any means or instrumentality of interstate or foreign commerce of or of 
any facilities of a national securities exchange of, the United States. 
This includes, but is not limited to, facsimile transmission, electronic 
mail, telex, telephone, the internet and other forms of electronic 
communication. The Securities may not be tendered in the Tender Offers 
by any such use, means, instrumentality or facility from or within the 
United States or by persons located or resident in the United States. 
 
   Accordingly, copies of this announcement and the Tender Offer Memorandum 
and any other documents or materials relating to the Tender Offers are 
not being, and must not be, directly or indirectly mailed or otherwise 
transmitted, distributed or forwarded (including, without limitation, by 
custodians, nominees or trustees) in or into the United States or to any 
persons located or resident in the United States.  Any purported tender 
of Securities in the Tender Offers resulting directly or indirectly from 
a violation of these restrictions will be invalid and any purported 
tender of Securities made by a person located or resident in the United 
States or any agent, fiduciary or other intermediary acting on a 
non-discretionary basis for a principal giving instructions from within 
the United States will be invalid and will not be accepted. 
 
   Each Securityholder participating in the Tender Offers will represent 
that it is not located in the United States and it is not participating 
in the Tender Offers from the United States or it is acting on a 
non-discretionary basis for a principal that is located outside the 
United States and that it is not giving an order to participate in the 
Tender Offers from the United States.  For the purposes of this and the 
above paragraph, "United States" means  the United States of America, 
its territories and possessions (including Puerto Rico, the U.S. Virgin 
Islands, Guam, American Samoa, Wake Island and the North Mariana 
Islands), any state of the United States of America and the District of 
Columbia. 
 
   UNITED KINGDOM: The communication of this announcement and the Tender 
Offer Memorandum and any other documents or materials relating to the 
Tender Offers is not being made, and such documents and/or materials 
have not been approved, by an authorised person for the purposes of 
section 21(1) of the Financial Services and Markets Act 2000, as amended 
(the "FSMA").  Accordingly, such documents and/or materials are not 
being distributed to, and must not be passed on to, the general public 
in the United Kingdom.  The communication of such documents and/or 
materials is exempt from the restriction on financial promotions under 
section 21(1) of the FSMA on the basis that it is only directed at and 
may be communicated to (1) persons who have professional experience in 
matters relating to investments, being investment professionals as 
defined in Article 19(5) of the Financial Services and Markets Act 2000 
(Financial Promotion) Order 2005 (the "FPO"); (2) persons who are 
Securityholders or who fall within Article 43(2) of the FPO; or (3) any 
other persons to whom these documents and/or materials may lawfully be 
communicated.  Any investment or investment activity to which this 
announcement or the Tender Offer Memorandum relates is available only to 
such persons or will be engaged only with such persons and other persons 
should not rely on it. 
 
   FRANCE: The Tender Offers are not being made, directly or indirectly, to 
the public in the Republic of France ("France") and this announcement, 
the Tender Offer Memorandum and any other document or material relating 
to the Tender Offers have not been distributed in France, except to 
qualified investors as defined in Article 2(e) of Regulation (EU) 
2017/1129 and Article L411-2 1deg of the French Code monétaire et 
financier..  This announcement and the Tender Offer Memorandum have not 
been and will not be submitted for clearance to nor approved by the 
Autorité des marches financiers. 
 
   ITALY: None of this announcement, the Tender Offers, the Tender Offer 
Memorandum and any other documents or material relating to the Tender 
Offers has been or will be submitted to the clearance procedures of the 
Commissione Nazionale per le Società e la Borsa ("CONSOB"), 
pursuant to applicable Italian laws and regulations. 
 
   The Tender Offers are being carried out in the Republic of Italy 
("Italy") as exempted offers pursuant to article 101-bis, paragraph 
3-bis of the Legislative Decree No. 58 of 24 February 1998, as amended 
(the "Financial Services Act") and article 35-bis, paragraph 4 of CONSOB 
Regulation No. 11971 of 14 May 1999, as amended. 
 
   Accordingly, holders or beneficial owners of the Securities that are 
located in Italy may tender their Securities in the relevant Tender 
Offer through authorised persons (such as investment firms, banks or 
financial intermediaries permitted to conduct such activities in Italy 
in accordance with the Financial Services Act, CONSOB Regulation No. 
20307 of 15 February 2018, as amended from time to time, and Legislative 
Decree No. 385 of 1 September 1993, as amended) and in compliance with 
applicable laws and regulations or with requirements imposed by CONSOB 
or any other Italian authority. 
 
   Each intermediary must comply with the applicable laws and regulations 
concerning information duties vis-à-vis its clients in connection 
with the Securities or the Tender Offers. 
 
   Distribution: 
 
   Nasdaq Helsinki 
 
   London Stock Exchange 
 
   The principal media 
 
   Financial Supervisory Authority 
 
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(END) Dow Jones Newswires

11-23-20 0750ET