2011-03-03 08:45:00 CET

2011-03-03 08:45:02 CET


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Exel Composites Oyj - Annual report/ annual accounts

Exel Composites' Annual Report 2010 and Corporate Governance Statement published



EXEL COMPOSITES PLC   STOCK EXCHANGE RELEASE           3.3.2010   at 9.45    1
(1) 



EXEL COMPOSITES' ANNUAL REPORT 2010 AND CORPORATE GOVERNANCE STATEMENT PUBLISHED



Exel Composites Plc has today issued its Annual Report 2010 and Corporate
Governance Statement on the Company's website at www.exelcomposites.com. 



The Corporate Governance Statement has been prepared in accordance with the
recommendation of the Finnish Corporate Governance Code. The statement as a PDF
is attached to this release. 





Vantaa, 3 March 2011



EXEL COMPOSITES PLC





Vesa Korpimies

President and CEO





FURTHER INFORMATION:

Vesa Korpimies, President and CEO, tel. +358 50 590 6754, or email
vesa.korpimies@exelcomposites.com 

Ilkka Silvanto, CFO and Administrative Director, tel. +358 50 598 9553, or
email ilkka.silvanto@exelcomposites.com 





DISTRIBUTION

DASDAQ OMX Helsinki Ltd.

Main news media

www.exelcomposites.com





EXEL COMPOSITES IN BRIEF

Exel Composites is a technology company which designs, manufactures and markets
composite profiles and tubes for industrial applications. The Group is the
leading composite profile manufacturer in the world and concentrates on growing
niche segments. 



The core of the operations is based on own, internally developed composite
technology, product range based on it and a strong market position in selected
segments with a strong quality and brand image. Profitable growth is pursued by
a relentless search for new applications and development in co-operation with
customers. The personnel's expertise and high level of technology play a major
role in Exel Composites' operations. 



Exel Composites Plc share is listed in the Small Cap segment of NASDAQ OMX
Helsinki Ltd.