Etteplan Oyj - Company Announcement

Etteplan acquires the entire share capital of Swedish ProAvia Konsult AB

ETTEPLAN OYJ, STOCK EXCHANGE RELEASE, JANUARY 9, 2014, AT 3:00 P.M.


ETTEPLAN ACQUIRES THE ENTIRE SHARE CAPITAL OF SWEDISH PROAVIA KONSULT AB

Etteplan Oyj has signed today an agreement to acquire the entire share capital
of Swedish ProAvia Konsult AB. The company, founded in 2003, provides services
in the field of systems engineering targeted especially to defense industry.
ProAvia employs about 30 people and it has offices in Stockholm and Linköping. 

The acquisition strengthens Etteplan's market position and expertise in the
area of demanding systems engineering and creates better growth opportunities
for Etteplan. With the acquisition, Etteplan becomes one of the largest
companies providing systems engineering in Sweden. The acquisition enhances
Etteplan's opportunities to offer services to aerospace and defense customers
also outside Sweden. 

Juha Näkki, President and CEO of Etteplan Oyj: “The signed agreement follows
Etteplan's strategy to increase its expertise to meet customers' needs better.
Etteplan has worked with ProAvia for several years and the acquisition is a
natural extension to our well-working co-operation”. 

The acquisition has a minor effect in Etteplan Oyj's financial result in 2014.

Vantaa, January 9, 2014

Etteplan Oyj

Board of Directors


Additional information:
Juha Näkki, President and CEO, tel. +358 400 606 372


DISTRIBUTION:
NASDAQ OMX Helsinki
Major media
www.etteplan.com


Etteplan provides engineering planning services and technical product
information solutions to the world's leading companies in the manufacturing
industry. Our services are geared to improve the competitiveness of our
customers' products and engineering processes throughout the product life
cycle. The results of Etteplan's innovative engineering can be seen in numerous
industrial solutions and everyday products. 

In 2012, Etteplan had a turnover of EUR 134.5 million. The company has more
than 1,700 professionals in Finland, Sweden, the Netherlands and China.
Etteplan's shares are listed on NASDAQ OMX Helsinki Ltd under the ticker ETT1V.