Change in Exel Composites' Group Management

EXEL COMPOSITES PLC   STOCK EXCHANGE RELEASE           4.2.2011 at 12.40    

CHANGE IN EXEL COMPOSITES’ GROUP MANAGEMENT

Mr. Lasse Orre, SVP Sales and member of Exel Composites’ Group Management, has been appointed VP Sales of the Group’s Nanjing unit in China as of 1 February 2011. Due to his new responsibilities Mr. Orre is no longer member of the Group Management.

Exel Composites Management Group members are Mr. Vesa Korpimies, President and CEO, Mr. Ilkka Silvanto, CFO, and Mr. Callum Gough, SVP Operations.

Vantaa, 4 February 2011

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.

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.

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