ANNOUNCEMENT IN ACCORDANCE WITH CHAPTER 2, SECTION 9, OF THE SECURITIES MARKET ACT ON A CHANGE IN HOLDINGS



INCAP CORPORATION  STOCK EXCHANGE ANNOUNCEMENT 18 October 2007 at
10.30 a.m.


In accordance with chapter 2, section 9, of the Securities Market
Act, Glitnir Varainhoito Oy has reported us on behalf of Irish Life
International that Irish Life International's holdings of the share
capital and votes of Incap Corporation have decreased under 5%.

The issuing company and its business ID: Incap Corporation, 0608849-6

Date of change in holdings: 10 October 2007

New proportion of votes and share capital:



Shareholder                      Number of shares Percentage of share
                                        and votes   capital and votes
Irish Life International                        0                  0%
(registered under the laws of
Ireland)



Incap Corporation's share capital comprises a total of 12,180,880
shares, entitling to an equal amount of votes.


INCAP CORPORATION


Hannele Pöllä
Director, Communications and IR
Tel. +358 40 504 8296


DISTRIBUTION
OMX Nordic Exchange Helsinki
Principal media


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 in 2006
amounted to EUR 89 million and the company currently employs approx.
750 persons. Incap's share is listed on the OMX Nordic Exchange
Helsinki. For additional information, please visit www.incap.fi