Incap - Company Announcement

INCAP LAUNCHES CO-DETERMINATION NEGOTIATIONS

INCAP CORPORATION STOCK EXCHANGE RELEASE 11 February 2008 at 11 a.m.


In order to improve the company's profitability Incap is studying the
possibilities for increasing the operational efficiency. For this
purpose Incap has initiated co-determination negotiations in its
materials and purchase functions as well as in the corporate support
functions in Finland.

The eventual actions to be agreed upon in the negotiations will
include termination of employment contracts, temporary layoffs and
re-organisation of tasks and are estimated to apply to approximately
15-20 office workers.

INCAP CORPORATION

Juhani Hanninen
President and CEO


For additional information, please contact:
Juhani Hanninen, President and CEO, tel. +358 50 556 7199
Hannele Pöllä, Director, Communications and Investor Relations, tel.
+358 40 504 8296

DISTRIBUTION
OMX Nordic Exchange Helsinki
Principal media


INCAP IN BRIEF
Incap Corporation is a fast-growing electronics contract manufacturer
whose comprehensive service covers the entire product life cycle from
design and manufacture to repair and maintenance services. The
company's main customers are leading equipment suppliers in
telecommunications, electrical power technology, the automation and
process industries as well as measurement technology, safety
electronics and health care. The Incap Group's revenue in 2007
amounted to approx. EUR 83.2 million and the company currently
employs approx. 810 persons. Incap's share is listed on the OMX
Nordic Exchange Helsinki. For additional information, please visit
www.incap.fi