Incap - Company Announcement

INCAP TO START COOOPERATION NEGOTIATIONS IN FINLAND

Incap Corporation   Stock Exchange Release   5 October 2009, 2 p.m.

Incap Corporation has today summoned negotiations in accordance with
the Cooperation Act with its personnel in Finland. The target of the
negotiations is to restructure operations and gain savings in costs.
This is estimated to mean temporary layoffs for a maximum duration of
90 days due to production and financial reasons.

Incap employs in Finland a total of 336 persons, of which 89
white-collar and 247 blue-collar workers. The Group's foreign
subsidiaries employ 439 persons.

The previous estimate for result and revenue in 2009, as given in the
interim report on 5 August 2009, is unchanged. The interim report for
January-September will be published on 4 November 2009.

INCAP CORPORATION

Sami Mykkänen
President and CEO

Further information:
Sami Mykkänen, President and CEO, Tel. +358 40 559 9047
Eeva Vaajoensuu, CFO, Tel. +358 40 763 6570
Hannele Pöllä, Director, Communications and HR, Tel. +358 40 504 8296

DISTRIBUTION
Nasdaq OMX Helsinki Ltd.
Principal media


INCAP IN BRIEF
Incap Corporation is an internationally operating contract
manufacturer whose comprehensive services cover the entire life-cycle
of electromechanical products from design and manufacture to
maintenance services. Incap's customers are leading equipment
suppliers in energy efficiency and well-being technology, for which
the company produces new competitiveness as a strategic partner.
Incap has operations in Finland, Estonia and India. The Group's
revenue in 2008 amounted to around EUR 94 million, and the company
currently employs approximately 770 people. Incap's shares are listed
on the NASDAQ OMX Helsinki. For additional information, please visit
our website, www.incap.fi.