CHANGES IN ELCOTEQ'S MANAGEMENT; MIKKO PUOLAKKA APPOINTED CFO AND TUULA HATAKKA SVP, TREASURY, COMMUNICATIONS AND INVESTOR RELATIONS

Elcoteq SE		Stock Exchange Release	June 28, 2007 at 9.45 am (EET)

CHANGES IN ELCOTEQ'S MANAGEMENT; MIKKO PUOLAKKA APPOINTED CFO AND TUULA HATAKKA
SVP, TREASURY, COMMUNICATIONS AND INVESTOR RELATIONS 

Mr. Mikko Puolakka, born 1969, M.Sc. (Econ.), has been appointed Chief
Financial Officer (CFO) and a member of the Elcoteq Management Team effective
from August 1, 2007. Elcoteq's current CFO Teo Ottola will move to another
company on August 20. Mr Puolakka will be based in Elcoteq's international
office in Zug, Switzerland. 

Mr. Puolakka has been working at Elcoteq since May 2001, when he joined the
company as Controller of the Industrial Electronics business area and Elcoteq's
Swiss Industrial Electronics Business Unit. During the past four years he has
worked as Controller of Geographical Area Europe. Before joining Elcoteq, Mr.
Puolakka worked in Treasury, Business Unit Finance and Operations Controlling
for Huhtamäki Corporation in Finland, Switzerland and Poland. 

Ms. Tuula Hatakka, Senior Vice President, Treasury, will assume a new role as
the head of Elcoteq's Communications and Investor Relations on August 1. Ms.
Hatakka will also continue in her current position as the head of Elcoteq's
Treasury. She reports to CFO Mikko Puolakka. Ms Reeta Kaukiainen, Vice
President, Communications and Investor Relations will take on a new position
outside Elcoteq on August 13. 

“I am very pleased to announce Mr. Puolakka as our new CFO. He has during the
past few years proven to be utterly effective in his work and therefore worthy
of a bigger role in Elcoteq. At this point I also want to thank Mr. Teo Ottola
and Ms. Reeta Kaukiainen for their valuable contribution at Elcoteq during the
past years and wish them both all the best for the future,” says Mr. Jouni
Hartikainen, President and CEO. 


ELCOTEQ SE

Jouni Hartikainen
President and CEO

For more information:
Jouni Hartikainen, President and CEO, tel. +358 10 41 311


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 approximately 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.