Scanfil Oyj — AGM Information 2011

Nov 22, 2011

SIEVI CAPITAL PLC'S EXTRAORDINARY GENERAL MEETING ON 22 NOVEMBER 2011

SIEVI CAPITAL PLC'S EXTRAORDINARY GENERAL MEETING ON 22 NOVEMBER 2011

SIEVI CAPITAL PLC STOCK EXCHANGE RELEASE 22 NOVEMBER 2011 11.10 A.M.

SIEVI CAPITAL PLC'S EXTRAORDINARY GENERAL MEETING ON 22 NOVEMBER 2011

Sievi Capital plc's (“Company”) Extraordinary General Meeting has in it's
meeting on 22 November 2011 decided on Company's demerger according to the
Demerger Plan signed by the Board of Directors of Sievi Capital plc on 11
August 2011.

According to the Demerger Plan the assets and liabilities related to the
Company's contract manufacturing and other industrial operations will be
transferred as a result of the partial demerger to Scanfil plc, a new company
to be founded. The planned registration date of the execution of the demerger
is 1 January 2012.

The Company's shareholders shall receive one (1) new share of Scanfil plc, the
new company to be founded, against each Sievi Capital plc's share in their
ownership, by way of consideration for the demerger.

The minutes of the Extraordinary General Meeting will be available on the
Company's website, www.scanfil.com, as of 5 December 2011.

SIEVI CAPITAL PLC

Harri Takanen
President

Additional information:
President Harri Takanen
Tel +358 8 4882 111

Distribution NASDAQ OMX, Helsinki
Major Media
www.sievicapital.com

Sievi Capital Group comprises the investment and parent company Sievi Capital
plc, and a subgroup called Scanfil EMS Oy, which is engaged in contract
manufacturing for international telecommunications technology and professional
electronics manufacturers. The objective of the investment activities is to
make the management of the company's funds more effective and productive by
diversifying the risks and finding new growth potential.

Scanfil EMS Oy has 35 years of experience in demanding contract manufacturing.
Scanfil is a systems supplier that offers its products and services to
international telecommunications systems manufacturers and professional
electronics customers. Typical products are equipment systems for mobile and
public switched telephone networks, automation systems, frequency converters,
lift control systems, equipment and systems for electricity production and
transmission, analysers, slot machines and different meteorological
instruments. The company has production facilities in China, Estonia, Hungary
and Finland.

The associated companies of Sievi Capital Group:
Kitron ASA (KIT) (Sievi Capital plc's share of ownership 32,96%) is a listed
Norwegian subcontractor, which operates in five different customer segments:
the marine and oil industry, basic industry, defence equipment industry,
hospital and healthcare equipment industry and data and telecommunications
industry. In addition to Norway, Kitron ASA has plants and production in
Sweden, Lithuania, Germany, China and, as of the beginning of 2011, also in the
United States. Kitron ASA's turnover in 2010 was NOK 1,643.9 million (about EUR
204.8 million). www.kitron.com

Greenpoint Oy (Scanfil EMS Oy's share of ownership 40%) focuses on development
and supply of solutions and equipment, which improve placements, visibility and
sales of customer products in the Point-Of-Sale. The Greenpoint product
portfolio includes a large variety of refrigerated merchandisers, displays and
integrated check-out zone concepts. The company serves both brand owners and
retail chains internationally. Along with the European markets Greenpoint Oy
has entered North and Latin American markets through partnerships.
www.greenpoint.fi

iLOQ Ltd (Sievi Capital plc's share of ownership 23%) develops, manufactures
and markets innovative, high security, electronic and battery-free locking
solutions that combine modern mechatronics with communications and software
technology. The functionality of the iLOQ S10 product concept developed by iLOQ
Ltd and the added customer value it generates has been shown to be good by
achieving significant growth and customer accounts in the Finnish lock market.
The company has built a Finnish distributor network that covers growth centers
and major cities. www.iloq.fi

IonPhasE Oy (Sievi Capital plc's share of ownership 40%) develops and
manufactures high performance dissipative polymers that help to control static
electricity. IonPhasE products are utilized in wide range of industries like
chemical, automotive, telecommunication and consumer electronics. Based on
own-patented technology, IonPhasE manufactures polymers called IonPhasE IPE.
www.ionphase.fi

Panphonics Oy (Sievi Capital plc's share of ownership 40%) is the world's
leading provider of directional audio solutions. Panphonics manufactures
directional audio solutions for acoustically demanding applications based on
it's own patented technology. Panphonics Sound Shower directional audio
speakers can be found in banks, retail stores, digital signage projects,
information kiosks, theatres, and offices throughout the world. Panphonics is
also component manufacturer and licensor of plane wave technology for
industrial audio manufacturers and audio solution providers. www.panphonics.com