PROPOSALS ON THE BOARD COMPOSITION AND REMUNERATION BY SHAREHOLDERS' NOMINATION COMMITTEE OF SPONDA

| Source: Sponda Oy Sponda Oy

Furthermore, the Nomination Committee has decided to propose that the remuneration to the members of the Board of Directors would be as follows:
 
 
                          Monthly fee,     Meeting fee,
                          Euros            Euros
Chairman                  3.350            300
Deputy Chairman           2.000            300
Other Board members       1.750            300
 
 
The Board of Directors will incorporate the proposals into the Annual General meeting notice which will be published later.
 
 
For further information, please contact: Jarmo Kilpelä, Chairman of the Shareholders' Nomination Committee, Tel. +358 9 1603 4927