PROPOSAL BY ELCOTEQ'S NOMINATION COMMITTEE TO THE ANNUAL

Elcoteq SE             Stock Exchange Release February 7, 2007 at 8.15 am (EET)


PROPOSAL BY ELCOTEQ'S NOMINATION COMMITTEE TO THE ANNUAL GENERAL MEETING ON THE
ELECTION OF BOARD MEMBERS

The Nomination Committee of Elcoteq SE's Board of Directors will propose to the
Annual General Meeting on March 22, 2007 that all current seven Board members be
re-elected. The Board may have at least four and at most eight members according
to the company's Articles of Association. Board members are elected for a one-
year period until the end of the following Annual General Meeting.

Elcoteq SE's Board of Directors currently comprises President Martti Ahtisaari;
Mr Heikki Horstia, Vice President, Treasurer of Wärtsilä Corporation; Mr Eero
Kasanen, Rector of the Helsinki School of Economics; Mr Antti Piippo, principal
owner and founder-shareholder of Elcoteq SE; Mr Henry Sjöman, founder-shareholder
of Elcoteq SE; Mr Juha Toivola, Director; and Mr Jorma Vanhanen, founder-
shareholder of Elcoteq SE.

All the aforesaid individuals have given their consent to their re-election.


ELCOTEQ SE

Reeta Kaukiainen
Director, Communications and Investor Relations


About Elcoteq:
Elcoteq SE is a leading electronics manufacturing services (EMS) company with
original design manufacturing (ODM) capabilities in the communications technology
field. Elcoteq provides globally end-to-end solutions consisting of design, NPI,
manufacturing, supply chain management and after-sales services for the whole
lifecycle of its customers' products. These products include terminal products
such as mobile phones and set-top boxes as well as communications network
equipment such as base-stations, tower-top amplifiers and microwave systems. The
company operates on four continents in 16 countries and employs approximately
23,000 people. Elcoteq's consolidated net sales for 2005 totaled MEUR 4.2 billion
euros. Elcoteq SE is listed on the Helsinki Stock Exchange. More information:
www.elcoteq.com.