Result of General Meeting
15 July 2009
Fiberweb plc (the "Company") announces that at the General Meeting of the Company held earlier today, the ordinary resolution (the "Resolution") proposed to approve the joint venture transaction (the "Joint Venture Transaction") described in the circular to shareholders of the Company dated 26 June 2009 was duly passed by the shareholders of the Company. It is expected that the Joint Venture Transaction will be completed on 31 July 2009.
A copy of the Resolution will be submitted to the Financial Services Authority shortly and will be available for inspection at the Financial Services Authority's Document Viewing Facility which is situated at:
Financial Services Authority
25 The North Colonnade
Canary Wharf
London
E14 5HS
Telephone: 020 7066 1000
Details of the proxy voting instructions for the Resolution lodged prior to the General Meeting are set out below and will be displayed shortly on the Company's website: www.fiberweb.com (investor relations section)
| RESOLUTION |
FOR |
% |
DISC |
% |
AGAINST |
% |
WITH-HELD |
% |
| To approve the proposed joint venture transaction described in the circular to shareholders of the Company dated 26 June 2009 |
91,882,633 |
99.95 |
39,401 |
0.04 |
2,880 |
0.01 |
48,700 |
0.04 |
A vote withheld is not a vote in law and is not counted in the calculation of proportion of votes "For" or "Against" a resolution.
The total shares in issue at 13 July 2009 were 122,440,375, of which 91,973,614 (72.15%) including abstentions were voted.
Total number of ordinary shareholders 3,669
Total number of proxy instructions lodged 418
Percentage of ordinary shareholders who lodged proxies 11.39
Enquiries:
Fiberweb plc
020 8439 8594
Daniel Dayan, Chief Executive Officer
Dan Abrams, Chief Financial Officer