SIEVI CAPITAL : THE BOARD OF DIRECTORS OF SIEVI CAPITAL PLC HAS SIGNED A ...

SIEVI CAPITAL PLC STOCK EXCHANGE RELEASE 11 AUGUST 2011 11.00 A.M.

THE BOARD OF DIRECTORS OF SIEVI CAPITAL PLC HAS SIGNED A DEMERGER PLAN

The board of directors of Sievi Capital plc (?Sievi Capital?) has on 11 August 2011 signed a demerger plan. According to the plan, contract manufacturing and other industry operations are demerged into a newly established, publicly listed company with investment operations remaining in the demerged company Sievi Capital. The proposed new name for the contract manufacturing company is Scanfil plc. The demerger will clarify corporate structures, enhance operative transparency and hence, promote the value appreciation for shareholders in the long term.

The complete demerger plan is available in Finnish on the Sievi Capital?s website at www.sievicapital./ Investors. The demerger plan includes the board of directors? proposal for the extraordinary shareholder?s meeting to be held on the latter part of 2011 regarding, among other, the following issues:

- the corporate names of the companies participating in the demerger, their

Articles of Association, selecting procedure of boards and auditors and

share capital

- consideration shares for Sievi Capital?s shareholders and time of demerger

- the division of the demerging company?s assets and liabilities to the

recipient company

A demerger prospectus will be published on or about November 2011. The prospectus will include descriptions of the operations of the companies participating in the demerger, their group balance sheets, carve-out financial information extracted from the demerging Sievi Capital?s consolidated financial statements and other details concerning the proposed demerger.

Carnegie Investment Bank AB, Finland Branch is Sievi Capital?s financial advisor and lead manager of the demerger and Attorneys at law Borenius Ltd is its legal advisor.

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.

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