INCAP CORPORATION AND ABB OY, ELECTRICAL MACHINES SIGN A LETTER OF INTENT ON ENAMELLED COPPER WINDINGS FOR ROTOR POLES

INCAP CORPORATION STOCK EXCHANGE RELEASE 4 June 2007 at 2 p.m.


Incap Corporation and ABB Oy, Electrical Machines have signed a
Letter of Intent regarding transfer of enamelled copper winding of
rotor poles from ABB Oy Synchronous Machines to Incap. Contract
includes a supply agreement according to which Incap will deliver
copper windings to ABB Oy from its Vaasa unit.

The contract will increase delivery contents of manufacturing of
rotor poles, which have already been transferred previously to Incap.
Incap will deliver finished rotor components directly to ABB Oy rotor
component assembly cost-effectively and with a fast delivery time.

ABB Oy has been making rotor pole windings at their premises in
Pitäjänmäki, Helsinki and has acquired also similar production from
its subcontractors. ABB Oy and Incap are negotiating currently
regarding on the terms of the actual contract and the target is to
sign the actual agreement by the end of June. According to the plan,
the deliveries of magnetic poles will start in stages during the
coming autumn."We are satisfied being able to expand our long-term cooperation with
ABB Oy again into a new area. We believe that the expansion of future
service concept will benefit greatly customer's own manufacturing
process", tells Incap's Sales Director Petri Saari.


INCAP CORPORATION

Further information:
Hannele Pöllä, Director, Communications and IR, tel. +358 40 504 8296
Petri Saari, Vice President, Sales and Marketing, tel. +358 40 777
5769

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Helsinki Stock Exchange
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INCAP IN BRIEF
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 2006
of EUR 89 million and the company currently employs approx. 540
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