Stonesoft Oyj : REDEMPTION RIGHT AND CLAIM UNDER CHAPTER 18, SECTION 1 OF THE COMPANIES ACT REGARDING SHARES IN STONESOFT

Stonesoft Oyj : REDEMPTION RIGHT AND CLAIM UNDER CHAPTER 18, SECTION 1 OF THE
           COMPANIES ACT REGARDING SHARES IN STONESOFT CORPORATION

STONESOFT CORPORATION STOCK EXCHANGE RELEASE 4 July 2013 at noon 12:00 pm

REDEMPTION RIGHT AND CLAIM UNDER CHAPTER 18, SECTION 1 OF THE COMPANIES ACT
REGARDING SHARES IN STONESOFT CORPORATION

Stonesoft Corporation ("Stonesoft")  has today been  notified by McAfee  Suomi 
Funding LLC  ("McAfee")  of McAfee's  redemption  right and  claim  under  the 
Finnish Companies Act.

McAfee holds  approximately 95.26  per cent  of all  the shares  and votes  in 
Stonesoft. McAfee has pursuant to  its ownership exceeding nine tenths  (9/10) 
gained a right to  redeem all shares held  by other remaining shareholders  in 
Stonesoft (the "Shares" and each of them separately, a "Share") at fair  value 
in accordance with Chapter 18, Section 1 of the Companies Act.

McAfee has today 4 July 2013 notified Stonesoft of its decision to exercise
its redemption right and presented its redemption claim for the remaining
shares in Stonesoft in accordance with the Companies Act. The content of
McAfee's redemption claim is substantially as follows:

1. Redemption Price for the Shares

The redemption price for the Shares is EUR 4.50 per Share ("Redemption Price")
which is the same price as the consideration paid by McAfee in the voluntary
public tender offer for all the issued and outstanding shares and option
rights in Stonesoft announced on 6 May 2013 ("Tender Offer"). Through the
Tender Offer, McAfee has gained title to 95.26 per cent of all the shares in
Stonesoft, and thus exceeded the nine tenths (9/10) threshold of all the
shares and votes in Stonesoft. Accordingly, the Redemption Price of EUR 4.50
per Share shall be considered as the fair value of the Shares in accordance
with the Companies Act.

2. Transfer Tax and Payments

Possible transfer tax collected in Finland deriving from the redemption of the
Shares as well as the payments and charges arising from the book-entry
registrations carried out as a consequence of the redemption will be borne by
McAfee.

Background to McAfee's redemption notification and claim and the consideration
offered in the Tender Offer can be found in the Tender Offer Document dated 16
May 2013, which is available in Finnish at the branch offices of the
cooperative banks belonging to the OP-Pohjola Group and Helsinki OP Bank Plc
and both in Finnish and English on the internet at www.op.fi/merkinta and
www.stonesoft.com.

McAfee has informed Stonesoft that in order to implement the redemption of the
Shares as referred to in the redemption notification and claim, McAfee will
initiate arbitration proceedings as provided in the Companies Act.

In order to allow the remaining shareholders and holders of option rights the
possibility to still accept the Tender Offer, McAfee has extended the offer
period by a subsequent offer period in accordance with the terms and
conditions of the Tender Offer. The subsequent offer period will expire on 10
July 2013.

Helsinki, 4 July 2013

Stonesoft Corporation
Ilkka Hiidenheimo
CEO

For further information, please contact:

Mikael Nyberg, CFO, Stonesoft Corporation
Tel. +358 9 476711

Distribution:
NASDAQ OMX Helsinki Ltd
www.stonesoft.com

------------------------------------------------------------------------------

This announcement is distributed by Thomson Reuters on behalf of Thomson
Reuters clients.

The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and other
applicable laws; and
(ii) they are solely responsible for the content, accuracy and originality of
the
information contained therein.

Source: Stonesoft Oyj via Thomson Reuters ONE
HUG#1714205
 
Press spacebar to pause and continue. Press esc to stop.