Exel Composites' Annual Report 2009 and Corporate Governance Statement published

3/5/2010 2:01 AM EST

EXEL COMPOSITES PLC STOCK EXCHANGE RELEASE 5.3.2010 at 9.00 1 (1)

EXEL COMPOSITES’ ANNUAL REPORT 2009 AND CORPORATE GOVERNANCE STATEMENT PUBLISHED

Exel Composites Plc has today issued its Annual Report 2009 and Corporate Governance Statement on the Company’s website at www.exelcomposites.com.

The Corporate Governance Statement has been prepared in accordance with the recommendation of the Finnish Corporate Governance Code. The statement as a PDF is attached to this release.



Vantaa, 5 March 2010

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  
Ilkka Silvanto, CFO, Exel Composites Plc, tel. +358 50 598 9553,
or email  


DISTRIBUTION
NASDAQ OMX Helsinki Ltd.
Main news media
www.exelcomposites.com


EXEL COMPOSITES IN BRIEF
Exel Composites (www.exelcomposites.com) 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.