Vacon - Changes board/management/auditors

Jaana Klinga appointed Vacon Plc's Secretary to the Board

Vacon Plc, Stock Exchange Release, 30 November, 2012 at 1.00 pm (EET)

Effective from January 1, 2013, Vacon's General Counsel Jaana Klinga has been
appointed Vacon Plc's Secretary to the Board. Vacon's present Secretary to the
Board, Stefan Wikman will continue in this role until December 31, 2012."I wish to thank Stefan Wikman for his valuable contribution to the work of
Vacon Plc's Board of Directors," says Mr Jan Inborr, Vacon Plc's Chairman of the
Board.

Jaana Klinga has been working as Vacon Plc's General Counsel since 2011.

Vacon Plc

Vacon in brief

Vacon is driven by a passion to develop, manufacture and sell the best AC drives
and inverters in the world - and to provide efficient life-cycle services for
its customers. Our AC drives offer optimum process control and energy efficiency
for electric motors. Vacon inverters are a key component in producing energy
from renewable sources. Vacon has R&D and production units in Europe, Asia and
North America, and sales companies in 27 countries. Vacon also has sales and
service representatives in almost 90 countries. In 2011, Vacon had revenues of
EUR 380.9 million and globally employed 1,500 people. The shares of Vacon Plc
(VAC1V) are quoted on the main list of the Helsinki stock exchange (NASDAQ OMX
Helsinki).

Driven by Drives, www.vacon.com

For more information:

  * President and CEO, Vesa Laisi, Phone +358 (0)40 837 1510, e-mail
    vesa.laisi(at)vacon.com

Distribution

NASDAQ OMX Helsinki
Financial Supervisory Authority
Main media


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