Report from the annual general meeting of Teleca AB (publ) held on 24 April 2007

Report from the annual general meeting of Teleca AB (publ) held on 24 April 2007

Teleca's annual general meeting on 24 April 2007 adopted the parent company's
and the group's accounts. It further discharged the board of directors and the
CEO from liability. The CEO, René Svendsen-Tune, commented on the group's
operations and the interim report, which was distributed earlier during the day.

Dividend
The annual general meeting decided in accordance with the proposal of the board
that no dividend would be paid for 2006.

Board of directors and board fee
Konstantin Caliacmanis, Juha Christensen, Göran Larsson, Dan Olofsson, Anders
Torstensson and Johan Vunderink were re-elected to the board of directors. Dan
Olofsson was re-elected Chairman.  Tomas Isaksson was elected as new member of
the board. The board fee was fixed at SEK 700,000, of which SEK 100,000 is to be
allocated to each board member.

Auditors
Authorized public accountant Peter Gustafsson (Deloitte) was elected as auditor
and authorized public accountant Per-Arne Pettersson (Deloitte) was elected as
deputy auditor.
The auditor fees were approved against account.

Authorisation of the board to decide on new issues of shares
The board was authorised to decide on new issues of up to a total of 3,000,000
series B shares and to deviate from both the shareholders' pre-emptive rights
and the provisions set out in chapter 13, section 5, paragraph 1, item 6 of the
Swedish Companies Act (in kind, offset or other terms). The issue price for the
new shares shall be determined on the basis of the market price for the shares
at the time of the issue. The purpose of the authorisation is to facilitate the
financing of acquisitions.

Principles for remuneration of executive management 
The annual general meeting decided to approve the following guidelines for
remuneration of executive management. Executive management consists of the CEO
of Teleca AB and the executives in the corporate management team. The guidelines
will apply to employment contracts signed after the board of director's proposal
on guidelines for remuneration of executive management has been approved by the
decision of the AGM. This also applies to such cases where changes are made to
employment contracts after the decision of the AGM.

Teleca AB shall offer competitive remuneration and other employment terms in
order to recruit and retain an executive management with high competence. The
remuneration to executive management shall consist of fixed salary, possible
variable salary, pension and other benefits. 

The fixed salary, take into account the individuals areas of responsibility and
experience. Reviews should be conducted every year.
The variable salary should be dependent on the individual's completion of
quantitative and qualitative targets. The variable salary shall not exceed 45
per cent of the fixed salary.

Pensions shall be fee-based. The retirement age shall be 65. The pensions shall
correspond to what can be considered feasible on the market in which the
relevant member of the executive management is active. The CEO can cancel his
employment contract with a six months term of notice. Upon cancellation of the
CEOs employment contract by the Company, a 12 months term of notice applies. For
other members of the executive management a six months mutual term of notice
applies.

The executive management may be awarded other customary benefits, such as
company car and company healthcare etc. 

The board may derogate from the above guidelines where there in an individual
case are special reasons for doing so.

Nomination Committee
The annual general meeting decided to assign to the Chairman of the Board to -
based upon the shareholding at the end of September 2007 - convene a Nomination
Committee comprising the Chairman of the Board and one representative of each of
the four largest shareholders in the company at that time. The names of the
members of the nomination committee shall be published in the interim report for
the third quarter. The nomination committee shall propose both the new board of
directors to be elected at the AGM in 2008 and the directors' fees.

The Nomination Committee shall remain until the next nomination committee has
been elected. In case any member of the Nomination Committee should resign or
cease to represent one of the largest shareholders in the Company, then the
Nomination Committee shall be entitled to replace such member with another
representative of the largest shareholders.

For more information please contact:
•	Mattias Stenberg, Investor Relations Manager, Teleca AB, mobile: +46706119616


Teleca is a world-leading supplier of software services to the mobile devices
industry. This includes systems design and the integration of software and
hardware for mobile phones; there are also tailored solutions. We are more than
2,000 experts in 11 countries in Asia, Europe and North America. Teleca is
quoted on the Mid cap list of the Nordic Exchange.