In its meeting on February 4, 2008 the Proha Board of Directors decided to invite Proha shareholders to the Extraordinary General Meeting to be held on Tuesday, February 26, 2008 at 14.00 p.m. in Hotel Scandic Continental, Mannerheimintie 46, Helsinki. The registration of shareholders who have given a prior notice starts at the meeting place at 13:00 p.m. The meeting is convened to decide on the following issues: 1. Number of members of the Board of Directors Some of the company's largest shareholders representing together over 10% of all shares and votes have informed the company that they will propose to the Extraordinary General Meeting that six members will be elected to the Board of Directors. 2. Election of members of the Board of Directors Some of the company's largest shareholders representing together over 10% of all shares and votes have informed the company that they will propose to the Extraordinary General Meeting that from the current members of Board of Directors Olof Ödman, Ernest Jilderda and Birger Flaa will continue in their positions and that Svein Stavelin, David Cairns and Ilari Koskelo be elected as new members to the Board of Directors. Gjalt de Vries has informed the company that he will withdraw from the Board. The Documents The aforementioned proposals are included in the notice of the meeting and will be displayed for the shareholders to view in the company's head office at Maapallonkuja 1 A, 02210 Espoo. Copies of the documents will be sent to shareholders upon request and they are also available at the Extraordinary General Meeting. Right to participate in the meeting The right to participate in the Extraordinary General Meeting rests with shareholders who have been entered as shareholders in the Shareholder Register kept by the Finnish Central Securities Depository Ltd., no later than February 16, 2008. Notification of attendance A shareholder who wishes to participate in the Annual General Meeting shall inform the company's head office by Monday, February 18, 2008, 4 p.m. (EET) at the latest either by a) writing to the address Proha Plc., Annual General Meeting, Maapallonkuja 1 A, FI-02210 Espoo, Finland; b) by telefax to +358-20-4362-500; c) by telephone to +358-20-4362-000; or d) by e-mail to generalmeeting@proha.com The notification of attendance must reach the company before the end of the notification time. The shareholders are requested to give their name and Finnish personal identity number or date of birth or Business-ID. Proxies, if used, are requested to be sent to the same address before the end of the notification time. Voting tickets will be dealt at the scene of meeting. Espoo, February 4, 2008 PROHA PLC Board of Directors Proha in brief Proha is one of the leading providers of enterprise level project management software and services. We support customers executing projects and managing project business by providing a comprehensive set of tools and services with the best project management practices. In 2006, the net sales for the continuing operations of Proha Group were EUR 41.0 million (EUR 26.4 million in 2005). Currently Proha Group employs over 380 people worldwide. Proha Plc Pekka Pere CEO More information Proha Plc CEO Pekka Pere, Tel. +358 20 4362 000 pekka.pere@proha.com www.proha.com DISTRIBUTION: Helsinki Stock Exchange Major media
NOTICE OF EXTRAORDINARY GENERAL MEETING OF PROHA PLC SHAREHOLDERS ON FEBRUARY 26, 2008
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