DECISIONS BY THE ANNUAL GENERAL MEETING OF JMC TOOLS
The ordinary annual general meeting of JMC Tools Oy was held in Kempele on 18 March 2002. The annual general meeting accepted unanimously the merger agreement signed by Incap Corporation and JMC Tools on 1 March 2002.
The annual general meeting endorsed the annual accounts for the financial year 1 Jan – 31 Dec 2001 and discharged the president and the board of directors from liability.
The following persons were appointed to continue as board members: Jyrki Kurokallio, Kalevi Laurila, Ilkka Lukkariniemi, Timo Niemi, Markku Puskala and Taisto Riski. As deputy members will continue: Seppo Airio, Matti Copeland, Kari Itälahti, Pertti Nurmio and Jari Pirinen. Auditors’ Ltd – Ernst & Young will continue as the auditing community, with Jari Karppinen, APA, acting as the responsible auditor.
According to the merger agreement signed by Incap Corporation and JMC Tools Oy on 1 March 2002, JMC Tools Oy will, after the transaction carried out by an exchange of shares, become a subsidiary of Incap Corporation. The ordinary annual general meeting of Incap Corporation will on 21 March 2002 decide on the directed share issue to the shareholders of JMC Tools Oy.
Espoo, 18 March 2002
Kari Saarinen, President and CEO of Incap Corporation, tel. +358 40 830 5689
Rauni Nokela, CFO of JMC Tools Oy, tel. +358 400 383 409