Release from LGP Telecom Holding ABs Annual General Meeting 2002

Release from LGP Telecom Holding ABs Annual General Meeting 2002 The following was resolved at yesterday's regularly scheduled Annual General Meeting of LGP Telecom: - That no dividend would be declared for the 2001 financial year and that the profit for 2001 (about MSEK 10.7) would be carried forward. - Re-election of directors Dag Tigerschiöld, Mikael Gottschlich, Bengt Broman, Sven Hagströmer, and Mats Gustavsson. Björn Norrbom had declined to be re-elected. - Resolution regarding amendment of the Articles of Association (§ 9) so that general meetings of shareholders may be held in Botkyrka as well as Falköping and Stockholm. - The Chairman of the Board of Directors was authorized to draft and well in advance of the regularly scheduled Annual General Meeting to be held 2003 present a proposal for a nomination committee consisting of the Chairman and two to four other members of the Board of Directors. The nomination committee will prepare and make recommendations to the Annual General Meeting for election of directors with broad support among the Company's shareholders. The committee will also propose fees to be paid to directors. At the statutory meeting of the Board of Directors held the same day, it was decided that Dag Tigerschiöld would continue to serve as Chairman of the Board of Directors and that Mikael Gottschlich would be elected to the post of Vice Chairman. Stockholm, April 24, 2002 LGP Telecom Holding AB (publ) For more information, contact: Bengt Broman, President and CEO Phone +46-8-50 74 80 00, mobile +46-70-570 10 30 The LGP Group manufactures telecom products that improve radio coverage, capacity and data transmission speed in mobile communication networks. LGP conducts advanced research and development in the field of integrated RF filter solutions. The Group has production, global marketing and sales. In its niche, the Company is also a leading contract manufacturer of advanced industrial components. The Group has five production units and about 720 employees. ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2002/04/24/20020424BIT01340/wkr0001.doc http://www.waymaker.net/bitonline/2002/04/24/20020424BIT01340/wkr0002.pdf