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DECISIONS OF THE ANNUAL GENERAL MEETING ON 15 MARCH, 2005

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KYRO CORPORATION   STOCK EXCHANGE RELEASE 15 March 2005 06.00 pm


DECISIONS OF THE ANNUAL GENERAL MEETING ON 15 MARCH, 2005

The Annual General Meeting of Kyro Corporation held on 15 March, 2005 decided on
the matters pertaining to the Annual General Meeting under article 14 of the
Articles of Association. The meeting approved the financial statements for 2004
and released the Board of Directors and the President from liability for the
fiscal year.

The Annual General Meeting carried the Board of Directors' new proposal 15 March,
2005 to pay a dividend of EUR 0.07 per share totalling EUR 5.5 million. The
dividend will be paid to shareholders who are registered on 18 March, 2005 in the
company's shareholder register maintained by the Central Securities Deposity Ltd.
The dividend will be paid on 29 March, 2005.

As the auditor of Kyro Corporation was elected KPMG Oy Ab as the responsible
auditor, Authorised Public Accountant.

The Annual General Meeting authorised the Board of Directors to acquire the
company's own shares for the purpose of using them as consideration in possible
acquisitions, to finance investments, or in other industrial arrangements, or to
be conveyed in other ways, or to be invalidated.

According to the authorisation the Board of Directors may acquire the company's
own shares using assets available for distribution of profits, provided that the
combined nominal value of the acquired shares together with any shares already in
the possession of the company corresponds to a maximum of 5 per cent of the
company's total share capital at the moment of acquisition. According to the
authorisation the Board of Directors may decide on the manner and scope of the
acquisition of the company's own shares.

The company's own shares may be acquired in accordance with a decision of the
Board of Directors either through a purchase offer made to all shareholders on
equal terms in proportion to their shareholdings and at the same price determined
by the Board of Directors, or through public trading on the Helsinki Exchanges at
the market price of the shares at the time of the acquisition.

The Annual General Meeting authorised the Board of Directors to decide on the
conveyance of the company's own shares. The own shares may be used as
consideration in possible business acquisitions, to finance investments and in
other industrial
arrangements in a way and scope determined by the Board of Directors. The own
shares may also be conveyed through public trading on the Helsinki Exchanges.

The shares may be conveyed at least at the market value of the shares at the time
of conveyance. The shares may also be conveyed against other compensation than
money.

The authorisation to acquire and convey the company's own shares is valid for a
period of one year beginning from the decision of the Annual General Meeting on
15 March, 2005. The authorisations given to the Board of Directors at the Annual
General Meeting on 17 March, 2004 to acquire and convey the Company's own shares,
were cancelled.

Carl-Johan Numelin was elected in the meeting of the new Board of Directors held
in 15 March, 2005 as Chairman of the Board of Directors and Christer Sumelius as
Vice Chairman. The members of the Audit Committee Lars Hammarén, Heikki Mairinoja
and Carl-Johan Numelin (chairman) were re-elected. The members of the
Remuneration Committee Klaus Cawén, Christer Sumelius and Carl-Johan Numelin
(chairman) were re-elected.

Further information and   Chief Financial Officer, Vesa Hopia
Investor relations:       Tel. +358 3 382 3111

Distribution:             Helsinki Stock Exchange
                          Principal Media

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