Conversion of Elcoteq´s Unlisted Series K Founders´ Shares into Series A Shares

Elcoteq SE
Stock Exchange Release
July 30, 2010 at 12.00 pm (EET)


A total of 105,770,000 Elcoteq SE´s series K founders´ shares have been
converted into Series A shares at the ratio of ten series K founders´ shares to
one series A share, i.e. the total number of series A shares is now 32,939,185.
Elcoteq now has only one series of shares, the series A shares, that are listed
on the Nasdaq OMX Helsinki with ticker symbol ELQAV.

The conversion has been registered in the Luxembourg Trade Register on July
29, 2010. Trading in the new series A shares will commence on August 2, 2010.


ELCOTEQ SE

Mikko Puolakka
CFO

Further information:
Jean-Jacques Bernard, Senior Legal Counsel, tel. +352 621 378 341


About Elcoteq
Elcoteq SE is the global Life Cycle Service Partner for high-tech product and
service companies.
Engineering, Manufacturing, Fulfillment and After Market Services are the
cornerstones of Elcoteq's extensive service offering. Elcoteq has a proven track
record in electronics manufacturing services (EMS) and a global factory network
coupled with modern manufacturing equipment and consistent systems and
processes.
Products include Consumer Electronics devices such as mobile phones and their
accessories, set-top boxes, LED lamps and luminaires, flat panel TVs as well as
System Solutions products such as infrastructure systems, modules and other
industrial segment products.
The Group's consolidated net sales for 2009 totaled 1.5 billion euros and it
employs approximately 10,000 persons. Elcoteq SE is listed on the Nasdaq OMX
Helsinki Ltd.  For more information visit the Elcoteq website at
www.elcoteq.com.


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