14.11.2003

Kyösti Karjula, MP, elected to the Supervisory Board of Finnvera plc

On 13 November 2003, the Extraordinary General Meeting of Finnvera plc elected Kyösti Karjula, MP, to the Supervisory Board of Finnvera plc. At the same time, Mr. Karjula was elected the First Vice Chairman of the Supervisory Board.

Seppo Kääriäinen, MP, stepped down from the Supervisory Board of Finnvera plc after he had become a Minister in the Finnish Government. Mr. Karjula replaces Mr. Kääriäinen on Finnvera¿s Supervisory Board.

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Finnvera

Finnvera provides financing for the start, growth and internationalisation of enterprises and guarantees against risks arising from exports. Finnvera strengthens the operating potential and competitiveness of Finnish enterprises by offering loans, domestic guarantees, venture capital investments, export credit guarantees and other services associated with the financing of exports. The risks included in financing are shared between Finnvera and other providers of financing.

Finnvera is a specialised financing company owned by the State of Finland and it is the official Export Credit Agency (ECA) of Finland.