NOTE — AGM Information 2010

Apr 27, 2010

Press Release Danderyd, Sweden, 27 April 2010

Release from NOTE's Annual General Meeting on April 27, 2010

The Annual General Meeting passed the following resolutions, among others:

• In accordance with a motion from the Board of Directors, not to distribute any dividend to the shareholders for the financial year 2009.
• To discharge the members of the Board of Directors and the Chief Executive Officer from liability for 2009.
• In accordance with a motion from the Election Committee, Bruce Grant and Göran Jansson were re elected and Kjell-Åke Andersson, Stefan Charette, Henry Klotz and Peter Laveson were elected Board Members for the period up to the close of the next Annual General Meeting. Stefan Charette was elected Chairman of the Board.
• In accordance with a motion from the Election Committee, director fees for the period up to the next Annual General Meeting were established at SEK 200,000 for the Chairman of the Board and SEK 100,000 for other members not employed by the Company; in addition, SEK 60,000 at the most, is to be reserved for committee work within the Board of Directors. It was particularly noted that no director fees are to be paid to Göran Jansson as long as he is holding the position as acting CEO and President of NOTE.
• To nominate an Election Committee to the Annual General Meeting 2011 in accordance with the principles described in the notification to attend the Annual General Meeting.

For more information, please contact:

Göran Jansson, acting CEO and President, tel. +46 (0)8 568 99006, +46 70 698 8572 Henrik Nygren, CFO, tel. +46 (0)8 568 99003, +46 (0)70 977 0686

About NOTE

NOTE's business concept is to offer services in the production and logistics of electronics-based products. NOTE has a presence in Sweden, Norway, Finland, the UK, Estonia, Lithuania, Poland and China. In 2009, net sales were SEK 1,200 m; the group has approximately 1,000 employees. For more information, please go to www.note.eu.