Vacon - Company Announcement

Vacon donates EUR 100,000 to Finnish universities

Vacon Plc, Stock exchange release, 16 September 2010 at 11.00 am:

The global AC drives manufacturer Vacon makes a donation of EUR 100,000 in total
to four Finnish universities. The recipients are Lappeenranta University of
Technology (EUR 35,000), University of Vaasa (EUR 25,000), Aalto University (EUR
20,000) and Tampere University of Technology (EUR 20,000).

The Annual General Meeting of Vacon Plc, held on 23 March 2010, decided to grant
a donation to one or more Finnish universities in the maximum amount of EUR
100,000 to support the fund-raising of the universities. At the same time, the
Annual General Meeting resolved to authorize the company's Board to decide on
the practical matters related to the donation such as the recipients and the
detailed donation terms.

- The Finnish educational system and first-class university education have been
important to Vacon's success, and this will be so in the future, too. Therefore,
Vacon's Board of Directors made a decision in September which expresses the
company's will to support university-level education and research in
technological disciplines in our country, says Jan Inborr, Chairman of Vacon's
Board of Directors.

After the reform of the Finnish Universities Act, the universities are facing
new challenges and new opportunities. With this donation, Vacon wants to
contribute to the continuous development of education and top-level know-how in
the field of technology in Finland.

For further information, please contact:

   · Vesa Laisi, President & CEO, Vacon Plc, tel. +358 40 8371 510
   · Sebastian Linko, Corporate Communications Director, Vacon Plc, tel. +358
40 8371 634

Vacon in brief

Vacon's operations are driven by a passion to develop, manufacture and sell the
best AC drives in the world - and nothing else. AC drives are used to control
electric motors and in renewable energy generation. Vacon has R&D and production
units in Finland, the USA, China and Italy, and sales offices in 27 countries.
In 2009 Vacon had revenues of EUR 272 million and globally employed 1200 people.
The shares of Vacon Plc (VAC1V) are quoted on the main list of the Helsinki
stock exchange.

Driven by Drives, www.vacon.com

Distribution

Financial Supervisory Authority
NASDAQ OMX Helsinki
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