Annual General Meeting in Pergo

The Annual General Meeting resolved to adopt the Parent Company Income Statement and Balance Sheet as well as the Consolidated Income Statement and Balance Sheet. The Meeting resolved that no dividends shall be distributed for the financial year 2005. The Meeting discharged the members of the Board and the CEO from liability for the fiscal year 2005. The Meeting resolved that there shall be seven members of the Board. The current board members Bertil Villard, Roger Buehler, Theodor Dalenson, Jan Söderberg and Katarina Wendt Englund were re-elected. David Marcus and Henry Guy were elected new members of the Board. David Marcus is the founder and part owner of M2 Capital Management, L.P. and member of the Board of Modern Holdings, Inc. (Chairman), Novestra AB, Shared Value, Modern Times Group MTB AB, Scribona AB and Carl Lamm AB. Henry Guy is President of Modern Holdings Inc. and member of the Board of Metro International S.A., Basset Telecom Solutions, Xpeedio AB, Netcom Consultants AB and Tailor Made Consulting Group AB. The Meeting re-elected Bertil Villard as Chairman of the Board. Kurth Augustson and Karl Stenström, who left the Board as of the Annual General Meeting, were acknowledged for their contributions by Bertil Villard, Chairman of the Board. The Meeting approved the compensation to the Board for 2006 totalling 2,150,000 kronor to be divided as follows: 650,000 kronor to the Chairman, 250,000 kronor to the other members of the Board not employed in the Company. The Meeting approved the proposal for the Nomination Committee. The Meeting approved the Board's proposals regarding changes to the Articles of Association required by the new Swedish Companies Act, which entered into force on January 1, 2006. The Meeting approved the Board's proposal regarding the principles for compensation and other terms of employment for the senior management for 2006.