Harju Elekter                 NEWS RELEASE                      09/21/2004



PKC GROUP PAYS EXTRA DIVIDENDS



PKC Group Oyj’s (hereinafter: PKC) Extraordinary General Meeting held on

20.09.2004 accepted Management Board proposal to pay extra dividend for 

2003 in the amount of 0.5 EUR per share. The list of shareholders with the 

right  to extra dividends shall be compiled on 23.09.2004. Harju Elekter 

owns 620 001 PKC shares. Thus, the amount of dividends to be transferred 

to the account of Harju Elekter on 30.09.2004 is 310 TEUR or 4.85 MEEK. 

Harju Elekter has previously received dividends in the 1st quarter, 

including from PKC for the year 2003 in the amount of 19.4 MEEK or 1.2 MEUR. 

Harju Elekter will earn financial income from PKC dividends in 2004 in the 

total amount of 24.25 MEEK or 1.55 MEUR.



The approval of shareholders was also given to the proposal of the management

board to organise bonus issue equity financing pursuant to which the share

capital of PKC will be increased by 3 916 391.74 EUR from 1 958 195.87 EUR to

5 874 587.61 EUR. During the bonus issue, 11 640 348 new shares will be

distributed so that two new shares will be given for each old share. New 

shares give the right to dividends for the financial year of 2004. After the 

bonus issue, the number of PKC shares will be 17 460 522. The list of share-

holders participating in the bonus issue will be compiled on 23.09.2004. 

Harju Elekter is the largest shareholder of PKC who, after the bonus issue, 

will own 1 860 003 PKC shares or have a holding of 10.65%.







Andres Allikmäe

Chairman of Management Board

Tel 6 747 400



Additional information: <a href='http://www.hex.com/eng/news/' target='_blank'>http://www.hex.com/eng/news/</a> PKC news release of

20.09.2004





Moonika Vetevool

PR manager

+372 6 712 761