Incap - Changes board/management/auditors

APPOINTMENTS IN INCAP'S MANAGEMENT

Incap Corporation  Stock exchange release  2 January 2009 at 2.30
p.m.

Incap is proceeding with the renewal of its operating model and has
appointed directors for the business units which have been
established based on customer segments.

Jari Koppelo, B.Sc. (Eng.), born 1975, has been appointed Director of
the business unit Energy Efficiency Europe and a member of the
Management Team. He has held previously versatile positions in
technical sales and marketing both abroad and in Finland. After
having served for more than 7 years at ABB Oy he has gained solid
experience in the products and business of energy and electric power
technology.

Kimmo Akiander, M.Sc. (Eng.), born in 1969, has been appointed
Director of the business unit Well-being solutions and a member of
the Management Team. He has during his entire career been in charge
of customer relations in both selling and leading sales organisations
as well as in providing customer-specific solutions. He has worked
previously among others at Cencorp Corporation, Efore plc and at
Ascom Energy Systems in Finland and in Germany.

The business unit Emerging business includes different key accounts
that are in the stage of growth and development. Sami Mykkänen,
President and CEO of Incap Group, is responsible for this business
unit on temporary basis.

The new operating model aims at providing Incap's customers with new
competitive edge. The business units have in-depth awareness of the
customers' businesses and needs and are therefore able to ensure
quick and efficient service for their customers. The business units
are responsible for revenue volume and customer profitability, for
producing solutions and services as well as for developing life-cycle
services for their own clientele."I am very satisfied that we have through these new appointments
gained solid experience and knowledge to Incap, bringing advantage to
our customers in selected business areas. Now that the new key
persons have joined the team, we continue with the fine-tuning of our
operating model. We will proceed vigorously in the implementation of
strategy and are entering the new year with trust", says Incap
Group's President and CEO Sami Mykkänen.

Management Team

Incap's management team includes besides Sami Mykkänen (President and
CEO) Jarmo Kolehmainen (Director, Energy efficiency Asia), Jari
Koppelo (Director, Energy efficiency Europe), Kimmo Akiander
(Director, Well-being solutions), Mikko Hirvinen (Chief Operations
Officer), Eeva Vaajoensuu (Chief Financial Officer) and Hannele Pöllä
(Director, Communications and Human Resources).

INCAP CORPORATION

Further information:
Sami Mykkänen, President and CEO, Tel. +358 40 559 9047
Eeva Vaajoensuu, CFO, Tel. +358 40 763 6570
Hannele Pöllä, Director, Communications and HR, Tel. +358 40 504 8296

DISTRIBUTION
NASDAQ OMX Helsinki Ltd
Principal media
www.incap.fi

INCAP IN BRIEF
Incap Corporation is an internationally operating contract
manufacturer whose comprehensive services cover the entire life-cycle
of electromechanical products from design and manufacture to
maintenance services. Incap's customers include leading equipment
suppliers in energy efficiency and well-being technologies, for which
the company produces new competitiveness as a strategic partner.
Incap has operations in Finland, Estonia and India. The Group's
revenue in 2007 amounted to EUR 83 million and the company currently
employs approximately 730 people. Incap's share is listed on the
NASDAQ OMX Helsinki. Additional information: www.incap.fi.