Incap - Company Announcement

Incap lowers its profit guidance for latter half of 2012

Incap Corporation
Stock exchange release                                        18 December 2012
at 3.15 p.m.


INCAP LOWERS ITS PROFIT GUIDANCE FOR LATTER HALF OF 2012

Incap lowers its previous profit guidance for the latter half of 2012 and
estimates that the Group's operating result (EBIT) for the latter part of the
year 2012 is negative. The profit development of the last quarter of the year
has not met with expectations, because the Group's revenue for October -
November was lower than estimated while at the same time certain costs during
the last months of the year exceeded forecast. In particular, the costs for
personnel and the expenses for service and maintenance of production machinery
increased.


Incap repeats its previous estimate for the full-year revenue and result in
2012 and expects that the full-year revenue is lower than in 2011, when it was
EUR 68.9 million. The company further estimates that the full-year operating
result (EBIT) is clearly better than in 2011 when it was EUR -1.6 million.

In its previous guidance given on 31 October 2012 Incap estimated that the
Group's operating result (EBIT) for the latter half of the year is positive and
that the full-year operating result is clearly better than in 2011. The company
estimated the full-year revenue in 2012 to be lower than in 2011.

Incap will publish its financial statements for 2012 on 26 February 2013.

INCAP CORPORATION

Sami Mykkänen
President and CEO


Additional information:

Sami Mykkänen, President and CEO, tel. +358 40 559 9047 or +372 5553 7905
Kirsti Parvi, CFO, tel. +358 50 517 4569
Hannele Pöllä, Director, Communications and IR, tel. +358 40 504 8296

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 2011
amounted to EUR 68.9 million, and the company currently employs approximately
670 people. Incap's share is listed on the NASDAQ OMX Helsinki. Additional
information: www.incap.fi.

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