ASPOCOMP’S AGM: YOSHIKI SASAKI ELECTED AS NEW BOARD MEMBER

ASPOCOMP GROUP PLC  STOCK EXCHANGE RELEASE  April 10, 2006 at 2:35 PM

ASPOCOMP’S AGM: YOSHIKI SASAKI ELECTED AS NEW BOARD MEMBER
The Annual General Meeting of Aspocomp Group Plc on April 10, 2006, decided

according to the Board of Director’s proposal not to pay dividends for 2005. The

Financial Statements for 2005 were adopted and the members of the Board and the

company’s President and CEO were discharged from liability for the fiscal year.
The Annual General Meeting decided that the number of Board members is six. Aimo

Eloholma, Roberto Lencioni, Tuomo Lähdesmäki, Gustav Nyberg and Anssi Soila were

re-elected as Board members and Yoshiki Sasaki, a Japanese citizen, was elected

as a new member.
The Meeting decided that the remunerations to the members of the Board of

Directors remain the same as in 2005. An annual remuneration of 35,000 euro will

be paid to the chairman of the Board, 25,000 euro to the deputy chairman, and

15,000 euro to the members. The chairman will be paid 1,500 euro per meeting, and

deputy chairman and other members 1,000 euro per meeting. 500 euro will be paid

per committee meeting. In addition to the annual remunerations, a member of the

Board residing abroad will receive 1,500 euro per meeting and reasonable travel

and accommodation expenses arising from the meeting.
The authorized public accounting firm PricewaterhouseCoopers Oy was re-appointed

as auditor for 2006. The fee to the auditor will be paid according to invoice.
The Annual General Meeting authorized the Board of Directors to decide on

increasing the share capital through one or several new subscriptions and/or to

take up one or several convertible loans and/or issuing option rights. In this

connection, the share capital may be increased by an aggregate maximum amount of

EUR 4,016,410 and the aggregate maximum amount of votes attached to the new

shares to be given is 4,016,410. The decision was made according to the Board’s

proposal, presented fully in the invitation to the meeting that was published as

a stock exchange release on March 13, 2006. The authorization is in force for one

year from the decision date.
The Board was authorized to decide on conveyance of a maximum of 200,000

company’s own shares with book-counter value of EUR 1.00. The Board will decide

on to whom, under which conditions, and what number of own shares will be

conveyed, and other related conditions. The shares may be conveyed to finance and

facilitate corporate acquisitions or other arrangements, or for key personnel

incentives, or they may be sold in public trading. The decision was made

according to the Board’s proposal, presented fully in the invitation to the

meeting that was published as a stock exchange release on March 13, 2006. The

authorization is in force for one year from the decision date.
The Annual General Meeting decided to issue stock options to the key personnel of

the Aspocomp Group as well as to a wholly owned subsidiary of Aspocomp Group Plc

as part of an incentive and commitment program for the key personnel. The maximum

total number of stock options issued is 930,000. Each stock option entitles its

owner to subscribe for one share with a book-counter value of EUR 1.00. A

subsidiary cannot subscribe for shares by virtue of stock options. The stock

options will be gratuitously distributed.
– 310,000 stock options will be marked with the symbol 2006A,

– 310,000 will be marked with the symbol 2006B, and

– 310,000 will be marked with the symbol 2006C.
The share subscription period for stock options will be the following:

– For stock options 2006A, 1 May 2008 – 31 May 2010

– For stock options 2006B, 1 May 2009 – 31 May 2011

– For stock options 2006C, 1 May 2010 – 31 May 2012
The share subscription period for the stock options cannot commence unless

certain criteria, decided by the Board of Directors before the distribution of

the stock options, have been attained. The Aspocomp Group’s key personnel are

obliged to acquire the company’s shares with a certain proportion of the income

gained from the stock options, in the manner determined by the Board while

deciding to distribute the stock options. The Board’s proposal and the conditions

related to the stock options are presented fully in the invitation to the Annual

General Meeting, published as a stock exchange release on March 13, 2006.
The meeting amended the “Article 8 Minutes” of the Articles of Association. The

minutes will be signed in accordance with the Finnish Companies Act and thereby

the second sentence of the article will be removed. The amended article will read

as follows:
“Minutes shall be kept of meetings of the Board, in which those participating in

the meeting and the decisions made shall be recorded.”
For further information, please contact Maija-Liisa Friman, CEO,

tel. +358 9 7597 0711.
ASPOCOMP GROUP OYJ
Maija-Liisa Friman

President and CEO
Distribution:

Helsinki Stock Exchange

Major media

www.aspocomp.com