ASPOCOMP GROUP OYJ STOCK EXCHANGE RELEASE April 2, 2004 at 5:05PM 1(3)DECISIONS OF ASPOCOMP GROUP OYJ’S ANNUAL GENERAL MEETING AND ASPOCOMP
GROUP OYJ’S BOARDDecisions of the Annual General Meeting
The Annual General Meeting of Aspocomp Group Oyj on April 2, 2004,
decided according to the Board’s proposal that a dividend of EUR 0.30
per share will be distributed for fiscal year 2003. The dividend will
be paid to a shareholder who has been registered as a shareholder in
the Shareholder’s Register kept by the Finnish Central Securities
Depository no later than April 7, 2004. The dividend will be paid on
April 16, 2004.Financial Statements for 2003 were adopted and the Members of the Board
of Directors and the Company’s President and CEO and his deputy were
discharged from liability for fiscal year 2003.The Annual General Meeting approved the Board’s proposal concerning an
amendment to Sections 6 and 15 of the Articles of Association. The
Articles of the Association were amended so that the Board Members
shall be elected for one year’s term of office at a time. The Board’s
proposal has been published by a stock exchange release on February 27,
2004.The Annual General Meeting decided that the number of Board Members is
six. Mr Aimo Eloholma, Mr Roberto Lencioni, Mr Tuomo Lähdesmäki, Mr
Gustav Nyberg and Mr Karl Van Horn were re-elected as Board Members and
Mr Anssi Soila was elected as a new Board Member. Authorized public
accounting firm PricewaterhouseCoopers Oy was appointed as auditor.The Annual General Meeting decided that the Chairman of the Board’s
remuneration is EUR 35,000 per year, Vice-Chairman’s remuneration is
EUR 25,000 per year and the other Board Member’s remuneration is EUR
15,000 per year. In addition, EUR 1,500 per actual Board Meeting shall
be paid to the Chairman of the Board and EUR 1,000 per actual Board
Meeting shall be paid to the other Board Members. The authorized public
accountants will be paid according to invoice.The Annual General Meeting approved the Board’s proposal to authorize
the Board to decide on the acquisition of its own shares. The Board’s
proposal has been published by a stock exchange release on February 27,
2004.The Annual General Meeting approved the Board’s proposal to authorize
the Board to decide on the conveyance of its own shares. The Board’s
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proposal has been published by a stock exchange release on February 27,
2004.The Annual General Meeting approved the Board’s proposal to authorize
the Board to decide on a share capital increase by new issues and/or on
taking convertible loans. The Board’s proposal has been published by a
stock exchange release on February 27, 2004.Aspocomp Group Oyj’s Board
The Board of Directors has re-elected Mr Tuomo Lähdesmäki as Chairman
of the Board. The Board of Directors has elected Mr Karl Van Horn as
Vice-Chairman.The Board of Directors has elected Mr Aimo Eloholma, Mr Roberto
Lencioni and Mr Tuomo Lähdesmäki as Members of the Compensation
Committee and the Nomination Committee and Mr Tuomo Lähdesmäki as
Chairman of these two committees. As Members of the Audit Committee,
the Board of Directors has elected Mr Karl Van Horn, Mr Gustav Nyberg
and Mr Anssi Soila. The Board of Directors has elected Mr Gustav Nyberg
as Chairman of the Audit Committee.The Board of Directors has decided that each Board Member shall invest
40% of the annual remuneration of the Board Member of Aspocomp Group
Oyj to acquire the Company’s shares during May 10 – June 18, 2004,
taking into consideration the limitations of insider regulations. In
addition, the Board of Directors has decided not to convey the shares
before the Annual General Meeting of 2005.For more information, please contact Ms Maija-Liisa Friman, President
and CEO, tel. +358 400 488 932.ASPOCOMP GROUP OYJ
Maija-Liisa Friman
President and CEOASPOCOMP IN BRIEF
The Aspocomp Group’s offering includes high-tech electronic components
and services such as manufacturing and designing printed circuit boards
as well as manufacturing of mechanics and modules. Aspocomp’s products
are used in the electronics industry as in mobile devices,
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telecommunications infrastructure, cars and in other industrial
applications. Aspocomp Group’s production sites are located in Finland,
China and Thailand. The Group net sales in 2003 were about EUR 180
million and the number of the personnel was about 3300. The Group
parent company Aspocomp Group Oyj has been listed on the Helsinki
Exchanges since 1999.Distribution:
Helsinki Exchanges
Press and Media
www.aspocomp.com