Elcoteq SE (HEL:ELQ1V) Elcoteq SE Stock Exchange Release October 6, 2008 at 12.30 pm (EET)

ROGER TAYLOR APPOINTED SENIOR VICE PRESIDENT, GROUP OPERATIONS AND MEMBER OF THE ELCOTEQ MANAGEMENT TEAM

Mr. Roger Taylor (born 1960) has been appointed Senior Vice President (SVP) Group Operations and member of the Elcoteq Management Team (EMT) as of October 8, 2008. He will be based in Zug, Switzerland.

Roger Taylor has a proven track record in senior operational management and leadership positions within major communication technology OEM's like Nokia and Motorola. During his professional career he has gained wide international experience, including management of manufacturing and supply chain operations in Hong Kong and the USA. Most recently he has worked as an independent consultant in numerous overseas assignments for EMS companies.

"With his broad experience and industry knowledge Mr. Taylor will substantially help to optimize and improve Elcoteq's operations, logistics and supply chain management," Jouni Hartikainen, President and CEO of Elcoteq SE says.

ELCOTEQ SE

Minna Aila Director, Investor Relations and Corporate Responsibility

Further information:

Jouni Hartikainen, President and CEO, tel. +358 10 41 311 Minna Aila, Director, Investor Relations and Corporate Responsibility, tel. +358 40 513 1470 Carsten Barth, Director, Marketing and Communications, tel. +41 79 618 0313

About Elcoteq Elcoteq SE is a leading electronics manufacturing services (EMS) company in the communications technology field. Elcoteq's global service offering covers the entire lifecycle of products, from product development to after market services. By further combining mechanics expertise into its service offering, Elcoteq's vision is to be a leading integrated electronics manufacturing services (IEMS) company. Elcoteq provides global end-to-end solutions consisting of product development services, supply chain management, NPI, manufacturing, and after market services for the whole lifecycle of its customers' products. These products include Personal Communications products such as mobile phones and their parts, Home Communications products such as set-top boxes and electronics for flat panel TVs as well as Communications Networks products such as base-stations, tower-top amplifiers, and microwave systems.

Elcoteq operates in 15 countries on four continents and employs some 24,000 people. The Group's consolidated net sales for 2007 totaled 4.0 billion euros. Elcoteq SE is listed on the Nasdaq OMX Helsinki Ltd. For more information visit the Elcoteq website at www.elcoteq.com.

Elcoteq SE

http://www.elcoteq.com

ISIN: FI0009006738

Stock Identifier: XHEL.ELQAV

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