Solteq Oyj - Decisions of general meeting

DECISIONS BY THE ANNUAL GENERAL MEETING OF SOLTEQ PLC

Solteq Plc  Stock Exchange Release 14.3.2012 at 4 pm

Solteq's Annual General Meeting approved the financial statement for period
1.1.-31.12.2011 and discharged those accountable from liability. The Board of
Directors' proposal of to the Annual General Meeting that the Board is
authorized in accordance with the Finnish Companies Act 13 chapter 6§ 2
paragraph to decide on a maximum dividend of 0,05 euros per share or other
distribution of funds from the distributable equity fund as well as to decide
upon the timing of the distribution and other details was accepted. The
authorization is valid until the beginning of the next Annual General Meeting. 

The Annual General Meeting decided that the Board of Directors includes six
members. Ali U. Saadetdin, Seppo Aalto, Markku Pietilä, Sirpa Sara-aho and
Jukka Sonninen were re-elected. Matti Roininen was elected as a new member of
the Board. Matti Roininen was born in 1956 and his education is Vocational
Qualification in Business and Administration.  He has worked in Valio Oy since
2006 as the field sales manager and earlier he has worked in Tuko Oy and Tuko
Logistics Oy in years 1980-2005. 

KPMG Oy Ab continues as the auditor.

In addition, the Annual General Meeting approved the following proposal by the
Board (Stock Exchange Release February 16, 2012). 

  -- Decided to authorize the Board of Directors to decide on the purchase of
     the Company's own shares to improve the capital structure, to be used as a
     part of remuneration of personnel, to finance and execute business
     acquisitions and other business arrangements or to be further transferred
     or cancelled. The proposal includes authorization to take company's own
     shares as a pledge. According to the proposal, the total number of the
     shares purchased shall not exceed 10 percent of all shares of the Company
     and they can be purchased otherwise than in proportion to the shareholdings
     of the shareholders. The shares shall be purchased through public trading.
     The authorization includes that the Board of Directors may decide the terms
     and other matters concerning the purchase of own shares. The authorization
     is effective until the next Annual General Meeting.



  -- Decided to authorize the Board of Directors to give new shares or convey
     company's own shares.  The authorization would be executed by one or more
     share issues, maximum total amount being 3.000.000 shares. The
     authorization includes a right to deviate from the shareholders'
     pre-emptive right of subscription. The authorization includes that the
     Board of Directors may decide the terms and other matters concerning the
     share issue. The authorization is effective until March 31, 2013. This
     authorization does not overrule earlier given authorizations by the Annual
     General Meeting.

In the Board meeting, held after the Annual General Meeting, Ali U. Saadetdin
was elected as the Chairman of the Board. 

Solteq Plc

For further information please contact:

Ali U. Saadetdin, Chairman of the Board
Tel +358 20 1444 201 or +358 40 8444 201
e-mail ali.saadetdin@solteq.com

Repe Harmanen, CEO
Tel +358 400 467717
e-mail repe.harmanen@solteq.com

Distribution:

NASDAQ OMX Helsinki
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