EXTRAORDINARY GENERAL MEETING OF PROHA PLC APRIL 27, 2000

EXTRAORDINARY GENERAL MEETING OF PROHA PLC APRIL 27, 2000 The Extraordinary General Meeting of Proha Plc has decided 1) on increasing the share capital with directed issues to the shareholders of Safran Software Solutions AS in Norway, 2) on authorising the Board of Directors to issue shares and 3) on canceling the unused portions of the authorisations to issue shares. The Board of Directors' proposal to increase the share capital by 390.000 euros with a directed issue to the shareholders of Safran Software Solutions AS was accepted. The Board of Directors' proposal to authorise the Board of Directors within one year of this General Meeting to decide on one or more occasions to increase the share capital with an issue of maximum 890.000 shares was accepted. With these shares the company's share capital can increase by the maximum of 1.157.000,00 euros. This authorisation entitles the Board of Directors to deviate from the shareholder's pre-emptive subscription right and to decide on the calculation basis of the subscription price, as well as to decide on the subscription price and other conditions. This authorisation is meant to be used on company acquisitions. According to the Board of Directors' proposal it was decided to cancel all earlier authorisations to issue shares on their unused portions. The minutes of the General Meeting are available for a view from April 28, 2000 at Proha Plc, Maapallonkuja 1 A,02210 Espoo. Proha Plc Pekka Pere CEO More information PROHA PLC CEO Pekka Pere, Tel. +358 20 4362 000 pekka.pere@proha.fi http://www.proha.fi DISTRIBUTION: Helsinki Stock Exchange Major media ------------------------------------------------------------ Please visit http://www.bit.se for further information The following files are available for download: http://www.bit.se/bitonline/2000/04/27/20000427BIT01580/bit0001.doc http://www.bit.se/bitonline/2000/04/27/20000427BIT01580/bit0002.pdf