The Annual General Meeting of Tripep AB

The Annual General Meeting of Tripep AB was held in Stockholm on 9 April, 2008.

Annual Report and discharge from liability
The company’s Income Statement and Balance Sheet were adopted and the Board of Directors and the Chief Executive Officer were discharged from liability for the financial year 2007.

Election of Board of Directors and Chairman of the Board and compensation to the Board
Thomas Lynch, Anders Vahlne and Matti Sällberg were appointed to the Board of Directors, (all re-elected).

Thomas Lynch was re-elected as Chairman of the Board.

The Meeting resolved that no directors’ fees shall be payable.

Reversed stock split
The Meeting approved the Board’s proposal to carry out a reversed stock split 1:10 and to amend the articles of association accordingly. The Board of Directors was authorized to resolve the record date.

Authorisation to issue shares, convertibles debentures and warrants
The Meeting authorized the Board of Directors to resolve, at one or more occasions until the next Annual General Meeting, to issue new shares, convertible debentures and/or warrants with consideration in cash or in kind or by set-off or otherwise with conditions and thereby be able to resolve to disapply the share¬holders pre-emption rights.

Nomination Committee
The Annual General Meeting resolved to appoint a Nomination Committee comprising the Chairman of the Board Thomas Lynch, Erik Selin and Peter Horal. The task of the Nomination Committee is to submit proposals for Board members and Board fees ahead of the Annual General Meeting 2009.

For more information, please contact:
Jan Nilsson, CEO, Tripep AB
Tel: +46 8 449 84 80, mobile phone: +46 70 466 31 63 E-mail: jan.nilsson@tripep.se
Anders Vahlne, Head of Research, Tripep AB
Tel: +46 8 5858 1313, mobile phone: +46 709 28 05 28 E-mail: anders.vahlne@ki.se