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LÄNNEN TEHTAAT PLC ANNUAL GENERAL MEETING

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LÄNNEN TEHTAAT PLC     STOCK EXCHANGE RELEASE MARCH 31, 2005 at 5;40 p.m.


LÄNNEN TEHTAAT PLC ANNUAL GENERAL MEETING

The Annual General Meeting on March 31, 2005 approved the financial statements,
discharged those accountable from liability and decided to distribute a dividend
of EUR 0.65 per share.

MATTERS DEALT WITH BY THE ANNUAL GENERAL MEETING

FINANCIAL STATEMENTS
The Annual General Meeting approved the Company's and the Group's profit and loss
accounts and balance sheets, and discharged the members of the Board of
Directors, the members of the Supervisory Board and the President from liability
for the financial year 2004.

The Annual General Meeting decided to distribute as dividend EUR 0.65 per share.
The record date is April 5, 2005 and the dividend payment date April 12, 2005.

ELECTION OF THE MEMBERS OF THE SUPERVISORY BOARD AND THE AUDITORS
Hannu Lamminen, Juha Nevavuori and Helena Walldén were re-elected to the
Supervisroy Board. Marja-Liisa Mikola-Luoto, Jarmo Mäntyharju, Tuomo Raininko and
Mauno Ylinen were elcted as new members.

Hannu Pellinen, Authorized Public Accountant, and PricewaterCoopers Oy
Authorized Public Accountants with Jari Henttula, Authorized Public Accountant as
responsible auditor, were elected as auditors.

RAISING THE SHARE CAPITAL
The Annual General Meeting decided to authorize the Board of Directors  to raise
share capital by new share issues and/or to issue a convertible bond in one or
more instalments. The authorization is valid one year, starting from the date of
the AGM decision. In a new share issue and/or an issue through a convertible
bond, the share capital can be raised by a maximum total of EUR 1,263,514 in such
a way that a maximum of 631,757 shares with a nominal value of EUR 2.00 are
offered for subscription.

The Board of Directors was authorized to diverge from the shareholders' pre-
emptive subscription right to new shares and/or to
convertible bonds if the company's financial status so requires. The
authorization also covers the right to decide on the subscription prices, those
entitled to subscribe shares, subscription terms, terms concerning a convertible
bond and other terms and aspects related to a new share issue and/or issue of a
convertible bond.

SURRENDERING THE COMPANY'S OWN SHARES
The Annual General Meeting decided to authorize the Board of Directors  to decide
to surrender the company's own shares. The authorization concerns the 65,000
company shares acquired using the authorization granted by the AGM on April 5,
2001. The Board is authorized to decide to whom and in what order the company's
own shares are surrendered. The shares can be surrendered in one or more
tranches. The Board may decide to surrender the Company's own shares otherwise
than in proportion to the pre-emptive right of shareholders.

The shares can be surrendered in one or more tranches, as decided by the Board,
in connection with corporate acquisitions or other corporate arrangements or for
some other similar purpose that the Board may consider suitable. Surrender of the
shares can also be carried out via public trading on Helsinki Exchanges.

The share price is the current value at the time of surrender, determined in
public trading on Helsinki Stock Exchange. The shares may also be surrendered
against other than monetary consideration. The authorization is valid for one
year, starting from the date of the AGM decision.

AMENDMENTS TO THE ARTICLES OF ASSOCIATION
The Board of Directors' proposals to amend sections 2, 5, 6, 9, 10 and 11 of the
Articles of Association were approved as presented. The amended section 7
regarding the authorization to sign for the Company was approved as follows: The
Company is signed for by the members of the Board of Directors, two together, or
the President with a member of the Board of Directors. A holder of procuration
authorized by the Board of Directors signs for the Company together with a member
of the Board of Directors, the President or another holder of procuration.
 
The proposal in its entirety has been published on February 23, 2005 in a Stock
Exchange Release.

LÄNNEN TEHTAAT PLC

Erkki Lepistö
CEO


More details: Erkki Lepistö, tel. +358 10 402 4001

Distribution:
Helsinki Stock Exchange
Main media
www.lannen.fi

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