Martela Oyj - Company Announcement

RESOLUTION PASSED BY THE ORGANIZATIONAL MEETING OF MARTELA CORPORATION'S BOARD OF DIRECTORS

MARTELA CORPORATION      STOCK EXCHANGE RELEASE  MARCH 16, 2011 at 8.30 a.m.

RESOLUTION PASSED BY THE ORGANIZATIONAL MEETING OF MARTELA CORPORATION'S BOARD
OF DIRECTORS 


In the organizational meeting of the Board of Directors following the Annual
General Meeting Heikki Ala-Ilkka was re-elected as Chairman and Pekka Martela
as Vice Chairman of the Board of Directors. 

Heikki Ala-Ilkka was elected as Chairman and Tapio Hakakari and Jaakko Palsanen
as members of the Compensation Committee. 

The Board of Directors has evaluated the Board members' independence in
compliance with the Finnish Corporate Governance Code's recommendations. Based
on the evaluation Heikki Ala-Ilkka, Tapio Hakakari, Jori Keckman and Pinja
Metsäranta are independent both of the company and its significant 
shareholders. 


In Helsinki, March 16, 2011


Heikki Martela
Managing Director

For more information, please contact
Heikki Martela, Managing Director, tel. +358 50 502 4711

Distribution
NASDAQ OMX Helsinki
Main news media
www.martela.com

Attachments:

Release 16032011.pdf