STROMSDAL CORPORATION STOCK EXCHANGE RELEASE 26 March 2008 at 3.00 pm. RESOLUTIONS BY THE ANNUAL GENERAL MEETING OF STROMSDAL CORPORATION The Annual General Meeting of Stromsdal Corporation (AGM) held on Wednesday 26 March 2008 resolved to approve the financial statement for the financial period which ended on 31 December 2007 and to discharge the members of the Board of Directors and the managing director from personal liability. The AGM resolved in accordance with the proposal of the Board of Directors that, due to the fact that the company made no profits during the financial period, no dividend shall be distributed. The AGM elected the members of the Board of Directors for the company for a term ending on the conclusion of the AGM in 2009. Current members of the board of directors, Managing Director Mr. Harry Salonaho, Managing Director Mr. Alexander Ehrnrooth, Attorney at Law Mr. Juhani Erma, Mayor Mr. Petri Kangasperko and Project Manager Ms. Pirjo Repo were re-elected. Managing Director Mr. Eduard Paulig was elected as the new ordinary member. The meeting of the Board of Directors held immediately after the AGM elected Mr. Harry Salonaho as the chairman of the Board of Directors. Authorized Public Accounting Firm Ernst & Young Ltd, with Ms. Eija Niemi-Nikkola as auditor in charge, was re-elected the company's auditor for a term ending at the closing of the next AGM. The AGM resolved that the fees to be paid to the members of the Board of Directors shall be as follows: The Chairman of the Board receives EUR 4,100 per month in compensation and EUR 600 for each meeting of the Board or of a Board-appointed committee attended. The Board members receive EUR 1,000 per month in compensation and EUR 500 for each meeting of the Board or of a Board-appointed committee attended. Reduction of funds of unrestricted capital and Share Capital The AGM resolved that the fund for unrestricted equity established in year 2002 (EUR 2,025,936.63) and the fund for invested unrestricted equity (EUR 5,100,399.45), total EUR 7,126,336.08, are used in full to cover the confirmed loss in the balance sheet. The AGM further resolved that the registered share capital of the Company, EUR 10,102,906.80, is reduced without compensation by EUR 3,181,441.98 after which reduction the Company's share capital to be registered will be EUR 6,921,464.82, which is divided into 27,515,399 shares. Of the amount of the share capital reduction, EUR 3,181,441.98 shall be used to cover the confirmed loss in the balance sheet in accordance with the provisions in Chapter 14, Section 1.1 of the Finnish Companies Act. No actions or measures are required by the shareholders. The changes in the share capital and in the book value of shares become effective upon registration. The reduction of share capital as resolved results into restriction on distribution of profits during the next three years according to Chapter 14, Section 2.2 of the Finnish Companies Act. Authorization of the Board of Directors to decide on share issue and to transfer shares in the company being in the possession of the company The AGM resolved to authorize the Board of Directors to decide on the issuing of new shares of the company and on the right to transfer shares of the company that are in the possession of the company. New shares may be issued and own shares in the possession of the company may be transferred either against consideration or free of charge to the shareholders of the company in proportion to their ownership in the company or, in deviation from the shareholders' pre-emptive subscription right, by a directed share issue if there exists a weighty economic reason for such an issue from the company's perspective. A directed share issue may be executed free of charge only if there exists an especially weighty economic reason for the company and taking into account the interests of all shareholders. The authorization includes the right to issue special rights as meant in Chapter 10 Section 1 of the Finnish Companies Act, which rights would entitle the holder to receive, against payment, new shares in the company or own shares of the company being in the possession of the company either by paying the subscription price in cash or by using a receivable from the company to set off the subscription price. A maximum amount of 20,000,000 new shares may be issued. A maximum amount of 1,100,000 own shares in the possession of the company may be transferred. In addition, the authorization includes the right to decide on a share issue to the company itself free of charge so that, as a result, the aggregate amount of shares issued to the company is a maximum of one tenth (1/10) of the total amount of shares in the company. This amount includes all the shares in the company being in the possession of the company itself or in the possession of any of its affiliated companies as set out in Chapter 15 Section 11 Paragraph 1 of the Finnish Companies Act. The board of directors is entitled to decide on any other issues related with the share issues. The authorization is in force for one year as of the decision of the AGM. The authorization revokes the authorization decided by the shareholders' meeting on 29 March 2007. The Managing Director's overview In connection with the AGM the Managing Director of the company Mr. Mikael Åbacka presented an overview regarding the present economic situation of the company and future plans. The Managing Director's overview is available on the homepage of the company at www.stromsdal.com. STROMSDAL CORPORATION Board of Directors Further information: Mikael Åbacka Managing Director tel. +358 400 737 452 Distribution Helsinki Stock Exchange Main Media STROMSDAL is a forest based industry company and its board mill is located in Juankoski, Finland. Stromsdal's sales and customer service network covers more than 30 countries, mainly in Europe. For demanding printing jobs Stromsdal offers its customers premium-quality graphical boards - GraphiArt Duo and GraphiArt Pro - with excellent combination of printability, brightness and stiffness. For food-packaging Stromsdal offers its speciality environmentally friendly product - Tecta - a dispersion coated barrier board, which is 100 per cent plastic-free, bio degradable and fully recyclable. Stromsdal's shares are listed on the Small Cap segment of the Helsinki Stock Exchange (OMX Nordic Exchange Helsinki Oy) under the company code STM1V. STROMSDAL CORPORATION Juankoskentie 7 A, P.O.Box 33, FI-73501 Juankoski Tel. +358 17 688 641, Fax +358 17 612 008 www.stromsdal.com