OLVI PLC            CORRECTION/ PRESS RELEASE 17 AUGUST 2004 at 9.00 am 1 of 1

3,600 A SHARES IN OLVI PLC SUBSCRIBED AGAINST THE WARRANTS
ASSOCIATED WITH THE 1999 BOND WITH WARRANTS


The increase in share capital has been registered in the Trade
Register on 16 August 2004. The shares subscribed using the
warrants will be traded together with the existing shares from 19
August 2004 onwards. The company’s new share capital is
9,880,204.00 euro.





Heikki Hortling
Acting Managing Director

Phone +358 17 838 5500


DISTRIBUTION
Hex Plc
Key media
http://www.olvi.fi