PKC Group Oyj - Decisions of general meeting

RESOLUTIONS OF PKC GROUP OYJ'S ANNUAL GENERAL MEETING AND BOARD OF DIRECTORS

PKC Group Oyj           Company Announcement    30 March 2011 3.15 p.m.

RESOLUTIONS OF PKC GROUP OYJ'S ANNUAL GENERAL MEETING AND BOARD OF DIRECTORS



The Annual General Meeting of PKC Group Oyj held on 30 March 2011 adopted the
annual accounts and resolved to pay a dividend of EUR 0.55 per share. The Board
members and the CEO were discharged from liability for 2010. The General
Meeting also resolved on the election and remuneration of the Board of
Directors and the Auditor in accordance with Board's proposals. Proposals by
the Board of Directors to authorise the Board of Directors to decide on share
issue and upon donations to good causes were accepted. 



DIVIDEND



The Annual General Meeting resolved to pay a dividend of EUR 0.55 per share.
Dividend will be paid to shareholders who on the record date on 4 April 2011
are registered as shareholders in the Company's shareholders' register
maintained by Euroclear Finland Ltd. The payment date is 11 April 2011. 



DISCHARGE FROM LIABILITY



The Board members and the CEO were discharged from liability for 2010.



BOARD OF DIRECTORS AND AUDITOR



The number of Board members was confirmed to be 6. Matti Hyytiäinen, Outi
Lampela, Endel Palla, Olli Pohjanvirta, Matti Ruotsala and Jyrki Tähtinen were
re-elected as Board members. It was decided to pay the Chairman EUR 60,000 per
term, Vice-Chairman EUR 45,000 per term and other members EUR 30,000 per term
as well as travel and accommodation expenses related to Board meetings, in
addition to which the chairman and members of the audit committee are paid an
additional annual remuneration of EUR 5,000. 



Authorised public accountant firm KPMG Oy Ab, which has announced Virpi
Halonen, APA, to be the Auditor with principal responsibility, was selected as
auditor. Auditor's fees and travel expenses are paid in accordance with
reasonable invoice. 



In the Board of Directors' organisation meeting Matti Ruotsala was appointed as
the Chairman and Jyrki Tähtinen as Vice-Chairman. The Board evaluated the
independence of its members and, according to evaluation, the majority of all
directors (5 members: Hyytiäinen, Lampela, Pohjanvirta, Ruotsala and Tähtinen)
are independent of the company and of its significant shareholders. 



In the Board of Directors' organisation meeting Outi Lampela was elected as the
chairman of the Audit Committee and Matti Hyytiäinen and Olli Pohjanvirta as
members. The Board also elected Matti Ruotsala as chairman of the Nomination
Committee and Endel Palla and Jyrki Tähtinen as members. 



AUTHORISATON TO THE BOARD OF DIRECTORS TO DECIDE ON SHARE ISSUE



The General Meeting resolved, in accordance with the Board of Directors
proposal, to authorise the Board of Directors to decide on share issue and
granting of special rights defined in Chapter 10, Section 1 of the Companies
Act and all the terms and conditions thereof. A maximum total of 6,000,000
shares may be issued or subscribed for on the basis of authorisation. The
authorisation includes the right to decide on directed share issue. The
authorisation is in force for five years from the date of the General Meeting's
decision. At Board of Directors' discretion the authorisation may be used e.g.
in financing possible corporate acquisitions, inter-company co-operation or
similar arrangement, or strengthening company's financial or capital structure
etc. The authorisation revokes the authorisation granted on 29 March 2007. 



DONATIONS TO GOOD CAUSES



The General Meeting resolved, in accordance with the Board of Directors
proposal, to authorise the Board of Directors to decide on a donation of no
more than EUR 150,000 to Finnish universities either directly by the company or
through its subsidiaries. The authorisation would entitle the Board to make a
more detailed decision on whether the sum is donated to one or more
universities, as well as on other terms and conditions of the donation. The
authorisation is effective until 30 June 2011. 



DOCUMENTS



The documents of the General Meeting are available on the Company's website at
www.pkcgroup.com. The minutes of the meeting will be available on the
above-mentioned website as from 4 April 2011. 



PKC Group Oyj

Board of Directors



Harri Suutari

President&CEO





For additional information, contact:

Harri Suutari, President & CEO, PKC Group Oyj, +358 400 384 937





DISTRIBUTION

NASDAQ OMX

Main media

www.pkcgroup.com





The PKC Group offers design and contract manufacturing services for wiring
harnesses, cabling and electronics. The Group has production facilities in
Finland, Brazil, China, Mexico, Poland, Estonia and Russia. The Group's net
sales in 2010 totalled EUR 316.1 million. PKC Group Oyj is listed on NASDAQ OMX
Helsinki Ltd.