ETTEPLAN OYJ’S EXTRAORDINARY GENERAL MEETING OF SHAREHOLDERS

ETTEPLAN OYJ'S EXTRAORDINARY GENERAL MEETING OF SHAREHOLDERS

The Extraordinary General Meeting of Etteplan Oyj was held today,
21 September 2005, in Helsinki. The Extraordinary General Meeting passed the
motions put forward by the Board of Directors to authorize the Board of Directors
to increase the share capital, to take convertible loans and/or issue option
rights. In addition the Extraordinary General Meeting passed the motion by the
Board of Directors to amend the paragraph 10 § of the Articles of Association.

Mr. Pertti Nupponen, Doctor of Economic Sciences, Master of Science in
Engineering was elected as a new member of the Board of

Directors to replace the late member of the Board of Directors,
Mr. Tapani Tuori.

All the resolutions of the Extraordinary General Meeting were passed
unanimously.

The Extraordinary General Meeting made a resolution to cancel and remove from the
Trade Register the authorization of the Board of Directors to take convertible
loans and/or issue option rights and/or decide to increase the share capital
resolved by the Annual General Meeting on March 23rd, 2005.

The Extraordinary General Meeting made the following resolutions, too:

(i)
a resolution according to which the Board of Directors is authorized to decide
within one year from the date of the Extraordinary General Meeting to take one or
more convertible bond loans and/or issue option rights and/or decide to increase
the share capital in one or more lots by using new issue so that when issuing
convertible bonds or option rights or new issues, the Board of Directors'
unexercised, valid authorizations shall, with regard to the total amount of
increase and the total number of voting rights attached to the shares to be
issued, correspond together to no more than one-fifth of the registered share
capital and the aggregate number of voting rights attached to the shares at the
date of the resolution of the General Meeting of Shareholders concerning the
authorization and the decision of the Board of Directors to increase the share
capital. Pursuant to the authorization the company's share capital may be
increased by a maximum of EUR 454,802.25.

The authorization shall include the right to deviate from the
shareholders' pre-emptive rights to subscribe for new shares according to Chapter
4 Section 2 of the Companies Act and the right to decide on the subscription
prices, the parties entitled to subscribe for the shares, the terms and
conditions applicable to the subscription as well as the terms and conditions of
the convertible bond loans and option rights. Deviation from the shareholders'
pre-emptive rights is subject to a weighty financial reason, such as financing of
a company acquisition, other arrangement in connection with the development or
the company's business or equity and/or an incentive scheme to the personnel. In
connection with the increase of the share capital by way of a new share issue the
Board of Directors is entitled to decide that the shares can be subscribed
against contribution in kind or otherwise under special terms and conditions. The
Board of Directors may not decide in favour of a member of the inner circle of
the company.

The authorization is effective for a period of one year from the
resolution of the Extraordinary General Meeting, i.e. from
September 21st, 2005 to September 21st, 2006.

(ii)
a resolution to amend the paragraph 10 § of the Articles of Association as
follows:

"10 § Shareholders' Meeting"

The shareholders' meeting shall be held at the company's domicile
or in Lahti, in Vantaa or in Helsinki as decided by the Board of Directors of the
Company.


Hollola, 21 September 2005

Etteplan Oyj

Board of Directors


For additional information, contact:
CEO Heikki Hornborg, tel. +358 400 873 063.


DISTRIBUTION: Helsinki Exchanges
              www.etteplan.com