True Heading provides information from AGM

True Heading, held its first annual general meeting as public company for its sharholders on November 23rd. Please find attached summary from the meeting below

The Meeting of the True Heading AB (publ) was held at. 14:00, 2010-11-23, and in summary the following was resolved;

• Chairman Erik Asplund welcomed all the participants and handed over to the attorney Jenny Grunden chosen to chair the meeting.

• President Anders Bergstrom told briefly about the year completed projects and what the company is currently doing.

• The meeting approved the annual financial report and that the result shall be disposed of as proposed in the Report, and to grant members of the Board and Chief Executive Officer continued trust.

• Meeting decided to grant the Board´s mandate to decide issues in accordance with the meeting presented proposal.

• The Meeting decided to change the statutes regarding the company´s fiscal year to be 1 / 1 to 31/12 in accordance with the proposal.

• Meeting decided to amend the statutes relating to call for meetings according to the board´s proposal.

• Meeting decided that fees paid to directors and auditors shall be paid according to a proposal.

• The board members were elected; Erik Asplund, Anders Bergstrom, Magnus Nyberg, Nils Willart. Previously announced the election of new board member was not as announced via press release 2010-11-19 and 2010-11-23.

• No other business to report.

Danderyd 2010-11-23

True Heading AB