DECISIONS BY DONE SOLUTIONS CORPORATION'S EXTRAORDINARY GENERAL MEETING ON DECEMBER 19, 2005
Done Solutions Corporation Stock Exchange Release December 19, 2005, at 1.00 pm
DECISIONS BY DONE SOLUTIONS CORPORATION'S EXTRAORDINARY GENERAL MEETING ON DECEMBER 19, 2005 1. Increase of Share Capital As proposed by the Board of Directors, the Extraordinary General Meeting (EGM) decided that the Company's share capital be increased by EUR 800,000.00 by issuing 10,000,000 new shares at a per-share book counter-value of EUR 0.08 for subscription by Gateway Finland Oy, in payment of the acquisition of Sunob Holding Oy's share capital based on the agreement concluded on November 30, 2005. The share subscription price is EUR 0.17 per share, corresponding to the trade- weighted average of Done Solutions Corporation shares quoted on the Helsinki Stock Exchange between October 1 and 31, 2005. In payment of share subscriptions, Gateway Finland Oy will transfer Sunob Holding Oy's share capital, EUR 25,736.62 in loan receivable and EUR 1,217,599.10 in subordinated loan receivable from Sunob Holding Oy. The value of Sunob Holding Oy's share capital totals EUR 456,664.28. Consequently, the property given as subscription in kind totals EUR 1,700,000.00. The new shares entitle their holders to a full dividend as of the accounting period beginning on January 1, 2006. The new shares were subscribed and paid immediately after the meeting. 2. Covering of Losses As proposed by the Board of Directors, the EGM decided that the Company's confirmed losses of EUR 493,486.34 be covered by reducing the contingency fund by EUR 192,260.50 and the issue premium fund by EUR 301,225.84. Done Solutions Corporation Pekka Pystynen President and CEO For further information, please contact: Pekka Pystynen, President and CEO, tel. +358 (0)205 253427, gsm +358 (0)50 0508 962, pekka.pystynen@donesolutions.com http://www.donesolutions.com Distribution: Helsinki Stock Exchange Major media With its shares having been quoted on the Helsinki Stock Exchange's NM List since 2001, Done Solutions is organized into three business units: Done Logistics provides comprehensive logistics systems, based on automated materials-handling and supporting information systems; Done Information provides multilingual documentation services; and Tiolat provides iCare-tonometers for eye specialists and opticians. The Group's largest customers are based in the Nordic countries, Central Europe and the United States.