TietoEnator Corporation Stock Exchange Release 1 April 2008, 4.00 pm
EET


The Board of TietoEnator has today received the tender offer document
from Cidron Services Oy regarding its public tender offer for all the
outstanding shares and stock options in TietoEnator. The offered
price per share is 15.00 euros in cash after the dividend
distribution decided at the Annual General Meeting of TietoEnator on
27 March 2008. The price offered for stock options is 0.01 euros per
stock option payable in cash. Cidron Services is a company indirectly
owned by the Fund VI of Nordic Capital, a Swedish private equity
investor.

The offered price represents a 6.2% premium to the 6 months
volume-weighted average price of the TietoEnator share and a 13.7%
discount to the 12 months volume-weighted average price, up to the
close on 19 March 2008, the day prior to the announcement of the
offer from Cidron Services.

On 20 March 2008, the day of Cidron Services' offer announcement, the
OMX Helsinki index closed at its lowest level since 6 November 2006.
From 20 March 2008 to the close of yesterday, 31 March 2008, the OMX
Helsinki index had increased 6.2%.

The completion of the offer is, among other things, subject to the
offer being accepted by shareholders representing at least 90% of the
shares, receipt of regulatory approvals and the financing required
for the offer being available to Cidron at the completion of the
offer. The offer period will commence on 2 April and will be closed
on 28 April 2008.

The Board of TietoEnator will evaluate the offer thoroughly and
analyze other alternatives available to TietoEnator and announce its
statement and recommendation to shareholders in accordance with the
Securities Market Act in due course before the offer period ends.

Says Matti Lehti, Chairman of the Board of TietoEnator: "While we
will investigate the matter in detail, the offer document we now have
received only confirms the preliminary view of the Board that the
offer does not reflect the true value of TietoEnator and its revised
strategy and the Performance Improvement Programme."


TIETOENATOR CORPORATION

Board of Directors


DISTRIBUTION
Helsinki Stock Exchange
Stockholmsbörsen
Principal Media




TietoEnator is among the leading architects in building a more
efficient information society and one of the largest IT services
providers in Europe. TietoEnator specializes in consulting,
developing and hosting its customers' business operations in the
digital economy. The Group's services are based on a combination of
deep industry-specific expertise and the latest information
technology. TietoEnator has about 16 000 experts in close to 30
countries.
www.tietoenator.com





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