Exel Composites Oyj - Decisions of extraordinary general meeting

Resolution of Exel Composites Plc's Extraordinary General Meeting

EXEL COMPOSITES PLC     STOCK EXCHANGE RELEASE                   10.12.2013 at
12.45 

Resolution of Exel Composites Plc's Extraordinary General Meeting


The Extraordinary General Meeting of Exel Composites Plc, which was held today
10 December 2013, resolved that based on the adopted financial statements for
the financial year ended on 31 December 2012, an additional capital repayment
of EUR 0.50 per share, as proposed by the Board of Directors, will be
distributed to shareholders in addition to already paid dividend of EUR 0.30
per share decided by the Annual General Meeting on 27 March 2013. 

The additional capital repayment will be paid from the reserve for invested
unrestricted equity. The additional capital repayment will be paid to
shareholders registered in the Company's shareholders' register maintained by
Euroclear Finland Ltd. on the record date for payment 13 December 2013. The
additional capital repayment will be paid on 20 December 2013. 

The Board of Directors of the Company considers that it will not propose any
dividend distribution to the Annual General Meeting 2014 due to the additional
capital repayment. 

The minutes of the Extraordinary General Meeting will be available on the
Company website www.exelcomposites.com no later than 23 December 2013. 



Vantaa, 10 December 2013



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
NASDAQ OMX Helsinki Ltd.
Main news media
www.exelcomposites.com



EXEL COMPOSITES IN BRIEF

Exel Composites (www.exelcomposites.com) 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.