Multipower ASA: Result of AGM | Company Announcements

Monday 30 June, 2008

Multipower ASA

Result of AGM

RNS Number : 9161X

Multipower ASA

30 June 2008

MultiPower ASA

30 June 2008

MultiPower ASA

Result of AGM

The Board of MultiPower ASA ('MultiPower' or the 'Company') announces that all resolutions proposed at the

Company's Annual General Meeting ('AGM') held this morning were duly passed.

As a result of these approvals by the general assembly, 87,500,000 new shares will be issued at a price of NOK 0.05

per share raising a total of NOK 4,375,000. Application will be made for the new shares to be admitted to trading on

AIM and admission is expected to take place on Friday 4 July 2008. Following the admission of these shares there

will be 188,096,570 shares in issue.

Enquiries:

MultiPower

Morten Hansson

Chief Executive Officer

+ 47 67 82 70 40

HansonWesthouse

Bill Staple

Martin Davison

020 7601 6100

This information is provided by RNS

The company news service from the London Stock Exchange

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