Elektrobit Oyj - Company Announcement

EB, ELEKTROBIT CORPORATION, HAS APPOINTED JUKKA HARJU AS NEW CEO

STOCK EXCHANGE RELEASE
Available for publication on June 4, 2009 at 9.00 am (CEST +1)

EB, ELEKTROBIT CORPORATION, HAS APPOINTED JUKKA HARJU AS NEW CEO

EB, Elektrobit Corporation, has  appointed M.Sc (Eng.), M.Sc  (Econ.)
Jukka Harju as  CEO as of  June 4, 2009.  Along with the  appointment
Harju resigns from the membership of the EB's Board of Directors  and
from  the  chairmanship  of  the  Board's  committee  for  Automotive
Segment. Jorma Halonen, member of  EB's Board of Directors, has  been
elected as the new chairman of the Automotive committee.  In addition
to Halonen,  Seppo Laine,  Staffan Simberg,  Erkki Veikkolainen  will
continue to serve as EB Board  members and Juha Hulkko will  continue
as the Chairman of the Board.

Jukka Harju has been  member of EB board  since 2006. Harju has  been
working as a partner in Boier Capital Oy and before that he was Chief
Operating Officer 2005-2006  and Executive  Vice President,  Business
Development 2000-2004 in Elektrobit Corporation. During 1994-1999  he
was Managing Director in Tellabs Ltd  and before that Harju was  Vice
President in  Nokia  Telecommunications  Ltd and  served  also  other
duties in Nokia.

CEO Pertti Korhonen has resigned from EB as of June 3, 2009 and  will
move on to serve Outotec Oyj as President and CEO.

Further information:

Jukka Harju
CEO
Tel. +358 40 344 5466

Outi Torniainen
Director, Communications and marketing
Tel, +358 40 512 1375

Distribution:
NASDAQ OMX Helsinki Ltd
Main media

EB, Elektrobit Corporation
EB develops advanced technology and transforms it into enriching  end
user experiences. EB specializes  in demanding embedded software  and
hardware  solutions  for   the  automotive   industry  and   wireless
technologies. The company's net sales  for the year 2008 totaled  EUR
172.3  million.  Elektrobit  Corporation  is  listed  on  NASDAQ  OMX
Helsinki Ltd. www.elektrobit.com