EB (ELEKTROBIT CORPORATION) IS ASSESSING THE POSSIBILITY OF SELLING ITS PROPERTIES IN OULUNSALO AND OULU

STOCK EXCHANGE RELEASE
Free for publication on October 31, 2007 at 8.00 am. (EET)
EB (ELEKTROBIT CORPORATION) IS ASSESSING THE POSSIBILITY OF SELLING
ITS PROPERTIES IN OULUNSALO AND OULU

EB (Elektrobit Corporation) has decided, as a part of the actions to
rationalize the company cost structure, to investigate the
possibility of selling its properties in Oulunsalo and Oulu. The
potential sale objects would be a property located on Automaatiotie
in Oulunsalo as well as the properties located on Tutkijantie in
Oulu. The possibility of a divestment is being assessed because
property holding is not a part of EB's strategy or core business.

EB has the intention to lease back its current premises should the
potential sale materialize. EB has mandated Catella Property Oy to
investigate the possibility to sell the properties. No decision to
sell the properties has been made, but the matter will be considered
based on the outcome of the investigation.

EB's building in Oulunsalo has a total floor space of approximately
13,000 square meters, and those in Oulu have a total floor space of
approximately 10,000 square meters. The total book value of these
properties is about EUR 18.2 million. The financial effects of a
possible sale and the agreement of replacement premises can only be
assessed once an arrangement is carried out.

The current estimate is that the potential sale of the properties
could be finalized by the end of the year 2007 or during the first
quarter of 2008 at the latest.

October 31, 2007

EB (Elektrobit Corporation)
Board of Directors

FURTHER INFORMATION:
Pertti Korhonen
CEO
Tel. +358 40 344 5148

Susanna Marklund
Director, Investor and Press Relations
Tel. +358 40 344 5321

DISTRIBUTION:
OMX Nordic Exchange Helsinki
Principal media

EB, Elektrobit Corporation
EB creates advanced technology and turns it into enriching end-user
experiences. EB is specialized in demanding embedded software and
hardware solutions for automotive and wireless industries. The net
sales for the year 2006 totalled MEUR 181.5. Elektrobit Corporation
is listed on OMX Helsinki. www.elektrobit.com