DECISIONS OF THE EXTRAORDINARY SHAREHOLDERS' MEETING OF KYRO

DECISIONS OF THE EXTRAORDINARY SHAREHOLDERS' MEETING OF KYRO CORPORATION (NEW KYRO) An Extraordinary Shareholders' Meeting of Kyro Corporation (business identity code 1651585-0) authorised on 12 June 2001 the Board of Directors to acquire the company's own shares with assets distributable as profit and to transfer them for use as payment in possible future business acquisitions or to finance investments. According to the authorisation, the Board of Directors may acquire the company's own shares corresponding at most to 5 per cent of the share capital of the company at the moment of acquisition. Any possible acquisition of the company's own shares may be executed in accordance with the decision of the Board of Directors either by a purchase offer directed to all shareholders on the same terms in proportion to the holdings of the shareholders or in public trading at the market price of the shares on the purchase date. The Extraordinary Shareholders' Meeting also authorised the Board of Directors to decide on the transfer of the company's own shares that have been acquired. The authorisation covers the transfer of all shares acquired on the basis of the acquisition authorisation given to the Board of Directors. The authorisations given to the Board of Directors of Kyro Corporation for the acquisition and transfer of the company's own shares are valid for one year from the date of the decision of the Extraordinary Shareholders' Meeting. Helsinki 12 June 2001 KYRO CORPORATION Board of Directors For further Kyro Corporation, Chief Financial Officer, information: Veli Kronqvist tel. +358 400 838 140 Investor Kyro Corporation, VP, Corporate Communications relations: Mika Nevalainen tel. +358 400 882 024 DISTRIBUTION: Helsinki Exchanges ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.bit.se/bitonline/2001/06/12/20010612BIT00880/bit0001.doc http://www.bit.se/bitonline/2001/06/12/20010612BIT00880/bit0001.pdf

Subscribe