News

As informed in SSH’s stock exchange release dated February 9,
2005, due to the company’s withdrawal from the VPN-hardware
business, the sale of its OEM business, and stopping its Certifier
business, the company has essentially less need for capital.
Consequently the Board has decided to start preparations for the
potential reduction of tied equity and the distribution of part of
its assets to shareholders.

Based on the preparations, SSH’s Board has decided to propose in
the Annual General Meeting of Spring 2006 the partial return of
the tied equity to the shareholders. The Board has decided to
propose distribution of twenty-five cent (EUR 0.25) per share. The
return of the tied equity would result in partial decrease of the
share premium fund, which would depend on permission from the
Registration Authority, as required by the Companies Act 6:5 §.

Associated with the return of the equity, the Board of Directors
has decided to propose that the Annual General Meeting shall
decide to change and reduce the subscription prices of the shares
to be subscribed for by virtue of option rights that SSH has
issued by EUR 0.25 per share. The subscription price shall,
however, always be at least the par value of a share.

More detailed information concerning the return of the equity and
its time schedule will be announced together with the other
proposals to the Annual General Meeting of SSH.

Helsinki, 23rd November, 2005

SSH COMMUNICATIONS SECURITY CORP

Arto Vainio
CEO

© 2005 SSH Communications Security Corp. All rights reserved. ssh® is a registered trademark of SSH Communications Security Corp in the United States and in certain other jurisdictions. All other names and marks are property of their respective owners.