INCAP LOWERS ITS RESULT ESTIMATE FOR THE YEAR 2009 AND PREPARES INCREASE OF SHARE CAPITAL

Incap Corporation    Stock exchange release
4 February 2010 at 9.15 a.m.


INCAP LOWERS ITS RESULT ESTIMATE FOR THE YEAR 2009 AND PREPARES INCREASE OF
SHARE CAPITAL

Based on the possible closing down of Vuokatti factory, Incap recognises a total
of approx. EUR 2.5 million of non-recurring expenses in its fourth quarter
result 2009. After the recognition, Incap Group's full-year operating profit
2009 is estimated, according to preliminary calculations, to be approx. EUR 4.9
million negative. Taking into consideration the provision made for the financial
year 2008, there is altogether EUR 3.1 million reserved for the restructuring of
production.

Incap estimated in the interim report published on 4 November 2009 that its
operating result for the latter half of the year will be better than of the
first half of the year and that the operating result for the whole year is
clearly better than in 2008. Operating result of the first half of the year
2009 was 1.0 million negative. Full-year operating result for 2008 was 3.6
million negative. Incap's revenue for 2009 is EUR 70 million as estimated
previously.

In order to strengthen the company's financial position, the Board of Directors
plans a rights issue, which will be implemented or decided at the latest in the
Annual General Meeting that will be held on 13 April 2010. The Board has an
authorisation from the Annual General Meeting in 2009 to increase the share
capital through one or more rights issues so that the total number of new shares
to be subscribed for on the basis of the authorisation is a maximum of
1,200,000 shares.

Incap will publish its financial statement for 2009 on Wednesday 24 February
2010.

INCAP CORPORATION

Sami Mykkänen
President and CEO


Further information:
Sami Mykkänen, President and CEO, Tel. +358 40 559 9047
Eeva Vaajoensuu, CFO, Tel. +358 40 763 6570
Hannele Pöllä, Director, Communications and HR, Tel. +358 40 504 8296

DISTRIBUTION
NASDAQ OMX Helsinki Ltd
Principal media
www.incap.fi


INCAP IN BRIEF
Incap Corporation is an internationally operating contract manufacturer whose
comprehensive services cover the entire life-cycle of electromechanical products
from design and manufacture to after-sales services. Incap's customers include
leading equipment suppliers in energy efficiency and well-being technologies,
for which the company produces competitiveness as a strategic partner. Incap has
operations in Finland, Estonia and India. The Group's revenue in 2008amounted to
EUR 94 million and the company currently employs approximately 770 people.
Incap's share is listed on the NASDAQ OMX Helsinki. Additional information:
www.incap.fi.







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