Etteplan Oyj - Changes board/management/auditors

JUHA NÄKKI APPOINTED AS CEO OF ETTEPLAN OYJ

ETTEPLAN OYJ STOCK EXCHANGE RELEASE DECEMBER 20, 2011 AT 12:15 P.M.


JUHA NÄKKI APPOINTED AS CEO OF ETTEPLAN OYJ

The Board of Directors of Etteplan Oyj has appointed M. Sc. (Eng) Juha Näkki
(born 1973) as the new President and CEO of Etteplan Oyj as of January 1, 2012.
Juha Näkki has been employed by Etteplan Oyj since 2005 and has been a member
of Management Group since 2008. He has been responsible for the entire group's
operational business since February 2011. 

The Chairman of the Board of Etteplan Oyj Heikki Hornborg: “Etteplan's Board is
pleased that as a result of a thorough selection process the best candidate for
CEO was found within the company. Juha Näkki's operational responsibility in
Etteplan has grown consistently and the appointment as President and CEO of
Etteplan is a natural continuation in his career development. Juha Näkki has 
proven achievements and he is profoundly familiar with the design industry and
its' market. His contribution in creating Etteplan's strategy and increasing
the business in China has been remarkable and in him we will have a strong
leader to continue the implementation of Etteplan's strategy. On behalf of
Etteplan Oyj's Board of Directors I warmly wish the best of luck to Juha in
managing the CEO task successfully. We believe that he has excellent
qualifications to develop the company and to realize the profitable growth
according to strategy.” 

”I am enthusiastic about my new task as Etteplan's President and CEO and
thankful for the Board of Directors for their trust in me. Engineering design
is a growth industry which is in an interesting development phase due to
internationalization. Etteplan has a strong market position and I believe that
as CEO I am able to fulfill the targets the owners of the company have set for
Etteplan”, says Juha Näkki. 

Mr. Matti Hyytiäinen, President and CEO of Etteplan since the beginning of 2008
will be acting as CEO until December 31, 2011 after which he will join the
service of another company as previously announced. 

Information on Juha Näkki is available at Etteplan's Web site at
www.etteplan.com. 

Hollola, December 20, 2011

Etteplan Oyj

Board of Directors


Additional information:
Heikki Hornborg, Chairman of the Board, tel. +358 400 873 063


DISTRIBUTION:
NASDAQ OMX Helsinki
Major media
www.etteplan.com


Etteplan is a specialist in industrial equipment engineering and technical
product information solutions and services. Etteplan's engineering expertise
and service products cover the entire life cycle of the client's products. Our
customers are global leaders in their fields and operate in areas like the
automotive, aerospace and defense industries as well as the electricity
generation and power transmission sectors, and material flow management. 

Etteplan has comprehensive competence in electronics and embedded systems
development, automation and electrical design, mechanical design and technical
product information solutions and services. 

In 2010, Etteplan had turnover of EUR 104.8 million. The company currently has
approximately 1,600 experts in Finland, Sweden, and China. Etteplan's shares
are listed on NASDAQ OMX Helsinki Ltd under the ETT1V ticker.