THE EXTRAORDINARY GENERAL MEETING OF ELEKTROBIT CORPORATION (EB) RESOLVED TO DISTRIBUTE EUR 0.11 PER SHARE AS A CAPITAL REPAYMENT

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Free for publication on December 4, 2013 at 1.45 p.m. (CET+1)

THE  EXTRAORDINARY GENERAL  MEETING OF  ELEKTROBIT CORPORATION  (EB) RESOLVED TO
DISTRIBUTE EUR 0.11 PER SHARE AS A CAPITAL REPAYMENT

The  Extraordinary General  Meeting of  Elektrobit Corporation  (EB) was held on
Wednesday   December   4, 2013 at   1.00 p.m.   at   the   University  of  Oulu,
Saalastinsali,  at the address Pentti  Kaiteran katu 1, 90570 Oulu, Finland. The
General  Meeting  resolved  in  accordance  with  the  proposal  of the Board of
Directors  that  on  the  basis  of  the  financial  statements  adopted for the
financial  period  ended  on  December  31, 2012, funds  from  the invested non-
restricted equity fund be distributed to shareholders as a repayment of capital,
with the capital repayment amounting to EUR 0.11 per share. The aggregate amount
of  the distribution based on the number of shares as of the date of the General
Meeting would amount to EUR 14,311,096.25. The repayment of capital will be paid
to shareholders recorded in the company's register of shareholders maintained by
Euroclear  Finland Ltd.  on the  record date  of the capital repayment, December
10, 2013. The repayment of capital shall be paid on December 17, 2013.

As  a result of the capital repayment the subscription prices of shares pursuant
to  the series  2008A-C stock  options will  be reduced  with the  amount of the
capital  repayment per  share on  the record  date of  the capital  repayment in
accordance  with the  terms of  the stock  options. Hence the share subscription
price pursuant to stock options 2008A will reduce to EUR 0.07, pursuant to stock
options 2008B to EUR 0.73 and pursuant to stock options 2008C to EUR 0.61.

On the date of the General Meeting, December 4, 2013, the total number of shares
in Elektrobit Corporation is 130,100,875.


Oulu, December 4, 2013

Elektrobit Corporation
The Board of Directors

Further information:

Jukka Harju
CEO
Tel. + 358 40 344 5466

Päivi Timonen
Chief Legal Officer
Tel. + 358 40 344 2794

Distribution:

NASDAQ OMX Helsinki
Principal media

Elektrobit (EB)

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 from continuing operations in
2012 totaled   MEUR  185.4. Elektrobit  Corporation  is  listed  on  NASDAQ  OMX
Helsinki. www.elektrobit.com

[HUG#1747699]