EUR 20 million credit facility agreements for Elektrobit Corporation (EB)


Stock exchange release

Free for publication on July 2, 2014 at 6.30 p.m. (CEST+1)

EUR 20 million credit facility agreements for Elektrobit Corporation (EB)


Elektrobit  Corporation (EB) has signed EUR 10 million credit facility agreement
with  Nordea Bank Finland Plc and  EUR 10 million credit facility agreement with
Pohjola  Bank  Plc  on  July  2, 2014. These  agreements,  intended  for general
financing  purposes,  are  valid  until  June  30, 2017 and include conventional
covenants  that are, among others, related  to equity ratio, transfer and pledge
of the assets.

These  credit facility agreements replace  EUR 20 million credit facilities from
Nordea Bank Suomi plc, which were valid until 30.6.2014.


Oulu, July 2, 2014

Elektrobit Corporation
Jukka Harju
CEO

Further information:

Jukka Harju
CEO
Tel. +358 40 344 5466

Veli-Pekka Paloranta
CFO
Tel. +358 40 344 2793

Distribution:

NASDAQ OMX Helsinki
Principal media

Elektrobit Corporation (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  in 2013 totaled EUR 199.3
million  and  operating  profit  was  EUR 8.1 million. Elektrobit Corporation is
listed on NASDAQ OMX Helsinki. www.elektrobit.com

[HUG#1811690]