ANNOUNCEMENT IN ACCORDANCE WITH CHAPTER 2, SECTION 9, OF THE SECURITIES MARKET ACT ON A CHANGE IN HOLDINGS

INCAP CORPORATION  STOCK EXCHANGE ANNOUNCEMENT 24 May 2007 at 9 a.m.
 
 

In accordance with chapter 2, section 9, of the Securities Market Act, Ilmarinen Mutual Pension Insurance Company has reported us that they have on 21 May 2007 subscribed for the convertible promissory notes entitling them to subscribe for 400,000 shares of Incap Corporation. If Ilmarinen Mutual Pension Insurance Company applies the subscription right in its entity, their holdings of the share capital and votes of Incap Corporation exceeds 5%.

 
The issuing company and its business ID: Incap Corporation, 0608849-6
 
Date of transaction of convertible promissory notes leading to change in holdings:  21 May 2007
 
Present proportion of votes and share capital:
 
 
 
New proportion of votes and share capital, if the convertible promissory notes subscribed by Ilmarinen are converted into new shares and if the share capital in the trade register remains unchanged:
 
 
 
 
INCAP CORPORATION
 
 
Hannele Pöllä
Director, Communications and IR
Tel. +358 40 504 8296
 
 
DISTRIBUTION
Helsinki Stock Exchange
Principal media
 
INCAP IN BRIEF
Incap Corporation is a fast-growing electronics contract manufacturer whose comprehensive service covers the entire product life cycle from design and manufacture to repair and maintenance services. The company’s main customer sectors are leading equipment suppliers in telecommunications, electrical power technology, the automation and process industries as well as measurement technology, safety electronics and health care. The Incap Group’s revenue amounted 2006 of EUR 89 million and the company currently employs approx. 540 persons. Incap’s share is listed on the Helsinki Stock Exchange and it is a component of the Nordic Small Cap list within the information technology sector. For additional information, please visit www.incap.fi