Incap - Company Announcement

Option to combine and unite Incap's and Inission's business operations has expired

Incap Corporation
Stock Exchange Release        2 January 2014 at 8.30 am



OPTION TO COMBINE AND UNITE INCAP'S AND INISSION'S BUSINESS OPERATIONS HAS
EXPIRED

Inission AB has not exercised its option to combine Inission AB's business
operations with Incap Corporation by the end of the year 2013 as stated in the
contract, and therefore the option has become void. The option was included in
the comprehensive financing arrangement agreed between the companies and
investors on 21 July 2013. Inission AB is the biggest shareholder of Incap
Corporation holding approximately 26% of all shares and votes.

INCAP CORPORATION
Board of Directors


Additional information:
Lassi Noponen, Chairman of the Board, tel. +358 40 501 5127
Fredrik Berghel, President and CEO, tel. +46 73 202 2210
Kirsti Parvi, CFO, tel. +358 50 517 4569

DISTRIBUTION
NASDAQ OMX Helsinki Ltd
Principal media
www.incap.fi

INCAP IN BRIEF
Incap Corporation is an internationally operating contract manufacturer whose
comprehensive services cover the entire life-cycle of electromechanical products
from design and manufacture to maintenance services. Incap's customers include
leading equipment suppliers in energy-efficiency and well-being technologies,
for which the company produces competitiveness as a strategic partner. Incap has
operations in Finland, Estonia, India and China. The Group's revenue in 2012
amounted to EUR 64.1 million, and the company currently employs approximately
570 people. Incap's share is listed on the NASDAQ OMX Helsinki. Additional
information: www.incap.fi.

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