Etteplan Oyj - Changes board/management/auditors

THE CEO OF ETTEPLAN OYJ WILL CHANGE

ETTEPLAN OYJ, STOCK EXCHANGE RELEASE, OCTOBER 10, 2011, AT 08.15 A.M.


THE CEO OF ETTEPLAN OYJ WILL CHANGE

Etteplan Oyj's President and CEO Matti Hyytiäinen will join another company.

The Chairman of the Board of Directors of Etteplan Oyj Heikki Hornborg: “Under
Matti Hyytiäinen's management company's operations have been adapted to
correspond the changed markets. During his management period we have also
significantly expanded Etteplan's China operations.” 

The selection of a new CEO, initiated by the Board of Directors of Etteplan
Oyj, aims at executing the key strategic targets of Etteplan. The company is
one of the leading Nordic actors in its industry, industrial equipment
engineering. Our current strong market position creates excellent foundation
for profitable growth. 

To ensure flexible transfer of CEO tasks it has been agreed that Matti
Hyytiäinen will continue if needed in his task as the company's CEO until March
31, 2012. 

Hollola, October 10, 2011

Etteplan Oyj

Board of Directors


Additional information:
Heikki Hornborg, Chairman of the Board of Directors, tel. +358 400 873 063


DISTRIBUTION:
NASDAQ OMX Helsinki
Major media
www.etteplan.com


Etteplan is a specialist in industrial equipment engineering and technical
product information solutions and services. Our customers are global leaders in
their fields and operate in areas like the automotive, aerospace and defence
industries as well as the electricity generation and power transmission
sectors, and material flow management. 

Etteplan has comprehensive competence in electronics and embedded systems
development, automation and electrical design, mechanical design and technical
product information solutions and services. 

In 2010, Etteplan had turnover of EUR 104.8 million. The company currently has
approximately 1,600 employees. Etteplan's shares are listed on NASDAQ OMX
Helsinki Ltd under the ETT1V ticker.