Incap Corporation    Stock Exchange Release
18 August 2010 at 3 p.m.

NOTICE TO THE EXTRAORDINARY GENERAL MEETING

Notice is given to the shareholders of Incap Corporation to the Extraordinary
General Meeting to be held on Thursday, 9 September 2010 at 3 p.m. at G.W.
Sundmans' conference venue at the address Eteläranta 16, 2nd floor, 00100
Helsinki. The reception of persons who have registered for the meeting and the
distribution of voting tickets will commence at 2.30 p.m.

A. Matters on the agenda of the General Meeting

At the Extraordinary General Meeting, the following matters will be considered:

1. Opening of the meeting

2. Calling the meeting to order

3. Election of persons to scrutinise the minutes and to supervise the counting
of votes

4. Recording the legality of the meeting

5. Recording the attendance at the meeting and adoption of the list of votes

6. Proposal of the Board of Directors for a directed share issue
The Board of Directors will propose to the Extraordinary General Meeting that
the company's capital structure will be strengthened by issuing a minimum of
4,000,000 and a maximum of 4,500,000 new shares, waiving the shareholders'
pre-emptive rights, by offering subscription right to professional investors,
the Board of Directors and the members of the management team as well as to
those of existing shareholders, who hold at least 100,000 shares on 14 September
2010.

The directed share issue is aimed at strengthening the company's capital and
financing structure as well as at financing the development of the company's
international business operations.

7. Other eventual proposals to the Extraordinary General Meeting

8. Closing of the meeting

B. Documents of the General Meeting

The above-mentioned proposal relating to the agenda of the Extraordinary General
Meeting as well as this notice are available on Incap Corporation's website at
www.incap.fi/Investors
The proposal is available at the meeting and copies of it and of this notice
will be sent to shareholders upon request. The minutes of the meeting will be
available on the above-mentioned website as from 21 September 2010.

C. Instructions for the participants in the General Meeting

1. The right to participate and registration
Each shareholder, who is registered on 30 August 2010 in the shareholders'
register of the company held by Euroclear Finland Ltd., has the right to
participate in the Extraordinary General Meeting. A shareholder, whose shares
are registered on his/her personal book-entry account, is registered in the
shareholders' register of the company.

A shareholder, who wants to participate in the General Meeting, shall register
for the meeting no later than on Monday 6 September 2010 at 4 p.m. by giving a
prior notice of participation. Such notice can be given:
a) by e-mail (pii.ahtiainen@incap.fi);
b) by telephone +358 40 347 2124;
c) by telefax +358 10 612 5680; or
d) by regular mail to Incap Corporation/Extraordinary General Meeting,
Valuraudankuja 6, 00700 Helsinki.

In connection with the registration, a shareholder shall notify his/her name,
personal identification number, telephone number and the name and personal
identification number of a possible assistant or proxy representative. The
personal data given to Incap Corporation is used only in connection with the
General Meeting and with the processing of related registrations.

Pursuant to chapter 5, section 25 of the Company's Act, a shareholder who is
present at the
General Meeting has the right to request information with respect to the matters
to be considered at the meeting.

2. Proxy representative and powers of attorney
A shareholder may participate in the General Meeting and exercise his/her rights
at the meeting by way of proxy representation. A proxy representative shall
produce a dated proxy document or otherwise in a reliable manner demonstrate
his/her right to represent the shareholder at the General Meeting. Possible
proxy documents should be delivered in originals to Incap Corporation/Pii
Ahtiainen, Valuraudankuja 6, 00700 Helsinki before the last date for
registration.

3. Holders of nominee registered shares
A holder of nominee registered shares, who wants to participate in the
Extraordinary General Meeting, must be entered into the shareholders' register
of the company on 6 September 2010 at 10 a.m. at the latest. A holder of nominee
registered shares is advised to request necessary instructions regarding the
registration in the shareholder's register of the company, the issuing of proxy
documents and registration for the General Meeting from his/her custodian bank.

4. Other instructions and information
On the date of this notice to the Extraordinary General Meeting, 18 August
2010, the total number of shares and votes in Incap Corporation is 14,180,880.

In Helsinki, 18 August 2010

INCAP CORPORATION
Board of Directors

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

ANNEX
The proposal of the Board of Directors for a directed share issue

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 2009 amounted
to EUR 70 million and the company currently employs approximately 800 people.
Incap's share is listed on the NASDAQ OMX Helsinki. Additional
information:www.incap.fi



ANNEX 1
The proposal of the Board of Directors for a directed share issue

The Board of Directors proposes to the Extraordinary General Meeting that the
capital structure be strengthened with a directed share issue as follows:

1. Rights issue and the number of new shares
The Board of Directors proposes to the Extraordinary General Meeting that the
company's shareholders equity will be enhanced by issuing a minimum of
4,000,000 and a maximum of 4,500,000 new shares.

2. Right to subscribe new shares
The Board of Directors proposes that the new shares will be issued, waiving the
shareholders' pre-emptive rights, by offering subscription right to professional
investors, the Board of Directors and the members of management team as well as
to those of existing shareholders who hold at least 100,000 shares on 14
September 2010. The Board of Directors shall decide on the division of
subscription rights.
3. Weighty economic reason
It is proposed that the shareholders' pre-emptive rights be deviated, because
the directed share issue is meant for strengthening the company's capital and
financing structure with a quick and affordable arrangement as well as for
financing the development of the company's international business operations.

With these grounds there is a weighty economic reason for the company to deviate
from the shareholders' pre-emptive subscription right.

4. Payment of subscription price
The  subscription  price  to  be  paid  to  the  company  for  each share is the
volume-weighted average price of the share on 1-31 August 2010 in the NASDAQ OMX
Helsinki  Ltd.  Payable  amount  will  be  registered  in full in the reserve of
invested unrestricted equity.

5. Basis for definition of subscription price
The average share price in August 2010 at NASDAQ OMX Helsinki Ltd. is a market
price, and therefore the subscription price does not offend the equality of
shareholders.

6. Subscription period
Subscription right shall be exercised on 20-28 September 2010.

7. Payment period of the shares
The subscription price for each share shall be paid in full to the company's
bank account on 28 September 2010 at the latest.

8. Registration of subscriptions
The company has authorised Nordea Bank Finland Plc to accept subscriptions in
their banks and in Nordea Private Banking units during their normal opening
hours.

9. Rights of the new shares
New shares are entitled to dividend as from the date of the registration of the
new shares.

10. Other issues relating to the directed share issue
The Board of Directors is authorised to decide on the division of subscription
rights among the subscribers in case of eventual oversubscription of shares as
well as on any other issues relating to the share issue.

The company aims at entering the new shares to the trade register as soon as
possible after the acceptance of the subscriptions. The application for taking
the new shares into a public trading at the Helsinki Exchanges is estimated to
be made by end of October at the latest, and the company is publishing a
prospectus for this purpose.

INCAP CORPORATION
Board of Directors


[HUG#1438660]








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