CHANGES IN ELCOTEQ'S MANAGEMENT: JOUNI HARTIKAINEN, PRESIDENT AND CEO, TO TAKE OVER MANAGEMENT OF THE PERSONAL COMMUNICATIONS BUSINESS AREA

Elcoteq SE      Stock Exchange Release    June 30, 2008 at 4.20 pm (EET)

Mr. Jouni Hartikainen, President and CEO of the Elcoteq SE, will take over
management of the Group's Personal Communications Business Area on July 1,
2008. Mr. Anssi Korhonen, current President of the Personal Communications
Business Area and member of the Elcoteq Management Team, is taking up a new
position outside the company. Mr. Hartikainen will continue as Elcoteq's
President and CEO. 

Elcoteq is continuing to develop its strategy as an Integrated EMS company.
This is of particular importance to the Group's Personal Communications
Business Area which represents more than 70 per cent of Elcoteq's net sales.
Mr. Hartikainen will be focusing on the implementation of this strategy. 

Since October 2007, Mr. Hartikainen's responsibilities at Elcoteq have also
included Human Resources. Leadership of the Group's Global HR function is now
being passed to Mr. Sándor Hajnal, currently Elcoteq's HR Development Director.
Mr. Hajnal has been appointed Vice President, Human Resources with effect from
July 1, 2008. 


ELCOTEQ SE

Minna Aila
Director, Investor Relations and Corporate Responsibility

Further information:
Jouni Hartikainen, President and CEO, tel. +358 10 41 311
Minna Aila, Director, Investor Relations and Corporate Responsibility, 
tel. +358 40 513 1470
Carsten Barth, Director, Marketing and Communications, tel. +41 79 618 0313



About Elcoteq
Elcoteq SE is a leading electronics manufacturing services (EMS) company in the
communications technology field. Elcoteq's global service offering covers the
entire lifecycle of products, from product development to after-market
services. By further combining mechanics expertise into its service offering,
Elcoteq's vision is to be a leading integrated electronics manufacturing
services (IEMS) company. 

Elcoteq provides global end-to-end solutions consisting of product development
services, supply chain management, NPI, manufacturing, and after-market
services for the whole lifecycle of its customers' products. These products
include Personal Communications products such as mobile phones and their parts,
Home Communications products such as set-top boxes and electronics for flat
screen TVs as well as Communications Networks products such as base-stations,
tower-top amplifiers, and microwave systems. 
 
Elcoteq operates in 15 countries on four continents and employs some 24,000
people. The Group's consolidated net sales for 2007 totaled 4.0 billion euros.
Elcoteq SE is listed on the OMX Nordic Exchange Helsinki.  For more information
visit the Elcoteq website at www.elcoteq.com.