Resolutions passed at today's Annual General Meeting included the following:

Dividend
A dividend of SEK 4.00 per share was confirmed.

 

Board of Directors
The following directors were re-elected: Anders Börjesson, Tom Hedelius, Eva Elmstedt, Urban Jansson, Lars Spongberg and Roger Bergqvist.

At the subsequent statutory Board of Directors meeting Anders Börjesson was re-elected to serve as Chairman. Tom Hedelius was re-elected to serve as Vice Chairman.

 

Share capital reduction
In accordance with a proposal of the Board of Directors, the Annual General Meeting resolved to reduce the share capital by the cancellation of 1,700,000 Series B shares owned by Addtech.

 

Repurchase of own shares
In accordance with a proposal of the Board of Directors, the Annual General Meeting resolved to give the Board of Directors authorization to buy and sell shares in the Company, on one or more occasions, during the period until the next following Annual General Meeting.

 

Purchases shall be made over Stockholmsbörsen (the Stockholm Stock Exchange) at the prevailing market price from time to time. Purchases of own shares shall be limited in such a way that the Company's total holding of shares in treasury never exceeds 10 percent of the total number of shares outstanding.

 

Shares held in treasury may be sold with or without preferential rights for shareholders, but not via Stockholmsbörsen. Shares may be sold to finance acquisition of companies or businesses.

 

Next report
Interim Report for the period 1 April - 30 September 2006 will be published 8 November 2006.

 

 

Stockholm, 22 August 2006

Addtech AB (publ)
Board of Directors