The Annual General Meeting of Shareholders of Perlos Corporation held on 28 March 2007 adopted the income statement and the balance sheet as well as the consolidated income statement and the consolidated balance sheet, and discharged the members of the Board of Directors and the President from liability regarding the accounting period 1 January 2006 - 31 December 2006. The Annual General Meeting resolved to distribute no dividend from the financial year 2006 as proposed by the Board of Directors. The following persons were elected members of Perlos Corporation's Board of Directors: Mr Timo Leinilä, Mr Jukka Rinnevaara, Mr Andreas Tallberg, Mr Kari Vuorialho and Mr Petteri Walldén, of whom Mr Andreas Tallberg was elected Chairman of the Board of Directors. Mr Timo Leinilä was elected Vice-Chairman of the Board of Directors at the meeting of the Board of Directors held directly after the Annual General Meeting. Ernst & Young Oy, Authorised Public Accountants, with Mr Harri Pärssinen, Authorised Public Accountant, as the responsible auditor, was appointed the auditor of Perlos Corporation. The Annual General Meeting resolved to amend the Articles of Association mainly due to the new Companies Act, which came into force on 1 September 2006, in accordance with the proposal of the Board of Directors. The Annual General Meeting further resolved in accordance with the proposal of the Board of Directors to authorise the Board of Directors to resolve on the issuing of shares as well as on the granting of option rights and other special rights entitling to subscription of shares. An aggregate maximum amount of 20,000,000 shares may be issued based on the authorisation. In addition the Annual General Meeting resolved to authorise the Board of Directors in accordance with the proposal of the Board of Directors to resolve on the repurchase of the company's own shares or acceptance of them as a pledge. On the basis of the authorization a maximum of 5,000,000 company's own shares may be repurchased or accepted as a pledge. The Annual General Meeting resolved also that the subscription price paid for new shares subscribed on the basis of the company's option rights accordant with the option schemes of 2002 and 2005 after the General Meeting will be booked in its entirety to the invested non-restricted equity fund. PERLOS CORPORATION Matti Virtanen President and CEO FOR FURTHER INFORMATION - Perlos Corporation, Matti Virtanen, President and CEO, tel. +358 9 250 071 PERLOS IN BRIEF Perlos Corporation is a global design and manufacturing partner for the telecommunications and electronics industry. The service offering covers the whole product life cycle from industrial design to manufacturing, logistics and new product versions. The production facilities are located in Asia, Europe and the Americas and the company is headquartered in Finland. Perlos Corporation's net sales amounted to EUR 673,6 million in 2006. The company employs approximately 13,000 people worldwide. Perlos share (POS1V) is traded on the Helsinki Stock Exchange. DISTRIBUTION - Helsinki Stock Exchange - Main media - www.perlos.fi