Elcoteq - Company Announcement

PROPOSAL BY ELCOTEQ'S NOMINATION COMMITTEE TO THE ANNUAL GENERAL MEETING ON THE ELECTION OF BOARD MEMBERS

Elcoteq SE		Stock Exchange Release  	February 6, 2008 at 8.50 am (EET)

The Nomination Committee of Elcoteq SE's Board of Directors will propose to the
Annual General Meeting on March 25, 2008 that all current seven Board members
be re-elected. The Board may have at least four and at most eight members
according to the company's Articles of Association. Board members are elected
for a one-year period until the end of the following Annual General Meeting. 
Elcoteq SE's Board of Directors currently comprises President Martti Ahtisaari;
Mr. Heikki Horstia, Vice President, Treasurer of Wärtsilä Corporation; Mr. Eero
Kasanen, Rector of the Helsinki School of Economics; Mr. Antti Piippo,
principal owner and founder-shareholder of Elcoteq SE; Mr. Henry Sjöman,
founder-shareholder of Elcoteq SE; Mr. Juha Toivola, Director; and Mr. Jorma
Vanhanen, founder-shareholder of Elcoteq SE. 
All the aforesaid individuals have given their consent to their re-election. 


ELCOTEQ SE 

Tuula Hatakka
Senior Vice President, Treasury and Investor Relations


About Us:

Elcoteq SE is a leading electronics manufacturing services (EMS) company in the
communications technology field. Elcoteq's global service offering covers the
entire lifecycle of products, from product development to after-market
services. By further combining mechanics expertise into its service offering,
Elcoteq's vision is to be a leading integrated electronics manufacturing
services (IEMS) company. 

Elcoteq provides global end-to-end solutions consisting of product development
services, supply chain management, NPI, manufacturing, and after-market
services for the whole lifecycle of its customers' products. These products
include Personal Communications products such as mobile phones and their parts,
Home Communications products such as set-top boxes and electronics for flat
screen TVs as well as Communications Networks products such as base-stations,
tower-top amplifiers, and microwave systems. 

Elcoteq operates in 16 countries on four continents and employs some 24,000
people. The Group's consolidated net sales for 2006 totaled 4.3 billion euros.
Elcoteq SE is listed on the Helsinki Stock Exchange.  For more information
visit the Elcoteq website at www.elcoteq.com.