Exel Composites Oyj

Related Party Transaction • Dec 17, 2010

Disclosure 283226

Exel Composites Oyj - Company Announcement

E-Sports Group becomes license holder for Exel floorball trademarks

EXEL COMPOSITES PLC STOCK EXCHANGE RELEASE 17.12.2010 at 9.10 E-SPORTS GROUP BECOMES LICENSE HOLDER FOR EXEL FLOORBALL TRADEMARKS Exel Composites Plc has entered into a trademark licence agreement with E-Sports Group Oy in relation to Flooball products. The license agreement covers the use of the Exel trademark together with other floorball trademarks. The agreement will be in effect from 17 December 2010. Exel Composites has terminated the license agreement with the former license holder EF Team Sports Oy. The parties have agreed not to disclose the value of the agreement. The agreement is expected to have a positive impact on Exel Composites' fourth quarter 2010 result. Vantaa, 17 December 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 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.