F-Secure Oyj - Company Announcement

F-Secure Corporation's financial statements 2008 and the Board of Directors' proposals to the Annual General Meeting

Stock exchange release 
February 12, 2009 at 9.00 am

F-Secure Corporation's financial statements 2008 

The Board of Directors signed the financial statements for the year 2008 on
February 11, 2009, and the auditors submitted their report. The Group's
financial statements bulletin was published on January 29, 2009. 

Proposals by the Board to the Annual General Meeting 

1) Dividend proposal

The Board proposes to the Annual General Meeting that a dividend of EUR 0.07
per share be paid for the year 2008. The total amount of dividends would be
approximately EUR 10.9 million. The parent company's distributable
shareholder's equity is EUR 37.6 million. 
2) The authorization of the Board of Directors to decide on a directed share
issue 

The Board proposes to the General Annual meeting to authorize the Board to
decide on one or more directed share issues and their terms. The maximum
cumulative number of issued new shares is 40.000.000. The authorization is
valid for 18 months. 

3) The authorization of the Board of Directors to repurchase the company's own
shares 

The Board proposes that the Board of Directors may pass a resolution to
repurchase a maximum of 14.500.000 shares of the Company. The proposed number
of shares represents approximately 9.25% of all the shares issued by the
Company. The authorization would be valid for one (1) year. The authorization
covers the purchase of shares through public trading on the NASDAQ OMX Helsinki
Ltd. in accordance with its rules or through a public tender offer made to the
shareholders of the Company. The consideration payable for the shares shall be
based on the market price. In purchasing of the Company's own shares
derivative, share lending and other contracts customary to the capital markets
may be concluded pursuant to law and applicable legal provisions. 

The authorization entitles the Board of Directors to pass a resolution to
purchase the shares by deviating from the shareholders' pre-emptive rights
(directed purchase) subject to the provisions of the applicable law. The own
shares will be purchased to be used for making acquisitions or implementing
other arrangements related to the Company's business, to improve the Company's
financial structure, to be used as part of the incentive compensation plan or
for the purpose of otherwise assigning or cancelling the shares. The Board of
Directors shall have the right to decide on other matters related to the
purchase of the Company's own shares. 

4) The authorization of the Board of Directors to decide on a transfer of own
shares of the company. 

The Board of Directors proposes that the Annual General Meeting authorizes the
Board of Directors to decide on a transfer of a maximum of 15.500.000 own
shares of the Company either against consideration or without payment. The
authorization would be valid for one (1) year. The Board of Directors is
authorized to transfer the shares in deviation from the shareholders'
pre-emptive rights (directed transfer) subject to the provisions of the
applicable law. 

The shares may be transferred as a consideration to finance acquisitions or in
other arrangements and used as part of the equity-based incentive plans of the
Company as decided by the Board of Directors. The Board of Directors shall also
have the right to sell the shares through public trading on the NASDAQ OMX
Helsinki Ltd. The Board of Directors shall have the right to decide on other
matters related to a transfer of own shares. 

Financial calendar for 2009

The annual report for 2008 will be published in mid-March. The Annual General
Meeting is scheduled to be held on Thursday March 26, 2008. The Interim reports
for 2009 will be published on April 23 (Q1), July 28 (Q2) and October 22 (Q3). 

F-Secure Corporation
Board of Directors


Additional information: 
F-Secure Corporation 
Kimmo Alkio, President and CEO, tel. +358 9 2520 5550 
Taneli Virtanen, CFO, tel. +358 9 2520 5655 
Mervi Pohjoisaho, Investor Relations, tel. +358 40 535 8989