Stock Exchange & Press Releases 2002

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Elektrobit Group Oyj - CHANGES IN THE ELEKTROBIT GROUP PLC'S EXECUTIVE MANAGEMENT TEAM

June 04, 2002

CHANGES IN THE ELEKTROBIT GROUP PLC'S EXECUTIVE MANAGEMENT TEAM

The President of the Company Juha Sipilä will act as a Chairman to the Executive Management Team. In addition to the president of the company members of the Executive Management Team include Erkki Veikkolainen, Vice President, Director, Elektrobit operations; Pertti Tarvainen, Director, JOT Automation operations; Jukka Harju, Director, Business Development; Eero Halonen, Director, Strategic resources; Seppo Laine, Chief Financial Officer and Päivi Vasankari, General Counsel. The organisations in Elektrobit and JOT Automation business segments continue as before.