Change in Exel Composites Plc's Group Management
EXEL COMPOSITES PLC STOCK EXCHANGE RELEASE 8.10.2009 at 12.15 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 firstname.lastname@example.org Ilkka Silvanto, CFO, Exel Composites Plc, tel. +358 50 598 9553, or email email@example.com DISTRIBUTION NASDAQ OMX Helsinki Ltd. Main news media 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.