Elektrobit Corporation (EB): Announcement pursuant to chapter 9, section 10 of the Finnish Securities Markets Act


Stock exchange release

Free for publication on October 28, 2014 at 11.50 am. (CET+1)

Elektrobit Corporation (EB): Announcement pursuant to chapter 9, section 10 of
the Finnish Securities Markets Act

Elektrobit  Corporation  (EB)  has  received  on  October 28, 2014 the following
notification:

FLAGGING ANNOUNCEMENT PURSUANT TO CHAPTER 9, SECTION 5 OF THE FINNISH SECURITIES
MARKETS ACT

1. Issuer of the shares
Elektrobit Corporation, business identity code 1004129-5

2. Name of the shareholder subject to notification obligation
Juha Hulkko

3. Reason for the notification
Event changing the breakdown of shares or voting rights. According to EB's stock
exchange release earlier today the number of Elektrobit Corporation's shares has
increased  on  October  28, 2014 through  share  subscriptions pursuant to stock
options, totaling to 131,407,100 shares, where as the holdings of the shares and
voting  rights  of  Juha  Hulkko  have  decreased below the 15 per cent flagging
threshold.  The decrease took place  on October 28, 2014. The aggregate holdings
of   Juha   Hulkko   total   to  19,701,862 shares  in  Elektrobit  Corporation,
corresponding  to  14.99 per  cent  of  the  Elektrobit Corporation's shares and
voting rights.

The  total number of shares in Elektrobit Corporation is 131,407,100. The shares
of  Elektrobit  Corporation  are  listed  on  the  NASDAQ  OMX Helsinki Ltd. The
Corporation has one series of shares. Each share has one vote.

Oulu, October 28, 2014

Elektrobit Corporation
Jukka Harju
CEO

Further information:

Kari Jokela
Chief Legal Officer
Tel. +358 40 344 5258

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

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