Elektrobit Awarded for Best Investor Relations from a Finnish Company - Small Cap

Business Wire, May 27, 2005

OULUNSALO, FINLAND -- Elektrobit was awarded for best investor relations from a Finnish company in the small cap category at the Annual IR Magazine Nordic Awards 2005. The two other companies nominated in the same category were KCI Konecranes and Stockmann.

"The constant and creative dialogue with the representatives of the Capital Markets; shareholders, institutions, analysts and fund managers, helping us to develop the Elektrobit IR function both from a content and process point of view, has played a great importance in winning this valuable 1st prize", says Mr. Edvard Krogius, Director, Investor & Marketing Communications. "This award is a recognition directed to a large group of Elektrobit personnel, including top and business unit management, finance, business intelligence and legal departments and Group communications for dedicated and professional work during the past years", Mr. Krogius continues.

The Annual IR Magazine Nordic Awards is an event recognizing excellence in Nordic Investor Relations. The event was now arranged for the fifth time. The results were determined by independent in-depth research conducted amongst locally and internationally based portfolio managers and analysts covering the Nordic equity market. The award was presented on Thursday 26 May, 2005 in Reykjavik, Iceland.

About Elektrobit:

Elektrobit specializes in wireless technology - the design and life-cycle testing of electronic products, as well as in production automation. Elektrobit Group is a versatile engineering company, which, in addition to its design services, develops, sells and markets its own technologies and products to customers. The company's customers include the telecommunications, automotive, defense and space, industrial automation, and well-being and medical industries. Elektrobit employs some 1600 wireless technology experts in 14 countries. The Group's net sales for the year 2004 totalled 203 million euro. Elektrobit Group Plc. is listed on the Helsinki Exchanges. www.elektrobit.com