PKC Group Oyj Stock Exchange Announcement 2 March 2007 9.00 a.m. INVITATION TO THE ANNUAL GENERAL MEETING PKC Group Oyj’s shareholders are invited to the Annual General Meeting that will be held on Thursday 29 March 2007 at 4.00 p.m. at company’s premises at Vihikari 10, FI-90440 Kempele. At the meeting will be handled 1. the issues belonging to the Annual General Meeting according to Article 10 of the Articles of Association 2. proposal by the Board of Directors to authorise the Board of Directors to decide on share issue and granting of special rights 3. proposal by the Board of Directors to amend the Articles of Association DIVIDEND DISTRIBUTION The Board of Directors proposes that a dividend of EUR 0.45 per share will be paid for 2006. Dividends will be paid to shareholders who are registered on the record day on 3 April 2007 as shareholders in the company’s shareholder register held by Finnish Central Securities Depository Ltd. The dividends will be paid on 12 April 2007. BOARD OF DIRECTORS AND AUDITOR The Board of Directors proposes that Ernst & Young Oy, authorised public accounting firm, with Rauno Sipilä, authorised public accountant, as responsible accountant, shall be selected as auditor. Auditor’s fees and travel expenses are paid in accordance with reasonable invoice. Shareholders who represent more than 15 percent of the company's voting rights have proposed that the number of Board members shall be 7. It has been proposed that following persons be selected as Board members: Matti Eestilä, Jaakko Niemelä, Endel Palla, Matti Ruotsala, Harri Suutari, Jyrki Tähtinen and, as new member, LL.M Olli Pohjanvirta (39), partner and the head of Hannes Snellman Attorneys at Law Ltd’s operations in Russia and Ukraine. The proposed new Board member is presented in more detail on the company's website at www.pkcgroup.com. AUTHORISATION TO THE BOARD OF DIRECTORS TO DECIDE ON SHARE ISSUE AND GRANTING OF SPECIAL RIGHTS The Board of Directors proposes that the General Meeting authorises the Board of Directors to decide on share issue and granting of special rights defined in Chapter 10, Section 1 of the Companies Act and all the terms and conditions thereof. A maximum total of 3,500,000 shares may be issued or subscribed for on the basis of authorisation. The authorisation includes the right to decide on directed share issue. The authorisation is in force for five years from the date of the General Meeting’s decision. At Board of Directors’ discretion the authorisation may be used e.g. in financing possible corporate acquisitions, inter-company co-operation or similar arrangement, or strengthening company's financial or capital structure etc. AMENDMENTS TO THE ARTICLES OF ASSOCIATION The Board of Directors proposes that the current Articles of Association be amended mainly due to the new Finnish Companies Act such that the Finnish heading of Article 1 would be changed, company’s field of operation would be expanded to cover all legal operations (Article 2), the heading of Article 3 and its terms concerning the minimum and maximum share capital, minimum and maximum number of shares, nominal value of shares as well as the special terms concerning the belonging to the book-entry system be deleted, the minimum number of board members would be increased to five (Article 4) and revise the terminology regarding the right to represent the Company (Article 6) and Annual General Meeting (Article 10). DOCUMENTS The Board’s proposals have been published as stock exchange release on 8 February 2007. Invitation to the shareholders’ meeting, stock exchange release concerning Board’s proposals, financial statements bulletin, Shareholders’ proposals to the Annual General Meeting and presentation of the new proposed Board member are available on the company’s website at www.pkcgroup.com. Copies of the documents shall be sent to the shareholders upon request. The documents shall be available also at the meeting. The Annual Report will be published in week 11. PARTICIPATION RIGHT AND PRIOR NOTICE All shareholders who are registered as shareholders in the company’s shareholder register held by Finnish Central Securities Depository Ltd on 19 March 2007 are entitled to participate the Annual General Meeting. Shareholders wishing to attend the Annual General Meeting must notify the company thereof no later than by 4.00 p.m. on 26 March 2007 either by writing to PKC Group Oyj, Sanna Raatikainen, P.O. Box 174, FI-90401 OULU, by telephone +358 20 175 2111 (during office hours from Monday to Friday 9.00 a.m. – 4.00 p.m. Finnish time), by fax +358 20 175 2216 or by e-mail sanna.raatikainen@pkcgroup.com. Any powers of attorney should also be received before the deadline. PKC Group Oyj Board of Directors Mika Kari President & CEO DISTRIBUTION Helsinki Stock Exchange Main media www.pkcgroup.com