Amanda Capital - Decisions of general meeting

DECISIONS ADOPTED BY AMANDA CAPITAL PLC'S ANNUAL GENERAL MEETING

AMANDA CAPITAL PLC                          STOCK EXCHANGE RELEASE



17 March 2011 at 9:30am





DECISIONS ADOPTED BY AMANDA CAPITAL PLC'S ANNUAL GENERAL MEETING







Amanda Capital Plc's annual general meeting, held on 16 March 2011 in Helsinki,
decided upon the following: 





Confirmation of the financial statements



Amanda Capital Plc's annual general meeting confirmed the financial statement
of the company, which included the group financial statements, the management
report and the audit report for the financial year 2010. 





Decision in respect of the result shown on the balance sheet



The proposal by the board of directors not to distribute any dividend and to
book the parent company's financial result of the financial period on the
profit and loss account was confirmed. 





Discharge from liability to the board of directors, managing directors and
deputy managing director 



The annual general meeting decided to grant discharge from liability to the
board of directors and the managing directors. 





The number of board members, appointment of board members and the remuneration
of the members of the board. 



In accordance with the decision of the annual general meeting, five board
members, being Ole Johansson, Georg Ehrnrooth, Eero Heliövaara, Jussi Seppälä
and Catharina Stackelberg-Hammarén were appointed for a term until the next
annual general meeting. The annual general meeting decided that the members of
the board would receive remuneration as follows: the chairman of the board will
receive 3,300 Euros and the board members will receive 1,800 Euros per month.
Travel and lodging costs will be compensated in accordance with the company's
expense policy. The board appointed Ole Johansson as chairman of the board in
its constituting meeting held immediately after the annual general meeting. 





Auditors



Ernst & Young Oy, corporation of authorized public accountants, will continue
as auditor of the company, and Ulla Nykky APA will act as Lead Auditor. It was
decided to compensate the auditors as per issued invoice. 





Approval of a corporate transaction and authorising the Board of Directors to
decide on the issuance of shares 



The annual general meeting decided to approve the transaction, whereby Amanda
Capital Plc acquires all shares in Advium Corporate Finance Ltd and eQ Asset
Management Group Ltd as well as the convertible bond issues by eQ Asset
Management Group Ltd and decided to authorise the board of directors to decide
on a share issue comprising of no more than 10,302,605 new shares. The
subscription price for each share is 1.41 Euros. 



The authorisation includes a right for the board of directors to decide on all
other terms of the share issue, including the right to decide whether the
subscription price is to be booked in full or in part in the reserve for
invested unrestricted equity or as an increase of the share capital, and it
includes the right to decide on a directed issue of shares. 


The authorisation is intended to be used to implement the corporate transaction.



The authorisation does not replace earlier authorisations, which will remain in
force and the new authorisation is valid until 31.7.2011. 





Amendment of field of activity - article



It was decided to amend the field of activity as follows: The company's field
of activity is to own and manage shares, other securities and real estate as
well as to engage in securities trading and other investment operations. The
company takes care of the centralised administrative duties of the investment
firms, fund management companies and other companies belonging to the Group. 





Amanda Capital Plc



Board of Directors





Additional information: CEO Janne Larma, tel. +358 40 5004366





DISTRIBUTION

OMX Nordic Stock Exchange, Helsinki



www.amandacapital.fi





Amanda Group is a Finnish company that specializes in private equity and
alternative asset management, traditional asset management and corporate
finance advisory. The combined group offers products and solutions related to
mutual funds, private equity funds, hedge funds and discretionary asset
management for institutions, wealthy individuals and retail customers. The
combined assets managed by subsidaries Amanda Advisors and eQ Asset Management
is approximately 3.7 billion euros. Assets under management is a combination of
investments in over 190 private equity funds managed by Amanda Advisors as well
as 22 mutual funds and customer mandates managed by eQ Asset Management. In
addition, services offered by the Group include mergers & acquisitions advisory
as well as real estate transaction advisory through Advium Corporate Finance
Ltd. More information on Amanda Group is available on websites
www.amandacapital.fi, www.eqvarainhoito.fi and www.advium.fi.