Change in Exel Composites Plc's Group Management

EXEL COMPOSITES PLC    STOCK EXCHANGE RELEASE 8.10.2009 at 12.15 1 (1)
CHANGE IN EXEL COMPOSITES PLC'S GROUP MANAGEMENT

Grant Pearce, Managing Director of Exel Composites Australia and member of Exel
Composites Plc's Management Group, has resigned. The executive search for a new
managing director has been commenced. 

In the meanwhile, Callum Gough, SVP Operations, will assume Grant Pearce's
responsibilities as Managing Director. 



Vantaa, 8 October 2009


Exel Composites Plc

Vesa Korpimies
President and CEO


Further information: 
Vesa Korpimies, President and CEO, Exel Composites Plc,
tel. +358 50 590 6754, or email vesa.korpimies@exelcomposites.com
Ilkka Silvanto, CFO, Exel Composites Plc, tel. +358 50 598 9553, or email
ilkka.silvanto@exelcomposites.com 


DISTRIBUTION
NASDAQ OMX Helsinki Ltd.
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www.exelcomposites.com


EXEL COMPOSITES IN BRIEF 
Exel Composites is a technology company which designs, manufactures and markets
composite profiles and tubes for industrial applications. The Group is the
leading composite profile manufacturer in the world and concentrates on growing
niche segments. 

The core of the operations is based on own, internally developed composite
technology, product range based on it and a strong market position in selected
segments with a strong quality and brand image. Profitable growth is pursued by
a relentless search for new applications and development in co-operation with
customers. The personnel's expertise and high level of technology play a major
role in Exel Composites' operations. 

Exel Composites Plc share is listed in the Small Cap segment of NASDAQ OMX
Helsinki Ltd. 

About Us

Exel Composites (www.exelcomposites.com) is a leading composite technology company that designs, manufactures and markets composite products and solutions for demanding applications. Exel Composites provides superior customer experience through continuous innovation, world-class operations and long-term partnerships. The core of the operations is based on own, internally developed composite technology, product range based on it and strong market position in selected segments with a strong quality and brand image. Profitable growth is pursued by a relentless search for new applications and development in co-operation with customers. The personnel’s expertise and high level of technology play a major role in Exel Composites’ operations. Exel Composites Plc share is listed in Nasdaq Helsinki Ltd.

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