Scanfil - Decisions of general meeting

SCANFIL PLC'S ANNUAL GENERAL MEETING, 8 APRIL 2010

SCANFIL PLC     STOCK EXCHANGE RELEASE   8 APRIL 2010    3.45 P.M.              

SCANFIL PLC'S ANNUAL GENERAL MEETING, 8 APRIL 2010                              

Scanfil plc's Annual General Meeting has in it's meeting on 8 April 2010        
confirmed the Financial Statements for 2009 and discharged the Board of         
Directors and the President from liability.                                

According to Board of Directors' proposal The Annual General Meeting decided to 
distribute a dividend total of EUR 0.12 per share on the market. The record date
for the payment of dividend is 13 April 2010 and the date of payment of the     
dividend is 20 April 2010.                                                      

The Meeting resolved that the Board of Directors consists of five members. Jorma
J. Takanen, Asa-Matti Lyytinen, Reijo Pöllä, Jarkko Takanen and Tuomo Lähdesmäki
were re-elected as members of the Board of Directors. The meeting decided that  
the remuneration of Chairman of the Board of Directors is EUR 1,500/month, of a 
member not employed by the company EUR 2,000/month and of member employed by the
company EUR 500/month.                                                          
The remuneration for the auditor shall be paid against the auditor's reasonable 
invoice. The company's auditor is KPMG Oy AB, a company of Authorised Public    
Accountants, and the main auditor is Authorised Public Accountant Ari Ahti. The 
auditor is appointed for an indefinite term.                                    

In it's meeting, held after the General Meeting, the Board of Directors elected 
Jorma J. Takanen as the Chairman of the Board of Directors and Asa-Matti        
Lyytinen as Vice Chairman of the Board of Directors.                            

The Meeting approved the Board of Directors' proposal to amend the Articles of  
Association.                                                                    
The first paragraph of Article 7 of the Articles of Association was amended so  
that an invitation to a shareholders' meeting must be delivered at the earliest 
three (3) months and at the latest three (3) weeks before the meeting, however  
not later than nine days before the matching date for the shareholders' meeting,
by publishing the invitation on the company's website or a newspaper selected by
the Board of Directors or by sending letters to shareholders by ordinary post at
the addresses recorded in the shareholders' register.                           
Article 9 of the Articles of Association was amended to the following form: The 
company's shares are included in a book-entry securities system.                

The Meeting decided according to the Board of Directors' proposal to authorize  
the Board of Directors to decide on the acquisition of the Company's own shares 
with distributable assets.                                                      

The maximum number of the shares to be repurchased shall not exceed 3,000,000   
shares. The shares will be purchased using the company's non-restricted equity  
in compliance with the regulations of the Companies Act in force.               

Shares will be purchased in another proportion than that of the holdings of the 
current shareholders. Purchasing will take place through public trading arranged
by NASDAQ OMX Helsinki Oy. The shares will be purchased at the fair value       
established in public trading at the time of acquisition. The acquisition of    
shares will decrease the Company's distributable non-restricted reserves.       

The authorization cancels the authorization given in the Annual General Meeting 
on 26 March 2009 to repurchase the company's own shares. The authorization will 
remain in force for 18 months after it is issued.                               

The Meeting decided according to the Board of Directors' proposal to authorize  
the Board of Directors to decide on the issuance of shares.                     

The Annual General Meeting authorized the Board of Directors to decide on the   
transfer of a maximum of 5,900,000 treasury shares held by the company in       
compliance with the regulations of the Companies Act in force. The authorization
includes the transfer of treasury shares already held by the company and own    
shares purchased based on the authorization presented above.                    

The Board of Directors was authorized to decide on all the terms and conditions 
of the share issue and share warrants. The authorization concerns both the issue
of new shares and the transfer of treasury shares. The Board of Directors may   
decide to transfer the shares issued in share issues as a directed issue in     
deviation from shareholders' pre-emptive rights.                                

The shares are transferred at the fair value established in public trading at   
the time of transfer and they may also be transferred against other             
consideration than money.                                                       

The authorization cancels the authorization given in the Annual General Meeting 
on 26 March 2009 to decide on share issues. The authorization will remain in    
force for three years after it is issued.                                       

The minutes of the Annual General Meeting will be available on the company's    
website, www.scanfil.com, as of 22 April 2010.                                  



SCANFIL PLC                                                                     



Harri Takanen                                                                   
President                                                                       


Additional information                                                          
President Harri Takanen, tel +358 8 4882 111                                    



Distribution         NASDAQ OMX Helsinki                                        
                     Major Media                                                
                     www.scanfil.com                                            

Scanfil is a global contract manufacturer and systems supplier for communication
and industrial electronics with over 30 years experience in demanding contract  
manufacturing                                                                   

Scanfil offers contract-manufacturing services as a systems supplier to the     
telecommunication industry, mainly to wireless communication sector, as well as 
to the industrial electronics industry. Main telecommunication products are     
among others integrated enclosure systems for mobile phone and ADSL networks and
assembly and testing of modules related to enclosure systems. Examples of       
industrial electronics products include box-built tested devices, various       
electronic modules, backplanes and assembled circuit boards as well as cable    
assemblies. Production plants are situated in China, Hungary, Estonia and       
Finland.