Vacon - Changes in company's own shares

Assignment of Vacon's own shares - share bonus scheme 2008-2010

Vacon Plc, Stock Exchange Release 22 April 2009, at 11.15 a.m.:

Vacon's Board of Directors has confirmed that the bonus in the share
bonus scheme for 2008 is 45% of the maximum amount. The Board decided
to assign 15,801 of the company shares held by the company without
consideration to the recipients of the bonus as the share portion of
the total bonus. In accordance with the terms of the share bonus
scheme, 55% of the total bonus is paid in cash and 45% as shares. For
the 2008 earnings period, the recipients of the bonus are 30 persons
in corporate management and other positions. The handover date for
the shares is 28 April 2009.

Vacon's Board of Directors decided in January 2008 to introduce a
share bonus scheme as part of the Group's program to provide
motivation and commitment for key personnel. The scheme was divided
into three separate one-year earnings periods, which were the
calendar years 2008, 2009 and 2010. The shares earned as a bonus must
be held for two calendar years after the end of the earnings period.
Those in the share bonus scheme have the opportunity for each of the
three years to earn a bonus of shares based on the financial success
of the company. The metrics chosen were revenues, operating profit
(EBIT) and turnover of working capital.

After handing over these shares, the company holds 86,011 of its own
shares.

Vacon in brief
Vacon is driven by a passion to design, manufacture and sell only the
best AC drives on the planet - and nothing else. AC drives can be
used to control electric motors or to help generate power from
renewable sources. Vacon has R&D and production units in Finland, the
United States, China and Italy, and sales offices in more than 25
countries. In 2008, Vacon had revenues of EUR 293.2 million and
globally employed ca 1,200 people. Vacon's shares (VAC1V) are listed
and publicly traded on the Helsinki Stock Exchange.


Driven by Drives, www.vacon.com

Vacon Plc

For more information, please contact:
Vesa Laisi, President and CEO, Vacon Plc, tel. +358 (0)40-8371 510
Mika Leppänen, Vice President, Finance and Control, Vacon Plc, tel.
+358 (0)40-8371 235

Distribution:
OMX Nordic Exchange
Financial Supervision Authority
Media