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PI Power International Limited

EANS-News: PI Power International Limited
Annual General Meeting Approves All Resolutions with an Overwhelming Majority

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  Corporate news transmitted by euro adhoc. The issuer/originator is solely
  responsible for the content of this announcement.
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Annual & Special Corporate Meetings

St Helier, Jersey, Channel Islands (euro adhoc) - Jersey/Vienna, May 10, 2011 - All proposed resolutions on the agenda of the Annual General Meeting (AGM) of PI Power International Limited (PI) held today, Tuesday, in Vienna, were approved by a majority of about 99%.

As the Articles of Association of PI require that each director shall retire at each AGM, the current Board of Directors put themselves forward for re-election. James Shinehouse, Richard Boléat, George Baird and Murdoch McKillop were re-elected as directors of PI. James Shinehouse was also re-elected to the position of Managing Director of PI.

In addition, the AGM also approved PI´s annual accounts, the directors` report and the auditor´s report for the period January 1, 2010 to December 31, 2010. Grant Thornton Wirtschaftsprüfungs- und Steuerberatungs-GmbH, Vienna, was once again appointed as auditor to the company.

end of announcement                               euro adhoc
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Contact:

Metrum Communications GmbH
Investor Relations and Public Relations
Mick Stempel
T: +43 1 504 69 87-385
M: m.stempel@metrum.at

Branche: Energy
ISIN: AT0000A05W59
WKN:
Index: other listings
Börsen: Wien / Third Market

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