Wulff-Yhtiöt Oyj - Decisions of general meeting

DECISIONS OF WULFF GROUP'S ANNUAL GENERAL MEETING ON APRIL 28, 2011

WULFF GROUP PLC

STOCK EXCHANGE RELEASE               April 28, 2011 at 4.30 P.M.





DECISIONS OF WULFF GROUP'S ANNUAL GENERAL MEETING ON APRIL 28, 2011


Wulff Group Plc's Annual General Meeting held today decided to pay a dividend
of EUR 0,05 per share and authorised the Board of Directors to decide on the
repurchase of the company's own shares. Also the other proposals to the Annual
General Meeting were accepted as such. 

The current Board members Erkki (Ere) Kariola, Ari Pikkarainen, Pentti
Rantanen, Sakari (Saku) Ropponen, Andreas Tallberg and Heikki Vienola were
re-elected. 

KPMG Oy Ab, a company of Authorized Public Accountants, with Authorized Public
Accountant Minna Riihimäki as the lead audit partner, was elected as the
auditor. 

The Annual General Meeting adopted the financial statements for the financial
year 2010 and discharged the members of the Board of Directors and CEO from
liability. 



Payment of dividend

The Annual General Meeting decided that a dividend of EUR 0,05 per share will
be paid for the financial year 2010 on May 10, 2011 to the shareholders
registered in the list of shareholders kept by Euroclear Finland Ltd on the
dividend record date May 3, 2011. 



Members of the Board of Directors

The Annual General Meeting decided that the number of the board members is six.
The current Board members Erkki (Ere) Kariola, Ari Pikkarainen, Pentti
Rantanen, Sakari (Saku) Ropponen, Andreas Tallberg and Heikki Vienola were
re-elected. The organising meeting of the Board of Directors, held after the
Annual General Meeting, decided that Sakari (Saku) Ropponen continues as the
Chairman of the Board. 

The Annual General Meeting decided to keep the remuneration of the Board
members as previously. The members of the Board of Directors that are not Wulff
Group's employees will receive a monthly fee of EUR 1,000. 



Auditors

In 2010, the Company's auditor was Nexia Oy, a company of Authorized Public
Accountants, with Authorized Public Accountant Christer Antson as the lead
audit partner, together with Juha Lindholm, Certified Auditor. As proposed by
the Board of Directors, the Annual General Meeting decided to elect KPMG Oy Ab,
a company of Authorized Public Accountants, with Authorized Public Accountant
Minna Riihimäki as the lead audit partner, as Wulff Group Plc's auditor. Based
on the Articles of Association, the auditors are appointed until further
notice. The Annual General Meeting decided that the reimbursements to the
auditors are paid on the basis of reasonable invoicing. 



Authorizing the Board of Directors to decide on the repurchase of the company's
own shares 

The Annual General Meeting authorised the Board of Directors to resolve on the
acquisition of maximum 300,000 own shares. The authorization is effective until
the next Annual General Meeting. The authorization encompasses the acquisitions
of the own shares through the public trading arranged by NASDAQ OMX Helsinki Oy
in pursuance of its rules or through a purchase offer made to the shareholders.
The consideration paid for the acquired shares must be based on the market
price. To carry out treasury share acquisitions, derivative, stock loan and
other agreements may be made on the capital market in accordance with the
relevant laws and regulations. 

The authorization entitles the Board of Directors to deviate from the
pre-emptive rights of shareholders (directed acquisition) in accordance with
the law. The company can acquire treasury shares to carry out acquisitions or
other business-related arrangements, to improve the company's capital
structure, to support the implementation of the company's incentive scheme or
to be cancelled or disposed of. The Board of Directors has the right to decide
on other matters related to the acquisition of treasury shares. 



Authorizing the Board of Directors to decide on a share issue and the special
entitlement of the shares 

The Annual General Meeting authorised the Board to decide on the issue of new
shares, disposal of treasury shares and/or the issue of special rights referred
to in Chapter 10, Section 1 of the Companies Act in the following way: 

The authorisation entitles the Board to issue a maximum of 1,300,000 shares,
representing approximately 20% of the company's currently outstanding stock,
based on a single decision or several decisions. This maximum number
encompasses the share issue and the shares issued on the basis of special
rights. The share issue may be subject to or exempt from fees and may be
carried out for the company itself as provided in the law. 

The authorisation remains in force until the next Annual General Meeting. The
authorisation entitles the Board to deviate from shareholders' pre-emptive
rights as provided in the law (private placement). The authorisation can be
used to carry out acquisitions or other business-related arrangements, to
finance investments, to improve the company's capital structure, to support the
implementation of the company's incentive scheme or for other purposes as
decided by the Board. 

The authorisation includes the right to decide on the way in which the
subscription price is entered in the company's balance sheet. The subscription
price can be paid in cash or as a non-cash contribution, either partly or in
full, or by offsetting the subscription price with a receivable of the
subscriber. The Board of Directors has the right to decide on other matters
related to the share issue. 



In Helsinki on April 28, 2011.



WULFF GROUP PLC

BOARD OF DIRECTORS



Further information:

CEO Heikki Vienola

tel. +358 9 5259 0050 or mobile: +358 50 65 110

e-mail: heikki.vienola@wulff.fi



DISTRIBUTION

NASDAQ OMX Helsinki Oy

Key media

www.wulff-group.com



Wulff Group Plc is a growing and increasingly international listed company and
the Finnish market leader in office supplies. Wulff sells and markets office
supplies, business and advertising gifts, IT supplies and ergonomics. Its
service range includes diverse fair and event marketing services. In addition
to Finland, Wulff operates in Sweden, Norway, Denmark and Estonia. The Group
also serves its customers online with a web store for office supplies at
wulffinkulma.fi. Wulff Group companies are now branded in black-and-white and
with lively Wulff stripe. More information on the Group's new brand image at
www.wulff-group.com.

Attachments:

WUFE_2011-04-28_AGM_decisions.pdf