Elcoteq SE Stock Exchange Release July 12, 2011 at 9.45 am (EET) Mr. François Pauly has announced his resignation from the Board of Directors of Elcoteq SE with an immediate effect. Mr. Pauly was elected to the Company's Board for the first time at the Annual General Meeting held on March 25, 2008. Mr. Pauly resigns from the Board of the Company at his own request to avoid any conflicts of interest due to his recent appointment as the Managing Director of Dexia BIL and to allocate his time effectively to this new appointment. ELCOTEQ SE Jorma Vanhanen Chairman of the Board of Directors Further information: Jouni Hartikainen, President and CEO, +358 10 413 11 About Elcoteq Elcoteq SE is the global Life Cycle Service Partner for high-tech product and service companies. Elcoteq has a proven track record in electronics manufacturing and after market services and a global service network close to its customers coupled with modern manufacturing and testing equipment and consistent systems and processes. Elcoteq's Electronics Manufacturing Services (EMS) Business Segment provides its customers globally with engineering, manufacturing and fulfillment services. EMS products include mobile phones and their accessories, set-top boxes, LED lighting products, flat panel TVs, infrastructure systems and other industrial segment products. Elcoteq's After Market Services (AMS) Business Segment is providing its customers in the communications and consumer electronics industries with global reverse logistics, depot repair, refurbishment, recycling and salvage services but also AMS specific engineering and customer support services. Elcoteq SE is listed on the NASDAQ OMX Helsinki Ltd. For more information visit the Elcoteq website at www.elcoteq.com [HUG#1530271]
Mr. François Pauly resigns from the Board of Directors of Elcoteq SE
| Source: Elcoteq