Proposal by Elcoteq SE's Nomination Committee to the Annual General Meeting on the Election of Board Members

4/27/2010, 2:01 PM (Source: GlobeNewswire)
Elcoteq SE
Stock Exchange Release
April 27, 2010 at 15.00 pm (EET)


The Nomination Committee of Elcoteq SE's Board of Directors will propose to the
Annual General Meeting on April 28, 2010, that Elcoteq´s Board of Directors
would consist of seven (7) persons and that the composition would be as follows.

Current Board members President Martti Ahtisaari; Mr. Heikki Horstia, BSc
(Econ.); Mr. Eero Kasanen, Executive Dean, Aalto University School of Economics;
Mr. François Pauly, General Manager of Sal. Oppenheim jr. & Cie S.C.A; and Mr.
Jorma Vanhanen, founder-shareholder of Elcoteq SE, would be re-elected.

The Nomination Committee also proposes, that Mr. Pauli Aalto-Setälä, Managing
Director of Aller Media Oy, and Dr. Sándor Csányi, Chairman and CEO of OTP Bank,
would be elected as new members.

Mr. Aalto-Setälä, born 1966, has a long experience in several positions in the
field of Finnish media and his other key posts include being the Chairman of the
board of Plan Finland and a member of the Board of Savonlinna Opera festivals.

Dr. Sándor Csányi, born 1953, M.Sc. (Econ.), DBA, has held several leading
positions in Hungarian banking sector. Dr. Csányi´s other key posts include
being a member of the Board of Directors of the Advisory Council of the
Hungarian Financial Supervisory Authority and as a member of the Board of
Administration of the World Savings Banks Institute.

President Ahtisaari, Mr. Horstia, Mr. Kasanen, Mr. Pauly, Mr. Aalto-Setälä and
Dr. Csányi are independent Board members, and they represent more than half of
the Board's members. Board members are elected for a one-year period until the
end of the following Annual General Meeting. All the aforesaid individuals have
given their consent to their election.


ELCOTEQ SE

Satu Jaatinen
Communications Manager

Further information:
Jari Hakkarainen, Director, Group Legal Affairs, tel. +358 10 413 2087



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, 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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