Invitation to Elcoteq SE's Annual General Meeting

Monday, 18. February 2008 09:09



Elcoteq SE
Stock Exchange Release
February 18, 2008 at 10.00 am (EET)


INVITATION TO ELCOTEQ SE'S ANNUAL GENERAL MEETING

Elcoteq SE's shareholders are invited to attend the Annual General
Meeting scheduled to take place at 3.00 pm CET (4.00 pm EET) on
Tuesday, March 25, 2008. The meeting will be held in Luxembourg, at
the premises of Elcoteq SE, 19, rue Eugène Ruppert, L-2453
Luxembourg. Shareholders can also participate in the meeting through
a video conference or a teleconference held at the Ballroom of the
Hotel Scandic Continental, Mannerheimintie 46, Helsinki, Finland.
Registration of the participants and distribution of voting coupons
will begin at both locations at 2.00 pm CET (3.00 pm EET).

The meeting will be held before a public notary.

The following items are on the agenda of the meeting:

1 The proposal of the Board of Directors to amend the first sentence
of Article 30 of the Articles of Association as follows:
"The number of directors shall not be less than four (4) and not more
than ten (10)."

2 The proposal of the Board of Directors to amend the second
paragraph of Article 54 of the Articles of Association as follows:
"The Company shall hold each year an Annual General Meeting of
shareholders on the March 23 in the city of Luxembourg at such time
and place as the Board of Directors shall determine and specify in
the convening notice. If said day is a legal or bank holiday in
Luxembourg or Finland, the meeting shall be held on the second
following business day."

Standard items stated in Article 58 of the Articles of Association as
follows:

3 Annual accounts as at December 31, 2007 (consisting of the income
statement, balance sheet, consolidated income statement, consolidated
balance sheet and management report issued by the Board of
Directors);

4 Statutory and/or independent auditors' report as at December 31,
2007;

5 Approval of the annual accounts and of the consolidated accounts as
at December 31, 2007;

6 Allocation of the result and retained earnings;

7 Discharge of the members of the Board of Directors and of the
statutory auditor;

8 Remuneration of the members of the Board of Directors and the
statutory auditor;

9 Number of the members of the Board of Directors;

10 Election of the members of the Board of Directors;

11 Election of the statutory and/or independent auditor.

Other matters:

12 Presentation and approval of the Final Accounts relating to the
transfer of domicile.


Payment of Dividend

The Board of Directors has decided to propose to the Meeting that no
dividend will be distributed for the financial year January 1 -
December 31, 2007.

Composition of the Board of Directors

The Nomination Committee of the Board of Directors will propose to
the Meeting that the following persons be re-elected to the Board:
President Martti Ahtisaari; Mr. Heikki Horstia, Vice President,
Treasurer, Wärtsilä Corporation; Mr. Eero Kasanen, Rector of the
Helsinki School of Economics; Mr. Antti Piippo, founder and principal
shareholder of Elcoteq SE; Mr. Henry Sjöman, founder-shareholder of
Elcoteq SE; Mr. Juha Toivola, Master of Arts; and Mr. Jorma Vanhanen,
founder-shareholder of Elcoteq SE. The individuals proposed have
given their consent to re-election.

Appointment of the Auditor

The Audit Committee of the Board of Directors will propose to the
Meeting that the firm of authorized public accountants KPMG Audit
S.à.r.l. under the supervision of Mr. Philippe Meyer be appointed as
the Company's auditors for the financial year ending on December 31,
2008.

Documents

Copies of the Board's proposals, and their enclosures, and the
documents related to the financial statements will be available for
inspection by the shareholders from 9.00 am CET (10.00 am EET) on
February 29, 2008 on the company's website at www.elcoteq.com. Copies
of the aforementioned documents will be mailed to shareholders upon
request and will be available at Elcoteq SE offices in Luxembourg and
in Espoo, Finland.

Right to Participate in the Meeting

Shareholders who are in the Company's shareholder register maintained
by the Finnish Central Securities Depository Ltd on March 14, 2008
shall have the right to participate in the Annual General Meeting.

How to Participate

The registered shareholders shall notify the Company of their
attendance by March 17, 2008, 4.00 pm CET (5.00 pm EET) either
through the Company's website www.elcoteq.com, or in writing to
Elcoteq SE, Finnish Branch, Ms. Katri Kemppinen, P.O. Box 8, FI-02631
Espoo, Finland, or by telefax +358 10 413 1804, or by telephone +358
10 413 2081 between the hours of 8.00 - 10.00 am or 12.00 am - 3.00
pm CET (9.00 - 11.00 am or 1.00 - 4.00 pm EET). Shareholders are
kindly requested to provide their name, address and telephone number
as well as indicate whether they will participate in the meeting in
Luxembourg or in Helsinki. Notification of participation must reach
the Company before the notification period expires.

Representation

Shareholder shall exercise his right at the Annual General Meeting
either in person or through a representative on the basis of a duly
signed and dated proxy or other reliable documentation proving his
authorization. Any powers of attorney, correctly detailed and dated,
must reach the Company at the above address for inspection before the
notification period expires on March 17, 2008.

Language of the Meeting

The meeting will be held in English with simultaneous interpretation
from English to Finnish available in Helsinki.

February 18, 2008

ELCOTEQ SE

Board of Directors


About Elcoteq
Elcoteq SE is a leading electronics manufacturing services (EMS)
company in the communications technology field. Elcoteq's global
service offering covers the entire lifecycle of products, from
product development to after-market services. By further combining
mechanics expertise into its service offering, Elcoteq's vision is to
be a leading integrated electronics manufacturing services (IEMS)
company.

Elcoteq provides global end-to-end solutions consisting of product
development services, supply chain management, NPI, manufacturing,
and after-market services for the whole lifecycle of its customers'
products. These products include Personal Communications products
such as mobile phones and their parts, Home Communications products
such as set-top boxes and electronics for flat screen TVs as well as
Communications Networks products such as base-stations, tower-top
amplifiers, and microwave systems.

Elcoteq operates in 15 countries on four continents and employs some
24,000 people. The Group's consolidated net sales for 2007 totaled
4.0 billion euros. Elcoteq SE is listed on the Helsinki Stock
Exchange. For more information visit the Elcoteq website at
www.elcoteq.com.


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Author:
Hugin
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