Elektrobit Oyj - Company Announcement

LISTING TIME SCHEDULE IN 2014 FOR SHARES SUBSCRIBED PURSUANT TO ELEKTROBIT CORPORATION'S SERIES 2008A-B STOCK OPTIONS AND THE EFFECT OF POTENTIAL CAPITAL REPAYMENT ON SHARE SUBCRIPTION PRICE

STOCK EXCHANGE RELEASE
Free for publication on November 7, 2013, at 8.00 a.m. (CET+1)

LISTING  TIME  SCHEDULE  IN  2014 FOR  SHARES  SUBSCRIBED PURSUANT TO ELEKTROBIT
CORPORATION'S  SERIES 2008A-B STOCK OPTIONS AND  THE EFFECT OF POTENTIAL CAPITAL
REPAYMENT ON SHARE SUBCRIPTION PRICE

The  Board of Directors  of Elektrobit Corporation  has decided upon the listing
time schedule in 2014 for shares to be subscribed for pursuant to series 2008A-B
stock options, as follows:

Shares  subscribed by January 27, 2014 including this  day, will be listed on or
around February 11, 2014
Shares  subscribed by  March 31, 2014 including  this day,  will be listed on or
around April 15, 2014
Shares  subscribed  by  June  9, 2014 including  this  day, will be listed on or
around June 25, 2014
Shares  subscribed by August  18, 2014 including this day,  will be listed on or
around September 2, 2014
Shares  subscribed by October 15, 2014 including this  day, will be listed on or
around October 30, 2014
Shares  subscribed by December 1, 2014 including this  day, will be listed on or
around December 16, 2014

Earlier  decided listing time  schedule in 2013 for  shares to be subscribed for
pursuant to series 2008A-B stock options is as follows:
Shares  subscribed by November 21, 2013 including this day, will be listed on or
around December 9, 2013.

New shares to be subscribed for pursuant to series 2008A-B stock options will be
listed  as additional  lots of  Elektrobit Corporation's  shares on the official
list  of NASDAQ OMX Helsinki  together with the old  shares after the new shares
have been registered.

In   addition,   on  November  6, 2013 the  Board  of  Directors  of  Elektrobit
Corporation  has decided to  propose to the  Extraordinary General Meeting to be
held  on December 4, 2013 that on the  basis of the financial statements adopted
for  the financial  period ended  on December  31, 2012, funds from the invested
non-restricted  equity fund  be distributed  to shareholders  as a  repayment of
capital,  with the  capital repayment  amounting to  EUR 0.11 per  share. If the
repayment  of capital  is executed  as proposed  by the  Board, as  a result the
subscription  prices of shares pursuant to the series 2008A-C stock options will
be reduced with the amount of the capital repayment per share on the record date
of  the capital repayment in accordance with  the terms of the stock options. In
such  case the  share subscription  price pursuant  to stock  options 2008A will
reduce  to EUR 0.07, pursuant to stock options 2008B to EUR 0.73 and pursuant to
stock options 2008C to EUR 0.61.

The  share  subscription  period  for  stock  options  2008A will  end  on March
31, 2014. The  share  subscription  period  for  stock options 2008B will end on
March  31, 2015. The terms and conditions of stock options 2008 are available in
www.elektrobit.com/investors in the Company's web pages.

Notice  to the General  Meeting has been  published in a  stock exchange release
today,  November  7, 2013 and  is  available  in  the  Company's  web  pages  at
www.elektrobit.com/investors.

Oulu, November 7, 2013

Elektrobit Corporation
Board of Directors


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

Päivi Timonen
Chief Legal Officer
Tel. +358 40 344 2794

Distribution:

NASDAQ OMX Helsinki
Principal media


Elektrobit (EB)
EB creates advanced technology and turns it into enriching end-user experiences.
EB  is specialized  in demanding  embedded software  and hardware  solutions for
wireless  and automotive industries. The net sales from continuing operations in
2012 totaled   MEUR  185.4. Elektrobit  Corporation  is  listed  on  NASDAQ  OMX
Helsinki. www.elektrobit.com

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