Elektrobit Oyj - Company Announcement

TRANSFER OF ELEKTROBIT CORPORATION'S SERIES 2008C STOCK OPTIONS TO THE BOOK-ENTRY SYSTEM AND LISTING OF STOCK OPTIONS 2008C ON THE OFFICIAL LIST OF NASDAQ OMX HELSINKI

STOCK EXCHANGE RELEASE
Free for publication on December 20, 2013, at 12.15 pm. (CET+1)

TRANSFER  OF ELEKTROBIT  CORPORATION'S SERIES  2008C STOCK OPTIONS  TO THE BOOK-
ENTRY  SYSTEM AND LISTING OF STOCK OPTIONS  2008C ON THE OFFICIAL LIST OF NASDAQ
OMX HELSINKI

The  Board of Directors of Elektrobit Corporation has decided on the transfer of
series  2008C stock options  to the  Finnish book-entry  system and to apply for
listing  of 1.400.000 stock  options 2008C on  the official  list of  NASDAQ OMX
Helsinki. Application will be made for the listing to commence on April 1, 2014.

The  Board of Directors of Elektrobit  Corporation has also decided that Svenska
Handelsbanken AB (publ) Branch Operation in Finland, Aleksanterinkatu 11, 00100
Helsinki, shall act as the share subscription place and that subscriptions shall
be made by paying the share subscription price.

The  share subscription period  for series 2008C stock  options will commence on
April  1, 2014 and will end on March  31, 2016. The share subscription price for
series  2008C stock options is EUR 0.61 per share. The amount of the dividend or
the  amount  of  the  distributable  non-restricted  equity decided before share
subscription  will  be  deducted  from  the  share subscription price as per the
dividend  record date or the record date  of the repayment of equity. Each stock
option  entitles its holder to subscribe for one Elektrobit Corporation's share.
As  a result of  the subscription of  shares pursuant to  the series 2008C stock
options,  the  number  of  the  Elektrobit  Corporation shares may increase by a
maximum of 1.400.000 new shares.

New  shares subscribed for pursuant to series 2008C 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.

Listing time schedule for shares subscribed for pursuant to series 2008A-C stock
options shall be in 2014 as follows:

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

The  terms and conditions of stock options  2008 are attached at the end of this
stock exchange release and are also available at www.elektrobit.com/investors in
the Company's web pages.

Oulu, December 20, 2013

Elektrobit Corporation
The 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


[HUG#1751514]

Attachments:

Elektrobit Corporation Stock Options 2008 Terms and Conditions.pdf