Sievi Capital Oyj - Changes board/management/auditors

HEIKKI VESTERINEN APPOINTED AS CIO AND CFO OF SIEVI CAPITAL PLC

SIEVI CAPITAL PLC      STOCK EXCHANGE RELEASE   8 AUGUST 2013    9.00 A.M.

HEIKKI VESTERINEN APPOINTED AS CIO AND CFO OF SIEVI CAPITAL PLC

M.Sc.(Econ.)Heikki Vesterinen (1976) has been appointed as CIO and CFO of Sievi
Capital plc. He will start in his new task on 1 September 2013. 

Heikki Vesterinen has worked since 2010 in Finnish Industry Investment Ltd as
Investment Director. Previously he has worked among others as Director for
Kaupthing Bank hf. 



SIEVI CAPITAL PLC
Harri Takanen
President


Additional information:
Harri Takanen, President and CEO
Tel. +358 8 4882 502



DISTRIBUTION          NASDAQ OMX, Helsinki
                      Key media
                      www.sievicapital.com



Sievi Capital plc is an investment company whose task is to manage the
company's assets efficiently and profitably by distributing risks and looking
for new growth opportunities through these measures. 

Sievi Capital plc's associated companies:

Kitron ASA (KIT) (Sievi Capital plc's holding 33.0%) is a Norwegian listed
contract manufacturer that operates in five different customer segments: the
marine and oil industry, basic industry, defence equipment industry, hospital
and healthcare equipment industry and data and telecommunications industry. In
addition to Norway, Kitron has plants and production in Sweden, Lithuania,
Germany, China and the United States. Kitron ASA's turnover for 2012 was NOK
1,695.1 million (approximately EUR 231.0 million). www.kitron.com 

iLOQ ltd (Sievi Capital plc's holding 23.3%) develops, manufactures and markets
innovative, patented, high-security, electronic and self-operated locking
solutions that combine modern mechatronics with communications and software
technology. The added customer value of the iLOQ S10 product concept has been
shown to be good, and the company has achieved a significant market position in
the Nordic countries and a favourable reception in Central Europe. Marketing of
the DIN-compliant lock cylinder solution developed for the Central European
market has commenced in Germany and the Netherlands. www.iloq.fi 

IonPhasE ltd (Sievi Capital plc's holding 35.8%) develops and manufactures
highquality dissipative polymers that help to control static electricity in
plastic products. IonPhasE products are utilised in a wide range of industries,
such as chemicals, automotive, telecommunications and consumer electronics.
IonPhasE manufactures IonPhasE IPE polymers based on its patented proprietary
technology. www.ionphase.fi 

Panphonics ltd (Sievi Capital plc's holding 40.0%) is a leading manufacturer of
products based on directional audio technology. Panphonics manufactures
solutions based on proprietary patented directional audio technology for
acoustically demanding applications. The company's SoundShower speaker
solutions are used in banks, in-store advertising systems, information kiosks
and offices. In addition, Panphonics is a component manufacturer of plane wave
technology. www.panphonics.com 

Along with these associated companies, Sievi Capital plc holds 10.2% of in
Apetit plc, and 14.0% of Efore plc (changed 12.7.2013). 
Apetit plc is a food production company whose shares are quoted on NASDAQ OMX
Helsinki Ltd. The group's business segments are Frozen Food, Seafood and Grains
and Oilseeds. Apetit operates in the northern Baltic Sea region. www.apetit.fi 
Efore is a company which develops and manufactures demanding power products for
electronics. Its shares are quoted on the NASDAQ OMX Helsinki. In addition to
Finland, the company has R&D and marketing units in China and Sweden. The
company's production unit is located in China. www.efore.fi