Exel Composites Oyj - Major shareholder announcements

DISCLOSURE UNDER CHAPTER 2, SECTION 9 OF THE FINNISH SECURITIES MARKETS ACT

EXEL COMPOSITES PLC     STOCK EXCHANGE RELEASE 20.5.2011 at 17.20      1 (1)

DISCLOSURE UNDER CHAPTER 2, SECTION 9 OF THE FINNISH SECURITIES MARKETS ACT

Exel Composites Plc was informed today that the holdings of Veikko Laine Oy
(business identity code 011059-0) have fallen under 5 per cent of the voting
rights and share capital in Exel Composites Plc on 20 May 2011. 

Before the transaction the holdings of Veikko Laine Oy were 595.796 shares or
5.95 per cent Exel Composites' share capital and votes. Veikko Laine Oy's
ownership share is now 395.796 shares or 3.33 per cent. 



Vantaa, 20 May 2011









EXEL COMPOSITES PLC           Vesa Korpimies

Board of Directors                        President and CEO





FURTHER INFORMATION:

Vesa Korpimies, President and CEO, tel. +358 50 590 6754, or email
vesa.korpimies@exelcomposites.com 

Ilkka Silvanto, CFO and Administrative Director, tel. +358 50 598 9553, or
email ilkka.silvanto@exelcomposites.com 





DISTRIBUTION

DASDAQ OMX Helsinki Ltd.

Main news media

www.exelcomposites.com





EXEL COMPOSITES IN BRIEF

Exel Composites is a technology company which designs, manufactures and markets
composite profiles and tubes for industrial applications. The Group is the
leading composite profile manufacturer in the world and concentrates on growing
niche segments. 



The core of the operations is based on own, internally developed composite
technology, product range based on it and a 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 the Small Cap segment of NASDAQ OMX
Helsinki Ltd.

Attachments:

Flagging_20052011_Eng.pdf