Invitation to AGM of Elcoteq Network Corporation

Elcoteq Network Corporation shareholders are invited to attend the Annual General Meeting scheduled to take place at 2.00 pm (EET) on Wednesday, March 17, 2004. The meeting will be held in the Ball Room of the Scandic Hotel Continental, Mannerheimintie 46-48, Helsinki, Finland. Registration of participants and distribution of voting coupons will begin at 1.00 pm (EET). The agenda will contain the following items: The standard business stated in §16 of the Articles of Association. The Board of Directors' proposal that the Board be authorized to float one or several convertible bond loans and/or to issue stock options and/or to raise the share capital in one or several installments through a rights issue within one year from the Annual General Meeting. Presentation on the task requested by the AGM from the Company's management and Board of Directors concerning the location of the Company or its share listing, and a report on the matters arising from this task, such as the possibility of changing Elcoteq into a European Company, or Societas Europaea (SE) Copies of the documents related to the financial statements and the proposals of the Board of Directors will be on display for shareholders from 9.00 am (EET) on Tuesday, March 9, 2004 at the Company's Group office, Sinimäentie 8B, Espoo. Copies of the documents will be mailed to shareholders upon request. Shareholders who are entered in the Company's shareholder register maintained by the Finnish Central Securities Depository Ltd at the latest on Friday, March 5, 2004 shall have the right to participate in the Annual General Meeting.Shareholders wishing to participate in the Annual General Meeting are kindly asked to notify the Company by 4.00 pm (EET) on Friday, March 12, 2004 either in writing to Elcoteq Network Corporation, Ms Riia Johansson-Rouvinen, Sinimäentie 8B, FI-02630 Espoo, or by telephone +358 10 413 1827, or by e-mail to riia.johansson-rouvinen@elcoteq.com. Shareholders are kindly requested to give the following information: name, address, telephone number and date of birth.Source: PCBnewsline