STOCK OPTIONS EXERCISED TO SUBSCRIBE FOR ELCOTEQ SHARES AND INCREASE IN SHARE CAPITAL


Elcoteq SE	Stock Exchange Announcement    	 April 26, 2007 at 8.30 am (EET)

STOCK OPTIONS EXERCISED TO SUBSCRIBE FOR ELCOTEQ SHARES AND INCREASE IN SHARE
CAPITAL 

A total of 221,600 options under Elcoteq SE's 2001 stock option scheme have
been exercised to subscribe for 221,600 new Elcoteq Series A shares between
March 15 and April 18, 2007. The share subscription price was 6.53 euros per
share before the dividend record date of March 27 and 6.33 euros per share
after the dividend record date, as stipulated in the option scheme's
conditions. 
 
The 221,600 new shares will be recorded in the Trade Register on or about May
4, 2007. Elcoteq's share capital will increase by altogether 88,640 euros as a
result of the subscription, totaling 12,704,590.80 euros from the date of
registration. Following the increase the number of A shares will total
21,184,477. 

The new shares will carry dividend rights from the date of registration, and
Elcoteq will apply for their listing on the Helsinki Stock Exchange with the
company's existing shares. Trading in these shares will start on or about May
7, 2007. 


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 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 some 23,000 people. Elcoteq's consolidated net sales for 2006
totaled 4.3 billion euros. Elcoteq SE is listed on the Helsinki Stock Exchange.
 For more information visit the Elcoteq website at www.elcoteq.com.