Neomarkka - Decisions of extraordinary general meeting

DECISIONS TAKEN AT THE EXTRAORDINARY SHAREHOLDERS' MEETING OF NEOMARKKA PLC ON JUNE 1, 2007

Neomarkka Plc	STOCK EXCHANGE RELEASE June 1, 2007	at 14.15	 1(2)                

Translation:                                                                    
DECISIONS TAKEN AT THE EXTRAORDINARY SHAREHOLDERS' MEETING OF NEOMARKKA PLC ON  
JUNE 1, 2007                                                                    

BOARD OF DIRECTORS PROPOSAL REGARDING THE PURCHASE OF THE SHARES OF REKA CABLES 
LTD.                                                                            
A shareholders' meeting decided to approve the deal concerning the purchase of  
the shares of Reka Cables Ltd. signed on May 10, 2007 and the implementation of 
the transaction. The transaction is part of the reorientation of the business of
Neomarkka Plc.                                                                  

The debt-free value of the deal is EUR 30 million, and the purchase price of the
shares is about EUR 26 million, based on December 31, 2006 consolidated FAS     
value of net liabilities of Reka Cables Group. In addition, the parties have    
also agreed on review the price, which will depend on the average operating     
profit figures of Reka Cables in 2007 and 2008. The price can be increased or   
decreased by a maximum of EUR 3.5 million.                                      

AMENDING THE ARTICLES OF ASSOCIATION                                            
The shareholders' meeting decided to amend the Articles of Association in       
accordance with the proposal of the Board of Directors. These amendments are    
associated with the reorientation of the business of Neomarkka Plc on the one   
hand and with the changes introduced in the new Companies Act (624/21.7.2006) on
the other.                                                                      

The Articles of Association are to be amended as follows:                       
- amend section 2 to make the company domicile Hyvinkää,                        
- amend section 3 to make the sphere of operations include ownership of shares  
of companies engaged in business and related actions,                           
- delete the clauses on the minimum and maximum share capital in section 4,     
- delete the clauses on the nominal share value in section 5,                   
- amend the third paragraph of section 6 to include a reference to share issues 
and delete the reference to increasing the share capital, and split the section 
so that the latter half of the section will become the new section 5, which will
contain only the clause that the company's shares are in the book-entry system, 
deleting all other content,                                                     
- amend section 8 to delete the clauses on the convening and decision-making of 
the Board of Directors, because these are provided for in the new Companies Act,
and also amend the clause concerning the election of deputy members of the Board
of Directors to state simply that a shareholders' meeting can elect deputy      
members,                                                                        
- amend section 10, replacing “signing for the company” with “representing the  
company” and amending the section to state that the company is represented by   
the chairman of the Board of Directors together with another member of the Board
or with the Managing Director,                                                  
- amend section 11 to state that the company has one auditor, who must be an    
accounting firm authorized by the Finnish Central Chamber of Commerce,          
- amend section 16 to conform to the new Companies Act.                         

CHANGES TO THE COMPOSITION OF THE BOARD OF DIRECTORS                            
The number of members of the Board of Directors was confirmed as six.           

The following persons were elected to the Board of Directors of Neomarkka Plc:  
Chairman Jorma Wiitakorpi (new),President and CEO, Porvoo; Vice Chairman Matti 
Lainema (new), Ph.D.(Econ.) Helsinki; and members, Commercial Counsellor Ilpo   
Helander (new), Espoo; Managing Director Pekka Soini (new), Helsinki; and       
re-elected members Hannu Anttila, Executive Vice President, Strategy, Espoo and 
Taisto Riski, Managing Director, Oulu.                                          

Respectfully,                                                                   

Neomarkka Plc                                                                   
Board of Directors                                                              




pp. Kristiina Vuorimies                                                         
Financial Manager                                                               

APPENDIX: Articles of Association (translation)                                 

FURTHER INFORMATION:                                                            
Managing Director Markku E. Rentto, tel. +358 40 500 1858                       

DISTRIBUTION                                                                    
Helsinki Stock Exchange                                                         
Main media                                                                      
www.neomarkka.fi

Attachments:

neomarkka_appendix.pdf