Tekla Corporation Stock Exchange Release 15.3.2007 Decisions by the Tekla Corporation Annual General Meeting Tekla Corporation's Annual General Meeting (AGM) on March 15, 2007 adopted the financial statement as well as the Group income statement and balance sheet for 2006. The AGM discharged the Board and the CEO from liability for the financial year 2006. Dividend In line with the Board's proposal the AGM approved a dividend of 0.20 euros plus an extra dividend of 0.20 euros due to the anniversary (i.e. 0.40 euros per share, in total 9 006 640 euros) be distributed for the financial period 2006. The dividend record date is March 20, 2007 and the payment date is March 27, 2007. No dividend will be paid to the shares owned by the company. Board of Directors and Auditors As members of the Board until the conclusion of the Annual General Meeting in 2008 were re-elected Ari Kohonen, Esa Korvenmaa, Olli-Pekka Laine, Heikki Marttinen, Erkki Pehu-Lehtonen (as regular members) and Timo Keinänen (as deputy member). Juha Kajanen is the Tekla personnel representative on the Board and Pirjo Lunden his personal deputy. The AGM confirmed the following compensation: the members of Tekla Board will be paid 2,700 euros (chairman) and 1,800 euros (member) per month. In addition, their travel expenses will be reimbursed according to Tekla's travel policy. The members of the Board, who are employed by Tekla Group, will not be paid any fees for their board work. PricewaterhouseCoopers were re-elected as auditors, with Markku Marjomaa, Authorized Public Accountant, as the auditor in charge. The auditors' remuneration will be based on invoicing. Authorizations to the Board The AGM gave the Board the following authorizations: - The Board was authorized to decide on the increase of the company's share capital in one or several tranches of new shares so that a maximum of 4,500,000 new shares with a nominal value of 0.03 euros may be subscribed. The share capital can be raised by a maximum of 135.000 euros on the basis of this authorization. - The Board was authorized to decide on the acquisition of the company's own shares for the development of the company's capital structure and to be used as means of payment at the discretion of the Board regarding object and extent when the company acquires assets related to its business operations or renders its own shares as payment in potential acquisitions or to be used as part of the company's remuneration and incentive system. The maximum number of shares to be acquired is 500,000. - The Board was authorized to decide on the transfer of the company's own shares. The authorization concerns all the company's own shares acquired by the company based on the authorizations given to the Board, in total 569,600 shares. The company's own shares may be used as means of payment at the discretion of the Board regarding object and extent when the company acquires assets related to its business operations or renders its own shares as payment in potential acquisitions or to be used as part of the company's remuneration and incentive system. All the above mentioned authorizations are valid until the Annual General Meeting 2008 but not longer than one year from the Annual General Meeting's decision, i.e. until March 15, 2008. Formative meeting of the Board In the formative meeting that was held after the AGM, the Board of Directors elected Heikki Marttinen to continue as Chairman, and Olli-Pekka Laine to continue as Deputy Chairman. Espoo, March 15, 2007 TEKLA CORPORATION Board of Directors For further information, please contact: Ari Kohonen, President and CEO, phone 358 30 661 1468, ari.kohonen @ tekla.com DISTRIBUTION: Helsinki Exchanges, Main Media Tekla Corporation in Brief Tekla is the industry-leading international software company whose innovative software solutions make customers' core business more effective in building and construction, energy distribution and in municipalities. The company's model-based software products and related services are used in more than 80 countries. Tekla Group's net sales for 2006 were approximately 50 million euros and operating result 13.6 million euros. International operations accounted for 75% of net sales. Tekla Group employs more than 350 persons, of whom a third work outside Finland. Tekla was established in 1966, making it one of the oldest software companies in Finland. For additional information on Tekla, please visit www.tekla.com
Decisions by the Tekla Corporation Annual General Meeting
| Source: Tekla