Elektrobit Oyj (HEL:EBG1V) STOCK EXCHANGE RELEASE Available for publication on November 18th 2008 at 9.00 am. (CEST+1)

EB, ELEKTROBIT CORPORATION'S CHAIRMAN OF THE BOARD WILL CHANGE

The chairman of the board of EB, Dr. Tech. J.T. Bergqvist has today notified his resignation from the chairmanship and the membership of the Board of EB. The resignation will be in effect immediately.

The Board of EB will elect a new chairman in it's meeting to be held on November 19th 2008.

November, 18, 2008 Elektrobit Corporation Board of Directors

Further information:

Pertti Korhonen CEO Tel. +358 40 344 5466

Outi Torniainen Director, Communications and Marketing Tel. +358 40 512 1375

DISTRIBUTION: OMX Nordic Exchange Helsinki Main media

EB, Elektrobit Corporation EB develops advanced technology and transforms it into enriching end user experiences. EB specializes in demanding embedded software and hardware solutions for the automotive industry and wireless technologies. The company's net sales for the year 2007 totaled EUR 144.3 million. Elektrobit Corporation is listed on the OMX Nordic Exchange Helsinki. www.elektrobit.com

This announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.

Elektrobit Oyj

http://www.elektrobit.com

ISIN: FI0009007264

Stock Identifier: XHEL.EBC

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