Elektrobit Oyj - Company Announcement

CHANGE IN THE MANAGEMENT OF EB, ELEKTROBIT CORPORATION

STOCK EXCHANGE RELEASE

Free for publication on December 15, 2010 at 9:15 am (CET+1)
CHANGE IN THE MANAGEMENT OF EB, ELEKTROBIT CORPORATION

The employment of Jarkko Sairanen, President of the EB Automotive Business
Segment and Managing Director of Elektrobit Automotive GmbH, will end as
mutually agreed between EB and Mr. Sairanen. He will continue in his current
role until March 31, 2011, and thereafter start at Pöyry Plc as Executive Vice
President and President of the Management Consulting business group and member
of the Group Executive Committee of Pöyry Plc.

Sairanen led EB's Automotive software business in Germany for three years from
2007 to 2010, and he returned back to Finland in the fall of 2010.

EB, Elektrobit Corporation is currently looking for a successor for this
position in Germany.


Further information:
Jukka Harju
CEO
Tel. +358 40 344 5466

Distribution:
NASDAQ OMX Helsinki Oy
Major 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 2009 totaled EUR 153.8 million. Elektrobit Corporation is
listed on the NASDAQ OMX Helsinki.www.elektrobit.com


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