CapMan Oyj : Decisions adopted at the organising meeting of CapMan Plc Board of Directors

 CapMan Oyj : Decisions adopted at the organising meeting of CapMan Plc Board
                                 of Directors

CapMan Plc Stock Exchange Release - 20 March 2013 at 3:15 pm EET

Decisions adopted at the organising meeting of CapMan Plc Board of Directors

Heikki Westerlund was elected Chairman and Karri Kaitue Vice Chairman of the
Board of Directors at the Board of Directors' organising meeting that took
place today after the Annual General Meeting.

The Board of Directors established Audit, Remuneration and Nomination
Committees from among its members as follows:

Audit Committee

-Karri Kaitue (Chairman)
-Nora Kerppola

Remuneration Committee

-Nora Kerppola (Chairman)
-Koen Dejonckheere
-Claes de Neergaard

Nomination Committee

-Heikki Westerlund (Chairman)
-Koen Dejonckheere
-Ari Tolppanen

Independence of the members of the Board of Directors

The Board of Directors assessed the independence of its members and concluded
that Karri Kaitue, Nora Kerppola and Claes de Neergaard are independent of
both the company and its significant shareholders. Koen Dejonckheere is
independent of the company, but non-independent of its significant
shareholders. Ari Tolppanen and Heikki Westerlund are non-independent of both
the company and its significant shareholders.

CapMan Plc deviates from recommendation 29 of the Finnish Corporate Governance
Code, which corresponds to the independence of the majority of the Nomination
Committee members. Ari Tolppanen and Heikki Westerlund are non-independent of
the company. The Board of Directors considers the Nomination Committee
memberships of Messrs Tolppanen and Westerlund to be justified due to their
significant ownership of the company's stock. In addition, the Nomination
Committee's preparation process for the election of members of the Board of
Directors includes consultation with the largest shareholders. The Board of
Directors has decided, in accordance with recommendation 22, that due to the
overall small size of the Board, the Audit Committee comprises two members.



Additional information:
Tiina Mikkola, Legal Counsel, tel. +358 207 207532

CAPMAN PLC
Linda Tierala
Manager, Communications and IR

Distribution:
NASDAQ OMX Helsinki Ltd
Principal media
www.capman.com



CapMan www.capman.com
CapMan Group is one of the leading private equity firms in the Nordic
countries and Russia, with assets under management of €3.1 billion. CapMan has
five key investment partnerships - CapMan Buyout, CapMan Russia, CapMan
Credit, CapMan Public Market, and CapMan Real Estate - each of which has its
own dedicated investment team and funds. Altogether, CapMan employs 110 people
in Helsinki, Stockholm, Oslo, Moscow and Luxembourg. CapMan was established in
1989 and has been listed on the Helsinki Stock Exchange since 2001.

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