Elcoteq - Company Announcement

ELCOTEQ SE REDOMICILED TO LUXEMBOURG AS OF JANUARY 1, 2008

Elcoteq SE         Stock Exchange Release     January 2, 2008 at 10.15 am (EET)

ELCOTEQ SE REDOMICILED TO LUXEMBOURG AS OF JANUARY 1, 2008

Elcoteq SE was redomiciled to the city of Luxembourg in the Grand Duchy of
Luxembourg on January 1, 2008, in accordance with the decision of the Annual
General Meeting on March 22, 2007. The company's previous domicile was Lohja.
In connection to the domicile transfer, the Finnish branch of Elcoteq SE was
established. Elcoteq SE and its branch in Finland are the same company in legal
terms. The transfer of domicile will not lead to changes in Elcoteq's
operations in Finland. 

Now that the company has been redomiciled, Elcoteq's new Articles of
Association have entered into force. Strategic decisions will be made in
Luxembourg, where the company has a business location. The Board of Directors
will mainly convene in Luxembourg. 

The transfer of domicile will not affect trading in the company's Series A
shares, which will continue as usual on the Helsinki Stock Exchange. 

The Transfer Plan, Report and new Articles of Association can be viewed on
Elcoteq's website, www.elcoteq.com. 



ELCOTEQ SE

Tuula Hatakka
Senior Vice President, Treasury and IR

About Elcoteq
Elcoteq SE is a leading electronics manufacturing services (EMS) company with
original design manufacturing (ODM) capabilities in the communications
technology field. Elcoteq provides global end-to-end solutions consisting of
product development, NPI, manufacturing, supply chain management, and
after-sales services for the whole lifecycle of its customers' products. These
products include terminal products such as mobile phones and set-top boxes as
well as communications network equipment such as base-stations, tower-top
amplifiers, and microwave systems. The company operates in 16 countries on four
continents and employs some 25,000 people. Elcoteq's consolidated net sales for
2006 totaled 4.3 billion euros. Elcoteq SE is listed on the Helsinki Stock
Exchange.  For more information visit the Elcoteq website at www.elcoteq.com.