Annual General Meeting 14.12.2010

THE ANNUAL GENERAL MEETING DECEMBER 14, 2010

The Annual General Meeting of Vaahto Group Plc Oyj on December 14, 2010, has decided to accept the Board of Directors’ proposal that no dividend for the fiscal period September 1, 2009 – August 31, 2010 be paid.

In the meeting the company accounts were adopted, the CEO and the members of the Board of Directors were released from liability for the fiscal year.

To the Board of Directors the Annual General Meeting elected:

Rainer Häggblom

Reijo Järvinen

Topi Karppanen

Antti Vaahto

Mikko Vaahto

CPA Corporation Ernst & Young Oy with Panu Juonala, CPA as the chief auditor was elected to act as company’s auditors.

The Annual General Meeting resolved in accordance with the Board of Directors’ proposal on the combination of the company’s two share classes through an amendment to the Articles of Asociation and on the directed free share issue to the holders of class K shares.

The Annual General Meeting also resolved in accordance with the Board of Directors’ proposal to authorize the Board to decide on an issue of maximum 300,000 new shares.