THE DISTRIBUTION AND DECREASE OF THE SHARE PREMIUM FUND OF EB, ELEKTROBIT CORPORATION

THE DISTRIBUTION AND DECREASE OF THE SHARE PREMIUM FUND OF EB, ELEKTROBIT CORPORATION

ID: 39566

(Thomson Reuters ONE) -


STOCK EXCHANGE RELEASE

Free for publication, on August 13, 2010, at 08.00 (CEST +1)

THE DISTRIBUTION AND DECREASE OF THE SHARE PREMIUM FUND OF EB, ELEKTROBIT
CORPORATION

The Annual General Meeting of Elektrobit Corporation held on March 25, 2010
approved the proposals of the Board of Directors according to which the
shareholders are distributed EUR 0.20 per share from the parent company's share
premium fund and in addition, the share premium fund is decreased by
transferring to the company's invested unrestricted equity fund the funds
remaining in the share premium fund after the above distribution, provided that
the Finnish National Board of Patents and Registration gives its consent to the
distribution and decrease of the share premium fund.

The Finnish National Board of Patents and Registration has on August 12, 2010
given its consent for the distribution and decrease of the share premium fund of
Elektrobit Corporation in accordance with the decisions made by the Annual
General Meeting held on March 25, 2010. The shareholders will thus be
distributed EUR 0.20 per share from the share premium fund, in total EUR
25,882,538.00, and EUR 38,696,853.50 remaining in the share premium fund after
the distribution are transferred to the invested unrestricted equity fund of the
company.

The Board of Directors of Elektrobit Corporation has decided on the schedule of
the distribution of the share premium fund to the shareholders as follows:
    -      Ex-date: August 24, 2010
    -      Record date: August 26, 2010
    -      Payment date: September 2, 2010


Oulu, August 13, 2010

Elektrobit Corporation
Board of Directors

Further information:

Mr. Panu Miettinen
Chief Financial Officer, Elektrobit Corporation




Tel. +358 40 344 5338

Ms. Päivi Timonen
Chief Legal Officer, Elektrobit Corporation
Tel. +358 40 344 2794

Distribution:
NASDAQ OMX Helsinki
Principal media


EB, Elektrobit Corporation
EB develops advanced technology and transforms it into enriching end user
experiences. EB specializes in demanding embedded software and hardware
solutions for the automotive industry and wireless technologies. The company's
net sales for the year 2009 totaled EUR 153.8 million. Elektrobit Corporation is
listed on the NASDAQ OMX Helsinki.www.elektrobit.com


[HUG#1437802]








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All reproduction for further distribution is prohibited.

Source: Elektrobit Oyj via Thomson Reuters ONE


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Bereitgestellt von Benutzer: hugin
Datum: 13.08.2010 - 07:01 Uhr
Sprache: Deutsch
News-ID 39566
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contact information:
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