Results of MIP EGM at 2,30pm

Vienna, 28 July 2008
 
 
During today’s extraordinary general meeting of Meinl International Power Ltd. held at Wiener Stadthalle/Vienna at 2:30 pm Vienna time, announced on 19 June 2008, 13 out of 17 agenda items were brought to vote. A motion of adjournment was brought to vote and was rejected. The results of each vote are shown below:
 
Agenda item 1:
That the composition of the board of directors of the Company (the “Board”) be amended by removing as directors all of the directors of the Company (save for Hans Haider) being directors of the Company at the date of the General Meeting.
 
Present:         28,813,663 certificates
For:        13,155,135 certificates
Against:         15,250,969 certificates
Abstained:  407,559 certificates
 
Agenda item 7:
That Michael Treichl be removed as a director of the Company.
 
Present:         28,767,386 certificates
For:        13,364,288 certificates
Against:         14,951,575 certificates
Abstained:  451,523 certificates
 
Agenda item 8:
That, conditional on receipt of approval from the Jersey Financial Services Commission in respect of the proposed appointment, Richard Boleat be appointed as a director of the Company.
 
Present:         28,755,913 certificates
For:        13,474,069 certificates
Against:         14,863,481 certificates
Abstained:  418,363 certificates
 
 
Agenda item 9:
That, conditional on receipt of approval from the Jersey Financial Services Commission in respect of the proposed appointment, George Baird be appointed as a director of the Company.
 
Present:         28,749,613 certificates
For:        13,421,634 certificates
Against:         14,920,116 certificates
Abstained:  407,863 certificates
 
Agenda item 10:
That, conditional on receipt of approval from the Jersey Financial Services Commission in respect of the proposed appointment, Hans-Peter Dohr be appointed as a director of the Company.
 
Present:         28,384,312 certificates
For:        13,062,683 certificates
Against:         14,915,766 certificates
Abstained:  405,863 certificates
 
Agenda item 11:
That, conditional on receipt of approval from the Jersey Financial Services Commission in respect of the proposed appointment, Wolfgang A.W.Vilsmeier be appointed as a director of the Company.
 
Present:         28,377,464 certificates
For:        13,068,766 certificates
Against:         14,903,436 certificates
Abstained:  405,262 certificates
 
Agenda item 12:
That, conditional on receipt of approval from the Jersey Financial Services Commission in respect of the proposed appointment, David L. Pascall be appointed as a director of the Company.
 
Present:         28,365,409 certificates
For:        13,056,614 certificates
Against:         14,902,932 certificates
Abstained:  405,863 certificates
 
Agenda item 13:
That, conditional on receipt of approval from the Jersey Financial Services Commission in respect of the proposed appointment, Fred Duswald be appointed as a director of the Company.
 
Present:         28,349,242 certificates
For:        13,043,047 certificates
Against:         14,900,932 certificates
Abstained:  405,263 certificates
 
Agenda item 14:
That, conditional on receipt of approval from the Jersey Financial Services Commission in respect of the proposed appointment, Björn Pirrwitz be appointed as a director of the Company.
 
Present:         28,279,543 certificates
For:        12,972,748 certificates
Against:         14,900,932 certificates
Abstained:  405,863 certificates
 
Agenda item 15:
That, conditional on receipt of approval from the Jersey Financial Services Commission in respect of the proposed appointment, Wilfried K. Hassler be appointed as a director of the Company.
 
Present:         28,280,528 certificates
For:        12,975,833 certificates
Against:         14,896,432 certificates
Abstained:  408,263 certificates
 
Agenda item 16:
That subject to the appointments referred to in resolutions 8 to 15 above, the Board be instructed to consider proposals to eliminate or reduce the discount of the current market value of the Company to the net asset value and to report to the shareholders of the Company.
 
Present:         28,279,929 certificates
For:        13,218,138 certificates
Against:         14,660,028 certificates
Abstained:  401,763 certificates
 
Agenda item 17:
That until the Board has reported to shareholders upon its proposals, the investment programme of the Company be suspended provided that this suspension shall not apply to any investment commitments already made or which are required to protect the value of existing investments or which the Company may make in bank deposits or short-term money market instruments.
 
Present:         28,278,929 certificates
For:        12,976,926 certificates
Against:         14,906,907 certificates
Abstained:  395,096 certificates
 
A motion of adjournment was brought to vote. The share of votes was as follows:
 
Present:         28,384,312 certificates
For:        11,195,354 certificates
Against:         16,826,098 certificates
Abstained:  362,860 certificates
 
 
Enquiries:         Meinl International Power
              iroffice@meinlpower.com