Proha Plc Stock Exchange Bulletin March 19, 2008 at 1.30 p.m. NOTICE OF PROHA ANNUAL GENERAL MEETING OF SHAREHOLDERS ON APRIL 8, 2008 At the meeting on March 19, 2008 Proha Board of Directors decided to convene the Annual General Meeting on Tuesday April 8, 2008 at 2:00 p.m. in Hotel Crowne Plaza, Mannerheimintie 50, Helsinki. The registration of shareholders who have given a prior notice starts at the meeting place at 1:00 p.m. On the agenda of the meeting will be the following matters assigned to the Annual General Meeting by Article 10 of Proha's Articles of Association and by the Finnish Companies Act: 1. Presentation of the Financial Statements of the parent company as well as the Consolidated Financial Statements 2. Presentation of the Auditors Report 3. Approval of the Income Statement and the Balance Sheet 4. Distribution of dividend - The Board of Directors proposes to the Annual General Meeting that the result for the financial year be entered in shareholders' equity and no dividend be paid. 5. Resolution on discharging the members of the Board of Directors and the Chief Executive Officer from liability 6. Resolutions on the remuneration of the members of the Board of Directors and auditors' fees - The Board of Directors proposes to the Annual General Meeting that the Chairman of the Board be paid EUR 30,000 and each Board member, at the moment of election not employed by the Proha Group or by such company which owns more than five percents of Proha's share capital and who does not exercise dominant influence over such company, to be paid EUR 20,000 per year as remuneration for board work. The Board proposes to increase the remuneration to Board members due to the fact that the Board is prepared to work in excess of the ordinary amount of Board work for improving the performance of the company, and also because the Board does not propose the Annual General Meeting an option plan as a part of Board work compensation. - The Board of Directors proposes to the Annual General Meeting that the auditors will be paid in accordance with a reasonable invoice. 7. Resolutions on the number of members of the Board of Directors and auditors - The Board of Directors proposes to the Annual General Meeting that one firm of auditors, authorized by the Central Chamber of Commerce, be elected as the auditor to the company. 8. Election of the members of Board of Directors 9. Election of the regular Auditors and deputy auditors, if needed - The Board of Directors proposes to the Annual General Meeting that Ernst & Young Oy, Authorized Public Accountants, with APA Ulla Nykky in charge, be re-elected as the auditor. Meeting documents Copies of the documents regarding the Financial Statements and the Board's proposals will be displayed for the shareholders to view starting March 19, 2008 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 Annual General Meeting. Right to participate in the meeting The right to participate in the Annual 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 March 29, 2008. Notification of attendance A shareholder who wishes to participate in the Annual General Meeting shall inform the company's head office by March 31, 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. 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. www.proha.com Proha Plc Ilari Koskelo CEO More information: PROHA PLC CEO Ilari Koskelo, Tel +358 20 4362 000 ilari.koskelo@proha.com EVP Janne Rainvuori, Tel. +358 20 4362 000 janne.rainvuori@proha.com DISTRIBUTION: Helsinki Stock Exchange Major media