Communiqué from Annual General Meeting of Micronic Laser Systems AB (publ.)

Communiqué from Annual General Meeting of Micronic Laser Systems AB (publ.) Taby, Sweden, March 25, 2004 -- Micronic Laser Systems AB (Stockholmsborsen's Attract 40: MICR), a leading manufacturer of laser pattern generation equipment for the worldwide semiconductor, display and electronic packaging industries, today disclosed the following decisions made at the Company's Annual General Meeting (AGM), held March 24: Appropriation of accumulated loss The AGM resolved in favor of the Board's and CEO´s proposal regarding appropriation of accumulated loss, which is that the accumulated loss be carried forward. Remuneration to the Board of Directors The AGM decided that the Board of Directors' remuneration, totalling 1,275,000 SEK, be distributed between the directors according to the Board's own decision. Election of Board members The AGM re-elected Hans Fletcher, Sven Lofquist, Goran Malm, Christer Zetterberg and Lars Ojefors and elected Jorgen Centerman, Lars Nyberg and Lena Torell as new members of the Board until the end of the next AGM. Remuneration committee and auditing committee The AGM assigned the Board of Directors to appoint a remuneration committee and auditing committee. Nomination committee The AGM decided to appoint a nomination committee representing the four major shareholders at the end of 2004. The representatives will be announced as soon as they have been appointed. Company contact: Sven Lofquist President & CEO Tel: +46 8 638 52 00 sven.lofquist@micronic.se Agency contact: Luz Rodriguez Loomis Group, Inc. Tel: +33 1 58 18 59 30 rodriguezl@loomisgroup.com Micronic Laser Systems is a Swedish high-tech company engaged in the development, manufacture and marketing of a series of extremely accurate laser pattern generators for the production of photomasks. The technology involved is known as microlithography. Micronic´s systems are used by the world´s leading electronics companies in the manufacture of television and computer displays, semiconductor circuits and semiconductor packaging components. Micronic is located in Taby, north of Stockholm and at present has subsidiaries in the United States, Japan and in Taiwan. The company has 342 employees. Micronic maintains a web site at: http://www.micronic.se ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2004/03/25/20040325BIT20120/wkr0006.pdf Complete document