Exel Composites Oyj - Major shareholder announcements

Exel Composites Plc: Announcement regarding change in shareholdings

EXEL COMPOSITES PLC          STOCK EXCHANGE RELEASE          8 MAY 2017 at 12:30
EET
Exel Composites Plc has on 8 May 2017 received a disclosure under Chapter 9,
Section 5 of the Finnish Securities Markets Act according to which the holding
of Nordea Funds Ltd has fallen below 5% of the voting rights and share capital
in Exel Composites Plc.

Through share transactions concluded on 4 May 2017, the total holding of Nordea
Funds Ltd amounts to 573,138 shares representing 4,82% of the shares and voting
rights of the Company.

Exel Composites has a total of 11,896,843 shares. There is only one class of
shares, each share entitling one vote.

Vantaa, 8 May 2017

Exel Composites Plc

Mikko Kettunen
CFO
For further information, please contact:

Mikko Kettunen, CFO
tel. +358 50 347 7462
mikko.kettunen@exelcomposites.com

Distribution

Nasdaq Helsinki Ltd
Main news media
www.exelcomposites.com
Exel Composites in brief

Exel Composites (www.exelcomposites.com) is a leading composite technology
company that designs, manufactures and markets composite products and solutions
for demanding applications. Exel Composites provides superior customer
experience through continuous innovation, world-class operations and long-term
partnerships.

The core of the operations is based on own, internally developed composite
technology, product range based on it and strong market position in selected
segments with a strong quality and brand image. Profitable growth is pursued by
a relentless search for new applications and development in co-operation with
customers. The personnel’s expertise and high level of technology play a major
role in Exel Composites’ operations. Exel Composites Plc share is listed in
Nasdaq Helsinki Ltd.