Report from the annual general meeting of Teleca AB (publ) held on 27 April 2005

Teleca’s annual general meeting on 27 April 2005 adopted the parent company’s and the group’s accounts. It further discharged the board of directors and the CEO from liability. The CEO, Dag Sundström, commented on the group’s operations and the interim report, which was distributed earlier during the day.

Dividend The annual general meeting decided in accordance with the proposal of the board that no dividend would be paid for 2004. Board of directors and board fee Konstantin Caliacmanis, Juha Christensen, Göran Larsson, Gunder Lilius, Dan Olofsson and Johan Vunderink were re-elected to the board of directors. Anders Torstensson, Vice President within Flextronics´ business ODM Products, was newly elected to the board. The board fee was fixed at SEK 700,000, to be distributed among the board members. At the statutory meeting of the Board following the annual general meeting, Dan Olofsson was re-elected Chairman. Nomination Committee The annual general meeting decided to assign to the Chairman of the Board to – based upon the shareholding at the end of September 2005 – convene a Nomination Committee comprising the Chairman of the Board and one representative of each of the four largest shareholders in the company at that time. The names of the members of the Nomination Committee shall be published during the month of October 2005. The Nomination Committee shall propose the Board of Directors to be elected at the Annual General Meeting 2006. The Nomination Committee shall remain until the next nomination committee has been elected. In case any member of the Nomination Committee should resign or cease to represent one of the largest shareholders in the Company, then the Nomination Committee shall be entitled to replace such member with another representative of the largest shareholders. Authorisation of the board to decide on new issues of shares The board was authorised to decide on new issues of up to a total of 3,000,000 series B shares and to deviate from the shareholders’ pre-emptive rights. The purpose of the authorization is primarily to facilitate financing of acquisitions and secondary to facilitate a strengthening of the company’s financial position. For more information please contact: - Johannes Rudbeck, Investor Relations Manager, Teleca AB, mobile: +46705825656