Incap’s Annual Report and Corporate Governance statement published

INCAP CORPORATION        STOCK EXCHANGE RELEASE         24 March 2011 at 8.45
a.m.


INCAP'S ANNUAL REPORT AND CORPORATE GOVERNANCE STATEMENT PUBLISHED

Incap Corporation's annual report, which includes the consolidated financial
statements for 2010, has been published in Finnish and in English. The report is
available in PDF form on the company's website at www.incap.fi/Media/Annual
report. The annual report has been published only in electronic format.

The annual report includes among others the report of the Board of Directors,
consolidated financial statements and the auditor's report. The auditor has in
its report wanted to draw attention to the issues described in the report of the
Board of Directors and in paragraph 26 of notes to financial statements of that
company's estimation of the adequacy of the financing for the following twelve
months' working capital needs include uncertainty. The set result estimate and
the targeted turnover rate of inventories create uncertainty to working capital
as well company's ability to meet the financing covenants of a financing
agreement.

Incap has published the corporate governance statement as a separate document,
which is available on the company's website at www.incap.fi/Investors/Corporate
Governance.

INCAP CORPORATION

Sami Mykkänen
President and CEO

Further information:
Sami Mykkänen, President and CEO, tel. +358 40 559 9047
Eeva Vaajoensuu, CFO, tel. +358 40 763 6570
Hannele Pöllä, Director, Communications and HR, tel. +358 40 504 8296



DISTRIBUTION
NASDAQ OMX Helsinki Ltd
Principal media
www.incap.fi

APPENDIX
Annual report and financial statements including report of the Board of
Directors and Auditor's report
Corporate governance statement

INCAP IN BRIEF
Incap Corporation is an internationally operating contract manufacturer whose
comprehensive services cover the entire life-cycle of electromechanical products
from design and manufacture to maintenance services. Incap's customers include
leading equipment suppliers in energy efficiency and well-being technologies,
for which the company produces competitiveness as a strategic partner. Incap has
operations in Finland, Estonia and India. The Group's revenue in 2010 amounted
to approx. EUR 59 million and the company currently employs approx. 730 people.
Incap's share is listed on the NASDAQ OMX Helsinki. Additional information:
www.incap.fi




Report on Corporate Governance:
http://hugin.info/120192/R/1499600/435077pdf

Financial Statements 2010:
http://hugin.info/120192/R/1499600/435075pdf

Annual Report 2010:
http://hugin.info/120192/R/1499600/435074pdf




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Source: Incap Oyj via Thomson Reuters ONE

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