Cencorp Corporation’s Nomination and Compensation Committee proposes adding one member to the board of directors of Cencorp Corporation and confirming the number of members in the board as four. Master of Laws Jan-Erik Stenman (aged 52), President of Veritas Pension Insurance Company Ltd, is proposed as a new member for the board of directors. He has assented to take on the post. Stenman joined Veritas Pension Insurance Company in January 2004 and has been the President since March 1, 2004. Earlier he has worked e.g. for Nokia Inc.
in the United States as Director of Finance and Treasury.

The Nomination and Compensation Committee further proposes that stock options held by a subsidiary of Cencorp Corporation be given to Jan-Erik Stenman as part of the remuneration package so that he receives maximum 107,000 stock options in accordance with Cencorp Corporation’s 2004 stock option plan.
Subscription price of shares is defined in the stock option plan as 0.78 euros per share. Stenman’s proposed remuneration package is the same as for the other members of the Cencorp Corporation board of directors.

Master of Laws Jorma Kielenniva, CEO Petri Väinölä and B.Sc. (Eng.) Markku Jokela continue as members of the board of directors.

Extraordinary general meeting of Cencorp Corporation will be held September 30, 2005 at 2.00 pm in the company’s headquarters at Maksjoentie 11, FI-08700 Virkkala, Finland. Invitation to the extraordinary general meeting will be delivered later on.

In Virkkala, September 1,  2005

Cencorp Corporation

BOARD OF DIRECTORS

Further information:
Petri Väinölä
CEO
Tel. +358-19-6610 215

Ville Parpola
Vice President, Legal Affairs
Tel. +358-19-6610 320

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

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

Neither this press release nor any copy of it may be taken,
transmitted into or distributed in the United States of America or its territories or possessions.