News

The Annual Genral Meeting of SSH on April 19 , 2001 has unanimously
confirmed the financial statements and decided on release from
liability to the Board of Directors and the President and CEO for
the financial year January 1, 2000 - December 31, 2000. The General
Meeting decided in accordance with the proposal of the Board of
Directors that no dividend shall be distributed.

In the General Meeting, Mr George Adams, Mr Bo Harald, Mr Tapio
Kallioja, Mr Markku Kangas, Mr Arto T Karila, Mr Tomi Laamanen and
Mr Tatu Ylönen were elected as members to the Board of Directors of
SSH Communications Security Corp.

As an auditor was elected an auditor firm chartered by the Central
Chamber of Commerce SVH PricewaterhouseCoopers Oy.

The General Meeting decided in accordance with the proposal of the
Board of Directors to amend the Articles of Association so that
there is no need to elect a deputy auditor for the Company, if an
auditor firm chartered by the Central Chamber of Commerce has been
elected as a principal auditor, and that the notice of a General
Meeting is to be delivered to shareholders 17 days prior to the
General Meeting at the latest, and that the last date to give a
prior notice of attendance to the General Meeting may be 10 days
prior to the General Meeting at the earliest.

The General Meeting decided in accordance with the proposal of the
Board of Directors to authorize the Board of Directors to decide
before April 19, 2002 on raising the share capital through issuance
of new shares, and/or stock options, and/or an option loan or a
convertible bond, so that the share capital can increase due to the
authorization by 108.000 euros at maximum.

The General Meeting approved the proposal of the Board of Directors
for a new stock option program of SSH, whereby the personnel of the
group may be offered a maximum aggregate number of one million
stock options. Each stock option entitles to subscribe for one
share of SSH with a par value of three cents. The term of share
subscription shall commence gradually subject to the stock option
certificates on May 1, 2002; May 1, 2003; May 1, 2004; and May 1,
2005, and terminate within two years from the beginning of each
term. The subscription price of a share is the average of the
closing price of SSHs shares on trading days in Helsinki Stock
Exchange during February 1, 2001  April 12, 2001, thus 7,63 euros.

SSH COMMUNICATIONS SECURITY CORPORATION

Markku Kangas
President and CEO

Distribution:
Helsinki Exchanges
The Main Media

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