - Evotec AG (Frankfurt Stock Exchange: EVT) is going to hold an R&D Update in London on Tuesday 16 October 2007 at 13.00 pm BST (14.00 pm CET, 08.00 am US time East Coast) which will be broadcast live on the internet. Jörn Aldag, (President & Chief Executive Officer), Dr John Kemp, (Chief Research & Development Officer) and Dr Tim Tasker, (EVP Clinical Development) will provide an update on the status and development plans for Evotec's Clinical Programs and Discovery Projects. In addition, we are delighted to announce that Dr Michael G Kelly, (SVP Research & Development) at Renovis, will present the Renovis Pipeline Programs. To join the audio webcast and to access the presentation slides you will find a link on our home page www.evotec.com shortly before the event. For those who prefer to listen to the presentation via phone, please dial: From Europe: +49.(0)69.5007 1308 (Germany) +44.(0)20.7806 1956 (UK) From the US: +1.718.354 1388 Pass Code: 2793143 The on-demand version of the webcast will be available on our website: www.evotec.com - Investors - Webcasts. Contact: Anne Hennecke, Senior Vice President, Investor Relations & Corporate Communications, Evotec AG, Phone: +49-40-56081-286, anne.hennecke@evotec.com --- End of Message --- Evotec AG Schnackenburgallee 114 Hamburg Germany WKN: 566480; ISIN: DE0005664809 ; Index: Prime All Share, CDAX, HDAX, MIDCAP, TECH All Share; Listed: Geregelter Markt in Frankfurter Wertpapierbörse, Prime Standard in Frankfurter Wertpapierbörse, Freiverkehr in Börse Berlin, Freiverkehr in Bayerische Börse München, Freiverkehr in Börse Düsseldorf, Freiverkehr in Börse Stuttgart, Freiverkehr in Hanseatische Wertpapierbörse zu Hamburg, Freiverkehr in Niedersächsische Börse zu Hannover;


 

Trailblazing Technology Enables Bombardier Hybrid AGC to Run Across the Entire French Rail Network Hybrid AGC Ensures Fleet Optimization and the Introduction of New Non-Stop Services TROYES, FRANCE -- (MARKET WIRE) -- 10/09/07 -- Champagne-Ardenne regional and transportation authorities and Bombardier Transportation today inaugurated the first dual-mode and dual-voltage AGC (Autorail Grande Capacite, high-capacity railcar) in the presence of French National Railways (SNCF) CEO Anne-Marie Idrac. This event is a world premiere in that the hybrid AGC combines certain operating features for the first time ever in a train. Dual-mode (electrical and diesel) and dual-voltage (1500 and 25000 V) technology enables the Hybrid AGC to glide seamlessly across the entire railway network and to access electricity from any available source. This will result in energy savings and reduced CO2 emissions, as well as negating infrastructure constraints and the need for passengers to change trains. The Hybrid AGC also dovetails with the sustainable-mobility agenda, enabling operators to streamline vehicle management, enhance service quality, and protect the environment. The latest variant in the AGC range is at the cutting edge of railroad technology. As of today, 21 French regions have ordered and/or operate 698 AGC regional express trains. SNCF will be operating the Hybrid AGC on Champagne-Ardenne lines between Paris - Troyes - Culmont and between Culmont - Saint-Didier - Vitry. French and foreign VIP guests travelling on Hybrid AGCs from Paris and Dijon to the presentation ceremony in Troyes had an opportunity to enjoy this train's top-quality features and efficiency - in particular the imperceptible switches from electric to non-electrified tracks. The Regional President of Champagne-Ardenne, Jean-Paul Bachy confirmed, "This technological breakthrough demonstrates the Regional Council's determination to remain at the forefront of progress in the rail sector in Europe. This substantial investment from the Region meets the demands of users in terms of both safety and reliability. At the same time, it combines modernity with protection of the environment." Andre Navarri, President Bombardier Transportation, said: "This hybrid AGC is a new leap towards sustainable mobility. It reflects our ability to bring groundbreaking technology to authorities, SNCF and passengers. And it further increases the environmental edge that trains have created over other transportation options." Jean Berge, President Bombardier Transportation France added, "We are especially proud of this train, which was engineered and built in our plant in Crespin, in the Valenciennes area. The many foreign delegations that have joined us at the event reflect the interest that this environmentally friendly technology has generated. We see that as an encouraging sign for our efforts to harness this trailblazing expertise to augment our exports from France." Note to editors: Useful market and company background facts and contact details follow. A photo is available in our Multimedia Library at: http://www.transportation.bombardier.com/photography.jsp Background facts and figures Bombardier in France Bombardier Transportation in France operates primarily at its Crespin facility in the Valenciennes region, employs 1,600 people and is the leading French manufacturing site in the railway industry. In the French market, Bombardier Transportation participates in all TGV programs and manufactures a wide range of rolling stock for public transport. Among these products are the MF 2000 vehicles for the Paris metro, the Marseilles, Nantes and Strasbourg trams, the recent vehicles for the RER network, the TER2N NG regional transport railcars, the commuter trains to be used on the suburban network of Ile-de-France and the AGC trains (Autorail Grande Capacite), which 21 French regions have ordered to date. Bombardier is recognized as a global partner of the transport authorities in France. About Bombardier Transportation Bombardier Transportation has its global headquarters in Berlin, Germany with a presence in over 60 countries. It has an installed base of over 100,000 vehicles worldwide. The Group offers the broadest product portfolio and is recognized as the leader in the global rail sector. About Bombardier A world-leading manufacturer of innovative transportation solutions, from regional aircraft and business jets to rail transportation equipment, systems and services, Bombardier Inc. is a global corporation headquartered in Canada. Its revenues for the fiscal year ended Jan. 31, 2007, were $14.8 billion US, and its shares are traded on the Toronto Stock Exchange (BBD). News and information are available at www.bombardier.com. MULTIMEDIA AVAILABLE: http://www.ccnmatthews.com/em/2690 http://www.ccnmatthews.com/em/2689 http://www.ccnmatthews.com/em/2691 http://www.ccnmatthews.com/em/2692 Contacts: Champagne-Ardenne Regional Council Carole Blanchet + 33 3 26 70 31 75 Bombardier Transportation Anne Froger +33 6 07 78 95 38


 

Félag viðskiptafræðinga og hagfræðinga (FVH) hefur tekið upp þá nýbreytni að bjóða til fyrirlestrakvölda um hin ýmsu mál. Verður fyrsta kvöldið haldið fimmtudaginn 11. október nk. kl. 20-22 á Thorvaldsen Bar og verður helgað bandaríska fjárfestinum Warren Buffett. Már Wolfgang Mixa mun flytja erindi sem hann nefnir Warren Buffett: Sjálfstæði í hugsun og athöfnum.


 

In connection to the release of the results for Q3 2007 Storebrand invites to the following events: Wednesday 17 October 08.00 CET Release of stock exchange notification. Press release, quarterly report and analyst presentation will be available, also on www.storebrand.no/ir. 09:00 CET Combined press and analyst conference (in Norwegian) in Oslo at Felix Conference Centre, Bryggetorget 3, Oslo. To attend, please contact Anne-S. Wilhelmsen, tel. +47 22 31 26 20 or e-mail:aw3@storebrand.no 15.00 CET Analyst conference call in English. It is possible to attend the conference by calling in, or listen to the conference by using link on www.storebrand.no/ir. Click here for call-in and recorded version details [To participate in the conferance Call please register at least 10 minutes before the presentation starts, dial: +47 80080119 (from Norway) or +47 23000400 (from Norway or abroad) If you are unable to attend the presentation, we offer you two options: To access replay of conference call dail +47-67894091 account.no:1292 followed by # (pound sign) press 1 conference no: 292 followed by # (pound sign) press 1 to play] Thursday 18 October: 14.00 GMT Analyst conference in London in the Ostler Suite at the Chartered Insurance Institute, 20 Aldermanbury, London. To attend please contact Scandinavian Financial Communications Ltd, tel. 01263 861715 or e-mail. sfc.stevenson@btinternet.com Oslo, 25 September 2007 Egil Thompson Nils Robert Hodnesdal Director of Corporate Communications Vice President, Investor Relations & Corporate Finance


 

SCOTTSDALE, AZ--(Marketwire - October 09, 2007) - Auction Floor, Inc. (PINKSHEETS: AFLR) (FRANKFURT: ZUI), a leading web-based marketer and technology provider to the auction industry, today announced it has successfully completed a series of 27 live auction events using the Auction Floor beta platform. The Company's "AuctionLive" Platform is scheduled for a commercial launch date of October 22, 2007. The Company has instituted a 1-800 number (877-282-3567) and established customer support operations to handle sales and service. Online bidder participation on the AuctionLive platform averaged 47% of all placed bids and 40% of all winning bids came from online bidders as reported by the Company over the past seven auctions. The industry average of online participation is presently measured at 15%. Management to Plan New Initiative in Real Estate Live Auction Market According to the National Auctioneers Association, Real Estate property sales via Auction on the Internet have increased 39.2% a year over the past three years and accelerating. The total value of Auction revenue generated from Real Estate sales at Auction reached $51.2 Billion in 2006. According to the National Association of Realtors, 1 in 3 properties will eventually be sold at Auction and the Internet will play a vital role in exposing and delivering prospective bidders to Real Estate Auction events. "The Company intends to leverage the unique attributes of its 'AuctionLive' platform to build scalable revenues with a focus on key growth categories. The convenience, efficiency, and safety of the 'AuctionLive' platform for bidders, property owners, and their agents position us well to capitalize on the growth of this market segment," said CEO, Lou Sagar. Through its web site, www.auctionfloor.com, the Company attracts and aggregates bidders segmented by preferences, using a suite of bidding tools and services with a platform fully integrated into the eBay server system, complemented with its Auction Manager tools that enable fast and reliable uploading of text, and images. CAUTIONARY STATEMENTS This document does not constitute an offer to sell or a solicitation of an offer to buy any of our securities. This document contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements may include projections of matters that affect revenue, the ability to develop or license certain technologies; operating expenses or net earnings; projections of capital expenditures; projections of growth; hiring plans; plans for future operations; financing needs or plans; plans relating to the company's products and services; and assumptions relating to the foregoing. Forward-looking statements are inherently subject to risks and uncertainties, some of which cannot be predicted or quantified. Future events and actual results could differ materially from those set forth in, contemplated by, or underlying the forward-looking information. Contact: Auction Floor, Inc. 877-282-3567


 

9 October 2007 - Aker Kvaerner will publish its 3rd quarter results 2007 at the Oslo Stock Exchange on Tuesday 23 October at about 8.45 a.m. Central European Time. The results presentation will be held at Aker Kvaerner's headquarters, Lysaker at 9.30 a.m. the same morning. We invite investors, analysts and the media to Aker Kvaerner's results presentation: Date: Tuesday 23 October Time: 9.30 a.m. CET Location: The Auditorium at Aker Kvaerner's headquarters, Prof. Kohtsvei 15, Lysaker Language: English The presentation will be broadcasted live on http://www.akerkvaerner.com and http://www.oslobors.no/webcast at 9.30 a.m. CET. It will also be possible to ask questions via e-mail during the presentation. In addition, participants can listen in via telephone: Country Number Norway Free Call 800 193 95 UK Free Call 0800 694 2370 USA Free Call 1866 966 9444 International Dial In +44 (0) 1452 552 510 ID 19941163 The complete 3rd quarter results 2007 report and presentation will be available at www.akerkvaerner.com and www.newsweb.no ENDS For further information, please contact: Investor relations: Lasse Torkildsen, VP Investor Relations, Aker Kvaerner, Tel: +47 67 51 30 39 Media: Torbjørn Andersen, SVP Group Communications, Aker Kvaerner. Tel: +47 67 51 30 36, Mob: +47 928 85 542 Career opportunities: Visit http://www.akerkvaerner.com/Internet/CareerCentre AKER KVÆRNER ASA, through its subsidiaries and affiliates ("Aker Kvaerner"), is a leading global provider of engineering and construction services, technology products and integrated solutions. The business within Aker Kvaerner comprises several industries, including Oil & Gas, Refining & Chemicals, Mining & Metals and Power Generation. The Aker Kvaerner group is organised in a number of separate legal entities. Aker Kvaerner is used as the common brand/trademark for most of these entities. The parent company in the group is Aker Kværner ASA. Aker Kvaerner has aggregated annual revenues of approximately NOK 50 billion and employs approximately 23 000 people in about 30 countries. Aker Kvaerner is part of Aker (www.akerasa.com), a group of premier companies with a focus on energy, maritime and marine-resources industries. The Aker companies share a common set of values and long traditions of industrial innovation. As an industrial owner with a 40.27 per cent holding in Aker Kvaerner, Aker ASA takes an active role in the development of its holdings. This press release may include forward-looking information or statements and is subject to our disclaimer, see our web-pages www.akerkvaerner.com


 

Shanghai, China/Reykjavik, Iceland - October 9th 2007 - Sinopec, the Chinese energy company, and Glitnir, the Nordic Bank, have agreed to further develop their relationship in the field of geothermal energy development in China with support from Geysir Green Energy and Reykjavík Energy Invest; world leading geothermal investment companies. The purpose of the agreement is to increase the use of geothermal as a renewable energy source in China. The two companies will strengthen ties between them by upgrading investment scale and developing the technology involved in individual projects, as well as explore new opportunities, both in district heating and energy generation, nationwide in China. Glitnir and Sinopec have worked together on projects since 2005 and both parties are very satisfied with the outcome of their partnership. For the past months, the companies have had discussions on how such cooperation could be developed further. As a result of these discussions, it is the intention of the two companies to jointly set up a company with capabilities to develop geothermal and other renewable assets in China. This comes in addition to the Xianyang geothermal project that has been under development by the two companies and it's partners since 2005. The utilization of geothermal energy presents an environmental friendly, efficient and viable alternative to the traditional form of energy generation in China, namely coal, which accounts for more than 70 per cent of total generation in China. Governments of both countries support increased cooperation between the two countries in the field of geothermal energy utilization. There is an increasing demand for new renewable energy sources in China and Glitnir and Sinopec have been pioneers in the development of geothermal energy in China. With this agreement, the two companies confirm their intention to continue providing such leadership role in developing more green energy in China, in the form of geothermal energy. This announcement is made in the presence of the President of Iceland, HE Ólafur Ragnar Grímsson, Sinopec's Group Executive Vice President, Mr. Li Chunguang and Mr. Magnús Bjarnason, Glitnir's Executive Vice President of International Banking. For further information: Magnús Bjarnason, Executive Vice President for International Banking, Glitnir. Phone +354 844 4523 Jiang Zhu, Director & Chief Representative, China, mobile: +86 21 5882 5088 and http://www.glitnir.is/English/AboutGlitnir/Global/China/ Bjørn Richard Johansen, Managing Director, Corporate Communications, Glitnir. Phone: +47-47 800 100. E-mail: brj@glitnir.no For photos: E-mail: akj@glitnir.no About Sinopec China Petroleum & Chemical Corporation (hereafter referred to as "Sinopec") is a listed company on domestic and international stock exchanges with integrated upstream, midstream and downstream operations, prominent core businesses and a comprehensive marketing network. The Company was set up on 25th February, 2000 by China Petrochemical Corporation (Sinopec Group) as the sole initiator; pursuant to the Company Law of the People's Republic of China.Sinopec is an integrated energy and chemical company. The scope of its business mainly covers oil and gas exploration, development, production and marketing; oil refining; production and sales of petrochemicals, chemical fibers, chemical fertilizers and other chemical products; storage and pipeline transportation of crude oil and natural gas; import, export and import/export agency business of crude oil, natural gas, refined oil products, petrochemicals, chemicals, and other commodities and technologies; research, development and application of technology and information. It is China's largest producer and supplier of oil products (including gasoline, diesel and jet fuel, etc.) and major petrochemical products (including petrochemical intermediates, synthetic resin, synthetic fiber monomers and polymers, synthetic fiber and chemical fertilizer). It is also China's second largest crude oil producer. www.sinopec.com About Glitnir The financial group Glitnir offers universal banking and financial services, with the Nordic region as its home base. Glitnir is a leading niche player in three global industry segments: seafood/food, sustainable energy, and offshore services vessels. The group's services include retail, corporate and investment banking, stock trade/brokerage and capital management. Glitnir considers Iceland and Norway as its home markets. The Glitnir group has operations in Iceland, Norway, Sweden, Denmark, Finland, the UK, Luxembourg, Russia, USA, Canada and China. Glitnir is listed on the Icelandic Stock Exchange. For more information see www.glitnirbank.com About Reykjavik Energy Invest Reykjavik Energy Invest (REI) (www.reykjavikenergy.com) is the Reykjavik Energy (Orkuveita Reykjavikur) international business development and investment arm. We bring Reykjavik Energy's expertise to our partners and investments by focusing on creating partnerships to develop geothermal areas. REI invests in geothermal exploitation rights as well as site development, construction and operation of geothermal fields, and seeks to acquire geothermal plants currently in operation. Reykjavik Energy is the world's leading authority in the utilization of geothermal energy. We have consolidated our leadership over the past 60 years by supplying a large portion of the Icelandic population with geothermal water for domestic heating and by gradually developing new steam fields for power production. For more information: www.reykjavikenergy.com About Geysir Green Energy Geysir Green Energy is a leading investment company within the geothermal industry, investing in developing projects as well as geothermal operations. Geysir has since its foundation in January 2007 invested around USD 650 million in geothermal companies and projects around the world. Building on the extensive experience of Icelandic geothermal companies, Geysir has received great attention within the industry and is being recognized as a serious and dynamic investor in the field. For more information: www.geysirgreenenergy.is


 

Cargotec Corporation, Stock Exchange Announcement, October 9, 2007 at 2:50 p.m. Finnish time Cargotec Corporation will publish its January-September 2007 Interim Report on Thursday, October 18, 2007 at 12:00 p.m. Finnish time (GMT +3). The interim report will be available after publishing on the Company's internet pages at www.cargotec.com. The analyst and press conference hosted at Cargotec's head office, Sörnäisten rantatie 23, Helsinki, will be combined with a live international telephone conference on the same day at 2:00 p.m. Finnish time. The whole combined event will be in English. The presentation material will be available on the Company's internet pages by 2:00 p.m. Finnish time. The conference call phone numbers are the following: +1 866 966 5335 (if calling from the U.S.) +44 20 3023 4412 (if calling from rest of world) The conference can also be viewed as a live audio webcast through the internet pages at www.cargotec.com starting at 2:00 p.m. Finnish time. The archived webcast will be available on the internet pages later the same day. Sender: Cargotec Corporation Kari Heinistö Senior Executive Vice President and CFO Eeva Mäkelä SVP, Investor Relations and Communications For further information, please contact: Eeva Mäkelä, SVP, Investor Relations and Communications, tel. +358 204 55 4281 Cargotec is the world's leading provider of cargo handling solutions whose products are used in the different stages of material flow in ships, ports, terminals, distribution centers and local transportation. Cargotec Corporation's brands, Hiab, Kalmar and MacGREGOR, are market leaders in their fields and well-known among customers all over the world. Cargotec's sales are EUR 2.8 billion. The company employs over 10,000 people and operates in close to 160 countries. Cargotec's class B shares are quoted on the Helsinki Stock Exchange. www.cargotec.com


 

Landmark co-operation brings open access to services London, UK -Telefónica and Nokia today announced they are working together to accelerate the adoption of new Internet services on mobile devices by providing Telefónica customers with easy access to both Telefónica and Nokia Internet services. The collaboration includes areas such as menu customization, technology and billing co-operation. As part of the collaboration, Nokia will customize the new Multimedia Menu to provide easy access to Telefónica services.. Similarly, Telefonica customers will be able to access all Nokia services through the Multimedia Menu. Julio Linares, General Manager for Coordination, Business Development and Synergies, Telefónica S.A. said, "We want to provide our customers with an unparalleled mobile experience and by working with partners like Nokia, we can ensure that they have access to the best in Internet services. Our customers can take advantage of Telefónica's high quality mobile broadband network to access both Telefónica and Nokia services, as well as other third-party applications, and I'm confident that this will drive a dramatic increase in user uptake of these new services over the coming years." "We're extremely excited about this collaboration as I believe it can pave the way for a new way of working throughout our industry. Ease of use has always been at heart of Nokia devices and this collaboration is an important step in creating the same experience for Internet services," said Anssi Vanjoki, Executive Vice President and General Manager Nokia Multimedia. "Nokia devices and services are based on open standards, which makes it easy for us to work with forward thinking operators such as Telefónica to provide consumers with choice regarding which Internet services they want to access from their mobile device." About Telefonica Telefónica is one of the largest telecommunications companies in the world in terms of market capitalisation. Its activities are centered mainly on the fixed and mobile telephony businesses with broadband as the key tool for the development of both. The company has a significant presence in 24 countries and a customer base that amounts more than 212 million accesses around the world. Telefonica has a strong presence in Spain, Europe and Latin America, where the company focuses an important part of its growth strategy. Telefónica is a 100% listed company, with more than 1.7 million direct shareholders. Its share capital currently comprises 4,773,496,485 ordinary shares traded on the Spanish Stock Market (Madrid, Barcelona, Bilbao and Valencia) and on those in London, Paris, Frankfurt, Tokyo, New York, Lima, Buenos Aires and São Paulo. . httpt://www.telefonica.es About Nokia Nokia is the world leader in mobility, driving the transformation and growth of the converging Internet and communications industries. Nokia makes a wide range of mobile devices and provides people with experiences in music, navigation, video, television, imaging, games and business mobility through these devices. Nokia also provides equipment, solutions and services for communications networks. Media Enquiries: Nokia Communications Tel. +358 7180 34900 Email: press.office@nokia.com Telefonica Press Office Tel. +34 915840512 Email: prensa@telefonica.es www.nokia.com --- End of Message --- NOKIA P.O. Box 226<br>FIN-00045 NOKIA GROUP Espoo WKN: 870737; ISIN: FI0009000681; Index: DJ STOXX Large 200, DJ STOXX 50; Listed: Nordic list (Large Cap) in THE HELSINKI STOCK EXCHANGE;


 

Stockholm - Net Insight has received an order to expand a Digital Terrestrial TV (DTT) network in Eastern Europe. In June 2006, this customer selected Net Insight's Nimbra platform for the first rollout phase of the DTT network. The customer now continues to deploy the Nimbra platform to transport TV signals from national broadcasters, via optical fiber and radio links to the transmitter sites located across the country. The order has been received in cooperation with a European partner and will be delivered during the fourth quarter of 2007. "Our Nimbra platform is a well proven solution for Digital Terrestrial TV networks and our existing customer base continue to place expansion orders for their networks", says Fredrik Trägårdh, CEO of Net Insight. For more information, please contact: Fredrik Trägårdh, CEO of Net Insight AB, +46 8 685 04 00, fredrik.tragardh@netinsight.net About Net Insight Net Insight delivers the world's most efficient and scaleable optical transport solution for Broadcast and Media, Digital Terrestrial TV, Mobile TV and IPTV/CATV networks. Net Insight products truly deliver 100 percent Quality of Service with three times improvement in utilization of bandwidth for a converged transport infrastructure. Net Insight's Nimbra(TM) platform is the industry solution for video, voice and data, reducing operational costs by 50 percent and enhancing competitiveness in delivery of existing and new media services. World class customers run mission critical video services over Net Insight products for more than 100 million people in more than 25 countries. Net Insight is quoted on the Stockholm Stock Exchange. For more information, visit www.netinsight.net


 

The I.M. Skaugen Group (IMSK) today announces positive third quarter results The pre-tax profit was USD12.8 million for the 3Q07 compared to USD2.9 million for the 3Q06. The result of the 3Q07 on an EBITDA basis was USD18.6 million compared to USD8.8 million for the 3Q06 and USD8.2 million in 2Q07. Net pre-tax profit at the end of 3Q07 is USD21.3 million vs USD10.9 million at full year 2006. The I.M. Skaugen Group (IMSK) today announces positive third quarter results The pre-tax profit was USD12.8 million for the 3Q07 compared to USD2.9 million for the 3Q06. The result of the 3Q07 on an EBITDA basis was USD18.6 million compared to USD8.8 million for the 3Q06 and USD8.2 million in 2Q07. Net pre-tax profit at the end of 3Q07 is USD21.3 million vs USD10.9 million at full year 2006. I.M. Skaugen (IMS) is engaged in three business units; through Norgas, Skaugen Marine Construction (SMC) and Skaugen PetroTrans (SPT). Norgas comprises the group's gas transportation activities, SMC is responsible for the new ship building activities in China. SPT is involved in ship-to-ship transfer of crude oil and LNG. Norgas had a satisfactory performance for the 3Q07, benefiting from the continuing momentum of the global markets for petrochemical gases with acceptable returns. High utilization of the fleet resulting in acceptable overall earnings for the fleet. This despite higher operational costs in general; increasing our "vessel break-even cost levels" resulted in the best quarter ever for Norgas. It is expected that the volumes to be transported, and thus high utilization, will remain strong through the final quarter of the year. Skaugen Marine Construction (SMC), IMS's business unit responsible for all aspects of the company's newbuilding programmes. The first vessel completed as part of this program, the 3,200 CBM LPG carrier "Mei Wen Ti", was delivered to its buyers in 3Q07 and IMS took delivery of the second 3,200 LPG ship, "Qin Shi Huang" in 3Q07. The sale resulted in a gain of USD5.3 million for SMC. These vessels built to highest quality at expected cost, by SMC and with the cooperation of our Chinese Joint Venture partners. The cost of construction of these gas carriers are significantly below of comparable industry prices. We have experienced an increase in the construction costs of the SMC vessels compared to plan due to a substantial increase of raw materials (basic metal prices) and specially stainless steel prices in addition to higher cost for ship components. Our newbuilding program enables us however to renew and expand our fleet, with vessels that will offer special capabilities and added flexibility, at attractive price levels. Skaugen PetroTrans (SPT) experienced a quarter with challenging trading conditions. High chartering-in cost of tankers, to cover customer contracts, have continued to impact the business so far this year and this was in 3Q07 compounded by a reduction in volumes to be handled on behalf of our customers through much of third quarter. The short term excess tanker capacity we had could not be utilized in the low returning spot markets at satisfactory rates. The excess capacity resulted from lower volumes arising from unplanned maintenance activities at offloading centres and a drawing down of US oil stocks. On the positive side, the latest Aframax tanker was delivered to SPT - bringing to three the number of new buildings now in the fleet - and this will significantly benefit future weighted average vessel costs. With rates still holding firm for the time charter market that company's performance looks set to improve in the medium - to long term. New initiatives this quarter Norwegian utility provider Lyse Gass and I.M. Skaugen have joined forces to create a unique LNG "small scale" supply chain for the Nordic markets. It is expected to come on-stream in 2010, creating the North European market leader in LNG. The partners will jointly establish and own Nordic LNG AS that will be the company responsible for the logistic and sales of the LNG made by the liquefaction plant. A new 50/50 joint venture with GATX Corporation has been created. This new joint venture will assume the ownership of the first four 10,000 cbm sized Multigas carriers. IMS also announced an order for four 12.000cbm sized "Multigas" carriers that are capable of LNG transportation in addition to the petchem gases we normally carry. Two of these new larger ships have been confirmed and two will be reconfirmed by end 2007. I.M. Skaugen ASA Board of Directors If you have any questions, please contact: Bente Flø, Chief Financial Officer, on telephone +47 23 12 03 30/+47 91 64 56 08 or by e-mail: bente.flo@skaugen.com. This press release is also available on the Internet at our website: http://www.skaugen.com. Listed on the Oslo Stock Exchange, I.M. Skaugen ASA (IMSK) - www.skaugen.com - is a Marine Transportation Service Company engaged in the hassle free transportation of petrochemical gases and LPG, ship-to-ship transfer of crude oil and LNG, as well as the design and construction of smaller and specialized high quality marine vessels. IMSK is a fully integrated shipping company that designs, builds, owns, mans and manages our own ships. IMSK customers are major international companies in the oil and petrochemical industry, whom we serve worldwide from our operations in Dubai (UAE), Freeport and Houston (Texas), Oslo (Norway), Singapore Sunderland (UK), Nanjing, Shanghai, Taizhou, Zhangjiagang and Wuhan (China). IMSK operates recruitment and training programmes in St. Petersburg (Russia) and Wuhan (China) for the crewing of vessels. IMSK employs approx. 1,500 people and currently operates 44 vessels worldwide. The fleet comprises petrochemical gas and LPG carriers, Aframax tankers, vessels and barges for the transportation of gases on the Yangtze River (China) and a small number of workboats for Skaugen PetroTrans (SPT). IMSK has a comprehensive newbuilding project in China where it has one LPG vessels of three 3,200 cbm; three purpose designed combination carriers with LPG/Ethylene/VCM and Organic chemicals carrying capability and up to ten advanced 10,000-12,000 cbm LNG/LPG/Ethylene gas carriers are on order for Norgas for delivery from beginning 2007 and onwards. IMSK has invested in infrastructure with both a shipyard and a cargo plant maker in China to ensure innovative and flexible vessels at low cost. Six new, purpose designed and built "Aframax sized tankers", are on order for delivery to SPT on a long term Bareboat charter and for delivery from May 2007 until spring 2008.


 

CALGARY, ALBERTA--(Marketwire - October 09, 2007) - Genoil Inc. (TSX VENTURE: GNO)(OTCBB: GNOLF) announced today that it has signed a binding Memorandum of Understanding with Stone & Webster International, Inc. (SWI), a wholly owned subsidiary of The Shaw Group Inc. (NYSE: SGR), pursuant to which SWI will provide marketing and technical assistance to Genoil in connection with further development of Genoil's Genoil Hydroconversion Upgrader ("GHU") technology. Under the Memorandum of Understanding, Genoil and SWI will jointly participate in the marketing and further development of the GHU technology and will share the royalties from the licensing of the GHU technology. Genoil has granted SWI the exclusive right to provide global engineering, procurement and construction services to third party customers of Genoil for the scope of work required to incorporate the GHU technology into new and existing heavy oil upgrading projects. In addition, Genoil has granted SWI a right of first refusal for ten years to provide global engineering, procurement, construction and related services to such third party customers for the remaining project scope of work for such projects. About Stone & Webster A unit of The Shaw Group Inc. (NYSE: SGR), Stone & Webster International, Inc. (SWI), is a global leader in the development, engineering, design and construction of facilities supporting domestic and international power generation. Stone & Webster employs proprietary process technology to provide cost-effective solutions for petrochemical, refining and gas processing applications for the global process engineering and construction market. It provides engineering, construction and consulting services to federal facilities and environmental remediation, water and wastewater and transportation markets, and is a complete service provider to the chemicals and fibers, pipeline, telecommunications, energy services and manufacturing operations. For further information, please visit Stone & Webster at www.shawgrp.com About Genoil Genoil Inc. is an international engineering technology development company based in Alberta, Canada, that develops innovative hydrocarbon, oil and water separation and marine technologies for the oil and gas and commercial marine industries. ADVISORY: Certain information regarding the company, including management's assessment of future plans, contact values, completions dates, operations, profitability and the uses of the company's technology, may constitute forward-looking statements under applicable securities law and necessarily involve risks associated with oil and gas technologies, production, refining, marketing and transportation such as loss of market, volatility of prices, environmental risks, competition from other technologies, the effectiveness of the company's technologies and ability to access sufficient capital from internal and external sources; as a consequence, actual results may differ materially from those anticipated. The company assumes no obligation to update the forward-looking statements or to update the reasons why actual results could differ from those contemplated by the forward-looking statements. Statements included in this release may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Further information on potential risk factors that could affect the company's financial results can be found in the company's Reports filed with the Securities and Exchange Commission and with the Canadian Securities Administrators. The TSX Venture Exchange has neither approved nor disapproved of the information contained herein. Contacts: Genoil Inc. James Runyan Chief Operating Officer & Executive Vice-President (780) 416-5590 Email: jrunyan@genoil.net Website: www.genoil.net The Shaw Group Inc. Cindy Viktorin Director, Communications and Marketing, Energy & Chemicals (281) 368-4216 Website: www.shawgrp.com


 

FORM 8.3 DEALINGS BY PERSONS WITH INTERESTS IN SECURITIES REPRESENTING 1% OR MORE (Rule 8.3 of the City Code on Takeovers and Mergers) 1. KEY INFORMATION +-------------------------------------------------------------------+ | Name of person dealing (Note 1) | AXA Investment Managers UK | | | Limited/AXA Framlington | | | Investment Management Limited | |-----------------------------------+-------------------------------| | Company dealt in | Foseco Plc | |-----------------------------------+-------------------------------| | Class of relevant security to | Ordinary shares | | which the dealings being | | | disclosed relate (Note 2) | | |-----------------------------------+-------------------------------| | Date of dealing | 08/10/07 | +-------------------------------------------------------------------+ 2. INTERESTS, SHORT POSITIONS AND RIGHTS TO SUBSCRIBE (a) Interests and short positions (following dealing) in the class of relevant security dealt in (Note 3) +-------------------------------------------------------------------+ | | Long | Short | | | | | |----------------------------------+-------------------+------------| | | Number (%) | Number (%) | |----------------------------------+-------------------+------------| | (1) Relevant securities | 2,033,075 (1.22%) | | |----------------------------------+-------------------+------------| | (2) Derivatives (other than | | | | options) | | | |----------------------------------+-------------------+------------| | (3) Options and agreements to | | | | purchase/sell | | | |----------------------------------+-------------------+------------| | Total | 2,033,075 (1.22%) | | +-------------------------------------------------------------------+ (b) Interests and short positions in relevant securities of the company, other than the class dealt in (Note 3) +-------------------------------------------------------------------+ | Class of relevant security: | Long | Short | |-----------------------------------------+------------+------------| | | Number (%) | Number (%) | |-----------------------------------------+------------+------------| | (1) Relevant securities | | | |-----------------------------------------+------------+------------| | (2) Derivatives (other than options) | | | |-----------------------------------------+------------+------------| | (3) Options and agreements to | | | | purchase/sell | | | |-----------------------------------------+------------+------------| | Total | | | +-------------------------------------------------------------------+ (c) Rights to subscribe (Note 3) +---------------------------------------+ | Class of relevant security: | Details | |-----------------------------+---------| +---------------------------------------+ 3. DEALINGS (Note 4) (a) Purchases and sales +----------------------------------------------------------------+ | Purchase/sale | Number of securities | Price per unit (Note 5) | |---------------+----------------------+-------------------------| | Sale | 6,179 | 2.83p | |---------------+----------------------+-------------------------| | Sale | 125,000 | 2.83p | +----------------------------------------------------------------+ (b) Derivatives transactions (other than options) +-------------------------------------------------------------------+ | Product | Long/short (Note | Number of securities | Price per | | name, | 6) | (Note 7) | unit (Note | | e.g. CFD | | | 5) | |----------+------------------+------------------------+------------| | | | | | +-------------------------------------------------------------------+ (c) Options transactions in respect of existing securities (i) Writing, selling, purchasing or varying +------------------------------------------------------------------------------------+ |Product |Writing, |Number of |Exercise|Type, e.g.|Expiry|Option money | |name, |selling, |securities to which|price |American, |date |paid/received | |e.g. call|purchasing, |the option relates | |European | |per unit (Note| |option |varying etc.|(Note 7) | |etc. | |5) | |---------+------------+-------------------+--------+----------+------+--------------| +------------------------------------------------------------------------------------+ (ii) Exercising +-------------------------------------------------------------------+ | Product name, e.g. | Number of securities | Exercise price per | | call option | | unit (Note 5) | |--------------------+----------------------+-----------------------| | | | | | | | | +-------------------------------------------------------------------+ (d) Other dealings (including new securities) (Note 4) +-------------------------------------------------------------------+ | Nature of transaction | Details | Price per unit (if applicable) | | (Note 8) | | (Note 5) | |-----------------------+---------+---------------------------------| | | | | +-------------------------------------------------------------------+ 4. OTHER INFORMATION Agreements, arrangements or understandings relating to options or derivatives +-------------------------------------------------------------------+ | Full details of any agreement, arrangement or understanding | | between the person disclosing and any other person relating to | | the voting rights of any relevant securities under any option | | referred to on this form or relating to the voting rights or | | future acquisition or disposal of any relevant securities to | | which any derivative referred to on this form is referenced. If | | none, this should be stated. | |-------------------------------------------------------------------| | | | | +-------------------------------------------------------------------+ Is a Supplemental Form 8 attached? (Note 9) NO +-------------------------------------------------------------------+ | Date of disclosure | 09/10/2007 | |---------------------------------------------------+---------------| | Contact name | Maria Mauro | |---------------------------------------------------+---------------| | Telephone number | 0207 003 2812 | |---------------------------------------------------+---------------| | If a connected EFM, name of offeree/offeror with | N/A | | which connected | | |---------------------------------------------------+---------------| | If a connected EFM, state nature of connection | N/A | | (Note 10) | | +-------------------------------------------------------------------+ ---END OF MESSAGE---


 

Cisco Digital Media System Delivers Timely Targeted Promotions for Norwegian National Lottery in Nearly 4,000 Retail Stores OSLO, NORWAY--(Marketwire - October 09, 2007) - Norsk Tipping AS, the state-owned national lottery in Norway, has installed the Cisco (NASDAQ: CSCO) Digital Media System, a comprehensive digital signage solution for approximately 4,000 point-of-sale locations nationwide to deliver timely and targeted marketing communications to customers. The new Cisco high-definition video solution has contributed to reductions in the annual cost of printed marketing material to retailers and is creating a solid foundation for in-store advertising sales and interactive gaming. The Cisco Digital Media System was rolled out to Norsk Tipping's nationwide retail network in just six months, helping the company to be one of the first to market in Norway with an in-store digital signage network. The new solution helps Norsk Tipping offer interactive, multiplayer games to counter the growing competitive threat from online gaming sites. With hourly broadcasts, Norsk Tipping plans to deliver visually attractive, dynamic and targeted advertising. It can broadcast up-to-date data, such as jackpot information and current odds for Norsk Tipping's sports betting service, in real-time over the network. Norsk Tipping also uses the Cisco Digital Media System to segment its advertising, targeting its marketing messages based on the retail outlet's focus. For example, Norsk Tipping can target its marketing to different types of customers betting on specific games at specific times of the day. This segmentation, combined with more compelling in-store advertising, will help drive incremental sales for Norsk Tipping. The digital signage system is remotely managed from Norsk Tipping's headquarters and requires no on-site technical support in the stores, which significantly reduces operating costs. "The Cisco Digital Media System helps us to deliver the right communications, at the right time, to the right customer segments to generate incremental sales," said Stein Onsrud, technology advisor at Norsk Tipping. "The Cisco solution met all our requirements and distinguished itself with its reliability. It also distributes digital media over our existing Cisco IP network, which has the scalability and resiliency to support our thousands of retail locations." "Norsk Tipping is an excellent example of how the Cisco network can be the platform to help retailers drive sales through more cost-effective and compelling marketing and advertising," said Thomas Wyatt, general manager of the Digital Media Systems business unit at Cisco. "With digital signage, retailers can use targeted, eye-catching, high-definition content to capture customer attention and change messages in real time as product offerings or store conditions change. Retailers all over the world are transforming their in-store customer experience using networked digital signage." Stein Onsrud added: "With its flexibility and scalability, the Cisco Digital Media System is helping Norsk Tipping to strengthen its brand, increase sales, make it more attractive for retailers to sell our products and maintain customer confidence." Norsk Tipping has deployed Cisco routing, switching and video products, including Cisco Catalyst®6500 Series Switches with the Content Switching Module and the Cisco Digital Media System (Digital Media Manager and Digital Media Players). For more information about the Cisco Digital Media System, go to www.cisco.com/go/dms. About Norsk Tipping AS Norsk Tipping is Norway's leading games company, wholly-owned by the Norwegian state. The company's main objectives are to provide the Norwegian people with responsible games and entertainment within social acceptable conditions, and at the same time ensure a secure and long-term profit for the beneficiary organizations. The profit is divided equally between the sports and culture sectors. In a transition period, a part of the profit is also allocated to the research sector. The company operates the games of chance, Lotto, Viking Lotto and Joker; the games of skill, Tipping and Oddsen; and the scratch game Flax. In addition, the company operates the TV game, Extra, on behalf of the Norwegian Foundation for Health and Rehabilitation. About Cisco Systems Cisco (NASDAQ: CSCO) is the worldwide leader in networking that transforms how people connect, communicate and collaborate. Cisco news and information are available at http://www.cisco.com. For ongoing news, please go to http://newsroom.cisco.com. Cisco equipment in Europe is supplied by Cisco Systems International BV, a wholly owned subsidiary of Cisco Systems, Inc. Cisco, the Cisco logo, Catalyst and Cisco Systems are registered trademarks or trademarks of Cisco Systems, Inc. and/or its affiliates in the United States and certain other countries. All other trademarks mentioned in this document are the property of their respective owners. The use of the word partner does not imply a partnership relationship between Cisco and any other company. This document is Cisco Public Information. For direct RSS Feeds of all Cisco news, please visit "News@Cisco" at the following link: http://newsroom.cisco.com/dlls/rss.html For Case Study: http://www.cisco.com/application/pdf/en/us/guest/netsol/ns714/c647/cdccont_0900aecd80694a94.pdf For Video Case Study: http://newsroom.cisco.com/Newsroom/flash/evp/Flash7/main.html?videoXML=../xml/high/221C76FC094ED1C36CD33F4FCC6D3B05_ video.xml&defaultTopic=&defaultSubTopic For photo (Norsk Tipping Offices), please link to: http://newsroom.cisco.com/dlls/2007/eKits/Norsk_Tipping_Office.jpg For photo (Digital Sign), please link to: http://newsroom.cisco.com/dlls/2007/eKits/Digital_Sign.jpg Press Contact (local): Linda Bringsvor Hill & Knowlton T: +47 22048200 E: Linda.Bringsvor@hillandknowlton.com Press Contact (Europe): Matt Morgan Cisco T: +44 208 824 0760 E: mattmorg@cisco.com Analyst Contact: Lisbet Sherlock Cisco T: +44 20 8824 4003 E: lsherloc@cisco.com Investor Relations Contact: Andreas Goldau Cisco Systems T: +44 20 8824 8209 E: agoldau@cisco.com


 

STOCKMANN plc COMPANY ANNOUNCEMENT October 9, 2007, at 11.30 In September, the Stockmann Group's sales were up 7 per cent and amounted to EUR 129.8 million. In Finland there was one business day less this September than in September 2006. The best percentage increase in sales was reported by Seppälä whose sales were up 21 per cent. The division's sales were up 2 per cent in Finland and a whopping 82 per cent abroad. The strong growth abroad was attributable to the strong like-for-like sales growth in all market areas and the expansion of the network of stores especially in Russia. Sales by the Department Store Division were up 9 per cent. Sales grew by 3 per cent in Finland and 26 per cent abroad. The good growth in International Operations was attributable to the growth in like-for-like sales in all market areas, the effect of the new department store that was opened in Moscow in February, and the expansion of the Bestseller chain in Russia. Sales by Hobby Hall were 10 down on the September last year. Sales were down 9 per cent in Finland and 16 per cent abroad. The decrease in the monthly sales was attributable to the different campaign timing compared with last year and the change in the recording of sales brought by the new data system that was introduced in the spring. As a consequence of this change, the sales made during the last weekend of the month wasn't recorded until in October. STOCKMANN plc Hannu Penttilä CEO DISTRIBUTION OMX Nordic Exchange Helsinki Principal media The full report including tables can be downloaded from the enclosed link.


 

Fimmta Umhverfisþing umhverfisráðuneytisins fer fram í Reykjavík dagana 12. og 13. október næstkomandi. Þingið mun að þessu sinni fjalla um náttúruvernd og líffræðilega fjölbreytni. Meðal þeirra sem ávarpa þingið er Vilhjálmur Egilsson, framkvæmdastjóri Samtaka atvinnulífsins en Pétur Reimarsson, forstöðumaður hjá SA, mun taka þátt í pallborðsumræðum sem fram fara á laugardaginn. Umhverfisþing er opið öllum og einungis þarf að greiða fyrir hádegisverð. Hægt er að sjá dagskrá og skrá þátttöku á vef umhverfisráðuneytisins (www.umhverfisraduneyti.is/)


 

KESKO CORPORATION STOCK EXCHANGE RELEASE 09.10.2007 AT 11.00 The Kesko Group's sales, excluding VAT, in September 2007 totalled ¤806.1 million, an increase of 7.3% over the corresponding period of the previous year. In January-September the sales, excluding VAT, were ¤7,174.9 million, up 9.9% on the previous year. In January-September, the sales of foreign operations were ¤1,604.4 million, accounting for 22% of the Group's sales. Kesko Food's sales increase was 3.8% in September. The performance was good because in September, the number of Fridays significant in terms of sales was one less than in the previous year. Rautakesko's sales in September grew by 20.4% and were ¤245.2 million. Sales in Finland were up by 0.4%. Abroad, sales increased by 32.7%. Sales growth in Russia was 39.0%. VV-Auto's sales in September were ¤58.7 million, which is down by 16.6% on last year. In Finland, the number of first registrations of passenger cars decreased by 16.3% in September. The market share of passenger cars represented by VV-Auto was 13.1% (14.7%). Anttila's sales in September were ¤45.9 million, an increase of 7.7% on the previous year. The sales of Anttila's Kodin Ykkönen department stores were up by 13.0% and those of the Anttila department stores by 3.5%, whose decrease is partly attributable to the closing down of the City department store in Helsinki in January due to the expiry of the lease agreement. The number of retail days in the department store trade was one less than in the previous year. The biggest growth was in the sales of home electronics. Kesko Agro's sales in September were ¤73.7 million, up 24.3%. Sales in Finland increased by 13.6% and in the Baltic countries by 43.3%. The sales increase is attributable to the grain trade. the stock exchange release as a whole in pdf


 

(Stock Exchange Release) During the year 2008 Kemira Oyj will publish financial information as follows: - Financial results for the year 2007, February 6, 2008 at 9.00 am - Annual report 2007, week starting March 10, 2008 (week 11) - Interim report January-March 2008, April 29, 2008 at 9.00 am - Interim report January-June 2008, July 30, 2008 at 9.00 am - Interim report January-September 2008, October 29, 2008 at 9.00 am The Annual general meeting is scheduled for Wednesday, March 19, 2008 at 1.00 pm. The Board of Directors of the company will convene the meeting. Kemira Oyj Timo Leppä, Executive Vice President, Group Communications For more information, please contact Kemira Oyj Andreas Langhoff, IR Manager Phone +358 10 862 1140, Mobile +358 50 324 3941 E-mail: andreas.langhoff@kemira.com Kemira is a chemicals group made up of four business areas: Kemira Pulp&Paper, Kemira Water, Kemira Specialty and Kemira Coatings. Kemira is a global group of leading chemical businesses with a unique competitive position and a high degree of mutual synergy. In 2006, Kemira recorded revenue of around EUR 2.5 billion and had a payroll of 9,000 employees. Kemira operates in 40 countries. www.kemira.com


 

Start of delivery in 2008 from manufacture in Dortmund Dortmund: ELMOS Semiconductor AG is a supplier of integrated circuits of the new high-speed bus standard FlexRay® at BMW. Delivery is expected to start mid-2008 and will include a star coupler for FlexRay® systems to begin with. The newly developed integrated circuit replaces four conventional single transceivers and therefore enables space and cost optimized control devices. At the end of 2006 BMW was the first car manufacturer worldwide to integrate FlexRay® in its new X5 model for real-time communication in the active chassis control. In the coming years BMW will introduce the high-speed bus FlexRay® as the new standard for time critical applications. "To be listed as a FlexRay® supplier by BMW is a great success for ELMOS and further motivation to increase our competence in bus-systems. We are the first company worldwide that have successfully developed a FlexRay® star coupler and are able to offer our customers a unique solution. For ELMOS the delivery of key integrated circuits is an important element for future growth", says Dr. Frank Rottmann, member of the board for sales and development at ELMOS Semiconductor AG. The ELMOS FlexRay® IC E910.56 is a fourfold star coupler, which can be roused via network and has its own SPI diagnoses interface at its disposal. Thus the IC enables a comprehensive functionality for diagnoses coupled with appropriate error detection and treatment. The E910.56 allows for a low-priced and space-saving intelligent FlexRay® network management. Due to optimized EMC behaviour the star coupler handles high data streams of up to 10 Mbit/s and offers real-time networking. FlexRay® will be established as the future high-speed bus standard in the whole automotive industry. ELMOS has 20 years of experience in the development and production of semiconductor chips and is one of the worldwide leading suppliers of ICs for bus systems in the automobile. The ELMOS portfolio contains ICs for different bus standards such as CAN, K-Bus, LIN, byteflight and FlexRay®. For BMW alone ELMOS has delivered more than 100 million bus transceivers up to now. ELMOS Semiconductor AG is a producer and developer of system solutions on semiconductor basis. For more than 20 years, roughly 90% of sales have been generated with chips for automotive electronics. ELMOS Semiconductor AG Mathias Kukla Heinrich-Hertz-Str. 1 44227 Dortmund Germany Phone +49 231-75 49-0 Extension -199 Fax +49 231-75 49-548 info@elmos.de www.elmos.de --- End of Message --- ELMOS Semiconductor AG Heinrich-Hertz-Strasse 1 Dortmund Deutschland WKN: 567710; ISIN: DE0005677108; Index: Prime All Share, CDAX, HDAX, MIDCAP, TECH All Share, GEX; Listed: Prime Standard in Frankfurter Wertpapierbörse, Freiverkehr in Börse Düsseldorf, Freiverkehr in Börse Berlin, Freiverkehr in Hanseatische Wertpapierbörse zu Hamburg, Freiverkehr in Niedersächsische Börse zu Hannover, Freiverkehr in Börse Stuttgart, Geregelter Markt in Frankfurter Wertpapierbörse, Freiverkehr in Bayerische Börse München;


 

Zodiak Television's previously announced acquisition of Bullseye TV, a London based, fast growing international distribution and production company with an expected 2007 turnover of almost 3,6 MGBP and EBIT margins in the region of 20 %, is now completed. Bullseye was established in the late 90's as a dynamic and innovative independent distribution and production company. Recently appearing both in the Broadcast Top 100 Production and Top 30 Distributor Lists (where it was named as the fastest growing distributor in the UK), Bullseye has a strong reputation in the UK and an enviable presence in the international television market. In connection to this acquisition, Zodiak's distribution is moved to London and merged with Bullseye's distribution but keeps operating under the brand Zodiak Television World. Zodiak Television World now strengthens its management and product portfolio and creates a substantial full service distribution company. Bullseye's production company remains a separate entity and complements Zodiak's other production company Diverse Productions. There will be substantial non-recurring costs when selling the assets of Zodiak Television World to Bullseye and moving the activities to London, hence shutting down all distribution operations in Copenhagen. The non-recurring costs will have an effect in quarter 3 and the integration process will last through the year. More information will follow when the deal is concluded. The acquisition is made partly with cash and partly through a headed new share issue of stock in Zodiak, serial B, to an amount of SEK 4.0 million. The parties have agreed to hold the cash portion of the purchase price confidential. Additional payments might be made subject to the development of the earnings. For further information, please contact: Patrick Svensk, President and CEO, Zodiak Television, +46708 66 07 30 Zodiak Television AB carries on the development, production and sales of TV programmes under the brand names of MTV Mastiff, Mastiff Media, Mastiff, Jarowskij, T & T Broadcaster, Look Entertainment, Diverse Productions, Social Club Production 5th Element, Bird, TeleAlliance, Dixi Media, YS Films, Bullseye and Kanakna in Sweden, Denmark, Norway, Finland, England, USA, Poland, Russia, Ukraine, the Netherlands and Belgium. The subsidiary company Zodiak Television World sells the programmes and rights of the Group and other production companies in the international market with customers in more than 70 countries.


 

Berlin, October 9, 2007 - Jerini AG (FSE:JI4) announced today that its wholly-owned subsidiary, Jerini Ophthalmic, Inc., has treated the first patient in its Phase I clinical trial evaluating JSM 6427 for the treatment of age-related macular degeneration (AMD). JSM 6427 is a small molecule in development to prevent the progression of dry AMD to wet AMD, an unmet medical need affecting 600,000 patients in the United States. The Phase I trial will assess the safety of JSM 6427 in patients suffering from AMD and treat up to 36 patients with either single or repeat intravitreal doses. "By blocking a final common pathway in the initiation and progression of wet AMD, JSM 6427 is designed to address a large at-risk population of patients," said Anthony P. Adamis, CEO and President of Jerini Ophthalmic. "To date, these patients have no FDA-approved treatments for their condition." "Treatment of the first AMD patient represents a significant milestone for Jerini and is a confirmation of our strategy to develop novel therapeutics for patients with unmet medical needs," said Jens Schneider-Mergener, CEO of Jerini. "Jerini Ophthalmic's clinical development expertise will enable us to advance our ophthalmology programs, thereby generating significant value for Jerini." About JSM 6427 A product of Jerini's P2D platform, JSM 6427 is the first small molecule alpha5beta1 integrin receptor antagonist of its kind to be developed. It has been biologically validated for therapeutic use in the prevention and treatment of wet AMD, the leading cause of blindness in people over the age of 55. In comparison to other therapies, JSM 6427 not only blocks angiogenesis induced by multiple growth factors such as VEGF (Vascular Endothelial Growth Factor), but also inhibits the effects of other growth factors and cytokines leading to angiogenesis, inflammation, and fibrosis. To address patient convenience as well as compliance, Jerini Ophthalmic is currently conducting preclinical tests using slow release formulations of JSM 6427 for AMD and other fibrotic eye diseases. JSM 6427 is also a promising potential drug candidate for combined use with other approved anti-VEGF therapies. About Jerini Ophthalmic Jerini's wholly-owned US subsidiary, Jerini Ophthalmic, Inc., focuses on the rapid development of novel, highly specific therapeutics for eye diseases and extended-release formulations for chronic eye diseases. The company will further develop select compounds from Jerini's P2D technology platform, which target pathways associated with ophthalmic disease indications. About Jerini Jerini is a pharmaceutical company based in Berlin, Germany, focusing on the discovery, development, and commercialization of novel peptide-based drugs. The company pursues disease indications that have limited or no treatment options and has built a drug pipeline composed of its own programs, as well as others in collaboration with established partners. Jerini has completed Phase III clinical trials of Icatibant in the subcutaneous treatment of hereditary angioedema (HAE). The company's marketing authorization application has been accepted for review by the European Medicines Evaluation Agency (EMEA) and granted accelerated assessment by the agency, shortening the regulatory review period from 210 to 150 calendar days. Jerini plans to complete its US submission to the Food and Drug Administration (FDA) in the fourth quarter of 2007. Based on its technology platform, Jerini has also established several in-house development programs, which address indications within the therapeutic areas of ophthalmology, oncology, and inflammatory disease. ISIN: DE0006787476 For questions, please contact: Stacy Wiedenmann Director Investor Relations & Corporate Communications Jerini AG Invalidenstr. 130 10115 Berlin T + 49 - 30 - 97893 - 285 X + 49 - 30 - 97893 - 599 wiedenmann@jerini.com Gayle T. Gironda Senior Director, Business Operations Jerini Ophthalmic, Inc. 111 W. 50th Street, Floor 7: 7-422A New York, NY 10020 USA T + 1 212 - 408 - 0450 X + 1 212 - 262 - 4108 info@jophth.com


 

Wärtsilä Corporation Changes in company's own shares 9.10.2007 at 9.45 a.m. local time Wärtsilä Corporation has today received a notice from Svenska Litteratursällskapet i Finland r.f. that it has purchased Wärtsilä shares on the 22 August 2007 and now owns over 1/20 of the company's votes. Following the transaction Svenska Litteratursällskapet i Finland r.f. owns 1,546,596 A shares and 17,000 B shares giving a total holding of 1,563,596 Wärtsilä shares or 1.63% of Wärtsilä's share capital and 5.03% of the total votes. www.wartsila.com


 

- Clinquest will accelerate clinical development and commercialization - Amsterdam, the Netherlands, 04-10-2007 Clinquest Group of Amsterdam, The Netherlands has acquired the patent rights pertaining to the clinical stage F991 peptide from the University of Utrecht, the Netherlands. The F991 peptide shows promise in the treatment of a range of inflammatory and autoimmune diseases including multiple sclerosis and Crohn's disease. Under the terms of the agreement, the University of Utrecht will receive milestone fees and royalty payments but financial details were not disclosed. The F991 peptide is a potent inhibitor of immune responses that are mediated by antigen specific free Immunoglobulin Light Chains (IgLC). F991 antagonizes binding of IgLC's to mast cell receptors thereby preventing activation and degranulation of these cells. The IgLC mediated immunological pathway has been elucidated by researchers at the University of Utrecht and has been shown to play a role in the onset of chronic inflammatory responses and certain auto-immune reactions. Peptide F991 functions as a pharmacologically active compound regarding the inhibition of the onset of IgLC associated diseases. Studies in animal models of disease performed by the University of Utrecht have shown that F991 is able to inhibit clinical symptoms associated with asthma or Crohn's Disease and has potential therapeutic activity in models for multiple sclerosis. Furthermore, F991 appeared to be effective via several routes of administration. A clinical trial in healthy volunteers and two Proof of Concept trials have demonstrated that, even at high doses, F991 is safe and well tolerated in humans and shows promising biologic activity. These initial clinical trials were sponsored by Fornix Biosciences (Lelystad, the Netherlands). Clinquest will focus on the clinical development of F991 in a number of diseases with an autoimmune component (Multiple Sclerosis, Chronic Idiopathic Urticaria, Crohn's disease), in which elevated IgLC concentrations and mast cells are implicated. This is in line with its corporate growth strategy, which includes building a portfolio of collaborative projects on innovative therapeutic approaches, through its subsidiary Clinquest Pharmaceutical Innovations. Cees Wortel, CEO of the Clinquest Group, comments on the agreement: "The F991 peptide provides a novel and additional treatment opportunity for non-IgE mediated inflammatory diseases and for certain autoimmune diseases with a high medical need. The outstanding work performed by the University of Utrecht and Fornix offers an excellent basis for further successful clinical development of F991. Combining our strengths will be of great value in accelerating the next phase of development of F991." Frank Redegeld, Section Pharmacology and Pathophysiology, University of Utrecht: "The collaboration with Clinquest will accelerate the further clinical development of F991. Their proven expertise in inflammatory and autoimmune diseases assures a successful approach to translating our preclinical research into the application of F991 in the treatment of these diseases". About Clinquest Group The Clinquest Group is a trusted Healthcare Product Development Organization (PDO), which offers comprehensive product development services to the bio-pharmaceutical, medical device, diagnostics and medical data industries worldwide. Clinquest provides high-level strategic consulting as well as hands-on implementation services. Clinquest is recognized as a leader in the development of new, breakthrough technologies, first-in-man clinical trials and complex clinical studies. The Clinquest Group operates through three wholly-owned subsidiaries: Clinquest Inc., Clinquest Europe and Clinquest Pharmaceutical Innovations. The company is headquartered in Amsterdam, the Netherlands, and has offices in the USA and Singapore. www.clinquest.com About Clinquest Pharmaceutical Innovations Clinquest Pharmaceutical Innovations offers innovative risk sharing partnerships to selected clients, thereby maximizing the discovery efforts of its clients through the company's development resources and expertise. Clinquest Pharmaceutical Innovations is based in Amsterdam, The Netherlands. About University of Utrecht Utrecht University has developed into one of Europe's largest and most prominent institutes of research and education. Utrecht University offers the broadest spectrum of disciplines available in the Netherlands, innovative research and liaises with universities and research centers all over the world. ================== Media contacts: For Clinquest: Rolf Jan Rutten Director Pharmaceutical & Corporate Development Tel: +31(0)20 751 2041 Email: rjrutten@clinquest.com For University of Utrecht: Frank Redegeld, PhD Associate Professor Division of Pharmacology and Pathophysiology Department of Pharmaceutical Sciences Faculty of Sciences, Utrecht University Tel: +31(0)30 253 7355 Email: f.a.m.redegeld@uu.nl


 

Asker, Norway, October 8th, 2007 - Based on preliminary reporting from operating units, TGS management now expects net revenues for the third quarter of 2007 on the TGS standalone activity to be approximately the same as in the third quarter of 2006. The full third quarter earnings release is scheduled for October 25th, 2007 and will also include the financial results of Wavefield-Inseis operations for last ten days of Q3 2007. Third quarter revenues fell short of management's expectations due to productivity issues on the two newly delivered 3D vessels as well as difficulties in closing new Gulf of Mexico multi-client late sales commitments at the end of the quarter. GeoBarents started operations in the Gulf of Mexico during the first week of August, but experienced a very high percentage of technical downtime from mid-August to mid-September. Since mid-September, performance has been very satisfactory. BGP Pioneer re-started operations in West Africa during the first week of August, but lost approximately one week of operational time in mid-September due to replacement of a malfunctioning fuel valve. Multi-client late sales are often secured during the final weeks of a quarter. Our Gulf of Mexico customers were largely unavailable during that window this quarter due to the high level of focus and preparations for the record-setting Central Gulf of Mexico lease sale held on October 3rd. Management believes that this situation created a different buying pattern in Q3 and that its customers will now focus on the annual March lease sale leading to a more typical "Q4 effect" in multi-client activity. TGS and Wavefield-Inseis continue to progress the merger process and expect the merger to close as planned in late November. Currently, the management teams are preparing a joint plan for the optimal deployment of vessels for Q4 and 2008. TGS plans to issue Q4-2007 guidance based on the activity of the merged entity as a part of its Q3 Earnings Release on October 25th. CEO Hank Hamilton, VP Business Development John Adamick and CFO Arne Helland will host a conference call on October 9th at 15:00 Norwegian time (9:00 AM New York time). Norwegian attendees are invited to call 800 80 119 and international attendees are invited to call +47 23 000 400. Attendees may want to call 5-10 minutes before the start of the call to ensure registration and access. A Q&A session will follow a short introduction. A replay of the Conference call will be available shortly after. To access replay of TGS's conference call, dial +47-67 89 40 91, enter account number 1193 followed by # (pound-sign) press 1 Conference no: 193 followed by # (pound-sign) press 1 to play. TGS-NOPEC Geophysical Company (TGS) is a principal resource for global geoscientific data products and services in the E&P industry. TGS specializes in the design, acquisition and processing of multi-client seismic surveys worldwide and delivers advanced high performance seismic imaging and software solutions. The Company also provides the world`s largest online well-log database, well data management services, multi-client interpretive products and subsurface consulting services to industry. The suite of integrated exploration data products available from TGS is distinctive and unmatched. The Company philosophy is to create unique high-quality data collected in the right place at the right time. All statements in this press release other than statements of historical fact are forward-looking statements, which are subject to a number of risks, uncertainties and assumptions that are difficult to predict, and are based upon assumptions as to future events that may not prove accurate. These factors include TGS` reliance on a cyclical industry and principal customers, TGS` ability to continue to expand markets for licensing of data, and TGS` ability to acquire and process data products at costs commensurate with profitability. Actual results may differ materially from those expected or projected in the forward-looking statements. TGS undertakes no responsibility or obligation to update or alter forward-looking statements for any reason. TGS-NOPEC Geophysical Company ASA is listed on the Oslo Stock Exchange (OSLO: TGS). For more information about this news release, please contact: Arne Helland Chief Financial Officer Tel: +47 66 76 99 31/+47 91 88 78 29 Email: arne.helland@tgsnopec.no John Adamick VP Business Development Tel: +1 713 860 2100 Email: jada@tgsnopec.com --- End of Message --- TGS-NOPEC Hagaløkkveien 13 Asker Norway ISIN: NO0003078800; ;


 

Please be advised that Aktiv Kapital's financial calendar has been revised. The financial calendar for the remainder of 2007 is: 3rd quarter results 2007: Friday 2 November 2007 (changed from 1 November 2007).


 

- Final subscription and offer price set at ¤ 45 per new share - Gross proceeds of the offering totalling ¤ 440 million will be used to finance Wienerberger's growth strategy Vienna, October 9, 2007 - Wienerberger AG, a company listed on the Vienna stock exchange, successfully completed its capital increase, placing a total volume of 9,779,893 new shares. After the expiration of the subscription and offer period as well as the completion of the bookbuilding process, the final subscription and offer price was set at ¤ 45 per new share, very close to the average price of the Wienerberger share since the launch of the rights issue on September 21, 2007. Wienerberger will generate gross proceeds of approx. ¤ 440 million or net proceeds after costs and taxes of roughly ¤ 424 million, which it will use to continue its profitable and value enhancing growth strategy. The payment and delivery (closing/settlement) of the new shares is expected to take place on October 11, 2007. Strong interest from institutional and Austrian private investors At the subscription and offer price existing shareholders exercised approximately 40% of their subscription rights. In cooperation with the consortium banks, the remaining shares not subscribed by existing shareholders were broadly placed among Austrian and international investors. Due to the strong interest, the new shares were nearly 3-times subscribed. The orders of Austrian retail investors were fully allocated. Increase of equity capital to approx. ¤ 83.9 million As a result of the capital increase, the company's equity capital increased from ¤ 74.2 million to ¤ 83.9 million, while the company's market capitalization rises to approximately ¤ 4 billion. The new shares are expected to commence trading on the Vienna Stock Exchange on October 10, 2007, and are fully entitled to dividends for the business year 2007. Morgan Stanley and UniCredit acted as "joint global coordinators" and "joint bookrunners" in the offering. Continuation of Wienerberger's dynamic growth strategy with focus on CEE "We are very pleased with the placing of our new shares. Despite the challenging environment on global stock markets during the recent two weeks, the share price developed well towards the end of the bookbuilding period. Thus, we were able to set the final subscription and offer price at ¤ 45 per new share, very close to the level of the average share price since the announcement of the rights issue on September 21, 2007. This is a clear signal for the strong interest of investors in the Wienerberger share. The proceeds from the offering will be used to strengthen our equity base to continue Wienerberger's dynamic expansion track while maintaining its investment grade ratings. The implementation of selected strategic acquisitions and projects from our full pipeline - especially in the Eastern European growth markets - will promote further profitable growth. This will help us to create above-average value for our existing and new shareholders," comments Wolfgang Reithofer, CEO of Wienerberger, on the rights issue. Wienerberger: the world's largest producer of bricks Wienerberger is the world's biggest producer of bricks and the second largest producer of clay roof tiles in Europe. The company also holds leading positions with pavers in Europe, and operates a total of 253 production sites in 26 countries. In 2006, Wienerberger generated revenues of ¤ 2,225 million and EBITDA of ¤ 472 million. Legal Disclaimer: This press release constitutes neither an offer to sell nor a solicitation to buy any securities of Wienerberger AG. The securities have already been sold. This press release is not being issued in the United States of America and must not be distributed to U.S. persons (as defined in Regulation S of the U.S. Securities Act of 1933, as amended ("Securities Act")) or publications with a general circulation in the United States. This press release does not constitute an offer or invitation to purchase any securities in the United States. The securities of Wienerberger AG have not been registered under the Securities Act and may not be offered, sold or delivered within the United States or to U.S. persons absent from registration under or an applicable exemption from the registration requirements of the United States securities laws. This press release is directed only at persons (i) who are outside the United Kingdom or (ii) who have professional experience in matters relating to investments falling within Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2001 (as amended) (the "Order") or (iii) who fall within Article 49(2)(a) to (d) ("high net worth companies, unincorporated associations etc.") of the Order (all such persons together being referred to as "Relevant Persons"). Any person who is not a Relevant Person must not act or rely on this communication or any of its contents. Any investment or investment activity to which this communication relates is available only to Relevant Persons and will be engaged in only with Relevant Persons. NOT FOR DISTRIBUTION IN THE UNITED STATES, CANADA, JAPAN OR AUSTRALIA. For additional information contact: Thomas Melzer, Public and Investor Relations T +43(1)60192-463 | communication@wienerberger.com Download the press release from: www.wienerberger.com If you do not wish to receive the Wienerberger newsletter any longer, send an e-mail with subject: "unsubscribe newsletter" to communication@wienerberger.com.


 

Basel, Switzerland, October 9, 2007 - Basilea Pharmaceutica Ltd. (SWX:BSLN) announced today that the ceftobiprole phase III top-line study results in hospital-acquired pneumonia (HAP) met the primary endpoint of non-inferiority versus combination therapy of ceftazidime plus linezolid. Ceftobiprole is the first anti-MRSA (methicillin-resistant Staphylococcus aureus) broad-spectrum cephalosporin to complete phase III clinical trials and is being co-developed with Johnson & Johnson Pharmaceutical Research and Development, L.L.C. The study compared clinical outcomes following the treatment with either ceftobiprole monotherapy or combination therapy of ceftazidime plus linezolid in patients with HAP including a subgroup of patients with microbiologically and clinically more complex ventilator-associated pneumonia (VAP). This trial is the consolidated protocol from two former HAP trials. Overall, 69% of the clinically evaluable (CE) patients were cured with ceftobiprole compared to 72% of patients treated with combination therapy. The study met the non-inferiority criteria in both CE and intent-to-treat populations. In the CE patient population excluding VAP clinical cure rates were 77% for ceftobiprole and 76% for combination therapy. Cure rates in the smaller VAP patient subset (about 25% of patients enrolled) were lower for ceftobiprole treated patients and non-inferiority could not be established. Further analyses are ongoing. Ceftobiprole was generally well tolerated. The rate of overall adverse events was comparable between the two treatment groups. The adverse event profile of ceftobiprole was consistent with previous phase III studies and that of the cephalosporin class. "We are delighted with the preliminary results of this hospital-acquired pneumonia trial. According to recent publications, community-acquired pneumonia (CAP) and non-ventilator-associated pneumonia account for up to 90% of pneumonia patients in the hospital setting. The results of this study together with the recently announced positive top-line results from the trial in CAP requiring hospitalization will form the basis of further regulatory submissions" commented Dr. Anthony Man, CEO of Basilea. Ceftobiprole is currently under review by regulatory authorities in the U.S., Europe and Canada for the treatment of complicated skin and skin structure infections. Conference Call Basilea Pharmaceutica Ltd. invites you to participate in a conference call on October 9, 2007, 4 pm (CET), during which the company will discuss today's press release. Dial-in numbers are: +41 (0) 91 610 5600 (Europe und ROW) +1 (1) 866 291 4166 (USA) +44 (0) 207 107 0611 (UK) The playback will be available 1 hour after the conference call for 48 hrs. Participants requesting a digital playback may dial: +41 (0) 91 612 4330 (Europe) +1 (1) 866 416 2558 (USA) +44 (0) 207 108 6233 (UK) and will be asked to enter the ID 197 followed by the # sign. About Pneumonia in Hospitals Pneumonia is one of the leading causes of hospitalization and mortality. A recent survey of a large U.S. database indicates that of all hospitalized patients with pneumonia approximately 70% had community-acquired and/or healthcare-associated pneumonia. HAP and VAP accounted for a roughly 20% and 10%, respectively, of the population and MRSA was present in 9% to 25% of cases of pneumonia (Kollef, M. et al., Chest 2005; 128: 3854-3862). About Ceftobiprole Ceftobiprole (BAL5788), Basilea's lead antibacterial product, is the first of a new class of anti-MRSA broad-spectrum cephalosporin antibiotics. It is specially designed to inhibit penicillin-resistant targets in many Gram-positive cocci, resulting in potent bactericidal activity towards MRSA and penicillin-resistant Streptococcus pneumoniae (PRSP). In clinical trials, ceftobiprole has demonstrated a broad-spectrum profile targeting other Gram-positive and Gram-negative pathogens. In addition, it has shown a low potential to select resistance in vitro. In the trials, ceftobiprole was generally well tolerated with a safety profile consistent with the cephalosporin class of antibiotics. Ceftobiprole is being developed through an exclusive worldwide collaboration between Basilea Pharmaceutica Ltd. and Cilag GmbH International. Ortho-McNeil, Inc., will market ceftobiprole in the U.S. and Janssen-Cilag companies will market the product in Europe and Asia. Basilea has exercised its co-promotion rights for ceftobiprole in North America and major European countries, and maintains an option to co-promote the drug in Japan and China. About Basilea Basilea Pharmaceutica Ltd. is an integrated biopharmaceutical company headquartered in Basel, Switzerland, listed on the SWX Swiss Exchange (SWX:BSLN). We focus on the discovery, development and commercialization of innovative medicines to satisfy high medical and patient needs in the hospital and specialty pharmaceutical setting. Basilea has a diversified product portfolio including novel treatments for resistant bacterial infections, systemic fungal infections and severe skin diseases. The highly competitive product pipeline comprises three late-stage product candidates and substantial early-stage programs. Basilea is currently building its sales and marketing organization in the U.S. and major European markets to promote alitretinoin and co-promote ceftobiprole upon approval. Disclaimer This communication expressly or implicitly contains certain forward-looking statements concerning Basilea Pharmaceutica Ltd. and its business. Such statements involve certain known and unknown risks, uncertainties and other factors, which could cause the actual results, financial condition, performance or achievements of Basilea Pharmaceutica Ltd. to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Basilea Pharmaceutica Ltd. is providing this communication as of this date and does not undertake to update any forward-looking statements contained herein as a result of new information, future events or otherwise. For further information, please contact: +----------------------------------------------------------+ | General Information | Investor Relations | |-------------------------+--------------------------------| | information@basilea.com | Dr. Barbara Zink | | | investor_relations@basilea.com | +----------------------------------------------------------+ This press release can be downloaded from www.basilea.com The press release can also be downloaded from the following link:


 

Content Integration Leader Extends SAP NetWeaver Portal with Out-of-the-box Portlets Basel, Switzerland and Newport Beach, California - October 9, 2007 - Day Software (SWX:DAYN, OTCQX:DYIHY), a leading provider of global content management and content infrastructure software, today announced it has expanded its SAP integration capabilities to include support for SAP NetWeaver Portal 6.0. Day has previously supported SAP R/3 integration through the use of BAPI (Business Application Programming Interface) connectors, and RFCs (Remote Function Calls). With Day's support of SAP NetWeaver Portal, companies will now be able to easily integrate key business content and functionality into their SAP NetWeaver Portal environment using Day's out-of-the-box portlets. SAP NetWeaver Portal is a platform that allows companies to create composite business applications. As the foundation for an enterprise service-oriented architecture (enterprise SOA), the world's leading businesses trust SAP NetWeaver to provide an open, flexible and adaptable application. Day's extended capabilities provide out-of-the-box portlets, allowing managed content that is dynamically associated with the SAP NetWeaver Portal, to be displayed through iViews. Presentation capabilities are supported through the use of iViews, themes and external facing portals. Integration into portal navigation and TREX search is also available. Day extends the value of managed content through multi-language support, inter-portlet communication, content sharing and personalization. Support for LDAP and Single Sign-On enables seamless integration into the portal framework. Day's technologies allow companies to access their most valuable assets - information about its specific business, processes, products, customers and documents, which were previously 'locked' in proprietary repositories. Working with industry leaders such as EMC, IBM, SUN and Oracle, Day initiated and drove the industry adoption of the standard for content access, JSR 170. Under the leadership of Day's CTO, David Nuescheler, JSR 283 (version 2.0 of the Content Repository for Java Technology API), has successfully cleared Public Review. The next version of the standard will help to further improve the interoperability of content applications and content repositories. About Day - www.day.com Day is a leading provider of integrated content, portal and digital asset management software. Day's technology Communiqué offers a comprehensive, rapidly deployable framework to unify and manage all digital business data, systems, applications and processes through the web. Day is an international company, founded in 1993, and listed on the SWX Swiss Exchange (SWX:DAYN) since April 2000. Day shares are also traded Over the Counter (OTC) in the form of American Depositary Receipts (OTCQX:DYIHY). Day's customers are some of the largest global corporations and include Audi, DaimlerChrysler, Deutsche Post World Net, Deutsche Bank, InterContinental Hotels Group, McDonald's and Volkswagen. For Further Information Jackie Cadorin Katie Eakins & Wanda Soler Day Software LEWIS PR for Day Software 23 Corporate Plaza Drive, Suite 215 3131 Camino del Rio N, Suite 200 Newport Beach, CA 92660 San Diego, CA 92108 T +1 949 706 5300 T +1 619 516 2559 E-Mail: jackie.cadorin@day.com E-Mail: day@lewispr.com The English text of this press release represents the binding version. The media information can also be downloaded from the following link: --- End of Message --- Day Software Holding AG Barfüsserplatz 6 Basel Schweiz WKN: 936168; ISIN: CH0010474218; Index: SPI, SPIEX, SSCI; Listed: Main Market in SWX Swiss Exchange;


 

Amsterdam, 8. October 2007 - In accordance with Netherlands law and practice, AMG Advanced Metallurgical Group N.V. (EURONEXT AMSTERDAM: AMG) provides annual and half-year results to its shareholders. To provide interim information with respect to performance in the third quarter, AMG today announced highlights for the quarter as well as its preliminary revenue for the three and nine month periods ended 30. September 2007. "Quarterly performance was in line with management expectations. We are on a good track for a successful year," said Dr. Heinz Schimmelbusch, Chairman of the Management Board and Chief Executive Officer. Preliminary Revenue Preliminary revenue for the quarter ended 30. September 2007 was $291 million compared to $230 million for the third quarter 2006, an increase of 27%. Preliminary revenue for the nine months ended 30. September 2007 grew to $835 million compared to $691 million for the comparable period in 2006, an increase of 21%. Third quarter preliminary revenue in the Advanced Materials division was $212 million, an increase of 12% over the comparable 2006 period. Preliminary revenue in the Advanced Materials division for the first nine months of 2007 was $628 million, an increase of 10% over the comparable 2006 period. Third quarter preliminary revenue in the Engineering Systems division rose to $79 million, an increase of 95% over 2006, while the division's revenue for the first nine months of the year to grew to $207 million or 70% more than the comparable 2006 period. Third Quarter Highlights Advanced Materials The Advanced Materials division completed a number of important steps in the third quarter. * AMG successfully completed the refurbishment of the primary furnace at its ferrovanadium plant in Cambridge, Ohio. This required a planned five-week halt in production during the third quarter. The project was completed on time and on budget. * In the solar silicon business, Timminco Limited's subsidiary, Becancour Silicon, Inc. ("BSI") broke ground on its new facility, which is expected to begin solar silicon production by the end of the fourth quarter 2007. In September 2007, BSI signed its third solar silicon contract for 13,000 tonnes over five years. To finance further expansion and further quality improvement, Timminco completed a C$86 million equity offering. AMG contributed approximately half of the equity capital in the offering to retain its majority control position. Engineering Systems The Engineering Systems division performance for the quarter and the nine months ended 30. September 2007 was bolstered by the sale of industry leading products into strong solar, aerospace and energy markets. * The division's order backlog was $317 million at 30. September 2007. Approximately 75% of the backlog relates to solar and titanium furnaces. With this backlog the Company's delivery schedule extends through 2009. * AMG's acquisition of a new manufacturing facility for solar furnaces in Berlin was completed in August. Refurbishment is ongoing, with production expected to begin in November. About AMG AMG, incorporated in the Netherlands, is a leading global specialty materials company offering highly engineered metallurgical products and advanced vacuum furnace systems to a broad range of end markets. AMG utilizes its proprietary know-how to supply sophisticated metals and materials through its production and revenue activities in 12 countries on five continents. In addition, AMG designs, engineers and produces advanced vacuum furnace systems for growing industries globally. AMG's metallurgical expertise has enabled it to capture leading market positions for many of its products and systems. Most of AMG's products and systems are critical to the production of key components for the aerospace, energy (including solar and nuclear), electronics, optics, chemicals, construction and transportation industries. AMG is organized into two business units: Advanced Materials and Engineering Systems. The Advanced Materials unit develops and produces niche specialty metals and complex metals products, many of which are used in demanding, safety-critical, high-stress environments. AMG is one of a limited number of significant producers globally of niche specialty metals, such as ferrovanadium, ferronickel-molybdenum, ferrotitanium, aluminium master alloys and additives, silicon metal (including solar grade), chromium metal and magnesium alloys, used by steel, aluminium, silicones and superalloy producers for aerospace, energy, electronics, optics, chemicals, construction and transportation applications. The Engineering Systems unit designs, engineers and produces advanced vacuum furnace systems and operates vacuum heat treatment facilities. AMG sells vacuum furnace systems to customers in the aerospace, energy (including solar and nuclear), transportation, electronics, superalloys and specialty steel industries. AMG operates globally with production facilities in Germany, the United Kingdom, France, the United States, Canada, Mexico, Brazil and Australia and also has sales and customer service offices in Belgium, Russia, China and Japan (website: http://www.amg-nv.com). Disclaimer Certain statements in this presentation constitute forward-looking statements, including statements regarding the company's financial position, business strategy, plans and objectives of management for future operations. These statements, which contain the words "believe," "expect," "anticipate," "intends," "estimate," "forecast," "project," "will," "may," "should" and similar expressions, reflect the beliefs and expectations of the directors of AMG Advanced Metallurgical Group N.V. (the "Company") and are subject to risks and uncertainties that may cause actual results to differ materially. These risks and uncertainties include, among other factors, the achievement of the anticipated levels of profitability, growth, cost and synergy of the Company's acquisitions, the timely development and acceptance of new products, the impact of competitive pricing, the ability to obtain necessary regulatory approvals, and the impact of general business and global economic conditions. These and other factors could adversely affect the outcome and financial effects of the plans and events described herein. Neither the Company, nor any of its respective agents, employees or advisors intend or have any duty or obligation to supplement, amend, update or revise any of the forward-looking statements contained in this presentation. The information and opinions contained in this document are provided as at the date of this presentation and are subject to change without notice. This document has not been approved by any competent regulatory or supervisory authority. For further information please contact: AMG Advanced Metallurgical Group N.V. +1 610 293 2508 Bill Levy Chief Financial Officer blevy@amg-nv.com


 

Basel, Switzerland, October 8, 2007 - Basilea Pharmaceutica Ltd. (SWX:BSLN) announced today that Swissmedic has accepted for assessment the marketing authorization application of ceftobiprole for the treatment of complicated skin and soft tissue infections (cSSTI) including diabetic foot infections. The application is subject to an accelerated review. The regulatory dossier was submitted by Basilea's license partner Janssen-Cilag AG, a Johnson & Johnson company. Swissmedic had previously granted accelerated assessment of the marketing authorization application ("Beschleunigtes Zulassungsverfahren") for ceftobiprole for the treatment of complicated skin and soft tissue infections. Ceftobiprole is currently under review by regulatory authorities in the U.S., Canada and the European Union. Ceftobiprole is being developed through an exclusive worldwide collaboration between Basilea Pharmaceutica Ltd. and Cilag GmbH International. About Basilea Basilea Pharmaceutica Ltd. is an integrated biopharmaceutical company headquartered in Basel, Switzerland, listed on the SWX Swiss Exchange (SWX:BSLN). Basilea is currently focused on the research, development and commercialization of new antibacterial, antifungal and dermatology drugs in the hospital and specialty care setting. Disclaimer This communication is intended for information to the financial community only (investors and/or potential investors and their advisors) and expressly or implicitly contains certain forward-looking statements concerning Basilea Pharmaceutica Ltd. and its business. Such statements involve certain known and unknown risks, uncertainties and other factors, which could cause the actual results, financial condition, performance or achievements of Basilea Pharmaceutica Ltd. to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Basilea Pharmaceutica Ltd. is providing this communication as of this date and does not undertake to update any forward-looking statements contained herein as a result of new information, future events or otherwise. For further information, please contact: +-----------------------------------------------------------------+ | General Information | Investor Relations | |--------------------------------+--------------------------------| | information@basilea.com | Dr. Barbara Zink | | | investor_relations@basilea.com | +-----------------------------------------------------------------+ This press release can be downloaded from www.basilea.com The press release can also be downloaded from the following link:


 

This is a joint press release of KPN ICT Services B.V. and Getronics N.V. which is required pursuant to the provisions of article 9b paragraph 1 of the Dutch Securities Markets Supervision Decree 1995 (Besluit toezicht effectenverkeer 1995). This press release is not for release, distribution or publication, in whole or in part, in or into the United States of America, Canada, Australia, Japan and Italy. The offers for ordinary shares and convertible bonds of Getronics N.V. are not made in or into the United States of America, Canada, Australia, Japan and Italy. The Hague, Amsterdam, 8 October 2007 Following the press releases of 30 July 2007, 29 August 2007 and 11 September 2007, KPN ICT Services B.V. (the "Offeror"), a directly wholly owned subsidiary of Royal KPN N.V. ("KPN"), and Getronics N.V. ("Getronics") jointly announce that the European Commission has granted clearance for the proposed acquisition of Getronics by the Offeror without imposing any conditions. With this clearance from the EC received, all required clearances from antitrust authorities have been obtained. This announcement will also be published in Dutch. In the event of any inconsistencies between the English and Dutch versions of this announcement, the English version will prevail. Press and Investor Enquiries KPN: Press enquiries: Marinus Investor enquiries: Eric Hageman, Head of Potman IR Tel: +31 70 44 66 300 Tel: +31 70 34 39 144 Email: press@kpn.com Email: ir@kpn.com Getronics: Press enquiries: Simon Investor enquiries: Simon Theeuwes, VP Theeuwes Investor Relations Tel: +31 20 586 1581 Tel: +31 20 586 1982 Email: Email: investor.relations@getronics.com media@getronics.com


 

NOTIFICATION OF MAJOR INTERESTS IN SHARES 1. Name of company Novae Group plc 2. Name of shareholder having a major interest Prudential plc group of companies 3. Please state whether notification indicates that it is in respect of the holding of the shareholder named in 2 above or in respect of a non-beneficial interest or, in the case of an individual holder, if it is a holding of that person's spouse or children under the age of 18 Shareholder in 2 above 4. Name of the registered holder(s) and, if more than one holder, the number of shares held by each of them +-------------------------------------------------------------------------------------+ |HSBC GIS Nominees (UK) Limited a/c |5,281,332 | |PPL | | |-------------------------------------------------------+-----------------------------| |HSBC GIS Nominees (UK) Limited a/c |23,330,617 | |PAC | | |-------------------------------------------------------+-----------------------------| |Nortrust Nominees Limited a/c |159,290 | |MHF01 | | |-------------------------------------------------------+-----------------------------| |Nortrust Nominees Limited a/c MKK01 |36,454,192 | +-------------------------------------------------------------------------------------+ 5. Number of shares / amount of stock acquired Nil 6. Percentage of issued class Nil 7. Number of shares / amount of stock disposed Nil 8. Percentage of issued class Nil 9. Class of security Ordinary Shares of 10 pence each. ISIN number GB00B114L043. Each Ordinary share of 10 pence attracts one voting right. There are no other securities in issue attracting voting rights. 10. Date of transaction 28 September 2007 11. Date company informed 02 October 2007 12. Total holding following this notification 65,225,431 13. Total percentage holding of issued class following this notification 8.90% 14. Any additional information M & G Securities Limited, a wholly owned subsidiary of M & G Limited, which is in turn a wholly owned subsidiary of M & G Group Limited, a wholly owned subsidiary of the parent company Prudential plc, has crossed the 5% notifiable interest triggering this notification. M & G Securities Limited now has an interest in 36,613,482 Ordinary shares of 10 pence each, representing an interest in 5.0% of the voting rights attributable to the Ordinary shares of 10 pence each. 15. Name of contact and telephone number for queries Teresa Furmston 020 7903 7303 16. Name and signature of authorised company official responsible for making this notification Mark Turvey Date of notification 08 October 2007 The FSA does not give any express or implied warranty as to the accuracy of this document or material and does not accept any liability for error or omission. The FSA is not liable for any damages (including, without limitation, damages for loss of business or loss of profits) arising in contract, tort or otherwise from the use of or inability to use this document, or any material contained in it, or from any action or decision taken as a result of using this document or any such material. ---END OF MESSAGE---


 

Martinsried, Germany, 8th October 2007. KINAXO Biotechnologies today announced that it has added quantitative analysis to its KinaTor(TM) chemical proteomics platform tailored for the cellular profiling of kinase inhibitors. The enhanced KinaTor(TM) Cellular Profiling Service enables KINAXO's pharmaceutical and biotechnology clients to make more informed decisions on which drug candidates to progress into advanced pre-clinical development. The KinaTor(TM) Cellular Profiling Service platform may be employed in a number of further applications including target identification, drug reprofiling and drug rescue. Commenting on the launch of the new service Dr Andreas Jenne KINAXO's CEO said: "KINAXO is delighted to announce this significant development in the capabilities of our successful KinaTor(TM) platform. We look forward to putting the enhanced KinaTor(TM) Cellular Profiling Service to work for our existing and future clients.'" KINAXO's quantitative KinaTor(TM) Cellular Profiling Service utilizes proprietary chemical proteomics technologies combined with state-of-the-art mass spectrometry to identify not only the drug candidate's native molecular targets from cellular samples but also the affinities of these interactions. This data provides a valuable insight into the drug candidate's in vivo molecular target profile. The technology was developed by Dr Henrik Daub and Professor Axel Ullrich of the Max Planck Institute of Biochemistry in Martinsried and has been exclusively licensed by its technology transfer organization Max Planck Innovation to KINAXO Biotechnologies. Commenting on the new service, Dr Klaus Godl KINAXO's CSO said; "It is critically important that all biological interactions of a kinase inhibitor are evaluated, not just those with a subset of recombinant kinases. The new service will enable not only the identification of drug candidate interactions with proteins derived from real cellular samples but importantly also their affinities thus supporting more informed lead candidate selection." About KINAXO KINAXO Biotechnologies is a privately-held biotechnology company based in Munich/Martinsried, Germany. We support pharmaceutical and biotechnology companies in their development and optimization of drug leads. Amongst others KINAXO has ongoing collaborations with UCB Pharma and Johnson & Johnson. KINAXO offers its clients a comprehensive chemical-proteomics platform - known as KinaTor(TM) - that identifies and characterizes the interaction of small molecule inhibitors with their cellular protein targets. Tailored to protein kinases, the KinaTor(TM) technology supports more informed lead candidate selection. Licensing agreements with GPC Biotech AG and the Max Planck Society provides KINAXO Biotechnologies GmbH with exclusive worldwide rights to use the KinaTor(TM) technology in contract research activities. Contact Dr. Andreas Jenne, CEO, KINAXO Biotechnologies GmbH, Am Klopferspitz 19a, 82152 Martinsried, Germany, info@kinaxo.de, +498946133630, www.kinaxo.com


 

FORM 8.3 DEALINGS BY PERSONS WITH INTERESTS IN SECURITIES REPRESENTING 1% OR MORE (Rule 8.3 of the City Code on Takeovers and Mergers) 1. KEY INFORMATION +-------------------------------------------------------------------+ | Name of person dealing (Note 1) | Elliott Advisors (UK) Ltd. | |--------------------------------------+----------------------------| | Company dealt in | Imperial Chemical | | | Industries PLC | | | | |--------------------------------------+----------------------------| | Class of relevant security to which | Ordinary Shares | | the dealings being disclosed relate | | | (Note 2) | | |--------------------------------------+----------------------------| | Date of dealing | 05 October 2007 | +-------------------------------------------------------------------+ 2. INTERESTS, SHORT POSITIONS AND RIGHTS TO SUBSCRIBE (a) Interests and short positions (following dealing) in the class of relevant security dealt in (Note 3) +----------------------------------------------------------------------------------------+ | | Long | Short | | | | | |---------------+------------------------------------------+-----------------------------| | |Number |Number | | |(%) | (%) | |---------------+------------------------------------------+-----------------------------| |(1) Relevant | | | |securities | | | | | | | |---------------+------------------------------------------+-----------------------------| |(2) Derivatives|25,609,375 2.1418% | | |(other than | | | |options) | | | | | | | |---------------+------------------------------------------+-----------------------------| |(3) Options and| |5,521,250 | |agreements to | |0.4618% | |purchase/sell | | | | | | | |---------------+------------------------------------------+-----------------------------| |Total |25,609,375 2.1418% |5,521,250 | | | | 0.4618% | +----------------------------------------------------------------------------------------+ (b) Interests and short positions in relevant securities of the company, other than the class dealt in (Note 3) +-----------------------------------------------------------------------------------------------------------------+ |Class of relevant security: | Long | Short | | | | | | | | | |---------------------------------+------------------------------------------+------------------------------------| | |Number |Number | | |(%) | (%) | |---------------------------------+------------------------------------------+------------------------------------| |(1) Relevant | | | |securities | | | | | | | |---------------------------------+------------------------------------------+------------------------------------| |(2) Derivatives (other than | | | |options) | | | | | | | |---------------------------------+------------------------------------------+------------------------------------| |(3) Options and agreements to | | | |purchase/sell | | | | | | | |---------------------------------+------------------------------------------+------------------------------------| |Total | | | | | | | +-----------------------------------------------------------------------------------------------------------------+ (c) Rights to subscribe (Note 3) +---------------------------------------+ | Class of relevant security: | Details | | | | |-----------------------------+---------| | | | +---------------------------------------+ 3. DEALINGS (Note 4) (a) Purchases and sales +----------------------------------------------------------------+ | Purchase/sale | Number of securities | Price per unit (Note 5) | | | | | |---------------+----------------------+-------------------------| | | | | +----------------------------------------------------------------+ (b) Derivatives transactions (other than options) +-------------------------------------------------------------------+ | Product | Long/short (Note | Number of securities | Price per | | name, | 6) | (Note 7) | unit (Note | | e.g. CFD | | | 5) | |----------+------------------+------------------------+------------| | CFD | Short | 204,960 | GBP 6.575 | +-------------------------------------------------------------------+ (c) Options transactions in respect of existing securities (i) Writing, selling, purchasing or varying +------------------------------------------------------------------------------------+ |Product |Writing, |Number of |Exercise|Type, e.g.|Expiry|Option money | |name, |selling, |securities to which|price |American, |Date |paid/received | |e.g. call|purchasing, |the option relates | |European | |per unit (Note| |option |varying etc.|(Note 7) | |etc. | |5) | | | | | | | | | |---------+------------+-------------------+--------+----------+------+--------------| | | | | | | | | +------------------------------------------------------------------------------------+ (ii) Exercising +-------------------------------------------------------------------+ | Product name, e.g. | Number of securities | Exercise price per | | call option | | unit (Note 5) | | | | | |--------------------+----------------------+-----------------------| | | | | +-------------------------------------------------------------------+ (d) Other dealings (including new securities) (Note 4) +-------------------------------------------------------------------+ | Nature of transaction | Details | Price per unit (if applicable) | | (Note 8) | | (Note 5) | | | | | |-----------------------+---------+---------------------------------| | | | | | | | | +-------------------------------------------------------------------+ 4. OTHER INFORMATION Agreements, arrangements or understandings relating to options or derivatives +-------------------------------------------------------------------+ | Full details of any agreement, arrangement or understanding | | between the person disclosing and any other person relating to | | the voting rights of any relevant securities under any option | | referred to on this form or relating to the voting rights or | | future acquisition or disposal of any relevant securities to | | which any derivative referred to on this form is referenced. If | | none, this should be stated. | |-------------------------------------------------------------------| | | | | | | +-------------------------------------------------------------------+ Is a Supplemental Form 8 attached? (Note 9) YES/NO +-------------------------------------------------------------------+ | Date of disclosure | 08 October 2007 | |-------------------------------------------------+-----------------| | Contact name | Philippa Rowan | |-------------------------------------------------+-----------------| | Telephone number | 0207 518 1818 | |-------------------------------------------------+-----------------| | If a connected EFM, name of offeree/offeror | | | with which connected | | |-------------------------------------------------+-----------------| | If a connected EFM, state nature of connection | | | (Note 10) | | +-------------------------------------------------------------------+ Notes The Notes on Form 8.3 can be viewed on the Takeover Panel's website at www.thetakeoverpanel.org.uk ---END OF MESSAGE---


 

FORM 8.3 DEALINGS BY PERSONS WITH INTERESTS IN SECURITIES REPRESENTING 1% OR MORE (Rule 8.3 of the Takeover Code) 1. KEY INFORMATION +-------------------------------------------------------------------+ | Name of person dealing (Note 1) | Tisbury Capital Management | | | LLP | |--------------------------------------+----------------------------| | Company dealt in | Abbot Group Plc | |--------------------------------------+----------------------------| | Class of relevant security to which | | | the dealings being | 15p ordinary | | disclosed relate (Note 2) | | |--------------------------------------+----------------------------| | Date of dealing | 5 October 2007 | +-------------------------------------------------------------------+ 2. INTERESTS, SHORT POSITIONS AND RIGHTS TO SUBSCRIBE (a) Interests and short positions (following dealing) in the class of relevant security dealt in (Note 3) +-------------------------------------------------------------------+ | | Long | Short | | | | | |--------------------------------+-------------------+--------------| | | Number | (%) | Number | (%) | | | | | | | |--------------------------------+-----------+-------+--------+-----| | (1) Relevant securities | | | | | | | | | | | |--------------------------------+-----------+-------+--------+-----| | (2) Derivatives (other than | | | | | | options) | 3,734,158 | 1.607 | | | | | | | | | |--------------------------------+-----------+-------+--------+-----| | (3) Options | | | | | | and agreements to | | | | | | purchase/sell | | | | | | | | | | | |--------------------------------+-----------+-------+--------+-----| | Total | 3,734,158 | 1.607 | | | | | | | | | +-------------------------------------------------------------------+ (b) Interests and short positions in relevant securities of the company, other than the class dealt in (Note 3) +-------------------------------------------------------------------+ | Class of | Long | Short | | relevant security: | | | | | | | |-------------------------------------+--------------+--------------| | | Number | (%) | Number | (%) | | | | | | | |-------------------------------------+--------+-----+--------+-----| | (1) Relevant securities | | | | | | | | | | | |-------------------------------------+--------+-----+--------+-----| | (2) Derivatives (other than | | | | | | options) | | | | | | | | | | | |-------------------------------------+--------+-----+--------+-----| | (3) Options | | | | | | and agreements to purchase/sell | | | | | | | | | | | |-------------------------------------+--------+-----+--------+-----| | Total | | | | | | | | | | | +-------------------------------------------------------------------+ (c) Rights to subscribe (Note 3) +---------------------------------+ | Class | Details | | of relevant security: | | | | | |-----------------------+---------| | | | +---------------------------------+ 3. DEALINGS (Note 4) (a) Purchases and sales +--------------------------------------------+ | Purchase/sale | Number of | Price per | | | securities | unit (Note 5) | |---------------+------------+---------------| | | | | | | | | |---------------+------------+---------------| | | | | +--------------------------------------------+ (b) Derivatives transactions (other than options) +-------------------------------------------------------------------+ | Product | Long/short | Number of securities | Price per | | name, | (Note 6) | (Note 7) | unit (Note 5) | | e.g. CFD | | | | |----------+------------+---------------------------+---------------| | CFD | Long | 500,000 | 349.5000 GBp | +-------------------------------------------------------------------+ (c) Options transactions in respect of existing securities (i) Writing, selling, purchasing or varying +------------------------------------------------------------------------------------+ | Product |Writing, selling, |Number of |Exercise|Type, e.g.|Expiry|Option money | | name, |purchasing, varying|securities |price |American, |date |paid/received | |e.g. call|etc. |to which the| |European | |per unit (Note| | option | |option | |etc. | |5) | | | |relates | | | | | | | |(Note 7) | | | | | |---------+-------------------+------------+--------+----------+------+--------------| | | | | | | | | +------------------------------------------------------------------------------------+ (ii) Exercising +-------------------------------------------------------------------+ | Product name, e.g. | Number of securities | Exercise price per | | call option | | unit (Note 5) | | | | | |--------------------+----------------------+-----------------------| | | | | | | | | +-------------------------------------------------------------------+ (d) Other dealings (including new securities) (Note 4) +-------------------------------------------------------------------+ | Nature of transaction | Details | Price per unit (if applicable) | | (Note 8) | | (Note | | | | 5) | |-----------------------+---------+---------------------------------| | | | | | | | | +-------------------------------------------------------------------+ 4. OTHER INFORMATION Agreements, arrangements or understandings relating to options or derivatives +-------------------------------------------------------------------+ | Full details of any agreement, | | arrangement or understanding between the person disclosing and | | any other | | person relating to the voting rights of any relevant securities | | under any | | option referred to on this form or relating to the voting rights | | or future | | acquisition or disposal of any relevant securities to which any | | derivative | | referred to on this form is referenced. | | If none, this should be stated. | |-------------------------------------------------------------------| | | | None | | | +-------------------------------------------------------------------+ Is a Supplemental Form 8 attached? (Note 9) NO +-------------------------------------------------------------------+ | Date | | | of disclosure | 08/10/2007 | |------------------------------------------------+------------------| | Contact | | | name | Julien Naginski | |------------------------------------------------+------------------| | Telephone | | | number | +44 20 7268 8642 | |------------------------------------------------+------------------| | If a connected EFM, name of offeree/offeror | | | with | | | which connected | | |------------------------------------------------+------------------| | If | | | a connected EFM, state nature of connection | | | (Note 10) | | +-------------------------------------------------------------------+ Notes The Notes on Form 8.3 can be viewed on the Takeover Panel's website at www.thetakeoverpanel.org.uk ---END OF MESSAGE---


 

At the end of the subscription period, Teligent's new share issue had been subscribed to 88 percent, with and without support of preferential rights. The remaining 12 percent of the new share issue was subscribed to by the guarantee consortium notified in connection with the new share issue. Taken together, this means that the new share issue was fully subscribed and that Teligent was provided with MSEK 231 before issue expenses. Out of that 88 percent, 81 percent was subscribed to with the support of preferential rights and 7 percent without the support of preferential rights. Allocation of the shares subscribed to without the support of preferential rights has been carried out in accordance with the terms and conditions for the new share issue, as described in Teligent's new share issue prospectus. The decision on the allocation of shares subscribed to without the support of subscription rights will be submitted through the issue of a contract note, which is expected to take place around 9 October. The share issue will increase the number of shares in Teligent by 115,671,732 to 173,507,598. The new paid subscription shares (PSS) became the object of trading on the Stockholm Stock Exchange as of 3 October 2007. The reversal of PSS to shares takes place when the new share issue is registered at the Swedish Companies Registration Office, which is estimated to take place at the end of October 2007. As previously announced, as compensation for the underwriting guarantees and the bridge financing received, the Board of Directors of Teligent has decided to issue 8,526,016 shares with divergence from the shareholders' preferential rights. This means that the total number of shares will amount to 182,033,614, following implementation of the new share issue. Kaupthing Bank has acted as financial advisor to Teligent in connection with the new share issue. For further information, please contact: Tomas Duffy, CEO & President, Teligent AB Tel. +46 8 520 660 50 tomas.duffy@teligent.se


 

(Bermuda, 8 October 2007) With reference to the notice published on 21 August 2007, BW Offshore Limited confirms that the company has signed the contract for the conversion, installation and operation of an FPSO at the Chinook Cascade fields in the US Gulf of Mexico. The contract is for a total of up to 8 years including option periods of up to 3 years. The project also includes the delivery and installation of an APL disconnectable Submerged Turret Production Buoy (STP) including fluid swivel and the appurtenant mooring system. The contract will strengthen BW Offshore's position as the leading contractor of FPSOs to the Gulf of Mexico. The FPSO will be installed on the Chinook Cascade fields in the beginning of 2010. Production will commence in the first quarter of 2010. The FPSO will have a storage capacity of about 600,000 barrels of oil, a process capacity of 80,000 bopd and gas export facilities of 16 mmscfd. The FPSO will be installed on the field with a water depth of 2,600 metres, probably the deepest water depth an FPSO ever has been installed on. BW Offshore's subsidiary, APL will deliver a complete STP bouy and mooring system to the oil field. The APL STP technology is the world's leading disconnectable turret system with an unparalleled track record of more than 1,500 disconnect/connect operations, enabling the FPSO to disconnect from its moorings and seek sheltered waters in a hurricane situation with minimum disruption to operations. This will be the deepest application to date for the STP system and the first APL turret and swivel delivery to a Petrobras operated field. For further information, please contact: Svein Moxnes Harfjeld, CEO, BW Offshore, +47 41 40 48 86 Niels Erik Feilberg, CFO, BW Offshore, +47 90 87 08 66 BW Offshore is one of the world's leading FPSO contractors. The company's operational head office is in Norway, with assets operating in Mexico, Nigeria, Mauritania, Malaysia and Russia. BW Offshore has 25 years experience and a track record of 12 successfully delivered FPSO projects. Through its subsidiary APL, BW Offshore is a market leader in the development, production and sale of advanced loading and production systems; Submerged Turret Loading (STL), Submerged Turret Production (STP) and offshore LNG terminals. APL`s technology has been selected as a solution for production vessels, storage vessels and oil and gas tankers in a wide range of field developments. BW Offshore has a global network with offices in Europe, Asia Pacific, West Africa and the Americas. Adapting through competence, in-house technology, solid project execution and operational excellence, BW Offshore ensures that customer needs are met through versatile solutions for offshore oil and gas projects. BW Offshore has 900 employees and is listed on the Oslo Stock Exchange with ticker code BWO. For more information, please visit www.bwoffshore.com and www.apl.no.


 

Conshohocken, PA (October 8, 2007) - Wolters Kluwer Health, a division of Wolters Kluwer, a leading provider of information and business intelligence for students, professionals, and institutions in medicine, nursing, allied health, pharmacy and the pharmaceutical industry, announced today the appointment of Gordon Macomber as President & CEO of its Professional & Education business unit, with responsibility for the Lippincott Williams & Wilkins product lines. Macomber brings to Wolters Kluwer Health strong industry acumen and proven track record of success in library reference publishing and related businesses through several significant leadership positions. Prior to Wolters Kluwer Health, Macomber held the positions of President at Thompson Gale, global print and e-reference publisher for libraries, schools, and businesses, and CEO of Merriam-Webster, Inc., a subsidiary of Encyclopedia Britannica. "The appointment of Gordon Macomber brings us extensive publishing experience as well as the leadership skills and business proficiency to take our books and journals business into the next era of content-in-context", said Jeff McCaulley, President & CEO of Wolters Kluwer Health. "We could not be more thrilled to have Gordon join our leadership team." Macomber gained extensive e-business experience while he served as President & CEO for NYUonline, a subsidiary of New York University, where he was responsible for the start-up of an organization designed to compete in the corporate e-learning marketplace. Macomber also held various positions with Simon & Schuster, including President of Macmillan Reference USA (including Macmillan Library Reference) and executive positions with Macmillan Computer Publishing. Jeff McCaulley continues, "I am excited about the leadership team within our Wolters Kluwer Health Professional & Education business unit, and our potential to accelerate growth and competitiveness as we strive to drive medical excellence via the transformation of healthcare through information." Macomber, who will be based in Philadelphia, PA, is a graduate of Colgate University with a Bachelor of Arts in Economics. About Wolters Kluwer Health Wolters Kluwer Health (Conshohocken, PA), a division of Wolters Kluwer, is a leading provider of information and business intelligence for students, professionals, and institutions in medicine, nursing, allied health, pharmacy and the pharmaceutical industry. Major brands include traditional publishers of medical and drug reference tools and textbooks, such as Lippincott Williams & Wilkins and Facts & Comparisons; electronic information providers, such as Ovid Technologies, Medi-Span and ProVation; and pharmaceutical information providers, such as Adis International and Source®. For more information, visit www.WKHealth.com. About Wolters Kluwer Wolters Kluwer is a leading global information services and publishing company. The company provides products and services for professionals in the health, tax, accounting, corporate, financial services, legal and regulatory sectors. Wolters Kluwer has annual revenues (2006) of ¤3.4 billion, employs approximately 18,450 people worldwide, and maintains operations across Europe, North America, and Asia Pacific. Wolters Kluwer is headquartered in Amsterdam, the Netherlands. Its shares are quoted on the Euronext Amsterdam (WKL) and are included in the AEX and Euronext 100 indices. For more information, visit www.wolterskluwer.com. Contact: Robert Dekker Kevin Entricken Director of Communications Vice President, Wolters Kluwer Health Investor Relations +1 610 234 4533 Wolters Kluwer nv robert.dekker@wolterskluwer.com + 31 (0)20 6070 407 ir@wolterskluwer.com Forward-looking Statements This press release contains forward-looking statements. These statements may be identified by words such as "expect," "should," "could," "shall," and similar expressions. Wolters Kluwer cautions that such forward-looking statements are qualified by certain risks and uncertainties that could cause actual results and events to differ materially from what is contemplated by the forward-looking statements. Factors which could cause actual results to differ from these forward-looking statements may include, without limitation, general economic conditions; conditions in the markets in which Wolters Kluwer is engaged; behavior of customers, suppliers, and competitors; technological developments; the implementation and execution of new ICT systems or outsourcing; and legal, tax, and regulatory rules affecting Wolters Kluwer's businesses, as well as risks related to mergers, acquisitions, and divestments. In addition, financial risks such as currency movements, interest rate fluctuations, liquidity, and credit risks could influence future results. The foregoing list of factors should not be construed as exhaustive. Wolters Kluwer disclaims any intention or obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise.


 

Metro Ethernet Solution Delivers Higher-Bandwidth Applications at Lower Cost to Gibraltar-Based Businesses GIBRALTAR, SPAIN--(Marketwire - October 08, 2007) - Sapphire, Gibraltar's youngest telecommunications operator, is bringing affordable communications services such as high-bandwidth Internet connectivity to businesses in Gibraltar using a Nortel(1) (TSX: NT)(NYSE: NT) Metro Ethernet Networks solution. Sapphire also plans to add VoIP and multimedia services in the near future. "Gibraltar's economy is experiencing an upturn with tourism, construction, financial and on-line gaming companies leading the way," said Lawrence Isola, CEO Sapphire Networks. "These dynamic businesses are dependent on real-time communications delivered cost-effectively and we're using our Nortel Metro Ethernet Networks solution to deliver them." Sapphire is using its Metro Ethernet Networking solution to offer international bandwidth services and data applications to business customers such as global gaming companies, major international law firms, banks and other financial institutions with presence in Gibraltar. "Nortel Metro Ethernet Networking solutions address the market demand for bandwidth-hungry applications such as Internet video, residential broadcast TV, video on demand and new wireless broadband multimedia," said Philippe Morin, president Metro Ethernet Networks, Nortel. "Helping Sapphire provide services in Gibraltar, where current demand outstrips service capacity, shows how well Nortel's optical and carrier data strengths combine to help alternative operators simplify the delivery of up-to-the-minute, affordable and dependable communications choices." Located near the southernmost tip of the Iberian peninsula overlooking the Strait of Gibraltar, Gibraltar shares a border with Spain to the north. In order to deliver essential international connectivity, and ensure interoperability with other carriers, Sapphire has deployed an external Point of Presence (PoP) in Madrid, Spain and intends to add another in Barcelona. Sapphire's solution uses IEEE 802.1ah Provider Backbone Bridges (PBB) to create a core network supporting multiple customers. By using different addressing schemes for the core of the network and the customers, PBB enables Sapphire to deliver secure and scalable Ethernet business services. The solution for Sapphire comprises the Metro Ethernet Routing Switch 8600 - for reliable, secure and intelligent network routing - leveraging the latest Nortel Carrier Ethernet innovations, including Provider Backbone Bridges (PBB) technology. The solution also includes the Metro Ethernet Services Unit 1800/1850 as a customer premises device, providing Sapphire with access to a range of Ethernet-enabled services including Internet access, video transport and virtual private LAN service. The backbone connectivity between the Sapphire PoPs is provided with the Optical Metro 4150 compact STM-4 add/drop multiplexer that supplies customer access to traditional TDM services on one compact platform and the Nortel Multiservice Switch 15000 that enables future VoIP implementation by acting as a Media Gateway. The Nortel Metro Ethernet Networks portfolio includes solutions for optical, carrier Ethernet and multiservice switching. The portfolio enables service providers to address the growth of high-bandwidth video and data applications in their metro networks by deploying Ethernet as the universal transport layer for any service they wish to offer, including next-generation services such as triple and quadruple play, wireless video and data and Ethernet business connectivity. About Nortel Nortel is a recognized leader in delivering communications capabilities that make the promise of Business Made Simple a reality for our customers. Our next-generation technologies, for both service provider and enterprise networks, support multimedia and business-critical applications. Nortel's technologies are designed to help eliminate today's barriers to efficiency, speed and performance by simplifying networks and connecting people to the information they need, when they need it. Nortel does business in more than 150 countries around the world. For more information, visit Nortel on the Web at www.nortel.com. For the latest Nortel news, visit www.nortel.com/news. Certain statements in this press release may contain words such as "could", "expects", "may", "anticipates", "believes", "intends", "estimates", "targets", "envisions", "seeks" and other similar language and are considered forward-looking statements or information under applicable securities legislation. These statements are based on Nortel's current expectations, estimates, forecasts and projections about the operating environment, economies and markets in which Nortel operates. These statements are subject to important assumptions, risks and uncertainties, which are difficult to predict and the actual outcome may be materially different from those contemplated in forward-looking statements. For additional information with respect to certain of these and other factors, see Nortel's Annual Report on Form10-K, Quarterly Reports on Form 10-Q and other securities filings with the SEC. Unless otherwise required by applicable securities laws, Nortel disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. (1)Nortel, the Nortel logo and the Globemark are trademarks of Nortel Networks. Contacts: Nortel Jose Luis Menoyo +34 917 09 4567 Email: menoyo@nortel.com Nortel Greta Brown +44 1628 432968 Email: gretab@nortel.com Website: www.nortel.com


 

Stamford, CT - October 5, 2007 - Clean Diesel Technologies, Inc. (NASD: CDTI; AIM: CDT/CDTS; XETRA: CDI), provider of innovative technologies and solutions that reduce emissions, conserve fuel and improve engine performance, announced today that its Registration Statement on Form S-1 covering the resale by holders of up to 2.8 million shares of common stock, $0.01 par value, was declared effective at 5:00 p.m. EST on October 4, 2007 by the Securities and Exchange Commission. The registered securities comprise those issued by the Company in connection with its December 2006 private placement (primarily under Regulation S), including 690,500 common shares that are not presently outstanding but that may be issued upon the exercise of the Company's Class B warrants. A prospectus may be obtained by a request to the Company at the address below or by visiting the SEC's website (http://www.sec.gov). This press release does not constitute an offer to sell or the solicitation of an offer to buy securities in any jurisdiction. For further information please contact: Clean Diesel Ann Ruple (203) 327-7050 Technologies, Inc. Chief aruple@cdti.com 300 Atlantic Financial Street, Suite 702 Officer Stamford, CT 06901 Abchurch Justin Heath +44 20 7398 7700 Communications Franziska franziska.boehnke@abchurch-group.com (financial press Boehnke enquiries) Matter Jacqueline +1 978-499-9250 x236 Communications Volovich jackie@matternow.com (technical press inquiries) About Clean Diesel Technologies Clean Diesel Technologies, Inc., together with its wholly-owned subsidiary, Clean Diesel International, LLC, is a clean energy and environmental technology company that provides innovative solutions to reduce harmful engine emissions and conserve energy. Clean Diesel Technologies' patented technologies, products and solutions enable cost-effective reduction of harmful emissions from internal combustion engines while also improving fuel economy and power. Products include Platinum Plus® fuel-borne catalysts, the Platinum Plus Purifier(TM) Systems, the ARIS® urea injection systems for selective catalytic reduction of NOx, diesel particulate filter and biofuels technologies. Their products are in commercial use around the world. Platinum Plus and ARIS are registered trademarks of Clean Diesel Technologies, Inc. For more information, visit Clean Diesel at www.cdti.com or contact the Company directly. Certain statements in this news release constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known or unknown risks, including those detailed in the Company's filings with the US Securities and Exchange Commission, uncertainties and other factors which may cause the actual results, performance or achievements of the Company, or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. The press release can be downloaded from the following link:


 

KONE Corporation, Stock Exchange Announcement, October 8, 2007 KONE Corporation will publish its Interim Report for the period 1 January-30 September 2007 on Tuesday, October 23, 2007 at 12:30 PM Finnish time. The report will be available on the company website at www.kone.com after publishing. A meeting for the press, conducted in Finnish, will be held on October 23, 2007 at 2:00 PM at KONE Building, Keilasatama 3, Espoo. A combined analyst meeting and conference call, conducted in English, will be held on October 23, 2007 at 4:00 PM at KONE Building, Keilasatama 3, Espoo. Conference call participants may access the conference directly at the following telephone numbers: US callers: +1 334 323 6201 Non-US callers: +44 (0)20 7162 0025 Participant code: KONE The conference call will be available also as a webcast on the company website. An on demand version of the conference will be available at www.kone.com later the same day. About KONE KONE is one of the world's leading elevator and escalator companies. It provides its customers with industry-leading elevators and escalators and innovative solutions for their maintenance and modernization. KONE also provides maintenance of automatic building doors. In 2006, KONE had annual net sales of EUR 3.6 billion and about 29,000 employees. Its class B shares are listed on the OMX Nordic Exchange in Helsinki, Finland. www.kone.com For further information, please contact: Sophie Jolly, Vice President, IR, tel.+358 204 75 4534 Sender: KONE Corporation Aimo Rajahalme Executive Vice President, Finance Minna Mars Senior Vice President, Corporate Communications & IR


 

Leading Communications Equipment Provider to Use VeriCall Edge(R) Embedded Voice + Video Over IP Software in New H.264 IP Video Phone RESEARCH TRIANGLE PARK, NC--(Marketwire - October 08, 2007) - Trinity Convergence, a leading provider of software solutions for voice and video over IP communications devices, today announced that its VeriCall Edge® software platform has been licensed by Sagem Communications for its new multimedia device. Sagem Communications, one of Europe's largest providers of broadband equipment, selected Trinity's VeriCall Edge 3.0 Hi-Fidelity embedded software platform to provide the SIP-based VoIP calling and H.264 videoconferencing. Sagem Communications chose the Hi-Fidelity version of VeriCall Edge for its ability to deliver high-quality multimedia communications, including wideband voice and advanced video processing. VeriCall Edge software is a complete embedded software solution for manufacturers developing standards-based and highly interoperable VoIP and voice + video over IP (V2IP) communication devices. "Hi-fidelity voice and video functionality provides another opportunity to differentiate the next generation of multimedia conferencing systems," stated Ajit Pendse, chairman, CEO and president of Trinity Convergence. "The rapid consumer adoption of broadband services and expansion of network bandwidth, combined with the availability of wideband voice and H.264 video, is making the personal videoconferencing market a reality. Sagem Communications is well positioned to work with the service providers targeting consumers and enterprises with high-end video conferencing systems." Trinity Convergence will be demonstrating the Sagem multimedia device, MyCommunicationCenter, and its family of VeriCall® software solutions at a number of conferences taking place in Europe and North America during October. Visit the Events section of the company web site www.trinityconvergence.com for dates and locations. The new Sagem multimedia device uses VeriCall Edge software to provide all of the media processing, packet handling and call control functionality for VoIP and video over IP calling. VeriCall Edge provides a high-performance and tightly integrated software platform for delivering feature-rich voice, video and data communications over IP-based networks. The VeriCall Edge platform leverages industry standards for voice and video processing, as well as call control protocols such as SIP, to ensure product interoperability and streamline deployment. VeriCall Edge for IP-enabled Communication Devices The VeriCall Edge 3.0 embedded software platform provides a comprehensive voice + video over IP solution for manufacturers of wired and wireless communication devices. VeriCall Edge software shrinks design cycles and accelerates product development by offering a pre-integrated software platform that incorporates all of the key software components required for high quality, secure and reliable VoIP calling. VeriCall Edge software includes all of the media processing, packet handling and network services functionality, tightly integrated with a proven SIP software stack for call control. Because VeriCall Edge software is pre-integrated, tested and proven, it offers original equipment manufacturers (OEMs) a solution that speeds their time-to-market. OEMs use VeriCall Edge to design and build high-quality and reliable voice + video over IP (V2IP) capable devices including VoIP phones, WiFi phones, video phones, VoIP routers and other VoIP-enabled personal communication devices. About Trinity Convergence Trinity Convergence is a leading developer of embedded software solutions for the Automotive, Communications, Consumer Electronics, Industrial Controls and Medical device markets. The company provides highly integrated software solutions designed to help original equipment manufacturers (OEMs) and original design manufacturers (ODMs) accelerate their product development cycles. The company's embedded VoIP software and graphical user interface (GUI) development tools offer a competitive advantage to manufacturers by providing highly-integrated solutions and the flexibility to run across a variety of operating systems and microprocessors. Trinity Convergence is headquartered in Research Triangle Park, USA and maintains product development and engineering offices in Port Huron, USA; Pune, India; and Cambridge, UK. For more information, visit www.trinityconvergence.com. VeriCall and VeriCall Edge are registered trademarks of Trinity Convergence, Inc. All other products or services referenced may be trademarks or service marks of their respective companies or organizations. For more information, contact: Jeff Schline Director, Partner & Marketing Programs Trinity Convergence 919-433-7005 jschline@trinityconvergence.com


 

Ericsson (NASDAQ:ERIC) and leading German operator Deutsche Telekom have signed a contract to deploy Ericsson's VDSL2 solution, a cutting-edge broadband access solution, provided through Ericsson's EDA 1200. The move will step up the rollout of innovative broadband services across Germany's largest cities, where users will enjoy high-speed internet access with downlink speeds up to 50Mbps. Ericsson's EDA 1200 VDSL2 solution is based on Ethernet technology and is designed to support large-scale broadband rollouts quickly and cost-effectively. The future-proof solution supports triple-play services and underpins Deutsche Telekom's T-Home offering. The VDSL2 platform will also be managed by Ericsson's ServiceOn Access, a multi-technology network management system allowing end-to-end management of the high-speed network. Torbjörn Possne, Head of Global Account Deutsche Telekom and Head of Market Unit Northern Europe at Ericsson, says: "This contract is a significant milestone in our relationship with Deutsche Telekom and will provide cutting-edge broadband access technology and exceptional telecommunications services to Deutsche Telekom's customers." Ericsson's EDA 1200 VDSL2 solution received the International Engineering Consortium IEC InfoVision Award in 2006 for being the best and most innovative access network technology. Ericsson is shaping the future of Mobile and Broadband Internet communications through its continuous technology leadership. Providing innovative solutions in more than 140 countries, Ericsson is helping to create the most powerful communication companies in the world. Read more at www.ericsson.com FOR FURTHER INFORMATION, PLEASE CONTACT Ericsson Media Relations Phone: +46 8 719 69 92 E-mail: press.relations@ericsson.com About Ericsson's EDA 1200 VDSL2 solution Ericsson's EDA 1200 VDSL2 solution is unique in the market with its ease of installation, scalability and performance. It is environmentally hardened to withstand outdoor conditions and can operate across wide temperature ranges from -40C to +75C, allowing it to be deployed in existing outdoor street cabinets with no requirement for heat exchangers. This significantly reduces the capex and opex associated with outside plant deployments for operators around the world. Ericsson's industry-leading EDA solution has been supporting high-bandwidth-demanding services, with advanced quality-assurance mechanisms for demanding video applications, since 2002. Ericsson's EDA family is the most widely deployed IP-DSLAM solution globally, with more than 100 networks deployed to date.


 

Föstudaginn 19. október efna Samtök atvinnulífsins, Háskólinn í Reykjavík og Samtök iðnaðarins til frumkvöðlamóts á Hótel Borg. Þar mun bandaríski fyrirlesarinn Larry Farrel fjalla um hvernig megi auka hagvöxt á Íslandi og skapa viðvarandi velmegun en hann telur það aðeins mögulegt með því að örva nýsköpun og efla frumkvöðlaanda meðal íslensku þjóðarinnar - íslenskra stjórnenda og stjórnmálamanna.


 

Faults have been identified in some of the valves on Neste Oil's new diesel line at the Porvoo refinery. As a safety measure, Neste Oil has decided to replace all valves of the type in question before starting up production again. Replacing hundreds of valves will mean that the line will be out of production for several more weeks. The total number of valves in the diesel line is tens of thousands. The faults were identified during the recent brief maintenance outage. The company is investigating the reason for the problem together with the manufacturer and VTT Technical Research Centre of Finland. The valves were pressure-tested prior to the line being started up and no problems were encountered with them when it was running. The valve problem will not affect the company's ability to supply its customers with products. The loss of output will affect Neste Oil's fourth-quarter figures, however, although it will not fundamentally impact the company's financial result for the year as a whole. Further information: Jarmo Honkamaa, Executive Vice President, tel +358 10 458 4758 Neste Oil Corporation Osmo Kammonen Senior Vice President Communications Neste Oil Corporation is a refining and marketing company focused on advanced, clean traffic fuels, with a strategy that prioritizes growing its refining and premium-quality biodiesel businesses. Neste Oil's refineries are located at Porvoo and Naantali in Finland, and have a total refining capacity of approx. 250,000 bbl/d. The company employs around 4,700 people and its shares are listed on the Helsinki Stock Exchange. For further information, see www.nesteoil.com.


 

Berlin, October 8, 2007 - Jerini AG (FSE:JI4) announced today that the complete New Drug Application (NDA) for Icatibant in the treatment of hereditary angioedema (HAE) has been sent to the US Food and Drug Administration (FDA) via an Electronic Common Technical Document (eCTD) for technical testing. After receiving technical clearance of the eCTD from the FDA, the regulatory review period will begin. "We are extremely pleased to have initiated the submission process for Icatibant," said Jens Schneider-Mergener, CEO of Jerini. "This underlines our strategy of bringing Icatibant to HAE patients in the United States as well as in Europe." About Icatibant Icatibant, a synthetic peptidomimetic, works by blocking the B2 receptor as an antagonist to the peptide hormone bradykinin. Bradykinin has been shown to be elevated in HAE patients and responsible for edema formation during HAE attacks. Icatibant has been granted orphan drug status for the treatment of angioedema by the US Food and Drug Administration (FDA) and the European Medicines Evaluation Agency (EMEA), potentially securing, upon approval, market exclusivity for seven and ten years, respectively. In addition, the FDA has granted fast-track designation to Icatibant in the indication HAE. About HAE HAE is a debilitating and potentially life-threatening genetic disease characterized by unpredictable recurring swelling attacks in the hands, feet, face, larynx, and abdomen. It is estimated that approximately 10,000 patients in the United States and Europe have been diagnosed with HAE. HAE attacks affecting the hands, face, and feet can be disfiguring, while attacks in the gastrointestinal tract result in severe pain caused by swelling of the intestinal wall. Attacks that affect the larynx are life-threatening because swelling of the larynx constricts the upper airways and can lead to death by suffocation. The prevalence of HAE is estimated between one in 50,000 and one in 10,000 individuals, and it is estimated that between 15,000 and 75,000 people are affected with HAE in the European Union and the United States. About Jerini Jerini is a pharmaceutical company based in Berlin, Germany, focusing on the discovery, development, and commercialization of novel peptide-based drugs. The company pursues disease indications that have limited or no treatment options and has built a drug pipeline composed of its own programs, as well as others in collaboration with established partners. Jerini has completed Phase III clinical trials of Icatibant in the subcutaneous treatment of hereditary angioedema (HAE). The company's marketing authorization application has been accepted for review by the European Medicines Evaluation Agency (EMEA) and granted accelerated assessment by the agency, shortening the regulatory review period from 210 to 150 calendar days. Jerini plans to complete its US submission to the Food and Drug Administration (FDA) in the fourth quarter of 2007. Based on its technology platform, Jerini has also established several in-house development programs, which address indications within the therapeutic areas of ophthalmology, oncology, and inflammatory disease. ISIN: DE0006787476 For questions, please contact: Stacy Wiedenmann Director Investor Relations & Corporate Communications Jerini AG Invalidenstr. 130 10115 Berlin T + 49 - 30 - 97893 - 285 X + 49 - 30 - 97893 - 599 wiedenmann@jerini.com


 

Ukrainian Mobile Service Provider PEOPLEnet Announces its Nationwide High-Speed Mobile Broadband Services Rollout KIEV, UKRAINE--(Marketwire - October 08, 2007) - PEOPLEnet, the Ukraine's first nationwide 3G mobile operator, has picked a Nortel(1) (TSX: NT)(NYSE: NT) advanced mobile broadband solution for expanding its existing 3G network across the country to meet widespread demand for high-bandwidth, real-time wireless services. PEOPLEnet's expanded network will rely on Nortel 1xEV-DO Rev A technology to launch high-speed, mobile broadband services for central, eastern and southern Ukraine. The PEOPLEnet network expansion will allow Ukrainians to experience faster speeds for wireless Internet, watch mobile TV, make video calls and use other multimedia services based on high-speed data transmission. "PEOPLEnet empowers and unites people across the Ukraine by ensuring feature-rich communication services are accessible to as many people as possible," said Vitalii Vorozhbyt, general director, PEOPLEnet. "We prefer to work with the best industry vendors, adapting their proven solutions for our market. Nortel was selected because of its experience and expertise in broadband deployment as well as its progressive 1x EV-DO Rev A solution. I believe that our customers will see the benefits from our co-operation with Nortel very soon and enjoy the best of 3G mobile services." "With its Nortel solution, PEOPLEnet is bringing an affordable and powerful mobile broadband experience to people across the Ukraine," said Darryl Edwards, president, EMEA, Nortel. "PEOPLEnet is also making the most of the Ukraine's existing broadband wireless spectrum to deliver real-time services such as video, mobile music and interactive 3D gaming as well as IP services such as VoIP and high-speed file transfers, Nortel's mobile broadband EV-DO Rev A technologies help provide this true broadband experience and give always-on, seamless connections to business and consumers. The technologies also help enable delivery of higher-definition, multimedia video and other real-time applications that lay the foundation for the future Hyperconnected era of communications where more and more people and applications will be connected to the network." PEOPLEnet's Ukraine network is Nortel's first 1x EV-DO Rev A with Mobile Switching Center contract win in Eastern Europe. This technology creates networking efficiencies for delivering high-speed services and driving reduced capital and operating costs. The solution comprises Nortel's CDMA Base Transceiver Stations (BTS) 3030 which is the industry's highest capacity micro base station; CDMA Enhanced Base Station Controllers; Packet Mobile Switching Center; a Media Gateway 15000; and 1xEV-DO Rev A technology. This combination of next-generation network components allows operators to reliably serve more customers on the same spectrum while delivering VoIP and other advanced multimedia services that enhance the user experience and increase subscriber loyalty. The first shipment of infrastructure equipment has already been delivered to the Ukraine. About PEOPLEnet PEOPLEnet is the Ukraine's first national 3G mobile operator that provides high speed services including Internet access up to 2.4 MB/sec, voice communication, and multimedia applications in Kiev, Dnipropetrovsk, Odessa, Kharkiv, Lviv, Simferopol, Donetsk, Krivoy Rog and Zaporozhie. PEOPLEnet is going to attract sizeable investment in 2007, which will enable the operator to expand its services in all regional centers across the Ukraine and to provide 80 per cent of the Ukrainian population with 3G services by the end of 2008. About Nortel Nortel is a recognized leader in delivering communications capabilities that make the promise of Business Made Simple a reality for our customers. Our next-generation technologies, for both service provider and enterprise networks, support multimedia and business-critical applications. Nortel's technologies are designed to help eliminate today's barriers to efficiency, speed and performance by simplifying networks and connecting people to the information they need, when they need it. Nortel does business in more than 150 countries around the world. For more information, visit Nortel on the Web at www.nortel.com. For the latest Nortel news, visit www.nortel.com/news. Certain statements in this press release may contain words such as "could", "expects", "may", "anticipates", "believes", "intends", "estimates", "targets", "envisions", "seeks" and other similar language and are considered forward-looking statements or information under applicable securities legislation. These statements are based on Nortel's current expectations, estimates, forecasts and projections about the operating environment, economies and markets in which Nortel operates. These statements are subject to important assumptions, risks and uncertainties, which are difficult to predict and the actual outcome may be materially different from those contemplated in forward-looking statements. For additional information with respect to certain of these and other factors, see Nortel's Annual Report on Form10-K, Quarterly Reports on Form 10-Q and other securities filings with the SEC. Unless otherwise required by applicable securities laws, Nortel disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. (1)Nortel, the Nortel logo and the Globemark are trademarks of Nortel Networks. Contacts: Nortel Victoria Tchouikova +7 495 544 50 00 Email: vtchouik@nortel.com Nortel Greta Brown +44 1628 432968 Email: gretab@nortel.com Website: www.nortel.com PEOPLEnet Marianna Konina +380 (44) 569 70 70 Email: pr@people.net.ua


 

Update October 1-5 Amsterdam (October 8, 2007) - Wolters Kluwer, a leading global information services and publishing company, today announces that in line with the launch of its ¤475 million share buy-back program on June 15, 2007, the company has repurchased 635,000 ordinary shares in the period October 1 until October 5, 2007. Shares were repurchased at an average price of ¤20.62 for a total amount of ¤13.1 million. For detailed information on the daily repurchased shares, see the Wolters Kluwer website at http://www.wolterskluwer.com/WK/Investors/Share+Information/Share+Buy-back+Program/ The total number of shares repurchased under this program to date is 18,432,159 ordinary shares for a total consideration of ¤400.7 million. About Wolters Kluwer Wolters Kluwer is a leading global information services and publishing company. The company provides products and services for professionals in the health, tax, accounting, corporate, financial services, legal and regulatory sectors. Wolters Kluwer has annual revenues (2006) of ¤3.4 billion, employs approximately 18,450 people worldwide, and maintains operations across Europe, North America, and Asia Pacific. Wolters Kluwer is headquartered in Amsterdam, the Netherlands. Its shares are quoted on the Euronext Amsterdam (WKL) and are included in the AEX and Euronext 100 indices. For more information, visit www.wolterskluwer.com. Contact: Caroline Wouters Kevin Entricken Vice President, Vice President, Corporate Communications Investor Relations Wolters Kluwer nv Wolters Kluwer nv + 31 (0)20 6070 459 + 31 (0)20 6070 407 press@wolterskluwer.com ir@wolterskluwer.com Forward-looking Statements This press release contains forward-looking statements. These statements may be identified by words such as "expect," "should," "could," "shall," and similar expressions. Wolters Kluwer cautions that such forward-looking statements are qualified by certain risks and uncertainties that could cause actual results and events to differ materially from what is contemplated by the forward-looking statements. Factors which could cause actual results to differ from these forward-looking statements may include, without limitation, general economic conditions; conditions in the markets in which Wolters Kluwer is engaged; behavior of customers, suppliers, and competitors; technological developments; the implementation and execution of new ICT systems or outsourcing; and legal, tax, and regulatory rules affecting Wolters Kluwer's businesses, as well as risks related to mergers, acquisitions, and divestments. In addition, financial risks such as currency movements, interest rate fluctuations, liquidity, and credit risks could influence future results. The foregoing list of factors should not be construed as exhaustive. Wolters Kluwer disclaims any intention or obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise.


 

Til þess að mæta vaxandi efirspurn íslenskra fyrirtækja eftir háþróðuðum viðskiptakerfum hefur TM Software verið útnefnt samstarfsaðili SAP sem er fremsti framleiðandi í heimi á sviði viðskiptahugbúnaðar, að því er fram kemur í fréttatilkynningu. Íslensk fyrirtæki eru í örum vexti og verða samkeppnishæfari með degi hverjum. Þau hafa snúið sér að alþjóðlegum mörkuðum og starfa bæði hérlendis og erlendis. Þetta hefur skapað þörf fyrir nýjar viðskiptalausnir t. d. vegna samstæðureikningsskila, mismunandi gjaldmiðla og ýmissa annarra sérþarfa. Aukin umsvif SAP við gerð viðskiptahugbúnaðar sem byggir á SAP All-in-One lausnum fyrir lítil og meðalstór fyrirtæki hafa skapað mikla viðskiptamöguleika á sviði samofinna viðskiptalausna. SAP hefur því styrkt markaðsstöðu sína á Íslandi með útnefningu TM Software sem annars af tveimur samstarfsaðilum SAP. ?Okkur var ljós þörfin á íslenskum samstarfsaðila til að þjóna markaðinum fyrir lítil og meðalstór fyrirtæki og kynna þá framleiðslu sem SAP býður upp á fyrir þann markað. TM Software er vel þekkt fyrirtæki á sviði upplýsingatækni og hefur hýst SAP lausnir um árabil. Fagkunnátta starfsmanna fyrirtækisins er í fremstu röð og skilningur þess á gæðakröfum og þörfum viðskipavina er frábær,? sagði Jens Bager, sölustjóri SAP í Danmörku. Í stað þess að einblína aðallega á stærri fyrirtæki er SAP byrjað að huga að þörfum lítilla og meðalstórra fyrirtækja. Þetta skiptir afar miklu máli á Íslandi þar sem langflest íslensk fyrirtæki eru frekar lítil og því blasa við mikil tækifæri til að markaðssetja SAP lausnir á Íslandi. ?TM Software hefur hýst SAP kerfi um nokkurra ára skeið og við viljum auka þjónustu okkar við nýja jafnt sem gamla viðskiptavini. Þeim vaxandi hópi viðskipavina sem eru að huga að viðskiptum á alþjóðavettvangi viljum við bjóða upp á SAP ráðgjafaþjónustu. Við viljum vera í fararbroddi og vera í stakk búin að veita viðskiptavinum okkar alla þá aðstoð sem við getum,? segir Ágúst Einarsson, forstjóri TM Software. Starfsmenn TM Software hafa víðtæka reynslu af SAP lausnum ? bæði almenna tölvu- og hugbúnaðarþekkingu svo og reynslu af sérhæfðum lausnum sem fengist hefur með þjálfun og þátttöku í SAP verkefnum með viðskiptavinum. ?Sem rótgróið hugbúnaðarfyrirtæki getum við boðið upp á gríðarmikla viðbótarvirkni við SAP lausnir ásamt þekkingu á samþættingu og rafrænum samskiptum. Við þjónum víðfeðmum markaði en leggjum samt sérstaka áherslu á aðstoð við veitufyrirtæki, flutningafyrirtæki, verslunar- og þjónustufyrirtæki,? segir Ágúst Einarsson.


 

Solna, Sweden. (8 October 2007) -24hPoker and Martinspoker.com have signed an agreement to form the jointly owned company Casablanca Gaming Group AB. As previously announced, the two companies signed a letter of intent in August. Casablanca Gaming Group will via subsidiary in Malta operate the brands 24hPoker.com, Martinspoker.com, Staffpoker.com and Danepoker.com, which belong to the best known online gaming sites in Scandinavia. There is an ongoing consolidation in the online poker market and Casablanca Gaming Group's strategy is to add more brands to the Group. 24hPoker AB will be the majority shareholder in Casablanca Gaming Group and Claus Nielsen, from Martinspoker.com will be CEO. The brand 24hPoker.com, the customer database and other items that belong to the poker site operation will be transferred from 24hPay Ltd to Casablanca Gaming Group's Maltese subsidiary. "Casablanca Gaming Group will operate our online poker site more efficient than we could do ourselves and we can focus on our supplier operation," says Peter Åström, CEO 24hPoker. For more information, please contact: Peter Åström, CEO, 24hPoker, +46 73 600 85 01 Pia Rosin, Corporate Communications Director, 24hPoker, +46 70 753 22 46 Claus Nielsen, CEO Casablanca Gaming Group AB +737 890 616 About 24hPoker 24hPoker Holding AB is a Swedish gaming group that develops proprietary software systems for online gaming operations through its subsidiaries 24hPoker AB and B2B Poker AB and operates one of the world's largest poker networks, 24hNetwork. The Group also sells and develops turnkey gaming platforms for players that want to conduct gaming operations under their own brand. www.24hpoker.se


 

Roundbox Reinforces Commitment to Deliver OMA BCAST-Enabled Products for Commercial Deployment of Mobile Broadcast Services FLORHAM PARK, NJ--(Marketwire - October 08, 2007) - Roundbox, Inc., the leader in mobile broadcast software, today announced that the company has completed interoperability testing of the Roundbox Electronic Service Guide client at the Open Mobile Alliance(TM) (OMA) TestFest held in Düsseldorf, Germany from September 24-28. This first-ever interoperability event for the OMA Mobile Broadcast Services (BCAST) Enabler centered around testing client and server software and hardware products from global vendors who are focused on delivering OMA-compliant mobile broadcast products. The Roundbox ESG client, a key component of the TV Guide Mobile Electronic Service Guide (ESG) Solution powered by Roundbox, provides operators and device manufacturers an efficient, small-footprint, multiple-platform service layer for deploying broadcast-based applications. Additionally this award-winning ESG client software easily ports across leading device operating systems to provide a complete, standards-compliant broadcast network stack. Key mobile device components, such as the media player, are integrated to provide a seamless user experience as well as a complete solution for phone manufacturers. "Interoperability collaboration with member companies is essential," said Doug Dominiak, product manager of the Electronic Service Guide at Roundbox and editor of the OMA BCAST File and Stream Distribution technical specification. "It is through these events that our products become more robust, the market moves toward commercialization and ultimately end users benefit with rich data services." "Roundbox commitment to OMA's TestFest program is appreciated by OMA and all the other members working to ensure the highest quality specifications," said Fred Harrison, chair of the Board Interoperability Committee of OMA. "The more companies committed to ensuring the interoperability of OMA specifications and implementations, the better the mobile broadcast market will be -- both for those who bring broadcast services to market and the users who purchase the end solutions." The Roundbox-powered TV Guide Mobile ESG is a comprehensive solution for video guidance unifying content delivered over today's unicast networks and advanced mobile broadcast networks while maximizing opportunities for competitive differentiation. This consumer interface will be familiar to millions of cable TV subscribers around the world and enables consumers to intuitively navigate the full range of mobile video services. Additionally, the ESG is designed to seamlessly support multiple bearer networks including Digital Video Broadcast-Handheld (DVB-H), 3GPP2 Broadcast and Multicast Services (BCMCS), 3GPP Multimedia Broadcast Multicast Service (MBMS), FLO technology and unicast streaming. Roundbox is an active OMA member. In addition to collaborating on the BCAST specification, Roundbox chairs a sub-working group within OMA DCD-BCAST adaptation. This group is developing a specification for dynamic content delivery over OMA BCAST. About OMA The Open Mobile Alliance (OMA) delivers open specifications for creating interoperable services that work across countries, operators, fixed and mobile terminals. Driven by users' needs and the expanding market for data services, the member companies of the Open Mobile Alliance stimulate the adoption of new and enhanced information, communication and entertainment services. The Open Mobile Alliance includes contributors from all key elements of the wireless value chain, and contributes to the timely and efficient introduction of services and applications. See www.openmobilealliance.org for more information. About Roundbox Roundbox Inc. is a leading provider of mobile broadcast software. The company provides client and server software spanning multiple network technologies. Roundbox's products help mobile operators and device manufacturers take maximum advantage of broadcast and multicast to enhance both existing revenue-generating services as well as deploy new, differentiated solutions. For more information, visit www.roundbox.com. Roundbox is a trademark of Roundbox Inc. Open Mobile Alliance and the OMA logo are trademarks of the Open Mobile Alliance Ltd. Roundbox Contact: Deb Disbrow +1 973.210.8620 deb@roundbox.com


 

Stockholm - Tele2 AB, ("Tele2"), (Stockholm Stock Exchange: TEL2 A and TEL2 B), Europe's leading alternative telecom operator, today announced that it has sold its Austrian MVNO operations to Telekom Austria Group. Telekom Austria Group will pay in cash approximately SEK 65 million (approximately EUR 7 million) on a cash and debt free basis. At the end of June 2007, Tele2 had 131,000 mobile customers in Austria. Tele2's mobile operations in Austria affected Tele2's operating revenue in 2006 and the first half of 2007 by SEK 168 million and SEK 37 million, respectively, and EBITDA by SEK -28 million and SEK -30 million, respectively. The transaction will not have any P&L effect on Tele2. Completion is expected following approval from the relevant regulatory authorities. Lars-Johan Jarnheimer, President and CEO of Tele2, comments; "Our strength in Austria lies within our infrastructure based fixed and broadband operation. However, the current market environment leaves us little room for a profitable and sustainable MVNO operation." _____________________________________________________________________ Further information can be obtained from: Lars-Johan Jarnheimer, President and CEO Tele2 AB, Telephone: +46 8 5626 4000 Lena Krauss, Investor inquiries, Telephone: +46 8 5620 0045 Lars Torstensson, Investor inquiries, Telephone: +46 702 73 48 79 Tele2 is Europe's leading alternative telecom operator Tele2's mission is to provide cheap and simple telecoms for everyone in Europe. Tele2 always strives to offer the market's best prices. We have 29 million customers in 18 countries. Tele2 offers fixed and mobile telephony, broadband, data network services and cable TV. Ever since Jan Stenbeck founded the company in 1993, it has been a tough challenger to the former government monopolies and other established providers. Tele2 has been listed on OMX Nordic Exchange since 1996. In 2006 we had operating revenue of SEK 50.3 billion and we reported an operating profit (EBITDA) of SEK 5.7 billion. For more information, visit www.tele2.com.


 

ING announced today that, in line with the launch of its EUR 5.0 billion share buy back programme on 4 June 2007, the company has repurchased 1,929,000 (depositary receipts for) shares during the week of 1 October until 8 October. The (depositary receipts for) shares were repurchased at an average price of EUR 31.74 for a total amount of EUR 61,227,778.05. For detailed information on the daily repurchased shares, see the ING website at www.ing.com/investorrelations. The total number of (depositary receipts for) shares repurchased under this programme to date is 54,299,698 ordinary shares for a total consideration of EUR 1,719,424,290.60. To date approximately 34.4% of the repurchase programme has been completed. The repurchase programme is expected to run until June 2008. +-------------------------------------------------------------------+ | Press enquiries: | | Carolien van der Giessen, +31 20 541 6522, | | carolien.van.der.giessen@ing.com | +-------------------------------------------------------------------+ ING is a global financial institution of Dutch origin offering banking, insurance and asset management to over 75 million private, corporate and institutional clients in more than 50 countries. With a diverse workforce in excess of 120,000 people, ING comprises a broad spectrum of prominent companies that increasingly serve their clients under the ING brand.


 

Royal DSM N.V. today announces that it will invest to expand Dyneema® UD (UniDirectional bullet resistant sheet) production by 25% in its Greenville, North Carolina (USA) manufacturing facility. The investment is driven by the increasing demand for Dyneema® UD in the US market for personal and especially vehicle security and protection against terrorism. Production in Greenville has a strong focus on supplying the US army and law enforcement agencies. By adding extra capacity to its highly integrated Greenville site, DSM remains capable of meeting increasing demand for its products and highly committed to the long term development of the US market. The new line is expected to come on stream in mid 2008. This news also comes on the heels of the recent decision to invest in a new Technical Service center at DSM's Stanley, NC (USA) facility. "Investing in further growth of Dyneema® in the US is in line with the focus on our local, and faithful customers and fits perfectly with the recently announced acceleration of DSM's strategy, Vision 2010 - Building on Strengths, in which market-driven growth and innovation is one of the key pillars," comments Nico Gerardu, member of DSM's Managing Board and responsible for the Performance Materials cluster. "DSM will continue to further expand its global capacity for Dyneema® fiber and UD materials to maintain its global market leadership position. To our customers this should provide another example of our commitment to be the world's most reliable and capable quality supplier of HPPE products." About DSM Dyneema DSM Dyneema is the inventor and manufacturer of Dyneema®, the world's strongest fiber(TM). Dyneema® is an ultra strong polyethylene fiber that offers maximum strength combined with minimum weight. It is up to 15 times stronger than quality steel and up to 40% stronger than aramid fibers, both on weight for weight basis. Dyneema® floats on water and is extremely durable and resistant to moisture, UV light and chemicals. The applications are therefore more or less unlimited. Dyneema® is an important component in ropes, cables and nets in the fishing, shipping and offshore industries. Dyneema® is also used in safety gloves for the metalworking industry and in fine yarns for applications in sporting goods and the medical sector. In addition, Dyneema® is also used in bullet resistant armor and clothing for police and military personnel. Dyneema® is produced in Heerlen (The Netherlands) and in Greenville, North Carolina (U.S.A.). DSM Dyneema is also a partner in a high modulus polyethylene (HMPE) manufacturing joint venture in Japan. Further information on DSM Dyneema is available at www.dyneema.com. DSM DSM creates innovative products and services in life sciences and materials sciences, contributing to the quality of life. DSM's products and services are used globally in a wide range of markets and applications, supporting a healthier, more sustainable and enjoyable way of living. End markets include human and animal nutrition and health, personal care, pharmaceuticals, automotive, coatings and paint, electrics & electronics, life protection and housing. The company strategy, Vision 2010 - Building on Strengths, focuses on accelerating profitable and innovative growth of the company's specialties portfolio. The key drivers of this strategy are market-driven growth and innovation, an increased presence in emerging economies and operational excellence. DSM has annual sales of almost EUR 9 billion and employs some 22,000 people worldwide. The company is headquartered in the Netherlands, with locations in Europe, Asia, the Americas, Africa and Australia. More information on DSM can be found at www.dsm.com. For more information: DSM Corporate Communications DSM Investor Relations Nelleke Barning Dries Ausems tel. +31 (0) 45 tel. +31 (0) 45 5782864 5782017 fax +31 (0) 45 5782595 fax +31 (0) 45 e-mail 5740680 investor.relations@dsm.com e-mail media.relations@dsm.com


 

Stockholm - Tele2 AB, ("Tele2"), (Stockholm Stock Exchange: TEL2 A and TEL2 B), Europe's leading alternative telecom operator, today announced that it has conducted an evaluation of goodwill, mainly related to the purchase of SEC in 2000, and other assets, resulting in an impairment loss of approximately SEK 3.5 billion, which will be recorded in Q3 2007. The goodwill impairment loss will have no impact on Tele2's cash flow. Of the above mentioned impairment loss of approximately SEK 3.5 billion to be recorded in Q3 2007, - SEK 2.8 billion is attributable to goodwill in Central Europe, Southern Europe (of which SEK 1.3 billion to Italy and Spain) and Benelux (of which SEK 0.2 billion to Belgium); - SEK 0.4 billion is attributable to other fixed assets in Germany; and - SEK 0.3 billion is attributable to an impairment of Tele2's IT-systems as an effect of the current realignment process. In addition to the impairment loss, Tele2's Q3 2007 EBIT will include net positive one-off items of approximately SEK 1.4 billion related to the previously announced divestments of operations in Denmark, Irkutsk (Russia), Portugal and the company 3C. Consequently, the combined net effect of impairment losses and divestments on Tele2's EBIT for Q3 2007 amounts to approximately SEK -2.1 billion. After impairment and closing of announced divestments, the goodwill position of Tele2 will amount to SEK 11.8 billion. ____________________________________________________________________ Further information can be obtained from: Lars-Johan Jarnheimer, President and CEO Tele2 AB, Telephone: +46 8 5626 4000 Lars Nilsson, CFO, Telephone: +46 8 5626 4000 Lena Krauss, Investor Inquiries, Telephone: +46 8 5620 0045 Lars Torstensson, Investor Inquiries, Telephone: +46 702 73 48 79 Tele2 is Europe's leading alternative telecom operator Tele2's mission is to provide cheap and simple telecoms for everyone in Europe. Tele2 always strives to offer the market's best prices. We have 29 million customers in 18 countries. Tele2 offers fixed and mobile telephony, broadband, data network services and cable TV. Ever since Jan Stenbeck founded the company in 1993, it has been a tough challenger to the former government monopolies and other established providers. Tele2 has been listed on OMX Nordic Exchange since 1996. In 2006 we had operating revenue of SEK 50.3 billion and we reported an operating profit (EBITDA) of SEK 5.7 billion. Please visit us at www.tele2.com.


 

Amsterdam, the Netherlands - Ahold today announced that it has repurchased 7,699,486 of its own common shares in the period from October 1, 2007 up to and including October 5, 2007. Shares were repurchased at an average price of ¤10.6596 per share for a total amount of ¤82.07 million. These repurchases were made as part of the ¤1 billion share buyback program announced on August 30, 2007. The total number of shares repurchased under this program to date is 53,655,465 common shares for a total consideration of ¤556.6 million. Ahold Press Office: +31 (0)20 509 5343 Forward-looking statements notice Certain statements in this press release are forward-looking statements within the meaning of the U.S. federal securities laws. These statements include, but are not limited to, statements as to Ahold's expectations as to the maximum amount of the share buyback program. These forward-looking statements are subject to risks, uncertainties and other factors that could cause actual results to differ materially from the future results expressed or implied by the forward-looking statements, including the future market prices for Ahold's shares. Many of these risks and uncertainties relate to factors that are beyond Ahold's ability to control or estimate precisely. Many of these risk factors are detailed in Ahold's publicly filed reports. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release. Ahold does not undertake any obligation to release publicly any revisions to these forward-looking statements to reflect events or circumstances after the date of this press release, except as may be required by applicable securities laws. Outside the Netherlands, Koninklijke Ahold N.V., being its registered name, presents itself under the name of "Royal Ahold" or simply "Ahold."


 

MorphoSys AG (Frankfurt Stock Exchange: MOR; Prime Standard Segment) today announced the signing of a research collaboration with New Zealand-based Genesis Research and Development Corporation Ltd. (New Zealand Stock Exchange: GEN). Under the terms of the agreement, Genesis will continue to use HuCAL-based antibodies originally generated by the MorphoSys business unit AbD Serotec against the human fibroblast growth factor receptor FGFR5 for target validation and pre-clinical studies as part of its proprietary Zyrogen program. In this program, Genesis is investigating the development of therapeutic antibodies specific for the target molecule FGFR5, which is implicated in various autoimmune and bone-related diseases. Based on the scientific data generated by Genesis during the collaboration, the parties will discuss further development of the therapeutic program. Financial details of the agreement were not disclosed. The underlying target molecule FGFR5 (fibroblast growth factor receptor 5), a cell surface protein expressed by stromal cells of the hemopoietic system, was originally identified by Genesis from its proprietary EST databases. Genesis has carried out extensive studies to characterize the molecule's interactions with different cell types and tissues, suggesting that it is a therapeutic target for diseases such as osteoporosis, systemic lupus erythematosus, rheumatoid arthritis and multiple sclerosis. With the signing of this agreement, Genesis will continue to extend its strong patent position around this molecule using the HuCAL antibodies and will further validate its approach through in vitro and in vivo studies as a necessary prelude to a clinical development program. "The collaboration with Genesis provides us with access to an innovative and scientifically attractive target molecule which may lead to lucrative future commercial opportunities for MorphoSys," commented Dr. Simon Moroney, Chief Executive Officer of MorphoSys AG. "At the same time, it is a further example of the synergies arising between our two business segments, as satisfied AbD Serotec customers decide to partner with MorphoSys for the development of their therapeutic or diagnostic projects." "AbD Serotec have provided excellent technical advice and service", said Stephen Hall, Chief Executive Officer of Genesis Research. "We value the opportunity to work with MorphoSys Group to develop our therapeutic monoclonal antibodies which have great potential to help treat several diseases where there are limited treatments." For further information please contact: Dr. Claudia Gutjahr-Löser, Head of Corporate Communications, Tel: +49 (0) 89 / 899 27-122, gutjahr-loeser@morphosys.com or Mario Brkulj, Manager Public Relations, Tel: +49 (0) 89 / 899 27-454, brkulj@morphosys.com About MorphoSys: MorphoSys is a publicly traded biotechnology company focused on the generation of fully human antibodies as a means to discover and develop innovative antibody-based drugs against life-threatening diseases. MorphoSys's goal is to establish HuCAL as the technology of choice for antibody generation in research, diagnostics and therapeutic applications. The Company currently has therapeutic and research alliances with the majority of the world's largest pharmaceutical companies including Bayer-Schering, Boehringer Ingelheim, Centocor/Johnson & Johnson, Novartis, Pfizer and Roche. Within these partnerships, more than 40 therapeutic antibody programs are ongoing in which MorphoSys participates through exclusive license and milestones payments as well as royalties on any end products. Additionally, MorphoSys is active in the antibody research market through its AbD Serotec business unit. The business unit has operations in Germany (Munich), the U.S. (Raleigh, NC) and U.K. (Oxford). For further information please visit http://www.morphosys.com/ About Genesis Research: Genesis Research is a New Zealand-based biotechnology company, listed on the New Zealand and Australian stock exchanges. Since Genesis was established in 1994, it has built a broad therapeutic development platform targeting immune disorders and cancer and is developing RNAi therapeutics. Genesis has undertaken ten clinical trials in New Zealand and other countries, including seven at phase II, in collaboration with a number of international companies including Immunex (now Amgen) and Corixa (now GSK). Genesis has also worked with CSL, EvoGenix, Jurox and other Australian groups. Genesis has 4 issued patents on FGFR5 and several other patents pending that make claims to the therapeutic use of FGFR5 or FGFR5 antagonists in a variety of disorders. For further information see www.genesis.co.nz HuCAL® and HuCAL GOLD® are registered trademarks of MorphoSys AG This communication contains certain forward-looking statements concerning the MorphoSys group of companies. The forward-looking statements contained herein represent the judgment of MorphoSys as of the date of this release and involve risks and uncertainties. Should actual conditions differ from the Company's assumptions, actual results and actions may differ from those anticipated. MorphoSys does not intend to update any of these forward-looking statements as far as the wording of the relevant press release is concerned.


 

Stockholm - Tele2 AB, ("Tele2"), (Stockholm Stock Exchange: TEL2 A and TEL2 B), Europe's leading alternative telecom operator, today announced that it has sold its Italian and Spanish operations to Vodafone. Vodafone will pay in cash approximately SEK 7.1 billion on a debt and cash free basis. Completion is expected following approval from the relevant regulatory authorities. Lars-Johan Jarnheimer, President and CEO of Tele2, comments: "Tele2 has developed very successful businesses in both Italy and Spain. However, as an important step in our realignment strategy, Tele2 has decided to take advantage of the consolidation processes currently taking place in the Italian and Spanish telecommunications markets in order to realize value." At the end of June 2007, Tele2 Italy had approximately 1,961,000 fixed telephony customers, 268,000 broadband resale customers and 375,000 direct access & LLUB customers. Tele2 Italy affected Tele2's operating revenue in 2006 and the first half of 2007 by SEK 4,924 million and SEK 2,689 million, respectively, and EBITDA by SEK -58 million and SEK 1 million, respectively. At the end of June 2007, Tele2 Spain had approximately 307,000 fixed telephony customers, 47,000 broadband resale customers and 200,000 direct access & LLUB customers. Tele2 Spain affected Tele2's operating revenue in 2006 and the first half of 2007 by SEK 2,284 million and SEK 1,200 million, respectively, and EBITDA by SEK -188 million and SEK -74 million, respectively. ____________________________________________________________________ Further information can be obtained from: Lars-Johan Jarnheimer, President and CEO Tele2 AB, Telephone: +46 8 5626 4000 Lars Torstensson, Investor Inquiries, Telephone: +46 702 73 48 79 Lena Krauss, Investor Inquiries, Telephone: +46 8 5620 0045 Tele2 is Europe's leading alternative telecom operator Tele2's mission is to provide cheap and simple telecoms for everyone in Europe. Tele2 always strives to offer the market's best prices. We have 29 million customers in 18 countries. Tele2 offers fixed and mobile telephony, broadband, data network services and cable TV. Ever since Jan Stenbeck founded the company in 1993, it has been a tough challenger to the former government monopolies and other established providers. Tele2 has been listed on OMX Nordic Exchange since 1996. In 2006 we had operating revenue of SEK 50.3 billion and we reported an operating profit (EBITDA) of SEK 5.7 billion.


 

ST. JOHN'S, NEWFOUNDLAND AND LABRADOR--(Marketwire - October 05, 2007) - Newfoundland and Labrador Refining Corporation (NLRC), of which Altius Minerals Corp. is a 37-per-cent shareholder, has provided an update with respect to the environmental permitting of its proposed new oil refinery project in Placentia Bay, Nfld., and Labrador. A copy of the NLRC news release is provided below in its entirety. Newfoundland and Labrador Refining Corporation Announces Positive Decision From Provincial Environmental Assessment Process Newfoundland and Labrador Refining Corporation is pleased to report that the Minister of Environment and Conservation for the province of Newfoundland and Labrador has today issued a positive decision regarding the Environmental Impact Statement ("EIS") submitted by the Company concerning its proposed new oil refinery project in the Province. The decision may be viewed at http://www.env.gov.nl.ca/env/Env/EA%202001/pages/public_notices_2007.htm. Newfoundland and Labrador Refining Corporation (NLRC) was formed with a goal of constructing a new 300,000 barrel per day oil refinery on the east coast of Canada at Southern Head in Placentia Bay, Newfoundland. On July 27, 2007, the Company submitted its EIS to the Newfoundland and Labrador Department of Environment and Conservation, which established an October 5, 2007 ministerial decision date under Newfoundland and Labrador legislation. These documents may be accessed at www.nlrefining.com. Based upon public input and internal review of the EIS, the provincial minister of the Department of Environment and Conservation has today issued a positive decision regarding the acceptability of the EIS for the refinery project. The decision is subject to requirements of continuing data submission and providing an amendment document to add to the EIS. The conditions and continuing commitments are each acceptable to NLRC and consistent with its own stated objective of ensuring the project properly and fully addresses environmental and socioeconomic considerations. A Comprehensive Study Report ("CSR") on the marine terminal component of the project by the federal departments of Transport and Fisheries and Oceans is expected to be issued shortly. Both federal departments have been designated as responsible authorities for the marine terminal portion of the proposed project by the Canadian Environmental Assessment Agency ("CEAA"). Once the CSR has been issued, it will be distributed to the public for review and comment for at least 30 days. The Minister of Environment Canada will then consider public input in making a decision regarding the marine terminal. Public Consultation NLRC continues to work with neighbouring communities and local interest groups with respect to its proposed project. Such public input is highly valued by the company and is being used to optimize project design, maximize project related benefits and mitigate impacts. NLRC will continue to provide information to the public through public meetings, local interest group meetings, visiting communities and distributing information. To assist with these efforts, NLRC established a Public Information Centre located on the Trans-Canada Highway at the Bull Arm Visitors Centre. The public are invited to visit and review the information and ask questions there. For hours of operation, please call (709) 463-3333 or e-mail publicinfo@nlrefining.com. Background The founding shareholders of NLRC include Newfoundland and Labrador based Altius Resources Inc. and distinguished European entrepreneurs with proven track records in major project development. The proposed site for the refinery is Southern Head in Placentia Bay, which is located adjacent to main transatlantic shipping routes between North America and Western Europe. It also has the most favorable near shore and ice free large tanker port development potential in eastern North America. The region is currently home to a large industrial workforce and features established infrastructure that has supported other large oil industry related development projects. A feasibility study conducted by SNC-Lavalin in 2006 on behalf of NLRC concluded that a 300,000-barrel-per-day oil refinery in Placentia Bay would cost $4.6-billion (U.S.), plus standard owner costs, and would rank among the largest and most advanced crude oil processing plants in the world. The results of the study, combined with market based inputs as provided by international oil market experts, Cambridge Energy Research Associates, indicate that such a refinery in Placentia Bay has considerable competitive economic advantages over most, if not all, alternative Atlantic basin potential new refinery site locations. For further information about the project and the environmental assessment process, please visit the company website at www.nlrefining.com or contact our corporate office. The TSX Exchange does not accept responsibility for the adequacy or accuracy of this release. Contacts: Brian F. Dalton Director 1-888-570-3442 brian@nlrefining.com Chad Wells Community Inquiries 1-888-570-3442 roland@nlrefining.com


 

FT. MYERS, FL--(Marketwire - October 05, 2007) - NeoMedia Technologies (OTCBB: NEOM), the global leader in camera-initiated transactions for mobile devices, announced today that they will create the first NeoMedia Technologies advisory board and induct highly qualified industry veterans with deep wireless industry experience. The first inductees will include Clarence Wesley and Marc Lefar. Clarence Wesley brings 22 years of management and development experience from the technology field. Mr. Wesley was previously the founder and general manager of Xerox Mobile Solutions and principal at Xerox Palo Alto research Center (PARC) in the New Ventures Group. Prior to this, Mr. Wesley was the VP and general manager of NewtonSource Wireless, a management consultant for Marakon Associates, and spent several years as a software engineer with EDS and as a marketing executive with IBM. Marc Lefar was previously Chief Marketing Officer of Cingular Wireless (AT&T), responsible for all marketing strategy and execution. He had been with Cingular Wireless from 2003-2007 and currently operates his own technology and media consultancy, Marketing Insights. Prior to his position at Cingular Wireless, Marc acquired extensive experience in telecommunications through high-level marketing and management positions at GTE Wireless, Verizon Wireless, and Cable and Wireless Global. Mr. Lefar earned recognition as one of Advertising Age's Power Players, received the Marketing Top 50 Award, and lead Cingular Wireless to be a recipient of the accredited Gold Effie award. Marc currently serves on advisory boards of mobile marketing companies Air2Web and Local Solution's Network. "The development of the first NeoMedia Technologies Advisory board has combined many talented and highly qualified executives with much to offer in the technology and telecommunication fields," states William J. Hoffman, CEO of NeoMedia Technologies. "All the members bring extensive knowledge of the wireless and telecom industries. We are happy to have their commitment to NeoMedia Technologies." About NeoMedia Technologies, Inc. NeoMedia Technologies, Inc. (OTCBB: NEOM) is the global leader in optically initiated wireless transactions, bridging the physical and mobile world with innovative direct to web technology solutions. To provide a robust high-performance infrastructure for the processing of optical codes NeoMedia extends their offering with award winning Gavitec technology. Located in Germany, Gavitec AG-mobile digit is a leader in development and distribution of mobile scanners and software for mobile applications. In addition, Gavitec provides standardized and individual solutions for mobile marketing, couponing, ticketing and payment systems. To learn more visit www.neom.com, www.qode.com, and www.mobiledigit.de. This press release contains forward-looking statements within the meaning of section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. With the exception of historical information contained herein, the matters discussed in this press release involve risk and uncertainties. Actual results could differ materially from those expressed in any forward-looking statement. qode is a registered trademark, and qode®reader, qode®window and One Click to Content are trademarks of NeoMedia Technologies, Inc. Other trademarks are properties of their respective owners. Press Contacts: William Hoffman NeoMedia Technologies, Inc. (239) 337-3434 whoffman@neom.com Amanda George NeoMedia Technologies (239) 337-3434 ext. 151 ageorge@neom.com


 

GHENT, BELGIUM (Oct. 5, 2007) - Devgen NV (Eurolist: DEVG) today announced further positive results with its nematicide in US field trials on vegetables and a number of other crops. Based on these positive developments, Devgen will now ramp up its US activities. Devgen's board has decided to set up a US subsidiary in Delaware to bring the development program of the product to the next phase and to apply for the registration of the product. The data were generated from trials in 13 different states of the US, and will form a substantial part of the regulatory dossier that will be submitted to the US authorities in 2008/2009. The US market is the second largest nematicide market after Japan. The company previously reported positive regulatory field trial results in Europe and promising results in tropical countries. More news on the trials in Europe and Japan will follow in due course. Stefan Frey, COO of the company commented: "The data continue to confirm that we have a highly promising product at hand with the potential to address an unmet agricultural need." Furthermore, Jos Van Ast has joined the company as Manager EMEA and global product strategy to strengthen the team. Jos has been in the agro-chemical sector for nearly 20 years. He held various senior positions in the top tier agro chemical companies. Prior to joining Devgen, he was country manager for FMC Australasia. About Devgen Devgen is a top 10 public agro biotech company with agricultural business units focused on developing and commercializing: * a novel generation of biotech products to protect a wide spectrum of crops from damage incurred from pests; * biotech traits and germplasm to meet the growing needs for high yielding, high quality hybrid rice and selected small grains in India and S.E. Asia; * agro-chemical products with a safer and more environmentally friendly profile to protect crops from damage inflicted by plant parasitic nematodes. Devgen's biopharmaceutical division develops a new class of preclinical drug candidates, based on novel therapeutic concepts, for treatment of a range of inflammatory and metabolic disease (diabetes, obesity) and arrhythmia. Devgen has entered into partnerships with industry leaders in biotechnology and agro chemistry. Incorporated in 1997, Devgen has offices in Ghent (Belgium), Singapore and Hyderabad (India), with a total work force of about 100 people. Devgen is listed on Eurolist by Euronext Brussels (ticker: DEVG) since June 2005. For more information on Devgen, please visit the company's web site: www.devgen.com. For more information: Thierry Bogaert Hilde Windels CEO CFO 0032 9 324 24 22 0032 9 324 24 22 thierry.bogaert@devgen.com hilde.windels@devgen.com This press release may contain forward-looking statements containing the words "anticipates", "expects" , "intends", "plans", "estimates", "may" and "continues" as well as similar expressions. Such forward looking statements may involve known and unknown risks, uncertainties and other factors which might cause the actual results, performance or achievements of Devgen to be materially different from any future results or achievements expressed or implied by such forward-looking statements. These forward looking statements speak only as of the date of publication of this document. Devgen disclaims any obligation to update such forward looking statements in this document to reflect any change in its expectations, conditions or circumstances on which such statement is based, unless required by law or regulation. -oOo-


 

This is a press release of Royal Numico N.V. ("Numico") in connection with the recommended public offer by Danone for all outstanding ordinary shares in the share capital of Numico. This announcement and related materials do not constitute an offer to purchase nor a solicitation of an offer to sell shares. Any offer will be made only by means of the Offer Memorandum as defined below. Nowhere outside the Netherlands any actions have been taken (nor will any actions be taken) to make a public offer possible in any jurisdiction in which actions would be required to that effect. Not for release, publication or distribution, in whole or in part, in or into the United States, Canada, Australia, Italy and Japan. Schiphol, 5 October 2007 - Royal Numico N.V. announces the proposed new composition of Numico's Executive Board in the event that Groupe Danone S.A. ("Danone") declares its public offer for all the ordinary shares in the share capital of Numico unconditional. In addition to the earlier announced departure of Jan Bennink and Jean-Marc Huët, the following changes to Numico's Executive Board will be made in the event that Danone declares its offer for Numico unconditional. Chris Britton and Niraj Mehra have decided to resign from the company to pursue other career opportunities in the event the offer by Danone for Numico shares will be declared unconditional. In his role as President of Numico's Baby Food division, Chris Britton played an instrumental and leading role in the successful acceleration of the Baby Food sales growth to double-digit levels. Niraj Mehra - as Executive Board member responsible for Operations - fulfilled a crucial and valuable role in the overall optimisation of the supply chain including the successful closure of a number of plants. Following the envisaged successful completion of Danone's Offer which would result in a change of control, Chris Britton and Niraj Mehra will - upon their intended resignations - be entitled to a compensation of ¤ 2,008,500 and ¤ 2,255,500, respectively. Danone intends to nominate Christian Neu and François Caquelin as new members of Numico's Executive Board. Christian Neu will take over responsibility for Numico's Baby Food activities and will become CEO of Numico. François Caquelin will be responsible for all Finance related activities within Numico. Flemming Morgan - President of Numico's Clinical Nutrition division - will resume Board responsibility for Numico's Clinical Nutrition activities and will report to Bernard Hours, Co-Chief Operating Officer responsible for Danone's four operational business lines. Chris Britton, a British citizen, joined Numico's Executive Board on 1 February 2003, to head the Baby Food division. Prior to joining Numico, Chris Britton was Global Marketing Director for Diageo. Niraj Mehra was appointed to Numico's Executive Board on 16 December 2002 with responsibility for Operations. Before joining Numico, Niraj Mehra was Vice President Operations of Danone's Dairy division. Christian Neu, a German citizen, joined Danone in 1986 as head of regional sales, then head of sales for Danone Germany. He was named General Manager, Danone Benelux in 1993 and in 2000 became General Manager, Fresh Dairy Products for Northern Europe (including UK, Ireland, the Benelux, Germany, Austria and Scandinavia). In this position, Christian Neu was a key contributor to the growth of Groupe Danone's sales. He has also been in charge of Fresh Dairy Products operations in Italy since early 2007. Flemming Morgan, a British citizen, is currently a member of Numico's Executive Board, heading the Clinical Nutrition division since August 2006. After holding various management positions at The Coca Cola Company in Europe and Latin America, he joined Danone in 2000 and has served as General Manager, Fresh Dairy Products for Africa, Mideast and Partners for five years. François Caquelin, a French citizen, joined Danone in 1993 and has been Vice President, Finance, Purchasing and Information Systems for Asia-Pacific since 2005, after serving as Finance Director for the Fresh Dairy Products division for three years. For more information on the Offer made by Danone, reference is made expressly to the Offer Memorandum which can be obtained through the websites of Numico (www.numico.com) and Danone (www.danone.com). Copies of the Offer Memorandum are available free of charge at the offices of Numico and the Exchange Agent and can be obtained by contacting Numico or the Exchange Agent at the addresses below. Koninklijke Numico N.V. Exchange Agent: ING Bank N.V. Attn: Investor Relations ING Wholesale Banking Securities Services P.O. Box 75538 Attn: Paying Agency Services 1118 ZN Schiphol Airport Location code BV 06.01 The Netherlands Van Heenvlietlaan 220 1083 CN Amsterdam . The Netherlands Tel: +31 (0)20 456 9032 Tel: +31 (0)20 7979 398 Fax: +31 (0)20 456 8032 Fax: +31 (0)20 7979 607 Email: investor-relations@numico.com Email: iss.pas@mail.ing.nl Please click the link below to read the PDF-version of this release:


 

KONE Corporation, Stock Exchange Release, October 5, 2007 KONE's Austrian subsidiary was notified in February 2007 by the Austrian cartel court of the initiation of proceedings for the imposition of fines against companies possibly involved in anticompetitive practices in the Austrian elevator and escalator market. KONE's Austrian subsidiary has been one of the companies under investigation. The legal process has progressed to a phase where the Austrian competition authority has submitted to the cartel court its proposal for fines. The authority has proposed that the cartel court would impose a fine of EUR 26 million on KONE's Austrian subsidiary for suspected anticompetitive practices before mid 2004. "This is the competition authority's proposal and at the same time, it defines the upper limit for the possible fine," says Klaus Cawén, Executive Vice President, KONE Corporation. "A decision in respect of the case's merits in general and potential fines will be made by the Austrian cartel court." About KONE KONE is one of the world's leading elevator and escalator companies. It provides its customers with industry-leading elevators and escalators, with innovative solutions for their maintenance and modernization. KONE also provides maintenance of automatic building doors. In 2006, KONE had annual net sales of EUR 3.6 billion and approximately 29,000 employees. Its class B shares are listed on the OMX Nordic Exchange in Helsinki, Finland. www.kone.com For further information, please contact: Minna Mars, Senior Vice President, Communications and IR, tel. +358 (0)204 75 4501 Sender: KONE Oyj Klaus Cawén Executive Vice President Minna Mars Senior Vice President, Corporate Communications & IR


 

FORM 8.3 DEALINGS BY PERSONS WITH INTERESTS IN SECURITIES REPRESENTING 1% OR MORE (Rule 8.3 of the Takeover Code) 1. KEY INFORMATION +-------------------------------------------------------------------+ | Name of person dealing (Note 1) | Tisbury Capital Management | | | LLP | |--------------------------------------+----------------------------| | Company dealt in | Abbot Group Plc | |--------------------------------------+----------------------------| | Class of relevant security to which | | | the dealings being | 15p ordinary | | disclosed relate (Note 2) | | |--------------------------------------+----------------------------| | Date of dealing | 4 October 2007 | +-------------------------------------------------------------------+ 2. INTERESTS, SHORT POSITIONS AND RIGHTS TO SUBSCRIBE (a) Interests and short positions (following dealing) in the class of relevant security dealt in (Note 3) +-------------------------------------------------------------------+ | | Long | Short | | | | | |--------------------------------+-------------------+--------------| | | Number | (%) | Number | (%) | | | | | | | |--------------------------------+-----------+-------+--------+-----| | (1) Relevant securities | | | | | | | | | | | |--------------------------------+-----------+-------+--------+-----| | (2) Derivatives (other than | | | | | | options) | 3,234,158 | 1.392 | | | | | | | | | |--------------------------------+-----------+-------+--------+-----| | (3) Options | | | | | | and agreements to | | | | | | purchase/sell | | | | | | | | | | | |--------------------------------+-----------+-------+--------+-----| | Total | 3,234,158 | 1.392 | | | | | | | | | +-------------------------------------------------------------------+ (b) Interests and short positions in relevant securities of the company, other than the class dealt in (Note 3) +-------------------------------------------------------------------+ | Class of | Long | Short | | relevant security: | | | | | | | |-------------------------------------+--------------+--------------| | | Number | (%) | Number | (%) | | | | | | | |-------------------------------------+--------+-----+--------+-----| | (1) Relevant securities | | | | | | | | | | | |-------------------------------------+--------+-----+--------+-----| | (2) Derivatives (other than | | | | | | options) | | | | | | | | | | | |-------------------------------------+--------+-----+--------+-----| | (3) Options | | | | | | and agreements to purchase/sell | | | | | | | | | | | |-------------------------------------+--------+-----+--------+-----| | Total | | | | | | | | | | | +-------------------------------------------------------------------+ (c) Rights to subscribe (Note 3) +---------------------------------+ | Class | Details | | of relevant security: | | | | | |-----------------------+---------| | | | +---------------------------------+ 3. DEALINGS (Note 4) (a) Purchases and sales +--------------------------------------------+ | Purchase/sale | Number of | Price per | | | securities | unit (Note 5) | |---------------+------------+---------------| | | | | | | | | |---------------+------------+---------------| | | | | +--------------------------------------------+ (b) Derivatives transactions (other than options) +-------------------------------------------------------------------+ | Product | Long/short | Number of securities | Price per | | name, | (Note 6) | (Note 7) | unit (Note 5) | | e.g. CFD | | | | |----------+------------+---------------------------+---------------| | CFD | Long | 1,000,000 | 350.7000 GBp | |----------+------------+---------------------------+---------------| | CFD | Short | 715,842 | 354.8982 GBp | |----------+------------+---------------------------+---------------| | CFD | Long | 800,000 | 350.8800 GBp | |----------+------------+---------------------------+---------------| | CFD | Long | 500,000 | 349.1000 GBp | |----------+------------+---------------------------+---------------| | CFD | Long | 750,000 | 349.5100 GBp | |----------+------------+---------------------------+---------------| | CFD | Long | 900,000 | 350.8638 GBp | +-------------------------------------------------------------------+ (c) Options transactions in respect of existing securities (i) Writing, selling, purchasing or varying +------------------------------------------------------------------------------------+ | Product |Writing, selling, |Number of |Exercise|Type, e.g.|Expiry|Option money | | name, |purchasing, varying|securities |price |American, |date |paid/received | |e.g. call|etc. |to which the| |European | |per unit (Note| | option | |option | |etc. | |5) | | | |relates | | | | | | | |(Note 7) | | | | | |---------+-------------------+------------+--------+----------+------+--------------| | | | | | | | | +------------------------------------------------------------------------------------+ (ii) Exercising +-------------------------------------------------------------------+ | Product name, e.g. | Number of securities | Exercise price per | | call option | | unit (Note 5) | | | | | |--------------------+----------------------+-----------------------| | | | | | | | | +-------------------------------------------------------------------+ (d) Other dealings (including new securities) (Note 4) +-------------------------------------------------------------------+ | Nature of transaction | Details | Price per unit (if applicable) | | (Note 8) | | (Note | | | | 5) | |-----------------------+---------+---------------------------------| | | | | | | | | +-------------------------------------------------------------------+ 4. OTHER INFORMATION Agreements, arrangements or understandings relating to options or derivatives +-------------------------------------------------------------------+ | Full details of any agreement, | | arrangement or understanding between the person disclosing and | | any other | | person relating to the voting rights of any relevant securities | | under any | | option referred to on this form or relating to the voting rights | | or future | | acquisition or disposal of any relevant securities to which any | | derivative | | referred to on this form is referenced. | | If none, this should be stated. | |-------------------------------------------------------------------| | | | None | | | +-------------------------------------------------------------------+ Is a Supplemental Form 8 attached? (Note 9) NO +-------------------------------------------------------------------+ | Date | | | of disclosure | 05/10/2007 | |------------------------------------------------+------------------| | Contact | | | name | Julien Naginski | |------------------------------------------------+------------------| | Telephone | | | number | +44 20 7268 8642 | |------------------------------------------------+------------------| | If a connected EFM, name of offeree/offeror | | | with | | | which connected | | |------------------------------------------------+------------------| | If | | | a connected EFM, state nature of connection | | | (Note 10) | | +-------------------------------------------------------------------+ Notes The Notes on Form 8.3 can be viewed on the Takeover Panel's website at www.thetakeoverpanel.org.uk ---END OF MESSAGE---


 

Aspocomp Group Oyj Company Announcement October 5, 2007 at 4:55 pm Aspocomp has agreed on a standstill arrangement with its Finnish bank creditors for the purposes of stabilizing the financial position of the company during the pending negotiations with a potential business partner. The standstill arrangement is in force until 30 November, 2007 unless earlier terminated by banks due to a material reason. For further information, please contact Maija-Liisa Friman, CEO, tel. +358 9 7597 0711. ASPOCOMP GROUP OYJ Maija-Liisa Friman President and CEO Aspocomp: Innovative interconnection solutions for the electronics industry The Aspocomp Group develops and offers high technology interconnection solutions for the electronics industry in close cooperation with its customers. Aspocomp supplies printed circuit boards for mobile data terminal equipments, data communications networks and automotive industry. The company supports its global customers in developing new technologies and offers a fast route from product development to applications and volume production. The Group's production facilities are located in Finland, China and Thailand. In 2006, its net sales stood at EUR 149 million and it had about 3,350 employees. Distribution: The Nordic Exchange Major media www.aspocomp.com


 

Glitnir welcomes you to Shanghai and the 2007 Ocean of Opportunities, the leading think-tank within seafood - where key decision-makers within the global seafood industry meet to explore future opportunities and challenges facing the industry. We are proud to introduce an elite line-up of speakers who will provide their unique perspectives on a wide range of issues in four sessions. The first brings together leaders of seafood companies whose operations stretch far beyond their national boundaries in today's complex global economy. The second session shares its name with a business area Glitnir has recently expanded into: Japan and Oceania. Two afternoon sessions will be dedicated to China. First the fundamentals of the industry will be discussed among Chinese aquaculturists and caterers, who will also examine the important issues of product safety and quality control. The final session will focus on investment in China from legal and financial perspectives, as well as from the standpoint of investors. China is a very important country to the Global Seafood Industry. Its long history, buoyant economy along with its skilled and enthusiastic population all make for a true Ocean of Opportunities. THE CHINA FISHERIES AND SEAFOOD EXPO 2007 IN DALIAN The China Fisheries and Seafood Expo will be held in Dalian on 6-8 November. The timing of Oceans of Opportunities is designed to match with the Dalian Expo in order for industry professionals to be able to attend both. We therefore recommend making arrangements for an evening flight on Monday, 5 November, or a morning flight Tuesday, 6 November, from Shanghai to Dalian. We look forward to media sign up and for more information, or special requests, contact: brj@glitnir.no REGISTRATION AND INFORMATION Please confirm your attendance by logging on to www.glitnir.is/ocean Registration deadline is 19 October, 2007. Please find draft program enclosed. Best regards, Bjørn Richard Johansen Managing Director Glitnir, Corporate Communication OCEAN OF OPPORTUNITIES 2007 EVENT AGENDA Sunday, 4 November, 2007 Day Activities - Company visit - Departure at 11:00: Fu Ji food and catering services holdings limited Departure from conference hotel, the Pudong Shangri-La Fu Ji is the largest domestic catering services provider in Shanghai. Fu Ji employs integrated catering solutions through centralised processing and restaurant management to provide quality food and services in canteens, Chinese restaurants and convenience food outlets. Its central kitchen caters to more than 1 million customers every day, and its series of canteens and restaurants include a 3500-seater. Fu Ji was recently awarded with the exclusive right to service Chinese train stations. Furthermore, Fu Ji is the biggest catering supplier to the 2008 Beijing Olympics. 19:00 Dinner and Entertainment: Shanghai's history meets Glitnir's hospitality in an evening combining Asian and Western culinary traditions and local performances. Locations and details to be revealed the same night. Departure from the Shangri-La Hotel. Monday, 5 November, 2007 08:30 Conference registration, River Wing, 3rd floor, Shangri-La Hotel 09:00 Conference - Ocean of Opportunities 2007 12:00 Lunch prepared by the Shangri-La's top chefs 16:30 Conference Conclusion 17:00 Farewell cocktail at Jade on 36 floor, Shangri-La Hotel CONFERENCE AGENDA, 09:00 - 17:00 SESSION I The Global Seafood Market Lárus Welding 'CEO Glitnir' - "Opening address" Bernt Bodal "Changing trends and diets in the US market" CEO American Seafood "Growing in the Peruvian Seafood market and Oslo listing" Samuel Dyer Coriat CEO Copeinca SESSION II - Japan and Oceania "Japanese seafood and the Tokyo Fish Market" Hiroyasu Itoh Chuo Gyorui "The development of ranching tuna in Australia" Brian Jeffries Australian Tuna Boat Owners "New Zealand's export market for seafood" Eric Barrat Sanford SESSION III - China "Catering and seafood in China" Wei Dong, Chairman Fu Ji Catering "Food safety in China" Peter Leedham Manager Sinoanalytica "Setting up a JV in China" Eric Wang MD Asian Seafood SESSION IV - M&A "Negotiation tactics and a new generation of entrepreneurs in China" Zhu Jiang Chief-Rep. Glitnir "Investing in the world's fastest growing big economy" Einar Gústafsson GM Bakkvör Asia "M&A in China - How it is different" Peter Corne Partner Eversheds Shanghai REGISTRATION AND INFORMATION Please confirm your attendance by logging on to www.glitnir.is/ocean Registration deadline is 19 October, 2007. HOTEL ACCOMMODATION AND TRAVEL ARRANGEMENTS Conference guests are responsible for their own accommodation and travel arrangements. Glitnir has a group reservation at The Pudong Shangri-La Hotel in Shanghai from 3-5 November (two nights). Glitnir can help cover part of costs for the press (we adjust to the policy that is used by the media itself), but any cost split needs to be agreed when you sign on to the event. E-mail to brj@glitnir.no. Recommended arrival time is Saturday evening 3 November or Sunday morning 4 November. Please send your room reservation to travel@glitnir.is About Fu Ji Fu Ji is the largest domestic catering services provider in Shanghai. The company specializes in providing integrated catering solutions and supplying quality food. Backed by solid technical know-how, centralized processing and restaurant management capabilities, they are rapidly developing into an outstanding food and catering chain operator, providing quality food and services for business and leisure users alike. Fu Ji's focus is on developing specialized solutions that meet its clients' catering needs and the operations - Catering Services, Chinese Restaurants and Convenience Foods - complement each other perfectly. For more information: www.fujicatering.com About Glitnir The financial group Glitnir offers universal banking and financial services, with the Nordic region as its home base. Glitnir is a leading niche player in three global industry segments: seafood/food, sustainable energy (geothermal energy), and offshore services vessels. The group's services include retail, corporate and investment banking, stock trade/brokerage and capital management. Glitnir considers Iceland and Norway as its home markets. The Glitnir group has operations in Iceland, Norway, Sweden, Denmark, Finland, the UK, Luxembourg, Russia, USA (Glitnir Capital Corporation), Canada and China. Glitnir is listed on the Icelandic Stock Exchange. For more information see www.glitnirbank.com


 

LIBERTY INTERNATIONAL PLC NOTIFICATION OF MAJOR INTERESTS IN SHARES As a result of an acquisition of voting rights Liberty International PLC has received the following notification of interests in the Ordinary shares of 50 pence in the Company: +-------------------------------------------------------------------+ | i) Full name of Persons | Legal & General Group Plc (L&G) | | subject to the | | | notification obligation | | |---------------------------+---------------------------------------| | | | | ii) Full name of | Legal & General Assurance (Pensions | | shareholder(s) (if | Management) Limited (PMC) | | different from i) | | | | | |---------------------------+---------------------------------------| | iii) Date of Transaction | 1 October 2007 | | | | |---------------------------+---------------------------------------| | iv) Date issuer was | 4 October 2007 | | notified | | |---------------------------+---------------------------------------| | v) Threshold that was | From 3% to 4% | | crossed | | |---------------------------+---------------------------------------| | vi) Number of voting | 14,633,752 (Direct) | | rights | | |---------------------------+---------------------------------------| | vii) % of voting rights | 4.04% | | | | |---------------------------+---------------------------------------| | viii) Chain of controlled | Legal & General Group Plc | | undertakings through | (Direct and Indirect) (Group) | | which the voting rights | | | and/or the financial |---------------------------------------| | instruments are | Legal & General Investment | | effectively held | Management (Holdings) Limited | | | (LGIMH) (Direct and Indirect) | | | | | |---------------------------------------| | | Legal & General Investment | | | Management Limited (Indirect) (LGIM) | | | | | |---------------------------------------| | | Legal & General Group Plc (Direct) | | | (L&G) (14,633,752 - 4.04% = LGAS, | | | LGPL & PMC) | | |---------------------------------------| | | Legal & General | Legal & General | | | Investment | Insurance | | | Management | Holdings | | | (Holdings) Limited | Limited | | | (Direct) (LGIMHD) | (Direct) (LGIH) | | | (12,625,180 - 3.48% | | | | = PMC) | | | |---------------------+-----------------| | | Legal & General | Legal & General | | | Assurance (Pensions | Assurance | | | Management) | Society | | | Limited (PMC) | Limited (LGAS | | | (12,625,180 - 3.48% | & LGPL) | | | = PMC) | | | |---------------------------------------| | | Legal & General Pensions | | | Limited (Direct) (LGPL) | | | | +-------------------------------------------------------------------+ Susan Folger Company Secretary 020 7887 7073 5 October 2007 ---END OF MESSAGE---


 

STOCKMANN plc COMPANY ANNOUNCEMENT October 5, 2007, at 15.15 Lindex' shareholders representing approximately 24 percent of all the issued and outstanding shares in Lindex have, in addition to already having together with certain other Lindex' shareholders expressed their support for Stockmann's public tender offer for the shares in Lindex (the "Offer") as disclosed in the offer announcement of 1 October 2007, entered into irrevocable undertakings to tender their Lindex shares to Stockmann under the Offer. The undertakings may be withdrawn should a third party launch a public tender offer for all the shares in Lindex for a consideration higher than the consideration offered in the Offer. The other shareholders in Lindex that have expressed their support for the Offer represent approximately 20 percent of all the issued and outstanding shares in Lindex. The Offer is thus at the moment supported by approximately 44 percent of the Lindex' shareholders in total. STOCKMANN plc Hannu Penttilä CEO DISTRIBUTION OMX Nordic Exchange Helsinki Principal media


 

Combination Regimen Appears Safe and Well-Tolerated with Early Evidence of Clinical Activity WALTHAM, MA - October 5, 2007 - OXiGENE, Inc. (NASDAQ: OXGN, XSSE: OXGN), a clinical-stage, biopharmaceutical company developing novel therapeutics to treat cancer and eye diseases, announced today that interim results from an ongoing Phase Ib study of its lead product candidate, ZYBRESTAT(TM) (combretastatin-A4 phosphate / CA4P), administered in combination with bevacizumab (AVASTIN®) to patients with advanced solid tumors, were presented today at the European School of Haematology's International Conference on Vascular Targeted Therapies in Oncology in Mandelieu, France. Based on results from the first two of three dose cohorts in the study, in which a total of six patients were evaluable, the ZYBRESTAT-bevacizumab combination appeared safe and well-tolerated, resulted in significantly enhanced tumor blood-flow reductions as measured by DCE-MRI imaging, and demonstrated early evidence of clinical activity in the absence of concurrent cytotoxic chemotherapy. A copy of the poster presentation is available at www.oxigene.com under Press Room / Publications. "These encouraging initial data underscore the potential for delivering enhanced benefits to solid tumor patients by combining these different-yet-complementary therapies to deprive tumors of blood supply," commented Richard Chin, M.D., chief executive officer and president of OXiGENE. "Based on the results from this study, we plan to initiate by the first quarter of 2008 a controlled Phase II study of ZYBRESTAT plus bevacizumab and standard chemotherapy in patients with non-small-cell lung cancer." The principal investigator of this trial, Dr. Paul Nathan of the Mount Vernon Cancer Centre, United Kingdom, commented, "This is the first-ever clinical trial combining a vascular disrupting agent and an anti-angiogenic drug. Importantly, the interim results provide evidence of enhanced activity with this chemotherapy-free combination regimen, as was initially predicted in preclinical studies. The interim results to date indicate that the CA4P-bevacizumab combination appears safe and well-tolerated, and functional imaging demonstrates additive effects on tumor vasculature. In addition, early evidence of clinical activity has been seen, based on the number and duration of stable-disease responses achieved in these patients with advanced disease." The ongoing Phase Ib study is an open-label, dose-escalation study designed to evaluate safety and tolerability, pharmacodynamics, pharmacokinetics, and biomarkers associated with three dosages of ZYBRESTAT (45 mg/m2, 54 mg/m2 and 63 mg/m2 ) in combination with bevacizumab (10mg/kg administered every 14 days). OXiGENE anticipates completing enrollment in the study in the current quarter and reporting further data from all dose cohorts at an appropriate scientific forum in 2008. About ZYBRESTAT / Combretastatin A4P (CA4P) OXiGENE believes that ZYBRESTAT is poised to become the first therapeutic product in a novel class of small-molecule drug candidates called vascular disrupting agents (VDAs). Through interaction with vascular endothelial cell cytoskeletal proteins, ZYBRESTAT selectively targets and collapses tumor vasculature, thereby depriving the tumor of oxygen and causing death of tumor cells. ZYBRESTAT has demonstrated potent and selective activity against tumor vasculature, as well as clinical activity against ATC and other solid tumors in clinical studies. About OXiGENE OXiGENE is a clinical-stage biopharmaceutical company developing novel therapeutics to treat cancer and eye diseases. The company's major focus is developing vascular disrupting agents (VDAs) that selectively disrupt abnormal blood vessels associated with solid tumor progression and visual impairment. OXiGENE is dedicated to leveraging its intellectual property and therapeutic development expertise to bring life-extending and -enhancing medicines to patients. Safe Harbor Statement This news release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Any or all of the forward-looking statements in this press release, including those relating to the future clinical development of ZYBRESTAT, future results of the ongoing Phase Ib clinical trial, approval by the FDA, timing of patient enrollment, the effective combination of ZYBRESTAT with other drugs, and ZYBRESTAT leading a novel class of small-molecule drug candidates may turn out to be wrong. Forward-looking statements can be affected by inaccurate assumptions OXiGENE might make or by known or unknown risks and uncertainties. Additional information concerning factors that could cause actual results to materially differ from those in the forward-looking statements is contained in OXiGENE's reports to the Securities and Exchange Commission, including OXiGENE's Form 10-K, 10-Q and 8-K reports. However, OXiGENE undertakes no obligation to publicly update forward-looking statements, whether because of new information, future events or otherwise. Please refer to our Annual Report on Form 10-K for the fiscal year ended December 31, 2006. CONTACT: OXiGENE, Inc. Shari Annes, 650-888-0902 SOURCE: OXiGENE, Inc. AVASTIN® is a registered trademark of Genentech, Inc.


 

Reykjavik, 5th October 2007, Bakkavör Group has further strengthened its UK business with the acquisition of Welcome Food Ingredients Ltd, a UK flavourings and sauce producer. The consideration price, which remains confidential, was financed through and paid by the Group's own cash resources. Welcome Food Ingredients was established in 1994 and specialises in using fresh and dried ingredients to create and manufacture flavourings and blends such as sauces, pastes and dressings for the food industry. The company is located in Nottinghamshire and employs 115 people. Welcome will be consolidated into Bakkavör Group from the acquisition date, but the acquisition will not have a material effect on the Group's financial results during this financial year. Ágúst Gudmundsson CEO of Bakkavör Group, said: "The acquisition of Welcome Foods Ingredients brings to the Group an added value business with good prospects for continued growth through existing and new customers in the UK." Further Information: Ágúst Gudmundsson, CEO Tel: +44 (0)20 7266 6400 Hildur Árnadóttir, CFO Tel: +354 858 9706 About Bakkavör Group Bakkavör Group is a leading international food manufacturing company specialising in fresh prepared foods and produce. The Group operates 55 factories and employs around 20,000 people in eight countries. The Group's Head Office is in Reykjavík, Iceland, and the business is listed on the OMX Nordic Exchange in Iceland (www.omxgroup.com/nordicexchange Ticker: BAKK). The Group's vision is to be recognised and respected as the world's leading fresh prepared foods and produce provider. Bakkavör Group has attained leading market positions in its key market areas of ready meals, pizzas, convenience salads and leafy salads. In total, the Group makes over 4,700 products in 17 product categories, which are developed and sold predominantly under its customers' own brands. In addition to the UK and Iceland, the Group also has business operations in France, Belgium, Spain, South Africa, China and the Czech Republic. To subscribe to Bakkavör Group's mailing list, please log onto: www.bakkavor.com/subscribe


 

New .asia domain reflects growing interest in regional web addresses Brussels, 5 October 2007 - EURid, the European registry for .eu, welcomes the arrival of .asia to the Internet. The pioneering .eu domain, which is available to 490 million Europeans in 27 countries, was the first top-level Internet domain for a broad, multi-country region. The launch of .asia next week reflects the growing interest in regional top-level domains, which some regional supporters hope will eventually include Africa and Latin America as well. No one knows which names will be most popular on October 9, when the .asia registry starts accepting the first round of applications, but EURid's experience offers some clues. In the first two days .eu domain names became available, EURid received 227 applications for sex.eu, 118 for hotel.eu and 94 for travel.eu. "The .asia registry will probably see the same rush for generic names but that will pass," said Marc Van Wesemael, general manager of EURid. "After a time, Europeans realised that a .eu domain was good for business. People in Asia will surely discover that as well." Within a few months of its launch, .eu became the third-largest European top-level domain. Today close to 2.6 million domain names are registered and the number of active .eu sites is growing. Bridgestone, Century 21 and Daikin are among the many companies that use .eu domain names to promote their business and products. According to Paul Butler, general manager of Mirai, www.mirai.eu was the obvious home for his growing company, which produces digital home entertainment products. "We didn't want dot-com anonymity," Butler explained. "We wanted to be known as a European company." Soon Asian companies will have a similar opportunity to stand out on the Internet. "The .asia domain is a welcome addition to the neighbourhood," said Van Wesemael. "We offer our best wishes to the .asia registry and .asia domain." About EURid - the European Registry of Internet Domain Names EURid is the not-for-profit organisation appointed by the European Commission to register and manage .eu domain names. EURid was founded in April 2003, with headquarters in Brussels and regional offices in Stockholm, Prague and Pisa. The organisation has seven members: the registries managing the national top-level domains for Belgium (.be), Sweden (.se), Italy (.it), Slovenia (.si) and the Czech Republic (.cz); the European chapter of the Internet Society; and Business Europe. See www.eurid.eu for more information about .eu and www.registry.asia for more information about .asia. Media contact: Patrik Lindén, EURid communications manager Patrik.linden@eurid.eu or +46 70 550 71 98


 

FORM 8.3 DEALINGS BY PERSONS WITH INTERESTS IN SECURITIES REPRESENTING 1% OR MORE (Rule 8.3 of the City Code on Takeovers and Mergers) 1. KEY INFORMATION +-------------------------------------------------------------------+ | Name of person dealing (Note 1) | AXA Investment Managers UK | | | Limited/AXA Framlington | | | Investment Management Limited | |-----------------------------------+-------------------------------| | Company dealt in | Bespak Plc | |-----------------------------------+-------------------------------| | Class of relevant security to | Ordinary shares | | which the dealings being | | | disclosed relate (Note 2) | | |-----------------------------------+-------------------------------| | Date of dealing | 04/10/07 | +-------------------------------------------------------------------+ 2. INTERESTS, SHORT POSITIONS AND RIGHTS TO SUBSCRIBE (a) Interests and short positions (following dealing) in the class of relevant security dealt in (Note 3) +-------------------------------------------------------------------+ | | Long | Short | | | | | |------------------------------------+-----------------+------------| | | Number (%) | Number (%) | |------------------------------------+-----------------+------------| | (1) Relevant securities | 518,576 (1.82%) | | |------------------------------------+-----------------+------------| | (2) Derivatives (other than | | | | options) | | | |------------------------------------+-----------------+------------| | (3) Options and agreements to | | | | purchase/sell | | | |------------------------------------+-----------------+------------| | Total | 518,576 (1.82%) | | +-------------------------------------------------------------------+ (b) Interests and short positions in relevant securities of the company, other than the class dealt in (Note 3) +-------------------------------------------------------------------+ | Class of relevant security: | Long | Short | |-----------------------------------------+------------+------------| | | Number (%) | Number (%) | |-----------------------------------------+------------+------------| | (1) Relevant securities | | | |-----------------------------------------+------------+------------| | (2) Derivatives (other than options) | | | |-----------------------------------------+------------+------------| | (3) Options and agreements to | | | | purchase/sell | | | |-----------------------------------------+------------+------------| | Total | | | +-------------------------------------------------------------------+ (c) Rights to subscribe (Note 3) +---------------------------------------+ | Class of relevant security: | Details | |-----------------------------+---------| +---------------------------------------+ 3. DEALINGS (Note 4) (a) Purchases and sales +----------------------------------------------------------------+ | Purchase/sale | Number of securities | Price per unit (Note 5) | |---------------+----------------------+-------------------------| | Sale | 1,492 | 6.70p | +----------------------------------------------------------------+ (b) Derivatives transactions (other than options) +-------------------------------------------------------------------+ | Product | Long/short (Note | Number of securities | Price per | | name, | 6) | (Note 7) | unit (Note | | e.g. CFD | | | 5) | |----------+------------------+------------------------+------------| | | | | | +-------------------------------------------------------------------+ (c) Options transactions in respect of existing securities (i) Writing, selling, purchasing or varying +------------------------------------------------------------------------------------+ |Product |Writing, |Number of |Exercise|Type, e.g.|Expiry|Option money | |name, |selling, |securities to which|price |American, |date |paid/received | |e.g. call|purchasing, |the option relates | |European | |per unit (Note| |option |varying etc.|(Note 7) | |etc. | |5) | |---------+------------+-------------------+--------+----------+------+--------------| +------------------------------------------------------------------------------------+ (ii) Exercising +-------------------------------------------------------------------+ | Product name, e.g. | Number of securities | Exercise price per | | call option | | unit (Note 5) | |--------------------+----------------------+-----------------------| | | | | | | | | +-------------------------------------------------------------------+ (d) Other dealings (including new securities) (Note 4) +-------------------------------------------------------------------+ | Nature of transaction | Details | Price per unit (if applicable) | | (Note 8) | | (Note 5) | |-----------------------+---------+---------------------------------| | | | | +-------------------------------------------------------------------+ 4. OTHER INFORMATION Agreements, arrangements or understandings relating to options or derivatives +-------------------------------------------------------------------+ | Full details of any agreement, arrangement or understanding | | between the person disclosing and any other person relating to | | the voting rights of any relevant securities under any option | | referred to on this form or relating to the voting rights or | | future acquisition or disposal of any relevant securities to | | which any derivative referred to on this form is referenced. If | | none, this should be stated. | |-------------------------------------------------------------------| | | | | +-------------------------------------------------------------------+ Is a Supplemental Form 8 attached? (Note 9) NO +-------------------------------------------------------------------+ | Date of disclosure | 05/10/2007 | |---------------------------------------------------+---------------| | Contact name | Maria Mauro | |---------------------------------------------------+---------------| | Telephone number | 0207 003 2812 | |---------------------------------------------------+---------------| | If a connected EFM, name of offeree/offeror with | N/A | | which connected | | |---------------------------------------------------+---------------| | If a connected EFM, state nature of connection | N/A | | (Note 10) | | +-------------------------------------------------------------------+ ---END OF MESSAGE---


 

Hybrid and NASA Kennedy Space Center Team Up to Offer Sam's Club Members a Once In a Lifetime Package for 2007 MOORESVILLE, NORTH CAROLINA and BENTONVILLE, ARKANSAS -- (MARKET WIRE) -- 10/05/07 -- Hybrid Technologies, Inc. (OTCBB: HYBT) (www.hybridtechnologies.com), emerging leaders in the development and marketing of lithium-powered products worldwide, is pleased to announce Sam's Club Inc. has revealed the Hybrid Smart car as a once in a lifetime package offered only to Sam's Club members. To link to the official Sam's Club release click here: http://walmartfacts.com/articles/5332.aspx The 2007 Hybrid Technologies lithium-powered Smart Car is a zero-emission vehicle and features cutting-edge technology from NASA, while being cool enough for A-list celebrities, including George Clooney, who owns a similar model. The national space center contributed space-based intelligence for the car's advanced battery system. This unique gift package also includes a behind-the-scenes VIP trip to NASA's Kennedy Space Center to witness a shuttle launch first-hand. This package is offered for $35,000. "We're offering the fully electric Smart Car to Sam's Club members as it represents the latest in advanced lithium technology. This vehicle, originally developed under a Space Act Agreement with NASA, has created a strong following throughout environmental, celebrity and automotive circles. This Limited Edition STS-118 Smart Car will be the perfect addition for car collectors or environmentalists wanting to make a difference by driving a zero-emissions vehicle," said Richard Griffiths, Strategic Relations for Hybrid Technologies. About Sam's Club: www.samsclub.com About Hybrid Technologies: www.hybridtechnologies.com Forward-Looking Statement This press release may include forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These statements are based on the Company's current expectations as to future events. However, the forward-looking events and circumstances discussed in this press release might not occur, and actual results could differ materially from those anticipated or implied in the forward-looking statements. Contacts: Hybrid Technologies, Inc. Media Contact 1-888-HYBTECH (1-888-492-8324) Email: pr@hybridtechnologies.com Hybrid Technologies, Inc. Investor Relations 1-888-669-1808 Email: info@hybridtechnologies.com Website: www.hybridtechnologies.com


 

Oslo, 5. October 2007 - Today, the Disciplinary Committee of OMX Nordic Exchange Helsinki has issued a warning concerning Stora Enso's second quarterly report communication of 26 July 2007. The warning refers to a human error on the part of Hugin's customer support. The quarterly report was posted by Hugin on Stora Enso's English website one hour too early. The error has no connection with Hugin's primary disclosure services. Hugin provides an automated primary disclosure publishing system to 11 European Stock Exchanges. Following the launch of the service on the Finnish market in February 2007 over 40 listed companies have moved to use Hugin's primary disclosure service. Prior to February all Finnish companies were obligated to use the Stock Exchange's primary disclosure service. Internationally over 1200 companies use Hugin's services to distribute their financial information. Hugin has been in constant dialogue with Stora Enso since the incident. Internal procedures have been improved immediately after the incident to avoid the occurrence of a similar error in the future. Tor Baekkelund, CEO of Hugin says « Hugin is committed to delivering high-quality services to all its clients. It is our primary goal to drive corporate value for our clients by delivering best-of-breed products and services for efficient IR and PR communication» About Hugin Hugin, a NYSE Euronext company, is the leading pan-European provider of innovative services and professional support for connecting communication professionals with their target audiences and at the same time ensures compliance with market authorities' regulations. From its start in 1995, Hugin has pioneered the regulatory and news distribution service industry developing methods driving best practice. Hugin helps companies with their complete distribution and compliance needs. Hugin's channels connect companies directly to thousands of journalists, analysts, institutional investors and their specific stakeholders. Hugin is the favored partner of Investor Relations and Public Relations Officers by offering them a full range of services including: financial, regulatory and media news distribution, online services, broadcast services, learning services and client services. Hugin today forms an international group present in 11 countries through 12 offices in Belgium, France, Denmark, Finland, Germany, Norway, Poland, Sweden, Switzerland, The Netherlands and The United Kingdom. Hugin has more than 1 700 clients in 26 countries. As well as its activities in the European countries, Hugin has also developed strategic relationships with partners in the USA and in Asia. Hugin allows European companies to distribute their press releases in the local language to professional investors and the media globally. For more information go to http://www.hugingroup.com Journalist and media enquiries contact: Matthias Erler, Director Marketing & Partner Development +49 89 17 95 92 93 Tor Baekkelund, CEO +47 41 69 52 41 Linda Sadgui Communication & Press Officer T. +33 1 49 27 53 63 - E. linda.sadgui@hugingroup.com


 

Sunniva Rudstrøm (45) has been appointed CFO in Ocean HeavyLift ASA. She will take up her position latest 1 January 2008. She is currently working as a consultant. Rudstrøm has long experience from various positions in Norsk Hydro and Yara International. From 2001-2006 she was Director Finance & Business Administration in Hydro Formates/Yara Formates. Rudstrøm graduated from the Norwegian School of Management, BI in 1989. Oslo, 5 October 2007 Ocean HeavyLift ASA For further information, please contact: Cato Hellstenius, Managing Director Ocean HeavyLift ASA Tel: +47 906 66 587 Ocean HeavyLift ASA is a Norwegian oil service company supplying special services within the transport of offshore installations such as drilling rigs and offshore modules. The company will have four semi submersible heavylift vessels in operation within end 2007.


 

ICA-handlarnas Förbund, SEB Fonder and Swedbank Robur Fonder were the three largest shareholders in Hakon Invest as per September 14, 2007, and therefore have the possibility to nominate members to the company's Nomination Committee. All three of these shareholders have exercised their right to nominate members. ICA-handlarnas Förbund has appointed Håkan Olofsson, an ICA retailer in Boden, and Claes Ottosson, an ICA retailer in Hovås, as its representatives on the Nomination Committee. Håkan Olofsson was ICA-handlarnas Förbund's Nomination Committee representative prior to the 2006 and 2007 Annual General Meetings. Claes Ottosson is a new Nomination Committee member. SEB Fonder has appointed Stefan Roos, SEB Asset Management, as its representative on the Nomination Committee. Stefan Roos represented SEB Fonder on the Nomination Committee also prior to the 2006 and 2007 Annual General Meetings. Swedbank Robur Fonder has named KG Lindvall as its representative on the Nomination Committee. Swedbank Robur Fonder is a new Nomination Committee designator. Unless the members agree otherwise, the chairman of the Nomination Committee shall be one of the representatives of the largest shareholder based on voting rights, ICA-handlarnas Förbund. The work of the Nomination Committee is conducted in accordance with the guidelines adopted by the Annual General Meeting of Hakon Invest AB and in line with the Swedish Code of Corporate Governance. Shareholders who wish to submit proposals and viewpoints regarding the work of the Nomination Committee are requested to do so during the autumn, but not later than Friday, February 26, 2008. The Annual General Meeting of shareholders in Hakon Invest is scheduled for Tuesday, April 22, 2008, at 4.00 p.m. at the Grand Hôtel in Stockholm, Sweden. Please address proposals and viewpoints to: Hakon Invest AB Nomination Committee attn: General Counsel Fredrik Hägglund Box 1508 SE-171 29 Solna, Sweden Tel: +46 (0)8-55 33 99 08 Fax: +46 (0)8-55 33 99 33 E-mail: fredrik.hagglund@hakoninvest.se Hakon Invest, which is listed on the Large Cap list of the Nordic Exchange, conducts active and long-term investment operations in retail-oriented companies in the Nordic region. Hakon Invest owns 40% of ICA AB, the Nordic region's leading retail company with focus on food. Hakon Invest also has holdings in Forma Publishing Group, Kjell & Company, Hemma, Cervera and inkClub. For more information about Hakon Invest, visit www.hakoninvest.se.


 

To the London Stock Exchange 5th October 2007 Notification of Major Interests In Shares Mothercare plc announces that Legal & General Group Plc (including its associated companies Legal & General Investment Management (Holdings) Limited, Legal & General Investment Management Limited, Legal & General Assurance (Pensions Management) Limited), have increased their notifiable interest in the voting rights of Mothercare plc. The notifiable interest now comprises 3,527,313 or 4.04% of the company's voting rights. Further information: Clive E. Revett, Company Secretary. 01923 206185 Lynne Medini, Assistant Secretary. 01923 206186 ---END OF MESSAGE---


 

Royal DSM N.V. announces the following: Jo van den Hanenberg, at present Executive Vice President and Chief Information Officer (CIO), will retire as of 1 January 2008. Mr. van den Hanenberg has been leading the global transformation of the ICT organization within DSM, the implementation of a company-wide ICT infrastructure, the implementation of standard business processes based on SAP, the disentanglement of Roche Vitamins & Fine Chemicals and the integration of these business entities into DSM ICT. As of the same date Aloys Kregting will succeed Jo van den Hanenberg as Chief Information Officer at DSM. Mr Kregting has extensive experience in ICT, which he gained in various positions in organizations such as KPN, Unilever and Numico. DSM DSM creates innovative products and services in life sciences and materials sciences, contributing to the quality of life. DSM's products and services are used globally in a wide range of markets and applications, supporting a healthier, more sustainable and enjoyable way of living. End markets include human and animal nutrition and health, personal care, pharmaceuticals, automotive, coatings and paint, electrics & electronics, life protection and housing. The company strategy, Vision 2010 - Building on Strengths, focuses on accelerating profitable and innovative growth of the company's specialties portfolio. The key drivers of this strategy are market-driven growth and innovation, an increased presence in emerging economies and operational excellence. DSM has annual sales of almost EUR 9 billion and employs some 22,000 people worldwide. The company is headquartered in the Netherlands, with locations in Europe, Asia, the Americas, Africa and Australia. More information on DSM can be found at www.dsm.com. For more information: DSM Corporate Communications DSM Investor Relations Nelleke Barning Dries Ausems tel. +31 (0) 45 tel. +31 (0) 45 5782864 5782017 fax +31 (0) 45 5782595 fax +31 (0) 45 e-mail 5740680 investor.relations@dsm.com e-mail media.relations@dsm.com


 

Suomen Paikallissanomat Oy PRESS RELEASE 5 Oct 2007 SIMO HUSSO AND TEIJO MÄKI APPOINTED EDITORS-IN-CHIEF FOR SUOMEN PAIKALLISSANOMAT OY'S LOCAL NEWSPAPERS Simo Husso (42), student of social studies, has been appointed Editor-in-Chief for Pyhäjokiseutu, a local newspaper appearing in Oulainen three times a week, effective from November 12, 2007. Mr Husso joins Pyhäjokiseutu from Urjalan Sanomat, where he has held the position of Editor-in-Chief/Managing Director since 2004. Mr Husso has studied journalism and mass communication, social psychology, sociology and adult education at the University of Tampere. Before his post with Urjalan Sanomat he worked as producer at the co-production department of Suomen Paikallissanomat, reporter responsible for layout at Nokian Uutiset and local reporter at Kurun Sanomat. The circulation of Pyhäjokiseutu is 7,598. Besides Oulainen, the paper appears in Haapavesi, Vihanti, Pyhäjoki, Kärsämäki and Merijärvi. Mr Teijo Mäki (47) has been appointed Editor-in-Chief for Vieskalainen, a town paper in Ylivieska, effective from November 12, 2007. Mr Mäki has been producer for Vieskalainen since March 2007. His previous positions include producer for Tori, a town paper in Tampere, joint producer for the newspapers Koillis-Häme, Vekkari and Ylä-Pirkanmaan Vekkari, editor-in-chief for Vekkari, sub-editor for Koillis-Häme and reporter for Raahen Seutu. Mr Erkki Heikkilä (50), formerly Acting Editor-in-Chief for Pyhäjokiseutu and Editor-in-Chief for Vieskalainen, will continue in the position of Business Unit Director with profit responsibility for both papers and be responsible for their advertising and circulation marketing. Vieskalainen, a member of the town paper division of Suomen Paikallissanomat, has a circulation of 10,500. More information: Kari Juutilainen, publishing director, Suomen Paikallissanomat Oy, tel. +35850 435 4159. Suomen Paikallissanomat Oy publishes 15 local newspapers and six free sheets around Finland. The company is part of Alma Media Corporation. Alma Media is a profitably growing and internationally expanding company that invests in the future of newspapers and the online media. Its best known products are Aamulehti, Iltalehti, Kauppalehti and Etuovi.com. Net sales in 2006 totaled EUR 302 million and the operating margin was 16 %. The company's share is listed in the Mid Cap segment of the OMX Nordic Exchange's Nordic List, trading code ALN1V. More information at www.almamedia.fi.


 

Final result relating to the tender offer for shares in Kemira GrowHow Oyj by Yara Nederland B.V. On 21 June 2007 Yara Nederland B.V., a wholly-owned subsidiary of Yara International ASA, launched a mandatory tender offer for all the issued shares in Kemira GrowHow Oyj(the "Tender Offer"). The tender offer period commenced at 9.30 (Finnish time) on 20 July 2007 and the extended offer period ended at 16.00 (Finnish time) on 27 September 2007. On 24 September 2007, Yara International ASA announced that the conditions for the completion of the Tender Offer had been fulfilled, and on 28 September 2007 Yara International ASA announced the preliminary result of the Tender Offer. Yara Nederland B.V.'s ownership, after the completion of the Tender Offer, increases to 97,55 percent of the shares and votes in Kemira GrowHow Oyj, excluding the shares held by Kemira GrowHow Oyj. The ownership share referred above includes the shares acquired by Yara Nederland B.V. on 24 May 2007 from the State of Finland, representing 30.05 percent of all shares and votes in Kemira GrowHow Oyj. The offer consideration shall, in accordance with the terms and conditions of the Tender offer, be paid on 9 October 2007, as estimated, and the interest accrued on the offer consideration on 11 October 2007, as estimated. As Yara Nederland B.V.'s ownership in Kemira GrowHow Oyj, after the completion of the Tender Offer, exceeds 9/10 of the shares and votes in Kemira GrowHow Oyj, Yara Nederland B.V. will initiate a redemption proceeding concerning the remaining minority shares in Kemira GrowHow Oyj in accordance with the Finnish Companies Act. Yara Nederland B.V. may also acquire more Kemira GrowHow Oyj shares from the market. Kemira GrowHow Oyj Heikki Sirviö, CEO For additional information please contact: Kemira GrowHow Oyj Kaj Friman, CFO Tel. (+358) 50 62 626 Distribution Helsinki Stock Exchange Media Kemira GrowHow Oyj is one of the leading producers of fertilisers and feed phosphates in Europe. Kemira GrowHow develops and markets fertilisers and integrated solutions for crop cultivation, animal feed supplements and chemicals required in various industries. The company has approximately 2,500 employees worldwide and in 2006 net sales were 1.2 billion euros. Kemira GrowHow Oyj is listed on the Helsinki Stock Exchange. www.kemira-growhow.com DISCLAIMER This stock exchange release must not be published, released or otherwise distributed in whole or in part in or into the United States, Canada, Japan or Australia. This stock exchange release is neither an offer to purchase nor a solicitation for an offer to sell shares, and the Tender Offer will not be made directly or indirectly in the United States, Canada, Japan or Australia or any other jurisdiction where such an offer would violate laws of that jurisdiction. This stock exchange release and tender offer will not and may not be distributed, forwarded or transmitted in any way, such as by post, fax, email or telephone, or in any other way to or from areas where it would violate the law.


 

Royal DSM N.V. has repurchased 496,500 of its own shares in the period from 1 October 2007 up to and including 3 October 2007 at an average price of EUR 39.10. This is in accordance with the first phase of the share buyback program, announced on 1 October 2007. The consideration of this repurchase was EUR 19.4 million. DSM DSM creates innovative products and services in life sciences and materials sciences, contributing to the quality of life. DSM's products and services are used globally in a wide range of markets and applications, supporting a healthier, more sustainable and enjoyable way of living. End markets include human and animal nutrition and health, personal care, pharmaceuticals, automotive, coatings and paint, electrics & electronics, life protection and housing. The company strategy, Vision 2010 - Building on Strengths, focuses on accelerating profitable and innovative growth of the company's specialties portfolio. The key drivers of this strategy are market-driven growth and innovation, an increased presence in emerging economies and operational excellence. DSM has annual sales of almost EUR 9 billion and employs some 22,000 people worldwide. The company is headquartered in the Netherlands, with locations in Europe, Asia, the Americas, Africa and Australia. More information on DSM can be found at www.dsm.com. For more information: DSM Corporate Communications DSM Investor Relations Elvira Luykx Dries Ausems tel. +31 (0) 45 tel. +31 (0) 45 5782864 5782035 fax +31 (0) 45 5782595 fax +31 (0) 45 e-mail 5740680 investor.relations@dsm.com e-mail media.relations@dsm.com


 

The distribution to shareholders for the 1st quarter 2007 (NOK 0,20 per share, approved in the Extraordinary General Meeting 21 June 2007) will be made this Friday 5 October, 2007. 5 October 2007 Deep Sea Supply Plc


 

London, 05 October 2007 - Hereunder is the announcement made today by EastPharma's subsidiary Deva Holding A.S. to (the Administration of Istanbul Stock Exchange in accordance with the Capital Markets Board's communiqué serial VIII, No:39) the Istanbul Stock Exchange: * Construction of new solid production plant restarted at Cerkezkoy site as of today * New solid production plant expected to be completed within original time frame * Cash settlement of fine leads to reduced consideration "Deva Holding A.S., ("the Company"), in which Eastpharma Ltd owns 100% A shares, 92.00% of B shares and 86.43% C shares, is pleased to announce that it has restarted the building of its new solid production plant, which was halted on July 30th, 2007. The Company also announces a rapid resolution of the administrative fine imposed on one of the sections of its production plant located in the town of Cerkezkoy by the Tekirdag Governorship Provincial Environment and Forest Directorate, as previously announced on 14 September 2007. As part of the settlement with the aforementioned Directorate, the Company has resolved all environmental legislation requirements related to the fine. By paying in cash, the Company has benefited from a 25% discount to the original fine consideration of YTL 2,700,000, reducing the net cost to the Company to YTL 2,025,000 (approx USD 1.67m). Baki Taskiran, CEO of EastPharma, said: "We are very pleased that the building of the new solid plant at Cerkezkoy has restarted and, following discussion with our building contractors, we expect a delay in the construction for this part of the new production site, however this delay will be ccompansated and we will complete the relocation within the original time frame, by the end of March 2008. The issues relating to the fine for one of the sections of the Cerkezkoy production plant took place in early 90s, and therefore well before EastPharma acquired its controlling stake in the Company in 2006. EastPharma is fully committed to best practice in fulfilling its environmental requirements and as soon as we were notified of the fine we took speedy action to address the matter. I am very pleased to announce a rapid resolution to this issue". For further information, please contact: EastPharma Limited Idil Bora - Investor Relations Tel.: + 90 (212) 6929326 ---END OF MESSAGE---


 

The 47 524 new shares subscribed with stock options 2004A in September 2007 pursuant to the stock option programme 2004 of the company have been registered in the Trade Register. Following these subscriptions, the registered share capital of the company increased by EUR 11 881 from EUR 14 564 738 to EUR 14 576 619 and the total number of authorised shares increased to 58 605 178. The new shares will be joined to the old shares and will be available for public trading on the main list of the OMX Nordic Exchange in Helsinki on October 8, 2007. The subscription period for stock options 2004A started on March 1, 2007 and will end on March 31, 2010. A total of 126 332 shares have been subscribed with stock options 2004A by September 30, 2007. The terms and conditions of stock options 2004 and further information on the stock option programme are available on the company's website www.poyry.com. PÖYRY PLC Erkki Pehu-Lehtonen President and CEO Teuvo Salminen Deputy to President and CEO Additional information by: Anne Viitala, Group General Counsel, Pöyry Plc Tel. +358 10 33 22811 www.poyry.com DISTRIBUTION: OMX Nordic Exchange Helsinki Major media


 
Hitt og þetta
5. október 2007

Group Update

LONDON, United Kingdom: Crew Gold Corporation ("Crew" or "the Company") (TSX: CRU) (OSE: CRU) (Frankfurt: KNC) (OTC-BB-Other; CRUGF.PK) today announced:- Crew Gold Corporation provides the following update on group operations for the third quarter just ended: * LEFA upgrade and rectification program progresses according to plan * LEFA Q3 production reduced due to excessive regional rainfall during the quarter * Interim reserve and resource report to be released in Q4 * Maco (Masara) mine review in progress * Maco (Masara) copper porphyry potential evaluation to be fast tracked. Ongoing discussion with possible joint venture partners * Nalunaq hits highest production rate ever in the month of September * Nugget Pond Plant continues to process tonnage above name plate capacity. LEFA During the quarter production continued at LEFA while the commissioning and upgrade of the plant progressed. The ordering of new equipment was completed and there were no significant changes to the scope nor cost of the upgrade and rectification project. A total of 3.5 million litres of heavy fuel oil (HFO) were delivered to site in the early part of the quarter in anticipation of the completion of the conversion of the power plant from diesel to HFO. The impact of the conversion should result in a reduction in the cost of power generation and an effective expansion of the fuel storage capability at site as the bulk of the diesel will then be required only for the open pit mining fleet mobile equipment. Technicians arrived on site at the end of September and the conversion is expected to be completed during the fourth quarter. Q3 is the rainy season in West Africa. This year, as reported extensively in the media, the rain fall has been the most severe recorded in many years for the region. This has had an extensive impact on the local, unsealed roads. The delivery of consumables, diesel in particular, has been hampered due to flooding and poor road conditions between Conakry and the mine. In the last week of September, mine operations were curtailed to ensure sufficient quantities of fuel were available to maintain essential services. On Thursday the 4th of October the first 13 of 43 fuel tankers on route to LEFA arrived at site. There are still some segments of the road that are in extremely poor condition, but consistent fuel supply is returning to normal as the rivers subside and the roads are repaired. Normal mine and plant operations are expected to resume over the next two days and production is expected to improve and continue building up as the pits dry out. The weather has not had any significant impact on the upgrade and rectification project. Scheduled maintenance is being performed during the slowdown in operations, as is preparation for the installation of the new equipment. The new equipment is scheduled to arrive starting in late November, as delivery issues during the rainy season were anticipated. There are no delays anticipated in delivery at this time. Moving forward into 2008, the ability to operate the power plant with HFO will effectively double the fuel storage capacity of the site. This together with a build up of the fresh ore stock pile before the 2008 wet season and onwards should assist in minimizing the impact of any future extended rainy seasons. In our last report we anticipated issuing an interim reserve and resource report prior to the end of Q3. The weather situation has caused longer lead time on most services in the region and we have just received final assay results. Calculations are now being done and the resource and reserve update will be released later this quarter. Maco Masara Mine in the Philippines has been renamed Maco Mine to recognize the entire municipality where the mining occurs rather than one particular village near the mine. As discussed in our last update on August 14, 2007 the 500 tonne per day pilot plant has continued to operate on development ore as the number of faces for production increases and mine development expands. The technical review of the mill expansion continued throughout the quarter. The design of the expansion of the tailings management facility was completed and tenders for its construction were received. The expanded tailings facility will be constructed in two phases to reduce the immediate impact on cash flow and the first phase of the facility will allow for production into late 2008. As of this date contracts have not been awarded. Tests through the pilot plant are being carried out to determine the preferred treatment process for the different grades of ore. The mine plan is undergoing a complete review which will determine the final capacity of the expansion project. Staff training has been a major focus of the past quarter. Due to the limited availability of qualified mining personnel in the area, expatriate staff has been engaged in the planning of the training programs in mining and equipment maintenance. An expatriate training manager has been appointed and training programs have commenced. A new General Manager was recruited during the quarter and started at the beginning of September. Mr. Fernando (Ferdie) Agustin was previously employed by Philex Mining Corporation, the largest Philippine-owned mining company in the country, and has over 20 years of mine site operations and management experience. Ferdie has taken on the role of VP Operations and Resident Manager and is stationed at the mine site. In addition, a new corporate administrative manager has been recruited. Mr. Deo Contreras Jr. also comes from Philex and has over 40 years of experience in the industry. Deo is based in Manila and has the role of EVP and General Counsel. The company has for some time been evaluating the copper-gold porphyry potential on the Maco property. After having been approached by a number of companies we have now commenced discussions with a limited number of major international mining companies relating to exploration and development of the copper-gold porphyry systems existing on the concession. Nalunaq/Nugget Pond Nalunaq mine performance has continued to improve with the average daily production for the month of September reaching 510 tonnes per day. This exceeds, for the first time, the target of 500 tonnes per day for an entire month. Shipping of ore to Nugget Pond continued throughout the quarter as planned. Throughput at Nugget Pond continued at between 450 and 500 tonnes per day. The production results of the combined operations were above expectations for the quarter. Q3 results including the detailed financial statements and Management's Discussion and Analysis will be released during the week of November 12th, 2007. Jan Vestrum states: "The execution of the LEFA upgrade and rectification is proceeding according to previously announced plans. All required components have been ordered and are currently anticipated to be delivered on schedule. Management continues to focus on LEFA and the development of increased reserves and resources. We believe that the completion of the upgrade and rectification at LEFA combined with the improved performance of Nalunaq and the potential at Maco will give Crew a strong base for future growth" Jan A Vestrum President & CEO Safe Harbour Statement This news release contains forward-looking statements which reflect the expectations of management and the board of directors, and are made pursuant to applicable and relevant national legislation (including the Safe-Harbour provisions of the United States Private Securities Litigation Reform Act of 1995) in countries where Crew Gold Corporation is conducting business and/or investor relations. Forward looking statements typically contain words such as "believes", "anticipates", "continue", "could", "expects", "indicates", "plans", "will", "may", "projects", "would" or similar expressions suggesting future outcomes or events, although not all forward-looking statements contain these identifying words. Such forward-looking statements reflect the current beliefs of management and the board of directors based on information currently available to them. Forward-looking statements involve inherent risks and uncertainties, and Crew cautions readers not to place undue reliance on these statements as a number of important factors could cause Crew's actual results to differ materially from the beliefs and expectations expressed in such forward-looking statements. Factors that could cause actual results to differ materially from the results discussed in the forward-looking statements, include, but are not limited to, the factors discussed under the heading "Risks and Uncertainties" in Crew's Annual Information Form dated April 2, 2007, as filed on SEDAR at www.sedar.com. Although the forward-looking statements contained in this news release are based upon what management and the board of directors believes to be current and reasonable assumptions, Crew cannot assure readers that actual results will be consistent with these forward-looking statements. The forward-looking statements contained herein are made as of the date of this news release and are expressly qualified in their entirety by this cautionary statement. Crew undertakes no obligation to publicly update or revise these forward-looking statements to reflect subsequent events or circumstances. Cautionary Note to US Investors - The United States Securities and Exchange Commission permits US mining companies, in their filings with the SEC, to disclose only those mineral deposits that a company can economically and legally extract or produce. We use certain terms on this website (or press release), such as "measured", "indicated", and "inferred" "resources", which the SEC guidelines strictly prohibit US registered companies from including in their filings with the SEC. US Investors are urged to consider closely the disclosure from the SEC's website at http://www.sec.gov/edgar.shtml. --- End of Message --- Crew Gold Corporation Abbey House, Wellington Way, Weybridge Surrey United Kingdom WKN: 226534105 ; ISIN: CA2265301036; ;


 

Oberkirch, October 5, 2007 - Progress-Werk Oberkirch AG has been presented with the coveted Automotive Lean Production Award within the "Domestic SME" category. The award is the brainchild of Agamus Consult, a company within the Otto Wolf von Amerongen Group, and one of Germany's leading automotive journals "AUTOMOBIL-PRODUKTION". The Automotive Lean Production Award testifies to PWO's best-in-class manufacturing efficiency at its Oberkirch plant, thus placing the company among the elite group of automotive suppliers in Europe. The award is seen as a significant benchmark when it comes to assessing the overall efficiency of structures and processes introduced within the European automobile sector as well as the industry's ability to drive improvements on a continual basis. It takes much of its inspiration from the well-known Toyota Production System, which is considered a paradigm for companies to aspire to in terms of cost and quality leadership and continuous improvement. As part of a detailed analysis covering four levels, the panel evaluates the consistency and success with which companies apply lean manufacturing components and principles of the Toyota Production System. At the same time, it assesses the degree to which the "lean philosophy" has been embraced by management and staff. Finally, the effects of these measures are assessed with regard to efficiency, avoidance of waste and continuous streamlining of cost structures. Karl M. Schmidhuber, Chairman of PWO's Management Board, was elated at having been honoured in this way: "We have implemented far-reaching changes throughout our value chain in recent years, the prime objective being to make our processes more efficient, cost-effective and stable. There was little doubt in our minds that we would be able to further strengthen the solid position already held by PWO as an automotive supplier. We are particularly proud of the fact that our Oberkirch site in Germany is now recognised as one of the leanest production plants within our industry. It goes without saying that we shall continue to pursue our lean philosophy with the same vigour and commitment." Dr. Winfried Blümel, the Board member responsible for production and materials management, was particularly delighted by PWO's strong performance in all areas covered by the award. "This is a clear tribute to the well-judged concept of incorporating all areas of our company within the PWO Production System. We would like to express our gratitude to all members of staff, who spearheaded a number of changes as part of a highly creative approach and displayed exceptional commitment in implementing them." Progress-Werk Oberkirch AG The Management Board Contact: Bernd Bartmann Phone : +49 (0) 7802 / 84-347 Fax : +49 (0) 7802 / 84-789 E-mail : bernd.bartmann@progress-werk.de --- End of Message --- Progress-Werk Oberkirch AG Industriestrasse 8 Oberkirch WKN: 696800; ISIN: DE0006968001; Index: CLASSIC All Share, Prime All Share, CDAX; Listed: Amtlicher Markt in Frankfurter Wertpapierbörse, Prime Standard in Frankfurter Wertpapierbörse, Freiverkehr in Börse Berlin, Freiverkehr in Bayerische Börse München, Freiverkehr in Börse Düsseldorf, Amtlicher Markt in Börse Stuttgart, Freiverkehr in Hanseatische Wertpapierbörse zu Hamburg, Freiverkehr in Niedersächsische Börse zu Hannover;


 

The merger of the UBF Media Group (Hilversum, Netherlands) and EuroMedia Télévision (Paris, France), which was announced in February 2007, has been completed with the creation of the new "Euro Media Group". The shareholders of UBF Media Group (UBF) have contributed 100% of the capital of UBF into Euro Media Télévision, allowing the creation of the new "Euro Media Group (EMG)". EMG will be one of the largest Television and Film service providers in Europe, offering Studios, Post Production and Outside Broadcast Facilities, with 1,300 employees and an estimated turnover of approximately ¤ 300 mio. EMG will combine its strength of local brands, such as Videohouse (B), United Broadcast Facilities (NL), Cinevideogroup (NL), Nobeo (G), CTV Outside Broadcast (UK), Euro Media Télévision (F), VCF (F), Société Française de Production - SFP (F), Tatou (F) and Livetools Technology (CH) with the advantages of a groupe of European size. Henceforth, EMG can offer to its clients 78 studios, a fleet of 45 mobile Outside Broadcast trucks of which 16 are HD, 93 postproduction units and 114 ENG Units EMG comprises ¤ 150 mio equity with a net financial debt of about ¤ 55 mio and should realise an EBITDA (pro forma 2007) of approximately ¤ 50 mio. EMG has the ambition and means to be an important player in the development and consolidation of the European facilicties market. EMG will have its headquarters in Bry-sur-Marne (France) and will be managed by a management team, composed of Jean-Pierre Barry (Chairman of management team, CEO), Gaston Van De Poel (CFO), Barry Johnstone (COO) and Luc Geoffroy (CTO). The management teams of the subsidiaries will keep their positions and will be involved in the development of EMG. As compensation for their contribution, the former UBF-shareholders will acquire 46% of the capital of EMG. The shareholdership is structured as follows: Barry & Co Media 32% Bolloré 22% Sofinim (Ackermans & van Haaren) 22% Allianz Capital Partners 22% Others 2% The main shareholders of UBF and Euro Media Télévision have reinforced their respective participation, as a sign of their support and confidence in the future of EMG. They will each have 2 representatives in the Supervisory Board of EMG, which will consist of 8 members. Sofinim became a 15.7% shareholder of UBF in 2001. At that time, the company realised a turnover of ¤ 33 mio and was only active in The Netherlands. Since 2001, Sofinim has stimulated the company's managment to play an active role in the consolidation of the sector and has supported at serveral occasions the company's development. In 2006, UBF realised a net profit of ¤ 3.6 mio on a turnover of ¤ 143 mio. The contribution of UBF shares into EMG result in a capital gain of about ¤15 mio in the consolidated accounts of Ackermans & van Haaren, which corresponds with a IRR of 25% For further information please contact: EMG : Jean-Pierre Barry - CEO , +33/1.49.83.38.88 Ackermans & van Haaren: Tom Bamelis - Member of the Executive Comm., +32/3.897.92.42 Bolloré : Michel Calzaroni +33/1.40.70.11.89 Allianz Capital Partners : Petra Kruell - Group Communications +49/89/38.00.26.28 Ackermans & van Haaren is a diversified group active in 4 key sectors: dredging, environmental and construction services (DEME, one of the largest dredging companies in the world - Algemene Aannemingen Van Laere, a leading contractor in Belgium), Real Estate and related services (Leasinvest Real Estate, a listed real-estate investment trust with real estate assets of approximately ¤ 450 million - Extensa, an important land and real estate developer focused on Belgium and Luxemburg), private banking (Bank Delen, one of the largest independent private asset managers in Belgium - Bank J.Van Breda & C°, niche bank for entrepreneurs and liberal professions) and private equity (Sofinim, one of the largest private equity providers in Belgium, and GIB). The group concentrates on a limited number of strategic participations with an important potential for growth. Market capitalisation of AvH is approximately ¤ 2.2 billion. Since March 2nd 2007, the AvH share has been included in the reference index BEL20 of Euronext Brussels. All press releases issued by AvH and its most important group companies as well as the 'Investor Presentation' can also be consulted on the AvH website: www.avh.be.


 

Notice is given to the shareholders of Kemira GrowHow Oyj of the Extraordinary General Meeting of Shareholders to be held on Monday, October 22, 2007 at 2:00 p.m. at Radisson SAS Seaside Hotel, Ruoholahdenranta 3, Helsinki, Finland. Registration of the persons who have given prior notice of attendance and distribution of voting tickets will commence at 1:00 p.m. Coffee will be served after the Meeting. The Meeting will resolve on the following matters: 1. Amendment of the Articles of Association The Board of Directors has decided to propose to the Extraordinary General Meeting of Shareholders based on the proposal of Yara Nederland BV, that the Extraordinary General Meeting of Shareholders amend the following articles of the Articles of Association as follows: 7 § "The Board of Directors, which is elected by the General Meeting of Shareholders, shall be composed of three members. The General Meeting of Shareholders shall elect one member as a chairman. The term of office of the members of the Board of Directors ends at the conclusion of the next Annual General Meeting of Shareholders following their election. A person who has reached the age of 68 may not be elected as a member of the Board of Directors." 18 § subparagraph 7 "the remuneration to be paid to the chairman and members the Board of Directors, as well as the auditors' fees." 18 § subparagraph 8 "the number of the Company auditors." 18 § subparagraph 9 "the chairman of the Board of Directors and the other members of the Board of Directors in the manner specified in Article 7; as well as" 2. Resigning of the Board of Directors The current Board of Directors has informed that it will resign at the Extraordinary General Meeting of Shareholders on October 22, 2007. 3. Resolution on the Discharge from Liability of the Members of the Board of Directors Yara Nederland BV proposes to the Extraordinary General Meeting of Shareholders, that the current resigning Board of Directors will be discharged from liability regarding the current financial year. 4. Election of the Members of the Board of Directors Yara Nederland BV proposes to the Extraordinary General Meeting of Shareholders, that Thorleif Enger, Norwegian citizen and Chief Executive Officer of Yara International ASA to be elected as Chairman of the Board of Directors, Sven Ombudstvedt, Norwegian citizen and Chief Financial Officer of Yara International ASA to be elected as member of the Board of Directors and Ken Wallace, citizen of the United States of America and Chief Legal Counsel of Yara International ASA to be elected as member of the Board of Directors. 5. Documents for Review The proposal of the Board of Directors is available in its entirety on Kemira GrowHow's internet pages at www.kemira-growhow.com. The aforementioned proposal of the Board of Directors to amend the Articles of Association will be available for review by the shareholders as of Monday, October 15, 2007 at the Company's head office at Mechelininkatu 1a, Helsinki, Finland. As of the aforementioned date, the Company will send copy of this document to shareholders upon request. Right to Attend the Extraordinary General Meeting of Shareholders The right to attend the Extraordinary General Meeting of Shareholders is vested in a shareholder who is registered on Friday, October 12, 2007, being the record date, in the Company's shareholder register maintained by the Finnish Central Securities Depository Ltd. Prior Notice to Attend the Extraordinary General Meeting of Shareholders A shareholder who has the right to attend the Extraordinary General Meeting of Shareholders as set forth above and who wishes to attend the Extraordinary General Meeting of Shareholders must give prior notice of attendance to the Company by Wednesday, October 17, 2007 at 4:00 p.m. at the latest: - by letter to Kemira GrowHow Oyj, attn. Marjatta Aarnio, P.O. Box 900, 00181 Helsinki, Finland, or - by fax to +358 10 215 2126 (Kemira GrowHow Oyj, attn. Marjatta Aarnio), or - by telephone to +358 10 215 2560 (Marjatta Aarnio) at 9 a.m. - 11 a.m. and 1 p.m. - 3 p.m., or - through the internet pages at www.kemira-growhow.com. In case a shareholder gives prior notice of attendance to the Company by letter, such letter must be received by the Company before the expiration of the aforementioned period for notice of attendance. Possible proxies for representation of a shareholder at the meeting are requested to be delivered to the Company within the aforementioned period for notice of attendance. Referring to the Recommendation for corporate governance of listed companies (Corporate Governance) the Board of Directors acknowledges that Yara Nederland BV has acquired 30.05 % of the shares of the Company from the State of Finland on 24th May 2007 and that in addition to the aforementioned 30.05 % it has acquired approximately 67.4 % of the Company's shares through the mandatory tender offer which ended on 27 September 2007. Yara International ASA has received clearance from the European Commission on 21 September 2007 to acquire the Company's shares and thus upon completion of the mandatory public tender offer Yara Nederland BV owns approximately 97.45 % of shares and votes of the Company. Yara Nederland BV has announced that it will initiate redemption proceedings in accordance with the Chapter 18, Section 1 of the Finnish Companies Act for the remainder of the shares. Upon completion of the redemption proceedings Yara Nederland BV will own 100 % of the Company's shares. Based on the aforementioned Yara Nederland BV considers that it is justifiable to deviate from the following recommendations of the Recommendation for corporate governance of listed companies 1. Number of the Members of the Board of Directors According to the recommendation the Board of Directors shall consist of at least five members. Yara Nederland BV considers, taking into account its ownership in the Company and the fact that after the forthcoming redemption proceedings have been completed it will own 100% of the Company's shares, appropriate that the Board of Directors consists of three members only. 2. Independence of the Members of the Board of Directors Upon completion of the mandatory public tender offer on 9 October 2007 the Company will be subsidiary of Yara Nederland BV and thus it is appropriate that the Board of Directors consists of members of Yara's top management. Helsinki, 5 October 2007 Kemira GrowHow Oyj Board of Directors For additional information please contact: Ritva Sipilä IR Manager tel. +358 50 511 4046 Distribution: Helsinki Stock Exchange Media Kemira GrowHow Oyj is one of the leading producers of fertiliser and feed phosphates in Europe. Kemira GrowHow develops and markets fertilisers and integrated solutions for crop cultivation, animal feed supplements and chemicals required in various industries. The company has approximately 2,500 employees worldwide and in 2006 net sales were 1.2 billion euros. Kemira GrowHow Oyj is listed on the Helsinki Stock Exchange.


 

ANNUAL GENERAL MEETING 24 October 2007 at 15:00 hours The Royal Library 1 Søren Kierkegaards Plads DK-1221 Copenhagen K Agenda 1 Report by the Board of Directors on the activities of the Company 2 Presentation of the annual report for the period 1 July 2006 - 30 June 2007 endorsed by the auditors and approval of the annual report 3 Resolution as to the appropriation of the profits, including the declaration of dividends, or provision for losses in accordance with the adopted annual report The Board proposes to distribute a dividend of DKK 4.00 per share ranking for dividend 4 Election of members to the Board of Directors Leif Juul Jørgensen does not accept renomination. The Board of Directors proposes re- election of the remaining Board. 5 Appointment of auditors The Board of Directors proposes that Deloitte Statsautoriseret Revisionsaktieselskab be reap- pointed 6 Authority to the Board of Directors to acquire for the Company up to 10% of the Company's shares during the period until the next Annual General Meeting at market price +/- 10%. 7 Capital reduction - Amendment of article 4 of the Articles of Association: The Board of Directors proposes that the share capital be reduced by DKK 5,859,250 nominal value from nominal DKK 185,055,570 to nominal DKK 179,196,320 equivalent to the number of shares repurchased under the share buyback programmes carried out from 24 November 2006 to 29 June 2007. 8 New authorized registrar - Amendment of article 5 of the Articles of Association: The Board of Directors proposes that article 5 of the Articles of Association be amended so that Aktiebog Danmark A/S, Kongevejen 118, 2840 Holte is entered as the authorized regis- trar of the Company's shares. 9 General authorisation of the Board of Directors to make an extraordinary dividend payment - New stipulation adopted as article 6B in the Articles of Association. The Board of Directors proposes that the Board of Directors be authorized to distribute an extraordinary dividend pursuant to article 109a of the (Danish) Companies Act, and that a new stipulation, 6B, be adopted in the Articles of Association. 10 General guidelines for incentive-based compensation of the Executive Board - New stipulation to be adopted as article 24, section 5 of the Articles of Association: The Board of Directors proposes that "Guidelines for incentive-based compensation of the Executive Board" be approved and that a new stipulation, article 24, section 5, be hereon adopted in the Articles of Association. 11 Any other business The agenda with the complete resolutions and the audited financial statements will be avail- able for inspection by shareholders at the offices of the Company from eight days before the Annual General Meeting. Admission cards for the Annual General Meeting may be obtained online at www.iccompanys.com, Investor Relations. Code to online order has been sent by post. Admission cards may also be obtained by contacting Aktiebog Danmark A/S by phone +45 4358 8866 or fax +45 4358 8867 not later than Friday 19 October 2007 at 15:00 hours. The Company's share capital amounts to DKK 185,055,570 divided into shares of DKK 10. At the Annual General Meeting, each shareholding of DKK 10 entitles the holder to one vote. A shareholder who has acquired shares by transfer is not entitled to exercise his voting rights for the shares concerned at Annual General Meetings that have been announced before the shareholding has been registered in the Company's Register of Shareholders or before the shareholder has given notice of and documented his share acquisition. The shareholding acquired is, however, considered represented at the Annual General Meeting notwithstanding that the voting right cannot be exercised, provided that the shares prior to the Annual General Meeting have been registered into the Company's Register of Shareholders, or that the shareholder has given notice of and documented his share acquisition. The account holding bank of the Company is Danske Bank. 5 October 2007 The Board of Directors IC Companys A/S Company registration no. (CVR) 62 81 64 14 This announcement is a translation from the Danish language. In the event of any discrepancy between the Danish and English versions, the Danish version shall prevail


 

WALTHAM, MA - October 4, 2007--OXiGENE, Inc. (NASDAQ: OXGN) (XSSE: OXGN), a clinical-stage, biopharmaceutical company developing novel therapeutics to treat cancer and eye diseases, announced today that OXiGENE President and CEO, Dr. Richard Chin, will present at the BIO Investor Forum at the Palace Hotel in San Francisco on Thursday, October 11, at 10:00 a.m. PDT / 1:00 p.m. EDT. A live and archived webcast of the presentation will be accessible via the Company's website at www.oxigene.com under the Investor Center / Presentations & Conference Calls section. About OXiGENE, Inc. OXiGENE is a clinical-stage biopharmaceutical company developing novel therapeutics to treat cancer and eye diseases. The Company's major focus is developing vascular disrupting agents (VDAs) that selectively disrupt abnormal blood vessels associated with solid tumor progression and visual impairment. OXiGENE is dedicated to leveraging its intellectual property position and therapeutic development expertise to bring life-extending and -enhancing medicines to patients. Investor and Media Contact: Shari Annes, Investor Relations sannes@oxigene.com 650-888-0902 -- # # # --


 

Brussels, Belgium, October 4, 2007 at 11:00 PM (CET) - UCB today announced that it has reached agreement with each of Mylan Laboratories and Mylan Pharmaceuticals (Mylan), Dr. Reddy's Laboratories (Dr Reddy's) and Cobalt Pharmaceuticals (Cobalt) to settle pending patent infringement lawsuits in the U.S. District Court for the Northern District of Georgia. These consolidated lawsuits involve the patent (the '639 patent) for levetiracetam, the active ingredient in UCB's anti-epilepsy product, Keppra®. Under the terms of the settlement agreement with Mylan, and subject to its receiving FDA approval, Mylan will be allowed to sell its generic levetiracetam tablets effective November 1, 2008, in advance of the anticipated expiry of UCB's market exclusivity on January 14, 2009 (subject to grant of paediatric exclusivity under the '639 patent). The parties have agreed to maintain as confidential the remaining terms of the Mylan settlement agreement and those with Dr. Reddy's and Cobalt. The settlement arrangements are subject to mandated review by the US anti trust authorities. This settlement of the lawsuits in a mutually beneficial manner was achieved following a mediation process at the encouragement of the Court and will enable the parties to focus their efforts on the conduct of their respective businesses. Further information Antje Witte, Vice-President Corporate Communications & Investor Relations, UCB Group T +32.2.559.9414, Antje.witte@ucb-group.com About UCB UCB, Brussels, Belgium (www.ucb-group.com) is a global leader in the biopharmaceutical industry dedicated to the research, development and commercialisation of innovative pharmaceutical and biotechnology products in the fields of central nervous system disorders, allergy/respiratory diseases, immune and inflammatory disorders and oncology - UCB focuses on securing a leading position in severe disease categories. Employing more than 10,000 people in over 40 countries, UCB achieved revenue of 3.5 billion euro in 2006 on a pro forma basis. UCB is listed on the Euronext Brussels Exchange. Disclaimer This press release contains forward-looking statements based on current plans, estimates and beliefs of management. Such statements are subject to risks and uncertainties that may cause actual results to be materially different from those that may be implied by such forward-looking statements contained in this press release. Important factors that could result in such differences include: changes in general economic, business and competitive conditions, effects of future judicial decisions, changes in regulation, exchange rate fluctuations and hiring and retention of its employees. For the pdf-version of this press release, please click on the link below:


 

- Base Case" Scenario Shows Projected Cash Operating Costs of US$55.51 Per Pound - New "Indicated Resource" of 6.39-Million Pounds U3O8 Plus Increased "Inferred Resource" of 36.15-Million Pounds U3O8 - Work Program Underway to Advance Project to Licensing and Feasibility Stages TORONTO, ONTARIO--(Marketwire - October 04, 2007) - Toronto - Pele Mountain Resources Inc. (TSX VENTURE: GEM) ("Pele" or the "Company") announced today that it has received a positive scoping study (the "Scoping Study") authored by Scott Wilson Roscoe Postle Associates ("Scott Wilson RPA") for its 100-percent owned Elliot Lake Uranium Project in Northern Ontario. The Scoping Study provides the basis for an economically-viable, environmentally-compliant uranium mining and processing facility at Elliot Lake.(1) Project Lead, Fergus Kerr, P.Eng., former General Manager of the Denison uranium mine in Elliot Lake, stated: "Work to-date suggests that Pele has a viable uranium deposit at Elliot Lake. We continue building a technical team with the skills and expertise to advance the project through licensing and feasibility toward development and production while providing a model for excellence in mining, processing, and environmental management." The Scoping Study focused on U3O8 mineralization in the Main Conglomerate Bed ("MCB") that lies within the Adit Block. The Adit Block is a 600 by 800-metre area of near-surface and relatively higher-grade mineralization that presents a favourable location for initial mining. The MCB lies about 10 to 15 metres above the basement rocks and extends across a strike length of 6,000 metres, and a dip length of at least 3,800 metres, all within the Pele property. All stated resources at Elliot Lake are hosted within the MCB. The Scoping Study presents a base case mining and processing scenario that includes less than half of Pele's known uranium resources and which retains significant upside potential in many of its parameters. Highlights of the Scoping Study include: - An 18-year mine life, producing 826,000 pounds of U3O8 annually at a cash operating cost of US$55.51 per pound. - Initial capital costs of C$195-million (which includes a contingency of C$28.5-million); and C$63-million in sustaining capital costs over the life of the mine, which includes C$31-million for decommissioning. - An innovative mining and processing plan comprised of 40-percent conventional mining and acid-leaching, and 60-percent underground bioleaching. - Projected recoveries of 90-percent from acid-leaching and 70-percent from bioleaching. - An updated NI 43-101 mineral resource estimate that includes 6.39 million pounds U3O8 (grading 0.051-percent) classified as "indicated" and 36.15 million pounds U3O8 (grading 0.044-percent) classified as "inferred". - Several potential opportunities for improved economics, including increased production rates, better recoveries, development of higher-grade ore zones, and significantly increased mineral resources and/or "blue sky" from continued exploration of the Basal Conglomerate Bed ("BCB") and study of Rare Earth Oxide ("REO") recoverability and marketing. - A base case pre-tax Net Present Value ("NPV") of $C41.0-million at a 10-percent discount rate. The pre-tax NPV increases to C$147.7-million at a 5-percent discount rate and the undiscounted pre-tax NPV of the project is C$363.4-million. - A base case pre-tax Internal Rate of Return ("IRR") of 13-percent, assuming an "all equity" funding scenario for the initial capital costs of the project. The pre-tax IRR for the base case increases to 22-percent for a scenario that includes 75-percent debt financing (at 8-percent interest over 15 years). The mining and processing methods selected in the Scoping Study are an advancement over those used historically at Elliot Lake. The proposed scenario will produce 3,214 tons per day (tpd), averaging 0.045-percent U3O8. Approximately 40-percent (1,260 tpd) of production will be broken by drifting and transported to surface by trucks to a conventional acid-leach plant. The remaining 60-percent (1,954 tpd) will be broken by horizontal long-hole slashing and left underground for extraction by a bioleaching process first implemented on a commercial scale by Denison Mines at its Elliot Lake operations in the 1980s. Waste from bioleaching will remain underground, while above ground tailings and waste water will be contained using proven best practices from modern-era waste management at Elliot Lake. The updated NI 43-101 compliant mineral resource estimate at Elliot Lake is as follows: Elliot Lake Mineral Resource Estimate ---------------------------------------------------------- Tonnes U3O8 U3O8 Classification (million) (%) (million lbs) ---------------------------------------------------------- Indicated 5.681 0.051 6.387 ---------------------------------------------------------- Inferred 37.262 0.044 36.145 ---------------------------------------------------------- The mineral resource was estimated using a cut-off grade of 0.03-percent U3O8 and a uranium price of US$55 per pound U3O8, at a C$/US$ exchange rate of 1:0.9. The Elliot Lake deposit extends down-plunge and to the east beyond the boundaries of the resource. Based on historical wide-spaced drilling, Scott Wilson RPA estimates that these areas could contain an additional 35 to 40 million tonnes grading from 0.04 to 0.05-percent as a potential mineral deposit.(2) The Scoping Study highlights several potential opportunities to improve project economics from the base case scenario, including the following: - Further optimization of the mine design and mining schedule may result in reduced operating costs and/or increased production rates. - Future test work may demonstrate that uranium recoveries from conventional acid-leaching can increase from 90 to 95-percent by adjusting reagent and fuel consumption. - Additional drilling may expand higher grade zones beyond the Adit Zone, particularly in areas adjacent to the flanks of a topographic high in the basement rocks (as explained in Pele's press release dated September 19). - The projected mine life may be extended with further in-fill drilling in areas that contain inferred mineral resources and potential mineral deposits. The Scoping Study base case scenario includes less than one-half of the known resources and less than one-quarter of the area where drilling has intersected the MCB. - Additional, higher-grade mineralization may be contained within secondary mineralization hosted within the BCB at or near the Unconformity between the basement rocks and the overlying sediments, an excellent exploration target with significant "blue sky" potential. - The recovery of Rare Earth Oxides as by-products may provide substantial economic benefit, either through sale as a crude concentrate product similar to that marketed by Denison Mines in prior Elliot Lake camp operations or as upgraded products that capture a greater share of the value chain. The Scoping Study includes a recommended work program to advance the project to the licensing and feasibility stages. The recommendations include: - Additional studies designed to optimize production rates, production grade, and mining schedule. - Larger-scale sampling and leach testing to provide further detail on recoveries and to assist with the processing plant design. - In-fill drilling to provide additional detail within the area of inferred resources and to investigate areas adjacent to the flanks of a topographic high in the basement rocks east of the Adit Zone for additional higher-grade mineralization. - Updating the block model with the most recent drill results, along with new results as they are received. - Exploration of the BCB for higher-grade remobilized uranium with geophysics and drilling. An airborne electromagnetic survey will be flown to identify conductors that may act as suitable reductants and traps for localizing such higher grade uranium deposition. - Continue ongoing baseline environmental and site characterization surveys. - Continue ongoing site selection studies for the tailings pond location. The budget for the work program outlined above is $3.6-million. The Company has initiated preparations to deliver a Letter of Intent to apply to the Canadian Nuclear Safety Commission ("CNSC") for licensing a uranium mine at the project. The Letter of Intent will enable the CNSC to more effectively provide guidance to Pele on the preparation for the Environmental Assessment and the licensing application process. Discussions with the CNSC will enable Pele to determine the balance of the feasibility program and to estimate its associated costs. Base case parameters in the Scoping Study assume a constant U3O8 price of US$95 per pound, being the "Long-Term Base Price" of U3O8 as quoted in Trade-Tech's "Nuclear Market Review" (September 30, 2007), and an exchange rate of C$1.00 to US$0.90. Even as the U3O8 spot price has shown great volatility in 2007, this "Long-Term Base Price" has remained unchanged since April. The vast majority of U3O8 transactions occur in the long-term market. Using the base case scenario presented in the Scoping Study, with a fixed U3O8 price of US$95 per pound and initial capital costs funded with all-equity cash advances, the project has an attractive IRR of 13-percent. However, at incrementally higher U3O8 prices, significantly higher rates of return are achievable. For example, at a U3O8 price of US$115 per pound the IRR increases to 21-percent, and at US$135 per pound the IRR increases to 28-percent. (These IRR figures are significantly higher when a partial debt financing is considered.) This illustrates the explosive leverage of the project to the uranium price. Pele President and CEO Al Shefsky stated, "The Scoping Study provides the road map to advance our project to the licensing and feasibility stages and supports our ultimate objective of developing a new uranium mine at Elliot Lake. Global demand for nuclear power is surging as governments seek to reduce greenhouse gas emissions, underpinning the uranium market with a strong fundamental long-term outlook. As an established mining camp with excellent infrastructure, well-understood geology, and a politically-stable and mining-friendly jurisdiction, Elliot Lake is an ideal location for the development of a secure and reliable long-term uranium supply." Mr. Shefsky continued, "Our deposit is world-class in size, with room for significant expansion, and the base case scenario presented in this Scoping Study includes only a fraction of it. The project economics for this relatively conservative forecast are extremely sensitive to the uranium price as well as other operational and financial metrics. As believers in both Elliot Lake and in the future of nuclear power, we are pleased to offer investors 'Superior Leverage to Uranium' unlike any other opportunity in the marketplace today." The technical aspects of the Scoping Study in this press release have been reviewed and approved by Lawrence B. Cochrane, Ph.D., P. Eng. of Scott Wilson RPA, a "Qualified Person" under NI 43-101. About Pele Mountain Resources Pele Mountain Resources is a Canadian energy and mineral exploration company focused on advancing its 100-percent owned Elliot Lake Uranium Project toward objectives of development and production. The project has a positive Scoping Study and hosts a NI 43-101 compliant "indicated resource" of 6.39 million pounds of U3O8 (5.68 million tonnes grading 0.051-percent U3O8) and an "inferred resource" of 36.15 million pounds U3O8 (37.26 tonnes grading 0.044-percent U3O8) with the potential for significant upgrade and expansion. Elliot Lake was once known as "the uranium capital of the world" and has produced more than 270 million pounds of U3O8 from vast, stratigraphically-bound deposits. Pele also holds a diverse portfolio of gold, diamond, and base metal projects located across Northern Ontario. Through project generation, strategic partnerships, and mineral discovery, Pele provides shareholders with exposure and leverage to the growing global demand for natural resources. Pele stock is listed on the TSX Venture Exchange under the symbol "GEM". For further information please contact Al Shefsky, President, at (416) 368-7224, or visit the Pele website at www.pelemountain.com. (1.) The Preliminary Assessment is preliminary in nature and includes both indicated and inferred mineral resources. Inferred mineral resources are considered too speculative geologically to have the economic considerations applied to them that would enable them to be categorized as mineral reserves. There is no certainty that the preliminary assessment will be realized. (2.) The potential quantity and grade of the potential mineral deposit are conceptual in nature and there has been insufficient exploration to define a mineral resource and it is uncertain if further exploration will result in the targets being delineated as a mineral resource. Some of the statements contained in this release are forward-looking statements, such as estimates and statements that describe Pele's future plans, objectives or goals, including words to the effect that Pele or management expects a stated condition or result to occur. Since forward-looking statements address future events and conditions, by their very nature, they involve inherent risks and uncertainties. Actual results in each case could differ materially from those currently anticipated in such statements. The economic viability of the 43-101 mineral resource at Pele's Elliot Lake Project has not yet been demonstrated by a preliminary feasibility study. Common Shares Outstanding: 72,071,310 The TSX-V has not reviewed and does not accept responsibility for the adequacy or accuracy of this release. Contacts: Pele Mountain Resources Inc. Al Shefsky President (416) 368-7224 Website: www.pelemountain.com


 

Eivind Reiten has today informed the corporate assembly that he is stepping down as chair in StatoilHydro ASA with immediate effect. The deputy chair Marit Arnstad will take over as acting chair, also with immediate effect. Ms Arnstad will remain deputy chair until the corporate assembly can elect a new director of the board and a new chair of the board. In a stock market announcement from Norsk Hydro ASA, it is stated that ,"The investigations so far indicate that Hydro may have had more extensive contact, and made more active use of the consultancy firm in question, than has previously emerged. " Out of consideration for StatoilHydro ASA, Mr Reiten has decided to step down as chair of the board, after thorough assessment. The review of matters relating to Hydro's oil and energy activities in Libya initiated by StatoilHydro's chief executive officer Helge Lund, will be implemented as planned. Contact persons: Media: Ola Morten Aanestad, informasjonsdirektør: + 47 48 08 02 12 (mobil), +47 51 99 13 77 (kontor) Investor Relations: Lars Troen Sørensen, direktør IR: + 47 90 64 91 44 (mobil), +47 51 99 77 90 (kontor) Geir Bjørnstad, vice president for investor relations in USA: +1 (203) 978 69 50 (mobile)


 

HOUSTON, TX -- (MARKET WIRE) -- 10/04/07 -- MicroMed Cardiovascular, Inc. (OTCBB: MMCV) announced today that on Tuesday, October 2, 2007, doctors at the world famous Bakoulev Centre for Cardiovascular Surgery in Moscow, Russia successfully implanted the pediatric version of the DeBakey VAD(R) in a 17-year-old boy suffering from viral cardiomyopathy. Academician Professor Leo A. Bockeria stated, "The DeBakey VAD(R) is small and quiet and it immediately improved the patient's perfusion; it will greatly enhance his ability to survive and thrive." Also in the surgery was Professor Konstantin V. Shatalov who stated that "the implant was quite straightforward and the patient was extubated within two hours of the surgery. I am greatly encouraged by the results for our patients." "The staff at the Bakoulev Centre is excellent; I expect them to have great success with the device," said Dr. George Noon, of Baylor College of Medicine, who attended the implant. This implant marks the first MicroMed DeBakey VAD(R) in the Russian market. "It is exciting to open this new market and provide our unique, life-saving technology to those adult and pediatric patients who can truly benefit from its use," said Robert Benkowski, CEO of MicroMed. The DeBakey VAD(R) provides an excellent therapy option for patients who are too sick to survive until a donor heart can be found or don't qualify for a donor heart. About MicroMed Cardiovascular, Inc. The DeBakey VAD(R) is a very small ventricular assist device (VAD) which was jointly developed by the famed heart surgeon Dr. Michael E. DeBakey, Dr. George Noon, and the National Aeronautics and Space Administration (NASA). The DeBakey VAD(R) is an implantable axial flow device designed to provide long term, improved quality of life for patients who suffer from severe heart failure. It is the only device that provides accurate, real-time flow measurement improving the clinicians' patient care. It is CE-Mark approved in Europe for Bridge-to-Transplant (BTT), Destination Therapy (DT), and pediatric use with the DeBakey VAD(R) Child. The DeBakey VAD(R) is undergoing an IDE BTT clinical study in the U.S. and the DeBakey VAD(R) Child is the only FDA approved (HDE) pediatric ventricular assist device. MicroMed Cardiovascular, Inc. trades on the over the counter bulletin board under the trading symbol MMCV. Forward-looking statements in this release regarding MicroMed Cardiovascular, Inc. are made pursuant to the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including, without limitation, continued acceptance of the company's products, increased levels of competition, new products and technological changes, the company's dependence upon third-party suppliers, intellectual property rights and other risks detailed from time to time in the company's periodic reports filed with the Securities and Exchange Commission. Contact: Allison K. Wehner Marketing and Corporate Communications Coordinator Phone: (713) 580-8270 Fax: (713) 838-9214 awehner@micromedcv.com


 

LONDON--(Marketwire - October 04, 2007) - GFI Software, an international developer of network security, content security and messaging software, today announced the launch of a new version of its leading fax server solution GFI FAXmaker. Version 14 now integrates with Microsoft Exchange 2007 as well as with the Brooktrout SR140 Fax over IP (FoIP) solution, and offers support for 64-bit Microsoft operation systems (OS) and VISTA. GFI FAXmaker is a cost-effective solution which minimizes the need for manual faxing by using the existing email infrastructure to send and receive faxes. GFI FAXmaker for Exchange/SMTP makes sending and receiving faxes an efficient, simple and cheaper process -- as simple and as beneficial as sending and receiving emails. GFI FAXmaker solves the problems associated with manual faxing such as having to wait until the fax is sent through if the line is busy, time wasted printing out faxes and going to the fax machine, and the fact that all incoming faxes are received on single or multiple faxes and not sent directly to a specific individual. This easy-to-install and configure fax server solution integrates with Microsoft Exchange thereby allowing employees to receive and send faxes directly from their email client instead of having to manually use a fax machine. This functionality brings with it immediate benefits: less time is spent sending, collecting and distributing faxes, noticeable cost savings in office resources, improved efficiency and lower risk of misplaced faxes and more privacy. GFI FAXmaker also requires little maintenance once configured and by leveraging the existing email infrastructure, the company can keep track of all faxes received and sent, search for and backup all faxes, in the same way that emails can be stored and retrieved on the network. GFI FAXmaker also supports Fax over IP (FoIP), allowing employees to use the existing IP infrastructure, such as IP-enabled PABXs and the Brooktrout SR140 solution, to send faxes over the internet; resulting in substantial savings on the company's telephone bill. "GFI FAXmaker has been the leading fax server for more than 10 years. Tens of thousands of customers have used this award-winning product because of its excellent price-performance, immediate return on investment and more so because it reduces the burden of manual faxing," David Vella, Director of Product Management at GFI, said. "The release of GFI FAXmaker 14 is another step towards meeting the requirements of our clients and offering them the tightest integration between our products and Exchange 2007 and x64 operation systems. Through our alliance with Cantata Technology, our clients can now benefit from GFI FAXmaker's full integration with the Brooktrout SR140 FoIP solution," he added. For more information on GFI FAXmaker please visit: http://www.gfi.com/faxmaker/. Pricing starts at USD 775 for 10 users. More pricing options are available at http://www.gfi.com/pricing/pricelist.aspx?product=fax&curr=usd&lang=en. To order customers may use our online order form (https://customers.gfi.com/cart/default.aspx) or order via one of GFI's authorized distributors and resellers (http://www.gfi.com/pages/resellers.asp). About GFI GFI is a leading software developer that provides a single source for network administrators to address their network security, content security and messaging needs. With award-winning technology, an aggressive pricing strategy and a strong focus on small- to medium-sized businesses, GFI is able to satisfy the need for business continuity and productivity encountered by organizations on a global scale. Founded in 1992, GFI has offices in Malta, London, Raleigh, Hong Kong, Adelaide and Hamburg which support more than 200,000 installations worldwide. GFI is a channel-focused company with over 10,000 partners throughout the world. GFI is also a Microsoft Gold Certified Partner. More information about GFI can be found at http://www.gfi.com. All product and company names herein may be trademarks of their respective owners. For more information: Please email: David Kelleher davidk@gfi.com GFI Software Ltd - Malta Tel: +356 21382418 Fax: +356 21382419 URL: http://www.gfi.com


 

The fair value (intrinsic value) of one registered share of Private Equity Holding AG stood at EUR 52.93 (CHF 87.91) as of September 30, 2007. The development of the fair value, share price and discount (share price versus fair value) of one registered share of Private Equity Holding AG in the reporting year is shown below: +-------------------------------------------------------------------+ | Date | Fair | Fair | Share | Share | Discount | Exchange | | | Value | Value | Price | Price | (basis | Rate | | | (CHF) | (EUR) | (CHF) | (EUR) | CHF) | | |----------+-------+-------+----------+-------+----------+----------| | 30.09.06 | 41.75 | 26.35 | 33.00 | 20.83 | 21% | 1.58428 | |----------+-------+-------+----------+-------+----------+----------| | 31.08.07 | 81.70 | 49.77 | 60.00 | 36.55 | 27% | 1.64150 | |----------+-------+-------+----------+-------+----------+----------| | 30.09.07 | 87.91 | 52.93 | 66.50 | 40.04 | 24% | 1.66085 | +-------------------------------------------------------------------+ Private Equity Holding AG (SWX: PEHN), managed by ALPHA Associates, offers investors the opportunity to invest, within a simple legal and tax optimized structure, in a broadly diversified and professionally managed private equity portfolio. For further information, please contact: Claudine Birbaum, Investor Relations, claudine.birbaum@peh.ch, phone +41 41 726 79 80 or http://www.peh.ch Basis of the fair value calculation and disclaimer The number of outstanding shares used for calculation of fair value per share amounted to 3,991,173 as of September 30, 2007 (August 31, 2007: 3,995,252). The calculations are prepared in accordance with International Financial Reporting Standards (IFRS) and pursuant to the guidelines of the European Venture Capital Association (EVCA). The fair values of the fund investments are based on the most recent report of the latest NAV (net asset values) as reported by the funds. Unlisted direct investments are rated at fair values. The fair value of listed direct investments is the market value. Based on a composite assessment of all appropriate and applicable indicators of fair value, Private Equity Holding AG makes a good faith estimate of the fair value as of the valuation date. The fair values are calculated under a going concern assumption. The fair value of Private Equity Holding AG is computed as of the end of each month and published four trading days after the cut-off date. The different reporting cut-off dates of the individual companies and funds in which participations are held can lead to short-term distortions and cause discrepancies between the published fair value and the actual total value of Private Equity Holding AG's net assets. --- End of Message --- Private Equity Holding AG Innere Güterstrasse 4 Zug WKN: 906781; ISIN: CH0006089921; Index: IGSP; Listed: Investment Companies in SWX Swiss Exchange;


 

Elderstreet VCT plc Transaction in own shares 4 October 2007 Elderstreet VCT plc announces that today the Company purchased 37,000 Ordinary shares of 5p each for cancellation representing approximately 0.39% of the issued Ordinary share capital at a price of 72.0p per share. ---END OF MESSAGE---


 

4 October 2007 - Aker Kvaerner has been awarded a GBP 16 million contract by Magnox Electric Limited, to design, build and install a plant for the retrieval and encapsulation of wet intermediate level wastes (ILW) at Hunterston A Site in West Kilbride, Scotland. The project is part of the site's nuclear decommissioning programme and will commence immediately with a 38-month project duration. Plant start up is expected in July 2010. The scope of the contract includes engineering design from Aker Kvaerner's Stockton and Warrington offices, as well as the manufacture, construction, site commissioning, and safety case work for a facility that will carry out the safe retrieval and cementatious encapsulation of the wet ILW wastes. Dave Ley, President of Aker Kvaerner Engineering Services, comments, "Aker Kvaerner has applied extensive design, engineering and practical experience in the handling of Magnox sludges and effluents, and has been able to offer a unique and robust retrieval and encapsulation solution for the Hunterston A wet wastes." Aker Kvaerner and joint venture partnerships have now secured over GBP 50 million of nuclear services work since the start of the year. This is the third multi-million pound nuclear project to be secured in the last six months. It follows the recent retrievals (announced 22 May 2007) and export (announced 22 February 2007) contract awards at Sellafield. ENDS For further information, please contact: Media: Torbjørn S. Andersen, SVP Group Communications, Aker Kvaerner. Tel: +47 67 51 30 36, Mob: +47 928 85 542 Vanessa Mourant, Communications Manager - Aker Kvaerner, UK. Tel: +44 (0) 207 339 1064 Mob: +44 (0)7771 806566 Sarah Weyell, Aker Kvaerner, UK. Tel: +44 (0)1642 343217 Investor relations: Lasse Torkildsen, VP Investor Relations, Aker Kvaerner. Tel: +47 67 51 30 39 Suppliers: For further information about sourcing and potential subcontracts for this project, please contact Jeff Clark, Manager of Supply Management, on Tel: +44 (0)1642 331714 Career opportunities: Visit: http://www.akerkvaerner.com/Internet/CareerCentre AKER KVÆRNER ASA, through its subsidiaries and affiliates ("Aker Kvaerner"), is a leading global provider of engineering and construction services, technology products and integrated solutions. The business within Aker Kvaerner comprises several industries, including Oil & Gas, Refining & Chemicals, Mining & Metals and Power Generation. The Aker Kvaerner group is organised in a number of separate legal entities. Aker Kvaerner is used as the common brand/trademark for most of these entities. The parent company in the group is Aker Kværner ASA. Aker Kvaerner has aggregated annual revenues of approximately NOK 50 billion and employs approximately 23 000 people in about 30 countries. Aker Kvaerner is part of Aker (www.akerasa.com), a group of premier companies with a focus on energy, maritime and marine-resources industries. The Aker companies share a common set of values and long traditions of industrial innovation. As an industrial owner with a 40.27 percent holding in Aker Kvaerner, Aker ASA takes an active role in the development of its holdings. Aker Kvaerner's Process and Construction business area is a world leader in the project management, design and construction of major projects spanning refining, petrochemical processing, metals and mining, power generation, and acid plants. From initial concept through technology development, process technology application, design, procurement, construction, commissioning, operations, maintenance, modification and decommissioning, we provide our customers with the full life cycle of services. Process and Construction provides sound local expertise, combined with the depth and strength of global project operations. Aker Kvaerner Engineering Services is the trading name of Aker Kvaerner Engineering Services Ltd., the legal entity responsible for the execution of the contract. Aker Kvaerner Engineering Services is part of the Process & Construction business area and is one of the core businesses of the Aker Kvaerner group in Europe. It is a leading provider of both turnkey and reimbursable engineering solutions and life cycle services to the nuclear, water, metals, energy and process industries in the UK and worldwide. This press release may include forward-looking information or statements and is subject to our disclaimer, see our web-pages www.akerkvaerner.com


 

The 2007 Annual General Meeting resolved that the Chairman of the Board shall be given a mandate to contact the companyÂ's four largest shareholders and ask them each to appoint one representative to make up the Nominating Committee, together with the Chairman of the Board, for the period until a new Nominating Committee has been appointed in accordance with a mandate from the next Annual General Meeting. In addition to Conny Karlsson (Chairman of the Board), William N. Booth (Wellington Management Company), Mads Eg Gensmann (Parvus Asset Management), Michael Allison (Morgan Stanley Investment Management) and Andy Brown (Cedar Rock Capital) have been appointed members of the Nominating Committee. According to the instructions adopted by the Annual General Meeting, the Nominating Committee shall prepare and submit proposals to the Annual General Meeting regarding the election of the Chairman and other Members of the Board, the determination of Directors fees to be divided between the Chairman and other Members of the Board and any remuneration for committee work, the election of and payment of fees to auditors, when applicable, and the election of a Chairman of the Annual General Meeting. Shareholders who wish to submit its opinion, or put forward a proposal, to the CompanyÂ's Nominating Committee may do so to the CompanyÂ's general counsel, Fredrik Peyron. ____________ Swedish Match is a global Group of companies with a broad assortment of market-leading brands in smokeless tobacco products, cigars, pipe tobacco and lights products. The Groupâ¤(TM)s global operations generated sales of 12,470 MSEK for the twelve month period ending June 30, 2007. Swedish Match shares are listed on OMX Nordic Exchange in Stockholm (SWMA). ____________ Swedish Match AB (publ), SE-118 85 Stockholm Visiting address: Rosenlundsgatan 36, Telephone: +46 8 658 02 00 Corporate Identity Number: 556015-0756 www.swedishmatch.com


 

A global leader in the field of geothermal energy created Reykjavik Energy Invest ("REI"), the business development and investment arm of Reykjavik Energy and Geysir Green Energy ("GGE") have announced their agreement to merge the two companies. The merger will create a global leader in the field of geothermal energy with the total value of ISK 65 billion, approximately EUR 745 million. The combined company will operate under the name of Reykjavik Energy Invest and will invest in and utilize geothermal energy. The deal is subject to closing, including approval from competition authorities. Magnus Jonsson, the CEO of Atorka Group and Vice Chairman of Geysir Green Energy; "Our combined forces make us better equipped for growth on the international market and we believe this to be a strong step in the development of Icelandic global growth in the field of geothermal energy. The merger increases stake values in both companies and is therefore positive for stakeholders in both Geysir Green Energy and Reykjavík Investment. Atorka has been a leading force concerning investments in the Icelandic power industry and showed vision in its development of Jardboranir as well as in other companies in the field of renewable energy. We see excellent growth opportunities for the new united company in the future." Powerful combination The merger will create a global leader in the field of geothermal energy with a strong capital base and the management team recognised for its vision, know-how and decades of expertise in the utilization of geothermal energy. The company will be well-positioned to take advantage of the excellent opportunities in the geothermal industry that present itself globally. REI and GGE have a strong track record of joint projects and investments in international markets, including Europe, North and South America and Asia. The merger will further enhance their investment and project-development capacity, as well as bring together investments in some of the world's leading energy companies, including: * 100% of Iceland Drilling (formerly owned by Geysir Green Energy), a world leader in drilling and utilization of geothermal energy * 48% share in HS (Hitaveita Sudurnesja), Iceland's third largest energy company * 70% share in Enex, a company working on various geothermal projects all over the world * 66% share in Enex China that is developing geothermal district heating systems in China * 20% share in Western GeoPower (formerly owned by Geysir Green Energy) in Canada which is developing two geothermal power projects in North America REI will continue working closely with Reykjavik Energy (Orkuveita Reykjavikur) in new and existing projects. The companies have agreed on the exchange of expertise and technology in relation to developing new geothermal projects. International player with clear objectives Following the merger, the total equity will equal ISK40 billion, approximately EUR460 million. Largest shareholders include: * Orkuveita Reykjavikur 35,5% * FL Group 27% * Atorka Group 20% * Glitnir bank 6,2% The combined company is well positioned for further growth and competition in the international marketplace. The company has already important stakes in geothermal companies, as described above, and is intensively working on pursuing further investment opportunities. Hence, the company's prospects include hundreds of megawatts of geothermal power to be in production within a relatively short time frame. About Reykjavik Energy Invest Reykjavik Energy Invest (REI) (www.reykjavikenergy.com) is the Reykjavik Energy (Orkuveita Reykjavikur) international business development and investment arm. We bring Reykjavik Energy's expertise to our partners and investments by focusing on creating partnerships to develop geothermal areas. REI invests in geothermal exploitation rights as well as site development, construction and operation of geothermal fields, and seeks to acquire geothermal plants currently in operation. Reykjavik Energy is the world's leading authority in the utilization of geothermal energy. We have consolidated our leadership over the past 60 years by supplying a large portion of the Icelandic population with geothermal water for domestic heating and by gradually developing new steam fields for power production. About Geysir Green Energy Geysir Green Energy is a leading investment company within the geothermal industry, investing in developing projects as well as geothermal operations. Geysir has since its foundation in January 2007 invested around USD 650 million in geothermal companies and projects around the world. Building on the extensive experience of Icelandic geothermal companies, Geysir has received great attention within the industry and is being recognized as a serious and dynamic investor in the field. About Atorka Group Atorka Group is an investment company listed on the OMX Nordic Exchange in Iceland. Atorka supports progressive enterprises that take advantage of worldwide developments, assisting those companies in becoming global leaders.In its investments, Atorka seeks out companies that have sound operation and strong management and possess the potential for substantial internal and external growth. The Company targets projects with considerable potential for growth and value enhancement, aiming at investments for periods of 3-5 years. For further information, contact Magnús Jónsson, CEO of Atorka Group and Vice Chairman of Geysir Green Energy (tel. +354 840 6240) and Valdis Arnardottir PR and Communication Manager (tel. + 354 840 6217)


 

CHIHUAHUA, MEXICO--(Marketwire - October 04, 2007) - Paramount Gold and Silver Corp. (TSX: PZG)(AMEX: PZG)(FRANKFURT: P6G)(WKN: A0HGKQ) is pleased to announce the assay results from thirteen drill holes and one trench in the San Antonio/El Carmen area at its San Miguel project in the Guazapares Mining District, Mexico. These results indicate the presence of a new high grade gold-silver structure. Drill holes SA-41 to SA-43 are step out holes to the west of the San Antonio mineralized structure, and SA-44 and SA-45 are infill drill holes in the stockwork mineralization between the San Antonio and El Carmen structures. Hole SA-46 was drilled to test the down-dip extension of part of the San Antonio structure. Holes SA-47, SA-48, SA-49, SA-50, and SA-51 were drilled to test the on-strike continuity of various segments of the San Antonio-El Carmen mineralized zone. SA-52 and SA-53 were drilled to test a new zone, El Carmen North. Trench TSA-23 was done to test the continuity of the El Carmen mineralized structure in the north. Highlights of assays results (see table at www.paramountgold.com for further details and maps): TSA-23 cut 8.0 meters of 290 g/t silver SA-41 intercepted 3.8 meters (2.11 meters of true width) of 110 g/t silver SA-45 had intercepts of: 1. 4.6 meters (3.07 meters of true width) of 175 g/t silver 2. 6.1 meters (4.07 meters of true width) of 191 g/t silver 3. 0.85 meters (0.61 meters of true width) of 600 g/t silver 4. 4.2 meters (2.6 meters of true width) of 227 g/t silver SA-47 intercepted 2.6 meters (1.73 meters of true width) of 212 g/t silver SA-48 had intercepts of 3.0 meters (1.50 meters of true width) of 101 g/t silver, and 2.0 meters (1.44 meters of true width) of 154 g/t silver SA-51 intercepted 7.0 meters (5.44 meters of true width) of 191 g/t silver SA-52 intercepted 2.85 meters (2.06 meters of true width) of 6.70 g/t gold and 632 g/t silver, including 0.85 meters (0.72 meters of true width) of 17.75 g/t gold and 1,600 g/t silver SA-53 intercepted 2.00 meters (1.78 meters of true width) of 2.13 g/t gold and 273 g/t silver Larry Segerstrom, COO of Paramount Gold and Silver Corp., commented, "The results of trench TSA-23 and drill holes SA-41 to SA-51 show the continuity of the mineralization through most of the San Antonio/El Carmen zone. The zone is open along strike and down dip. Holes SA-52 and SA-53 discovered a new gold-rich structure in the El Carmen North zone, about 120 meters north of hole SA-48. This new structure is open on-strike and down-dip." Follow-up drilling is planned, to: 1) Expand the San Antonio/El Carmen zone and delineate high grade bodies within it, and 2) Further test the new El Carmen North structure to determine the extent of the bonanza gold-silver grades. Quality Control Paramount takes detailed photos of the entire core before it is cut by saw to half core which is assayed at ALS Chemex's Vancouver laboratory. As part of quality assurance, quality control (QA/QC), Paramount has put into place a detailed program of periodically introducing certified standards, blanks and duplicates into the sample stream. Half-core samples are being retained on site for verification and reference purposes. C.W. (Bill) Reed, B. Sc. Mineralogy, registered geologist, is the qualified person with respect to this news release. Paramount Gold is listed on the AMEX and TSX under the symbol PZG and on the Frankfurt Stock Exchange under the symbol P6G (WKN: A0HGKQ). Paramount Gold is a precious metals mining exploration company, presently in the early stages of an extensive exploration program at their San Miguel project, located in the Guazapares Mining District of Mexico, part of the Sierra Madre Occidental gold-silver belt. Paramount has completed over 21,000 meters of drilling on the project, totaling 132 drill holes, with results pending on 32 of these holes. In early 2007, Paramount began a 50,000 meter drill program, of which 14,000 meters have been completed to date. In March 2007, Paramount completed a $21.8 million financing which is being utilized to develop their San Miguel project and other opportunities. "Safe-Harbor" Statement: This press release contains forward-looking information within the meaning of Section 21E of the Securities Exchange Act of 1934. All statements that are not statements of historical fact regarding the intent, belief or current expectations of the Company may not be realized. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond the Company's ability to control, and that actual results may differ materially. Contacts: Paramount Gold and Silver Corp. Charles William Reed VP Exploration, Mexico 520-907-9986 Paramount Gold and Silver Corp. Chris Halkai Corporate Relations 613-226-9881 or Toll-free: 1-866-481-2231


 

Shanghai, China/Reykjavik, Iceland - October 4th 2007 - Glitnir, the Nordic bank, and the Chinese catering company Fu Ji today announced their conclusion of a strategic consulting agreement. Under the agreement, Glitnir will act as financial and strategic consultant for Fu Ji, as the company further grows its business in China. Glitnir will draw upon its expertise in the international seafood industry, working through the Bank's representative office in Shanghai. The signing took place at a reception in Shanghai hosted by the Iceland Business Forum in China, in the presence of the President of Iceland, HE. Ólafur Ragnar Grímsson, who is visiting Shanghai for the Special Olympics. The agreement will ensure Fu Ji the necessary consulting resources for strategic growth in the Chinese market. The company, which is listed on the Hong Kong stock exchange, with a market Cap of just over $ 2 billion, is already the largest domestic catering service provider in Shanghai, serving more than one million meals every day. Wei Dong, Chairman of Fu Ji Catering calls the agreement an important milestone for Fu Ji: "We have grown very fast for the past few years and our business in China is going very well. Our aspiration is to grow further, and Glitnir is a key partner in that strategy. The Bank has an excellent network and possesses expertise within the food industry and we intend to take advantage of that expertise. They also know the Chinese market well, so for us Glitnir is the ideal partner in taking this important step in our company's history." Magnús Bjarnason, Glitnir's Executive Vice President of International Banking, says the agreement with Fu Ji is very important for the bank. "Fu Ji is very well positioned for further growth in the areas they are targeting and we believe we have the resources to work with them on their ambitious goals. Fu Ji is a very well run company which has enjoyed exceptional growth over the past few years. The Chinese economy is being shaped by new entrepreneurs and it is of great importance for Glitnir to work closely with such people in our Chinese operations. Wei Dong is a perfect example of such an entrepreneur, who has built his company into the largest provider of chilled ready meals in China." Jiang Zhu, Chief Representative for Glitnir in Shanghai says that he is very pleased with the co-operation with Fu Ji: "This is a landmark development in our business relationship with Fu Ji and we look forward to working closely with them on their strategic growth here in China. Fu Ji is an interesting company with huge potentials in the fast growing Chinese consumer market for ready made food." Earlier today, the President of Iceland visited Glitnir's office in Shanghai and met with Mr. Jiang Zhu, Glitnir's Chief Representative in China and other staff members. About Fu Ji Fu Ji is the largest domestic catering services provider in Shanghai. The company specializes in providing integrated catering solutions and supplying quality food. Backed by solid technical know-how, centralized processing and restaurant management capabilities, they are rapidly developing into an outstanding food and catering chain operator, providing quality food and services for business and leisure users alike. Fu Ji's focus is on developing specialized solutions that meet its clients' catering needs and the operat