Incap - Company Announcement

INCAP CONCLUDES CO-DETERMINATION PROCEDURE IN MATERIALS AND CORPORATE SUPPORT FUNCTIONS

INCAP CORPORATION  Stock Exchange Release  2 April 2008 at 11 a.m.


The co-determination negotiations concerning Incap's materials and
purchase functions as well as the corporate support functions in
Finland have concluded. As a result, five people will be made
redundant.

The co-determination procedure concerning the personnel at Incap's
Vuokatti factory still continue. These negotiations were initiated on
28 February 2008 and the eventual actions to be agreed upon include
temporary layoffs for a maximum of 90 days.


INCAP CORPORATION


Juhani Hanninen
President and CEO

For further information, please contact:
Juhani Hanninen, President and CEO, tel. +358 50 556 7199


DISTRIBUTION
OMX Nordic Exchange Helsinki
Principal media


INCAP IN BRIEF
Incap Corporation is a fast-growing, internationally operating
electronics contract manufacturer whose comprehensive service covers
the entire product life cycle from design and manufacture to repair
and maintenance services. In addition to electronics, Incap also
manufactures mechanical products and parts. The company specialises
in technically demanding products and product entities that are
manufactured in small and medium-sized production series. Incap's
main customers are leading equipment suppliers in telecommunication,
energy, industrial electronics, security as well as in medical and
well-being. Incap has operations in Finland, Estonia and India. The
Group's revenue in 2007 amounted to EUR 83 million and the company
currently employs approx. 810 persons. Incap's share is listed on the
OMX Nordic Exchange Helsinki. For additional information, please
visit www.incap.fi