Alexander Bargum elected to Algol Board

Algols Annual General Meeting has elected Alexander Bargum, LL.M, as
a new member of the Board of Directors of Algol Oy. Bargum is an attorney at
Hannes Snellman Attorneys at Law Ltd. in Helsinki.

Born in 1975, Alexander Bargum will continue Algols long family tradition by
serving on the Board of Directors. His father is Magnus Bargum, Managing
Director of Algol.

The other members of the Board of Directors of Algol Oy remain unchanged, with
Gerhard Wendt as Chairman of the Board and Magnus Bargum, Martin Granholm,
Ingmar Lindberg and Leif Lund as members, now joined by Alexander Bargum.

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