Finnvera plc´s Annual General Meeting on 5 April 2005

Finnvera’s Annual General Meeting of Shareholders approved the financial statements of for the Group and the parent company for the period 1 January–31 December 2004. The meeting also approved the Board of Directors’ proposal on the use of the parent company’s retained profits.

Taking into account Finnvera’s profit for the financial year, the Group’s distributable profit amounts to EUR 41,806,056.97 and the parent company’s distributable profit amounts to EUR 40,140,057.68. In accordance with the Board of Directors’ proposal, it was decided that the profit for the year, EUR 39,299,118.05, is to be transferred to the reserve fund. The Annual General Meeting also took the following decisions concerning the composition of the company’s Supervisory Board:

Markus Aaltonen, Parliamentary Counsellor, will continue as Chairman of the Supervisory Board; Kyösti Karjula, Member of Parliament, will continue as First Vice Chairman; and Esko Kurvinen, Member of Parliament, will continue as Second Vice Chairman.

The following were elected to the Supervisory Board as new members: Leila Kurki, Senior Adviser (Finnish Confederation of Salaried Employees STTK); Erkki K. Mäkinen, Managing Director (Federation of Finnish Enterprises); Pekka Pokela, Director (Confederation of Finnish Industries EK); and Pia Peltoniemi, Legal Counsel (Finnvera).

The following members of the Supervisory Board were re-elected: Peter Boström, Managing Director; Markus Fogelholm, Managing Director (Finnish Bankers’ Association); Susanna Haapoja, Member of Parliament; Sinikka Hurskainen, Member of Parliament; Markku von Hertzen, Managing Director (Finnish Association of Graduates in Economics and Business Administration - SEFE); Jere Lahti, Member of Parliament, Ismo Luimula, Deputy Chief Economist (Central Organisation of Finnish Trade Unions SAK); Iivo Polvi, Member of Parliament; Eero Reijonen, Member of Parliament; Heikki Ropponen Association Representative, Commercial Employers’ Association KTL; and Osmo Soininvaara, Member of Parliament.

The meeting elected KPMG Oy Ab as Finnvera plc’s regular auditor, with Hannu Niilekselä, Authorised Public Accountant as principal auditor.

For further information, please contact:

Markku Mäkinen, President and CEO, tel. +358 20 460 7321
Juhani Sutinen, Deputy Director, tel. +358 20 460 3343