Ponsse Oyj - Notice to general meeting

NOTICE OF ANNUAL GENERAL MEETING

PONSSE OYJ STOCK EXCHANGE RELEASE 08.04.08, 4:30 P.M.                           

NOTICE OF ANNUAL GENERAL MEETING                                                

Ponsse Oyj's shareholders are hereby invited to attend the Annual General       
Meeting to be held on Thursday 29.04.08 at 10 am in the auditorium of the       
Company's customer service centre at Ponssentie 22, 74200 Vieremä.              

ITEMS OF BUSINESS TO BE PRESENTED                                               

1. Matters to be reviewed by the AGM under Article 10 of the Articles of        
Association                                                                     

2. The Board of Directors' proposal for an amendment to the Articles of         
Association                                                                     

The Board of Directors proposes to the Annual General Meeting that Article 6 of 
the Articles of Association (the right to represent the Company) be amended.    
Pursuant to the proposal, besides the Board of Directors, the Company shall also
be represented by two Board members together and the President and CEO together 
with one Board member. In addition, the Board may issue authority to sign or    
right to represent the Company to an appointed person so that two of the        
authorised persons represent the Company jointly or together with one Board     
member or the President and CEO.                                                

Furthermore, the Board of Directors proposes that the Annual General Meeting    
authorise the Board of Directors to make any technical changes to the Articles  
of Association that may be required to record the Articles of Association in the
Trade Register.                                                                 

3. The Board of Directors' proposal for authorising the Board of Directors to   
acquire Company's own shares                                                    

The Board of Directors proposes that the Annual General Meeting to be held on 29
April 2008 authorise the Board of Directors to decide on the acquisition of a   
maximum of the Company's own shares under the following conditions:             

The authorisation includes the right to acquire a maximum of 250,000 of the     
Company's own shares in one or more instalments.                                

The Board may pursuant to the authorisation decide upon acquisition of the      
Company's own shares only with the Company's unrestricted shareholders' equity. 

The shares shall be acquired in public trading organised by the OMX Nordic      
Exchange Helsinki at the market price valid at any given time. The minimum price
for the shares to be acquired is the lowest market price quoted for a share in  
public trading during the validity of the authorisation, and correspondingly,   
the maximum price is the highest market price quoted for a share in public      
trading during the validity of the authorisation. The acquisition of shares     
shall be carried out in accordance with the regulations of the OMX Nordic       
Exchange Helsinki and the Finnish Central Securities Depository.                

The authorisation shall be required for the Company's potential corporate       
acquisitions or other arrangements. In addition, the shares can be relinquished 
to the Company's existing shareholders, sold in public trading, used for        
developing the Company's equity structure or as part of the implementation of an
incentive scheme in the Company and/or its subsidiaries.                        
The authorisation includes the right of the Board to decide upon all other terms
and conditions in the acquisition of own shares.                                

The authorisation is proposed to be valid until the next Annual General Meeting,
however, no later than 30 June 2009.                                            

4. The Board of Directors' proposal for granting the Board authorisation for    
share issue by assigning the Company's own shares                               

The Board of Directors proposes that the Annual General Meeting to be held on 29
April 2008 authorise the Board of Directors to decide on the assigning of the   
Company's own shares under the following conditions:                            

The Board of Directors can under the authorisation decide on assigning of the   
Company's own shares in its possession so that the maximum number of shares     
assigned under the authorisation is 300,000.                                    
The authorisation is suggested to be used in the Company's potential corporate  
acquisitions or other arrangements. In addition, the shares can be relinquished 
to the Company's existing shareholders, sold in public trading, used for        
developing the Company's equity structure or as part of the implementation of an
incentive scheme in the Company and/or its subsidiaries.                        

The authorisation includes the right of the Board to decide upon all other terms
and conditions of the share issue. Thus, the authorisation includes a right to  
organise a directed issue in deviation of the shareholders' subscription rights 
under the provisions prescribed by law.                                         
The authorisation is proposed to be valid until the next Annual General Meeting,
however, no later than 30 June 2009.                                

5. Proposal for the payment of profit bonus to the staff                        

The Board proposes to the Annual General Meeting that a profit bonus of EUR 90  
be paid to the staff of Ponsse Corporation for each complete working month in   
2007.                                                                           

DOCUMENTS ON DISPLAY FOR PUBLIC INSPECTION AND ANNUAL REPORT                    

Financial statement documents and the above-mentioned proposals of the Board    
will be available for inspection at the Company's premises at Ponssentie 22,    
Vieremä for one week prior to the meeting. The Board proposals are available in 
full also on the Internet at http://www.ponsse.com/yhtiokokous. Copies of the   
documents will be sent to shareholders on request. The Annual Report for 2007   
will be published during week 15.                                               
ELIGIBILITY TO ATTEND                                                           

To be eligible to attend the Annual General Meeting, shareholder shall be       
registered in the share register kept by the Finnish Central Securities         
Depository Ltd by 18 April 2008.                                                

Shareholders wishing to attend the Annual General Meeting should notify the     
Company of their intention to do so by 4 pm Finnish time on Tuesday 23 April    
2008 either by writing to Ponsse Corporation, Share Register, FI-74200 Vieremä, 
Finland, by telephone on +358 (0)20 768 800, by fax on +358 (0)20 768 8690, or  
online at www.ponsse.com/agm2006. Written notifications must arrive before the  
above-mentioned deadline. Any power of attorneys should be enclosed with the    
notification to attend the meeting.                                             

PAYMENT OF DIVIDEND                                                             

The Board has decided to propose to the Annual General Meeting that a dividend  
of EUR 0.50 per share be paid. The dividend will be paid to shareholders        
registered on the matching day, 5 May 2008, in the Company's register of        
shareholders kept by the Finnish Central Securities Depository Ltd. The Board   
proposes to the Annual General Meeting that the dividend be paid on 12 May 2008 
once the matching period has expired.                                           
Vieremä, 15 February 2008                                                       

PONSSE CORPORATION                                                              
BOARD OF DIRECTORS                                                              


Further information: Mikko Paananen, CFO, +358 400 817 036                      

DISTRIBUTION:                                                                   

Helsinki Stock Exchange                                                         
Principal media                                                                 
www.ponsse.com