Elcoteq SE Stock Exchange Release September 19, 2008 at 12.30 pm (EET) CHANGES IN ELCOTEQ'S OPERATIONS ORGANIZATION AND IN THE MANAGEMENT TEAM Mr. Petteri Laaksomo, member of the Elcoteq Management Team and Senior Vice President of Group Operations and Sourcing, will pursue his career outside Elcoteq as of September 22, 2008. Selection of his successor is on-going. 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 panel 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.