DECISIONS MADE BY THE ANNUAL GENERAL MEETING

Stock Exchange Release

DECISIONS MADE BY THE ANNUAL GENERAL MEETING

Stonesoft Corporation Stock Exchange Release April 23, 2008

The Annual General Meeting (AGM) of Stonesoft Corporation held on April 23, 2008 confirmed the Financial Statements of the fiscal year 1.1.2007-31.12.2007 and granted release from liability for the Board of Directors and the Managing Director (CEO). AGM decided, according to the proposal of the Board of Directors, not to pay any dividend for the fiscal year 1.1.2007-31.12.2007.

AGM confirmed the number of Board members to be five and elected Ilkka Hiidenheimo, Topi Piela, Timo Syrjälä, Hannu Turunen and Matti Viljo as Board members. The compensation for the Board members was set to EUR 2,000 per month and 15.000 option-rights in Stock Option-program 2004 (3.750 options in categories A,B,C and D) and for the Chairman of the Board to EUR 4,000 per month and 15.000 option-rights in Option-program 2004 (3.750 options in categories A,B,C and D). It was further decided that the Board members who are the main shareholders in the company will not receive compensation.

Authorized public accountants Ernst & Young Oy with authorized public accountant Pekka Luoma as the main responsible auditor was re-elected as the auditor of the company,

Decision on authorization

It was decided to cancel the authorization granted by the AGM in 2007. The cancellation becomes valid when the new authorization is registered.

It was decided to authorize the Board of Directors to issue new shares and to grant option and other special rights. The total number of shares or rights to the shares issued may be 11.450.000 at the maximum.

The new shares to be issued in a new issue and/or the option or special rights may be offered for subscription either according to the shareholders´ pre-emptive subscription rights or in deviation from the shareholders´ pre-emptive subscription right, in case the deviation is justified by a weighty financial reason for the company, such as financing of an acquisition, enabling of a joint venture transaction, providing of additional financial alternatives, and/or an arrangement for incentive program directed to the company's personnel.

The issue may be directed partly or in full to the main shareholders, Ilkka Hiidenheimo and Hannu Turunen, who have reconfirmed to be ready to invest at least three (3) million Euros in the company in form of convertible bond in order to strengthen the company’s capital structure with an additional cash reserve and to ensure the continuance of the positive development in the future in line with the company’s strategy and growth plan. The commitment given by the main shareholders is in force until the end of the AGM in 2009.

The Board of Directors was authorized to decide on other terms and conditions related to the share issues and to the issuance of option or other special rights. The authorization is in force until the end of the 2009 AGM.

Stonesoft Corporation

Ilkka Hiidenheimo
Chief Executive Officer

For further information, please contact:

CEO Ilkka Hiidenheimo, Stonesoft Corporation
Tel. +358 9 47 67 11
ilkka.hiidenheimo(at)stonesoft.com

Distribution:

OMX Nordic Exchange Helsinki
www.stonesoft.com

Wednesday, April 23, 2008