ANNOUNCEMENT IN ACCORDANCE WITH CHAPTER 2, SECTION 9, OF THE SECURITIES MARKET


INCAP CORPORATION                            STOCK EXCHANGE ANNOUNCEMENT
                                             31 January 2007 at 6.45 p.m.


ANNOUNCEMENT IN ACCORDANCE WITH CHAPTER 2, SECTION 9, OF THE SECURITIES MARKET
ACT ON A CHANGE IN HOLDINGS

In accordance with chapter 2, section 9, of the Securities Market Act, OKO Bank
has reported us that their holdings of the share capital and votes of Incap
Corporation have decreased below 5%.

The issuing company and its business ID: Incap Corporation, 0608849-6

Date of change in holdings: 31 January 2007

New proportion of votes and share capital:


 Shareholder              Business ID    Number of       Percentage of share  
                                         shares and      capital and votes    
                                         votes                                
 OKO Bank                 0199920-7      0               0                    

Incap Corporation's share capital comprises a total of 12,180,880 shares,
entitling to an equal amount of votes.

INCAP CORPORATION


Hannele Pöllä
Director, Communications and IR

Tel. +358 40 504 8296


DISTRIBUTION

Helsinki Stock Exchange
Principal media

INCAP IN SHORT:
Incap Corporation is a fast-growing electronics contract manufacturer whose
comprehensive service covers the entire product life cycle from design and
manufacture to repair and maintenance services. The company's main customer
sectors are leading equipment suppliers in telecommunications, electrical power
technology, the automation and process industries as well as measurement
technology, safety electronics and health care. The Incap Group's revenue
amounted 2005 of EUR 76.7 million and the company currently employs approx. 550
persons. Incap's share is listed on the Helsinki Stock Exchange and it is a
component of the Nordic Small Cap list within the information technology sector.
For additional information, please visit www.incap.fi