DECISIONS MADE BY THE ANNUAL GENERAL MEETING OF INCAP CORPORATION

Incap Group is a contract manufacturer of electronics and furniture. The annual general meeting of Incap Corporation held on 7 April, 1999 endorsed the company’s profit and loss account and balance sheet for the financial year 1998, discharged from liability the board members and the president, and decided to adopt the euro.

Board directors and auditor

Director Matti Kaitera, Managing Director Pertti Karhinen, Financial Director Hannu Lipponen and Managing Director Juhani Vesterinen were appointed board directors.

Pertti Tarvainen, APA, was appointed auditor for the company, and KPMG Wideri Oy Ab, with Tapio Raappana, APA, as the responsible auditor, was appointed deputy auditor.

Payment of dividend

The annual general meeting decided to pay a dividend of 1.50 FIM per share for the 3,510,110 dividend-earning shares. The dividend shall be paid on 20 April, 1999.

Other proposals made to the annual general meeting

Conversion of share capital into euros

The annual general meeting decided, in accordance with the board’s proposal, to convert the company’s share capital into euros and not to have a par value for the shares. The company’s share capital is 5,903,581.23 euro. The accounting equivalent value per share is 1.68 euro rounded to two decimals.

Amendment of the articles of association

The annual general meeting decided, in accordance with the board’s proposal, to amend article 3 of the articles of association to read as follows.

Share capital and shares

The company’s minimum share capital is five million eight hundred and eighty thousand (5,880,000) euro and maximum share capital twenty-three million five hundred and twenty thousand (23,520,000) euro, within which limits the share capital can be either increased or decreased without amending the articles of association.

The company’s shares have no par value. The minimum number of shares is 3,500,000 and the maximum number 14,000,000, within which limits the number of shares can be increased or decreased without amending the share capital and the articles of association.

Option rights to be issued in euros

The annual general meeting decided, in accordance with the board’s proposal, to use the euro as the currency of the option rights issued in 1998.

Appointments by the annual general meeting of Incap Electronics Ltd.

The annual general meeting of Incap Electronics Ltd. held on 16 March, 1999 appointed the following persons as board members: Tero Frey, President & CEO for Incap Corporation, Managing Director Juha Oikarinen, Industrial Counsellor Kurt Wikstedt, and Raimo Kuikka as a personnel representative.

Pertti Tarvainen, APA, was appointed auditor and KPMG Wideri Oy Ab, with Tapio Raappana, APA, as the responsible auditor, was appointed deputy auditor.

Appointments by the annual general meeting of Incap Furniture Oy

The annual general meeting of Incap Furniture Oy held on 25 March, 1999 appointed the following persons as board members: Tero Frey, President & CEO for Incap Corporation, Managing Director Risto Koskimäki, Managing Director Jukka Vilppola and Petri Aikio as a personnel representative.

Pertti Tarvainen, APA, was appointed auditor and KPMG Wideri Oy Ab, with Tapio Raappana, APA, as the responsible auditor, was appointed deputy auditor.

The interim report for 1–3/1999 will be published on 4 May, 1999.

Oulu, 7 April, 1999

INCAP CORPORATION

Board of directors

Tero Frey

President & CEO