EXEL COMPOSITES PLC     STOCK EXCHANGE RELEASE                          
8.1.2013 at 8.15 a.m. 

EXEL COMPOSITES PLC AND SSG SAHALA TO AMEND MAINTENANCE AGREEMENT

Exel Composites Plc and Exel's maintenance service provider SSG Sahala Oy have
amended the maintenance co-operation agreement signed in 1996. Part of fields
within the scope of the maintenance agreement will be transferred back to Exel
Composites. As a result eight persons will be transferred to Exel Composites as
existing employees at the Group's Finnish units in Joensuu and Mäntyharju. The
agreement will come into force on 1 February 2013. 

Transferring the fields relative to the agreement back to Exel makes the
Finnish units' operations more efficient and generates cost savings, Mr. Vesa
Korpimies, President and CEO of Exel Composites, says. 


Vantaa 8 January 2013

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.
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