Press release from Micronic and its nomination committee

As previously announced Christer Elmehagen will leave his assignment as Chairman of the Board in Micronic Laser Systems AB (publ.). Christer Elmehagen resigns as Board Member and as Chairman of the Board for Micronic on March 29, 2009. Thereby he also resigns as Board Member in Micronic’s nomination committee. At the same time Vice Chairman Göran Malm takes place as Chairman of the Board until the AGM 2009.

With regard to these circumstances the nomination committee gives the following adjusted proposal to Micronic’s AGM on April 1, 2009:

Chairman of the AGM
The nomination committee proposes that attorney Hans Wibom is elected Chairman of the AGM.

Resolution regarding number of board members and deputy board members to be elected by the AGM
The nomination committee proposes that the Board of Directors for the period running until the end of the next AGM shall be composed of six members with no deputy members.

Determination of fees for the members of the Board of Directors
The nomination committee proposes that the total remuneration to the Board of Directors amount to SEK 1,575,000 for the period running until the end of the next AGM, of which SEK 500,000 concern remuneration to the Chairman of the Board, SEK 275,000 concern remuneration to the Vice Chairman of the Board, and SEK 200,000 concern remuneration to each of the other Board Members who are not employed by the Company. In addition, the nomination committee proposes remuneration to Board Members with an assignment in the audit and remuneration committee amounting to not more than in aggregate SEK 250,000, to be distributed with SEK 50,000 per Member and assignment, for the period running until the end of the next AGM.

Election of members and Chairman of the Board of Directors
The nomination committee proposes re-election of the Board Members Sigrun Hjelmquist, Magnus Lindquist, Sven Löfquist, Göran Malm, Lena Treschow Thorell and new election of Åke Svensson, for the period running until the end of the next AGM. It is proposed that Lena Treschow Thorell is elected Chairman of the Board and that Göran Malm is elected Vice Chairman of the Board. Jörgen Centerman has declined re-election.

For more information, please contact
Annika Andersson, chairman of the nomination committee
Telephone: +46 8 787 75 69