KARI SAARINEN HAS BEEN APPOINTED PRESIDENT

Kari Saarinen, MSc (Eng.), (44) has been appointed President and CEO for Incap Corporation. He has earlier worked for Nextrom (previously Nokia-Maillefer) in different countries, most recently as an executive in the Canada and Switzerland units. Kari Saarinen will start at Incap on 1 Sept. 2000.

Incap Group is a contract manufacturer of electronics and furniture with a net turnover of 70.8 million euro in 1999. The group’s net turnover continued to grow strongly during the second quarter of the current year, being 45.0 million euro in January – June and indicating 29 percent growth compared to the reference period last year. At the end of June, the group was employing 923 people. The group’s parent company, Incap Corporation, is listed in the Helsinki Stock Exchange.

Oulu, 15 Aug. 2000

INCAP CORPORATION

Board of Directors

Rauni Nokela

Temporary President