Home News 2008 Outotec Oyj's AGM to convene on March 18, 2008
February 1, 2008 10:00:00 AM CET

Outotec Oyj's AGM to convene on March 18, 2008

OUTOTEC OYJ   STOCK EXCHANGE RELEASE  FEBRUARY 1, 2008  AT 10.00 AM

Outotec Oyj's AGM to convene on March 18, 2008

The Board of Directors of Outotec Oyj has decided to convene an
Annual General Meeting of shareholders which will be held on Tuesday,
March 18, 2008 at 1.00 pm (Finnish time) in Dipoli Congress Center in
Espoo, Finland. In addition to the items as prescribed in Article 11
in the Articles of Association, the agenda for the meeting will
include proposals to authorize the Board of Directors to decide on
issuing shares and to authorize the Board of Directors to repurchase
the company's own shares.

The meeting will be asked to decide on the proposal on the election
of the Board of Directors and the Audit Committee's proposal on the
election of the Auditor.

Authorization to issue shares

Proposal by the Board of Directors to the Annual General Meeting to
authorize the Board of Directors to decide on an issue of new shares
and an issue of special rights referred to in Article 1 of Chapter 10
of the Companies' Act as well as on distribution of own shares in the
possession of the company. The number of issued new shares or
distributed own shares held by the company under the authorization
may not exceed 4,200,000. The authorization shall be valid until the
next Annual General Meeting.

Authorization to repurchase the company's own shares

Proposal by the Board of Directors to the Annual General Meeting to
authorize the Board of Directors to decide on the acquisition of no
more than 4,200,000 of the company's own shares in public trading at
the OMX Nordic Exchange Helsinki. The authorization shall be valid
until the next Annual General Meeting.

Board of Directors and Auditor

The Board, in assuming the Nomination Committee's duties, will
propose to the Annual General Meeting to re-elect the current members
of the Board of Directors Carl-Gustaf Bergström, Karri Kaitue, Hannu
Linnoinen, Anssi Soila and Risto Virrankoski, and to re-elect Risto
Virrankoski as the chairman of the Board of Directors for a term
ending at the end of the next Annual General Meeting. All previously
mentioned candidates have stated that they consent to the nomination.

The Board's Audit Committee will propose that the Annual General
meeting resolves to re-elect the current auditor KPMG Oy Ab as the
auditor of the company for the financial year 2008 with certified
accountant Mauri Palvi as the auditor in charge.


OUTOTEC OYJ

Rita Uotila
Vice President - Investor Relations
tel.: +358 20 529 2003, mobile: +358 400 954141
e-mail rita.Uotila(at)Outotec.com


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OMX Nordic Exchange Helsinki
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