RESOLUTIONS PASSED BY PONSSE OYJ’S ANNUAL GENERAL MEETING

Meeting on 15 March 2005, Ponsse Oyj’s Annual General Meeting adopted
the financial statements for 2004, released the persons accountable from
liability, decided to pay a 2004 dividend of EUR 0.20 per share and to
pay a bonus to the company’s employees. Nils Hagman, Ilkka Kylävainio,
Seppo Remes, Mirja Ryynänen, Einari Vidgrén and Juha Vidgrén were
appointed to the Board of Directors.

RESOLUTIONS PASSED BY THE ANNUAL GENERAL MEETING

1. Adoption of the financial statements
The Annual General Meeting adopted the profit and loss account and
balance sheet of Ponsse Oyj and the consolidated profit and loss account
and balance sheet.

2. Payment of dividend
It was decided to pay a dividend of EUR 0.20 per share for
2004. The record date for the payment of dividend is 18 March 2005.
Dividends will be paid from 30 March 2005.

3. Employee bonus
It was decided to pay Ponsse Oyj’s employees a bonus for 2004. The bonus
will be EUR 85 for each full month worked.

4. Discharge from liability
The persons accountable were discharged from liability for the 2004
financial year.

5. Board of Directors
It was decided to appoint six members to the Board of Directors.
The members appointed were: Nils Hagman, born 1947, MSc (Econ),
President of Oy Sisu Auto Ab, Ilkka Kylävainio, born 1946, President and
Chairman of the Board of Directors of Keitele-Forest Oy, Seppo Remes,
born 1955, LicSc (Econ & Bus Adm), Director of Vostok Nafta Investment
Ltd, Mirja Ryynänen, born 1944, MSc, Juha Vidgrén, born 1970, MSc (Educ)
and Einari Vidgrén, born 1943, Ponsse Oyj’s principal shareholder and
Chairman of the Board of Directors. All members appointed have served in
the Board earlier. Under the company’s Articles of Association, members
of the Board of Directors serve a term of office expiring at the end of
the Annual General Meeting following the one at which they were
appointed.

The Annual General Meeting fixed the annual fee payable to members of
the Board of Directors at EUR 15,000. This fee is not paid to members of
the Board of Directors employed by the company. However, the chairman of
the Board of Directors receives a fee.

In the meeting of the Board of Directors held following the Annual
General Meeting, Industrial Counsellor Einari Vidgrén was elected
as Chairman of the Board. Juha Vidgrén, M.Sc. (Educ.), was elected
as Vice Chairman.

6. Auditors
Authorised public accountants Ernst & Young Oy were appointed as
auditors, with Heikki Laitinen MSc (Econ & Bus Admin), APA as the
principal auditor.

7. Change of the Articles of Association
The Board of Directors’ proposal to define Article 13 of the Articles of
Association so that the financial statements to be presented at the
Annual General Meeting comprise the balance sheet, profit and loss
account, cash flow statement, notes to the accounts and the report by
the Board of Directors’.


PONSSE OYJ

Mikko Paananen
CFO


Further information from:
CFO Mikko Paananen on +358 17 768 4648

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