Stonesoft - Major shareholder announcements

PROPOSALS OF THE LARGEST SHAREHOLDERS OF STONESOFT CORPORATION TO THE AGM

Stonesoft Corporation Stock Exchange Release 1 March 2012 at 3.00 P.M.

Shareholders representing more than 34 per cent of all the shares and votes of
Stonesoft Corporation have notified the Board of Directors of the company that
they will propose to the Annual General Meeting to be held on 25 April 2012 that
the annual remuneration payable to the members of the Board of Directors would
be EUR 60,000 per year for the Chairman of the Board of Directors and EUR
30,000 per year for each member of the Board of Directors.

The annual remuneration is proposed to be disbursed so that for those Board
members whose direct or indirect ownership of Stonesoft Corporation is less than
100,000 shares, 50 per cent of the total gross compensation amount will be used
to purchase Stonesoft Corporation's shares in public trading through NASDAQ OMX
Helsinki Ltd directly for and on behalf of these Board members, and that the
rest of the annual remuneration of these Board members would be paid in cash.
The annual remuneration is proposed to be paid entirely in cash for those Board
members whose direct or indirect ownership of Stonesoft Corporation exceeds
100,000 shares.

The purchase of the shares that are paid as remuneration will take place within
the next five (5) trading days following the decision by the Annual General
Meeting. If the required amount of shares cannot be purchased during the
specified period in accordance with applicable rules and regulations, the part
of the annual remuneration to be paid in shares which could not be purchased can
be paid in cash.

In addition, it is proposed that remuneration would be paid for the work
performed within the committees of the Board of Directors so that the
remuneration would be EUR 4,000 per year for the Chairman of a committee and EUR
2,000 per year for each member of a committee. It is proposed that the
remuneration for committee work would be paid entirely in cash.

Neither the annual remuneration nor the remuneration for committee work is
payable to the members of the Board of the Directors who are employed by the
Company.

The proposal on the remuneration of the members of Board of Directors is based
on the recommendation by Alexander Corporate Finance.

The above-mentioned shareholders have further notified the Board of Directors of
the Company that they will propose to the Annual General Meeting that the number
of members of the Board of Directors would be six (6) and that the current Board
members Mr. Ilkka Hiidenheimo, Mr. Harri Koponen, Mr. Jukka Manner, Mr. Timo
Syrjälä ja Mr. Hannu Turunen would be re-elected as members of the Board of
Directors. In addition, Ms. Satu Yrjänen is proposed as a new member to the
Board of Directors. The curriculum vitae of Ms. Yrjänen is presented below. The
nominees have given their consent to the election.

Satu Yrjänen
Born 1967, M.Sc (Econ.)
Professional Experience: SEK Loyal Oy, Managing Director 2011->, Microsoft Oy;
Central Marketing Group Lead 2009-2011, Public Relation Director 2006-2008,
Marketing Manager, SMS&P and MSN.fi, 2001-2004. Euro RSCG/BNL; Communication
Consultant 2004-2005. 24/7 Media; Sales Director, 1999-2001. Several sales and
marketing positions in 1989-1999. Other professional memberships; MARK - The
Finnish Marketing Association since 2010, Chairman of Governance Board 2011 ->

Information about all the nominees and their shareholdings will be published at
the corporate web site www.stonesoft.com / Investor Relations.

Notice to the Annual General Meeting of Stonesoft Corporation will be published
in its entirety later as a separate Stock Exchange Release.

Stonesoft Corporation

Ilkka Hiidenheimo
Chief Executive Officer

For further information, please contact:
Mikael Nyberg
CFO
Tel. +358 9 47 67 11

Distribution:
NASDAQ OMX Helsinki Ltd
www.stonesoft.com

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