ELCOTEQ GIVES PRELIMINARY INFORMATION ABOUT THE FIRST QUARTER RESULT AND LOWERS FULL-YEAR ESTIMATE

Elcoteq SE	Stock Exchange Release	April 17, 2007 at 8.30 am (EET)


ELCOTEQ GIVES PRELIMINARY INFORMATION ABOUT THE FIRST QUARTER RESULT AND LOWERS
FULL-YEAR ESTIMATE 

According to the current estimate, Elcoteq SE's first quarter operating income
excluding one-time items will be a loss of approximately -23 million euros. Net
sales will amount to approximately 950 million euros. 

The reasons for the operating loss are low manufacturing volumes, price
pressure in the Communications Networks business area and production challenges
in Mexico. 

The one time costs arising from the earlier announced action plan to improve
the company's cost-efficiency and competitiveness are estimated to be
approximately 35 million euros of which approximately 30 million euros will be
recognized in the first-quarter's result. Elcoteq has earlier estimated these
one-time costs to be in the amount of 20 million euros. The increase in costs
is due mainly to the write-down of Elcoteq's shares in Cellon International and
some Cellon-related receivables. Cellon International is a wireless design and
development house, in which Elcoteq has been a minority shareholder since the
collaboration agreement made in 2003. 

Prospects for the full year 2007

Elcoteq estimates its net sales for 2007 to grow only slightly from the
previous year. Operating income excluding one-time items is estimated to be on
a break-even level. The estimate has been changed because of further
intensifying competition especially in Europe. 

Elcoteq will publish its first quarter interim report on April 26 at 9.00 am
(EET). On the same day, the company will also disclose more information about
the progress of the action plan. 


ELCOTEQ SE

Jouni Hartikainen
President and CEO


For more information:
Jouni Hartikainen, President and CEO, tel. +41 41 728 0301
Teo Ottola, CFO, tel. +358 50 521 1064 between 11.30 am and 1.00 pm
Reeta Kaukiainen, Director, Communications and Investor Relations, 
tel. +358 10 413 1742 or +358 50 522 0924


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 global 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 in 16 countries on four continents
and employs about 23,000 people. Elcoteq's consolidated net sales for 2006
totaled 4.3 billion euros (over 5 billion USD). Elcoteq SE is listed on the
Helsinki Stock Exchange. For more information, please visit www.elcoteq.com.