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Evli Securities and CapMan sell BaltCap to management team

Evli, a leading Nordic-Baltic investment bank, and CapMan, one of the leading alternative asset managers in the Nordic countries have sold 100% of their holdings in the private equity fund manager BaltCap to the local management. "The decision is part of Evli´s strategy to focus more on our core busi-nesses, i.

e. corporate finance, asset management and capital markets, in Nordic and Baltic countries," said CEO of Evli Securities (former Suprema Securities) Mr. Aidas Galubickas."Naturally, we will continue to co-operate with the region´s best private equity and venture capital fund managers to deliver the best returns to our customers." CapMan is one of the leading alternative asset managers in the Nordic countries and manages Nordic funds with approximately €3.0 billion in total capital. CapMan\'s operations are divided into two business units, CapMan Private Equity and CapMan Real Estate. The CapMan team comprises approximately 100 people in Helsinki, Stockholm, Copenha-gen and Oslo. The B shares of CapMan Plc are listed on Helsinki Stock Exchange since 2001. Since 1995, BaltCap Management is the leading dedicated private equity and venture capital investor focusing on mid-market expansion capital buyout investments in Baltic States. To date BaltCap has managed three investment funds with total capital of EUR 70 million and has made 35 investments out of which 22 have been fully exited.

EVLI BANK PLC

Evli Bank Plc is an independent investment bank whose clients are entrepreneurs, corporate executives and investment pro-fessionals.

Evli was established in 1985, and has ever since been a pioneer and trailblazer in the rapidly developing capital markets. Evli owes its leading position to its strong expertise and experience, and its ability to find new solu-tions for clients in fluctuating markets.

Evli\'s primary market is the Baltic Sea region. In this area, the company operates in Finland, Sweden, the Baltic countries and Poland. Evli also has offices in Luxembourg and through its joint venture Nordic Partners, Inc. in New York.

In order to create the maximum added value for its clients, Evli builds long-term relationships based on mutual trust.

Evli Group\'s equity capital totals EUR 68,5 million and the BIS capital adequacy ratio stood at 16,0% on 30 September 2007. Evli Group employs approxi-mately 370 people.


Additional information:
Aidas Galubickas
CEO, Evli Securities
Tel. +370 52546 720
www.evli.com


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