EUR 20 MILLION CREDIT FACILITY AGREEMENTS FOR EB, ELEKTROBIT CORPORATION


STOCK EXCHANGE RELEASE
Free for publication on May 11, 2012 at 2.30 p.m. (CEST+1)
EUR 20 MILLION CREDIT FACILITY AGREEMENTS FOR EB, ELEKTROBIT CORPORATION

EB,  Elektrobit Corporation  has signed  credit facility  agreements with Nordea
Bank  Finland plc on May 11, 2012. According  to the agreements, the current EUR
10 million  credit  facility  agreement,  valid  until  June  30, 2012, has been
extended  and,  in  addition,  a  new  EUR 10 million committed revolving credit
facility  agreement has been signed.  These credit facility agreements, intended
for  general  financing  purposes,  are  valid  until June 30, 2014, and include
financial  covenants  related  to  group's  equity  ratio  and  earnings  before
interests and taxes (EBITDA), to be reviewed semiannually.

Oulu, May 11, 2012

EB, Elektrobit Corporation
Jukka Harju
CEO

Further information:

Jukka Harju
CEO
Tel. + 358 40 344 5466

Distribution:

NASDAQ OMX 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
wireless and automotive industries. The net sales for the year 2011 totaled MEUR
162.2. Elektrobit    Corporation    is    listed   on   NASDAQ   OMX   Helsinki.
www.elektrobit.com

[HUG#1611394]