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DECISIONS OF PONSSE?S ANNUAL GENERAL MEE

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PONSSE OYJ    STOCK EXCHANGE BULLETIN   20 MARCH 2003 13.00 P.M.



DECISIONS OF PONSSE’S ANNUAL GENERAL MEETING

Ponsse Oyj’s Annual General Meeting on 20 March 2003 ratified the
company’s financial statements for the year 2002.

The Board of Director’s proposal to distribute a dividend of EUR
0.65 per share to shareholders was approved. The dividend’s
matching date is 25 March 2003 and dividend payments will begin on
1 April 2003.

The Board of Director’s proposal to distribute a bonus to the
company’s personnel was also approved. The bonus is EUR 300 for
persons employed during the entire year.

The Annual General Meeting decided to grant exemption from
liability to the members of the parent company’s Board of
Directors and Presidents, CEOs for the financial period 1 January
– 31 December 2002.

Einari Vidgrén, Ilkka Kylävainio, Samuli Perttala, Orvo Siimestö,
Juha Vidgrén and Mika Vidgrén were elected to the Board of
Directors.

Ernst & Young Oy was selected as Certified Public Accountants.

In the meeting of the Board of Directors held following the Annual
General Meeting, Industrial Counsellor Einari Vidgrén was elected
as Chairman of the Board. Juha Vidgrén, M.Sc. (Educ.), was elected
as vice chairman.


Vieremä, 20 March 2003.


Mikko Paananen
Chief Financial Officer, CFO


Further information:  CFO Mikko Paananen, tel. +358 17 768 4648
               President, CEO Tommi Ruha, tel. +358 17 768 4621

www.ponsse.com

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