ETTEPLAN AND VATAPLE GROUP SIGN AGREEMENT TO DEVELOP ENGINEERING SERVICES IN CHINA

ETTEPLAN AND VATAPLE GROUP SIGN AGREEMENT TO DEVELOP ENGINEERING SERVICES IN CHINA Etteplan has signed an agreement with Vataple Group to join forces to develop engineering design and technical information services in China. According to the agreement the joint venture will be active on August 1, 2008. The joint venture, Etteplan Vataple Technology Centre Ltd, will provide engineering design and technical information services to Etteplan and its group companies. The technology centre enables Etteplan to build new design capacity for its current and new customers. “The new technology centre provides us an excellent possibility to recruit and develop personnel in China. Furthermore, the technology centre enables our Shanghai business to grow and offer a full scale of services locally”, says Matti Hyytiäinen, President and CEO of Etteplan. Etteplan Vataple Technology Centre Ltd, which is located in Kunshan, is a wholly foreign owned enterprise. Etteplan has an option right to by the majority of the share capital of the company. Etteplan Oyj is an industrial technology design and technical information service provider. Etteplan’s customers are global leaders in their own fields. In 2007, Etteplan had turnover of 125.2 million euros, and ca. 2, 000 employees. Vataple Group is a privately held company which has operations in Australia, USA and China. The company is headquartered in Hong Kong. Vataple Group is specialised in airport equipment manufacturing, mechanical prefabrication and assembly, and industrial park development. Etteplan Oyj For further information, please contact: Matti Hyytiäinen, President and CEO of Etteplan Oyj, tel. +358 400 710 968 DISTRIBUTION: OMX Nordic Exchange Helsinki Principle media www.etteplan.com