Vacon - Major shareholder announcements

Notification of a change in shareholding under the Finnish Securities Markets Act

Vacon Plc, Stock exchange announcement, 20 February 2009 at 3.00
p.m.:

Vacon Plc has received information to the effect that Ameriprise
Financial, Inc. and its group's shareholding in Vacon Plc has
exceeded the threshold of 5% of the company's shares and voting
rights. The combined direct and indirect shareholding of Ameriprise
Financial and its group remains at 783,288 shares representing 5.121
percent of the shares and voting rights.

On February 18, 2009 Ameriprise Financial and its group, of which
Threadneedle Asset Management Holdings Limited is the holding company
in the UK, bought 55,500 shares.

Vacon Plc has only one class of shares and the total number of shares
is 15,295,000. Each share is entitled to one vote.

Vacon in brief:
Vacon was established in 1993 from a passion to develop and produce
AC drives globally. It is a matter of honour for Vacon to offer
customers efficient, reliable and easy to use means for improving
process control and saving energy and costs. Vacon's solutions
represent clean technology. They can be used to control the speed of
electric motors used by industry and municipal engineering, and in
power generation using renewable energy. Vacon provides AC drives in
the power range 0.25 kW - 5 MW. Revenues in 2008 totalled EUR 293.2
million.

VACON PLC

Vesa Laisi
President and CEO

FOR FURTHER INFORMATION PLEASE CONTACT:

  * Mr. Vesa Laisi, President and CEO, Vacon Plc, phone: +358 (0)40
    8371 510, e-mail: vesa.laisi@vacon.com  * Mr. Mika Leppänen, Vice President, Finance & Control, phone: +358
    (0)40 8371 235, e-mail: mika.leppanen@vacon.com



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