The Board of Directors of Cencorp Corporation decided to issue
convertible capital notes, on the basis of an authorization
received at the Extraordinary General Meeting of Shareholders held on 8 September 2006. The convertible capital notes is offered for subscription by a limited group of professional investors. The maximum amount of the convertible capital notes is EUR 7,000,000. The annual fixed interest to be paid on the principal of the convertible capital notes is 6.75 per cent and the maturity is five years. The capital notes subscriptions can also be paid for with Eur 3,000,000 receivables relating to the Cencorp Subordinated Loan 2003.

The convertible capital notes entitles the holders to convert the notes into a maximum of 10,000,000 Cencorp Corporation shares. The conversion rate is EUR 0.70 and it will be entered as an increase to the share capital within the limits of the maximum share capital in the Articles of Association.

The objective of the transaction is to strengthen the capital
structure and growth opportunities and to broaden the ownership structure of the Company.

Helsinki, 11 October 2006

Cencorp Corporation

BOARD OF DIRECTORS

Further information:

Jarmo Kanervo
Executive Vice President
Tel. +358 40 5278802

Cencorp develops and supplies automation solutions to the
electronics and semiconductor industry that enhance productivity.

Distribution:
Helsinki Stock Exchange
Main media
www.cencorp.com