2007 AGM of Cloetta Fazer AB (publ)

2007 AGM of Cloetta Fazer AB (publ)

The Annual General Meeting of Cloetta Fazer AB (publ) held on Tuesday, 24 April
2007, resolved to approve the Board's proposed dividend of SEK 6.50 per share
(6.00), amounting to a total of SEK 156.8 million. The proposed record date for
entitlement to dividends is Friday, 27 April 2007. Dividends are expected to be
disbursed by VPC AB (the Nordic Central Securities Depository) on Thursday, 3
May 2007. 

The AGM resolved that the number of Board members would amount to eight, with no
deputies.

The AGM re-elected sitting Board members Berndt Brunow, Lennart Bylock, Anders
Dreijer, Wilhelm Lüning, Olof Svenfelt and Meg Tivéus and elected new Board
members Karsten Slotte and Christer Zetterberg, while Bengt Baron and Hans Olof
Danielsson left the Board. 

As the company's auditors to serve for period of four years, the AGM elected the
auditing firm of KPMG Bohlins AB with Auditor in Charge Helene Willberg and
Assistant Auditor in Charge Joakim Thilstedt. It was resolved that fees to the
auditors would be paid according to approved account.  

The Board has appointed a Remuneration Committee consisting of Anders Dreijer,
Lennart Bylock and Wilhelm Lüning, and an Audit Committee consisting of Anders
Dreijer, Olof Svenfelt and Meg Tivéus.

The AGM resolved that board fees of SEK 350,000 would be paid to the Board
Chairman, SEK 260,000 to the Deputy Chairman and SEK 175,000 to each of the
other members of the Board. For work on the Audit Committee and Remuneration
Committee, it was resolved that each of the members would be paid a fee of SEK
40,000.

In his address to the AGM, Managing Director Jesper Åberg commented on
operations in 2006 and the Group's development in the first quarter of 2007. 

The AGM appointed Anders Dreijer as Chairman of the Board. At the statutory
meeting following the AGM, Olof Svenfelt was appointed Deputy Chairman.

The AGM resolved on the following criteria for appointment of the Nominating
Committee:

that	
the company shall have a Nominating Committee consisting of three members, of
whom no more than one may be a member of the company's Board of Directors. The
two largest shareholders in terms of voting power shall each appoint one
representative. These two representatives shall appoint a third among those
Board members defined as independent according to the Swedish Code of Corporate
Governance. The Nominating Committee shall appoint a chairman from among its
members. The chairman of the Nominating Committee may not be the Board Chairman.
The names of the two shareholder representatives and the shareholders they
represent shall be announced at least six months prior to the 2008 AGM.

that	
if a member should leave the Nominating Committee before his/or her duties are
completed, a replacement shall be appointed, if deemed necessary, by the same
shareholder that appointed the resigning member,

that	
if, during the mandate period of the Nominating Committee, one or several
shareholders who have appointed members to the Nominating Committee are no
longer among the two largest shareholders in terms of voting power, it shall be
possible to change the composition of the Nominating Committee, 

that	
the Nominating Committee shall have the right to receive reasonable compensation
for costs incurred in connection with evaluation and recruitment. The members of
the Nominating Committee shall receive no other compensation from the company,
and

that	
the Nominating Committee shall put forward recommendations on the following
matters for decision by the 2008 AGM:

(a)	election of Board members,
(b)	election of the Chairman of the AGM,
(c)	election of the Chairman of the Board,
(d)	fees to be paid to the Board of Directors, the apportionment between the
Chairman and other Board members and remuneration for committee work,
(e)	election of auditors,
(f)	remuneration to the company's auditors.


The interim report for the period January - June 2007 will be published on 17
August 2007. 


Ljungsbro, 24 April 2007

Cloetta Fazer AB (publ)
The Board of Directors

About Cloetta Fazer 
The Cloetta Fazer Group is the Nordic region's leading confectionery company,
with a market share of around 22 per cent. The company has production facilities
in Sweden and Finland. Cloetta Fazer's strength lies in its many popular brands,
such as Karl Fazer, Kexchoklad, Dumle, Geisha, Polly and Center. The average
number of employees is around 1,600 and annual sales amounts to approximately
SEK 3 billion.