Exel Interim Report for 1 January - 30 September 2005

EXEL OYJ STOCK EXCHANGE RELEASE 3.11.2005 at 11.00 EXEL INTERIM REPORT FOR 1 JANUARY – 30 SEPTEMBER 2005 First nine months in brief Group - Net sales rose to EUR 69.3 million for the first nine months, up 8.2 per cent on the previous year’s EUR 64.1 million - Net sales were EUR 22.4 (20.4) million in the third quarter - Operating profit for the first nine months remained on a good level and was EUR 10.2 (10.4) million - Operating profit in the third quarter was EUR 3.0 (3.3) million or 13.4 (16.2) per cent of net sales - Earnings per share were EUR 0.17(0.19) based on the diluted number of shares at the end of the reporting period Divisions - Demand for industrial profiles remained strong in the third quarter - Industry Division posted strong growth in operating profit in the first nine months, up 37.2 per cent to EUR 7.6 (5.5) million - Sport Division sales remained on last year’s level - Strong focus on opening Nordic Walking markets hampered profitability in the Sport Division, posting an operating profit of EUR 0.5 (1.3) million in the third quarter The interim report in its entierity can be read in the attached PDF file. Further information: Ari Jokelainen, President & CEO, tel. +358 50 590 6750 Ilkka Silvanto, CFO, tel. +358 50 598 9553