SUPPLEMENT TO STOCK EXCHANGE RELEASE

SUPPLEMENT TO STOCK EXCHANGE RELEASE

As supplement to Stock Exchange Release given by Etteplan Oyj on
Friday, 8 August 2003 the company informs of the operations and
financial status of the new subsidiary J.A. Produktutveckling AB.

Etteplan Oyj acquired a minority interest of 35 % in J.A.
Produktutveckling AB on 1 January 2002. Etteplan became a majority
stakeholder by 75 % interest report periodically on 1 August 2003. 

J.A. Produktutveckling AB is engaged in providing product
development services and delivery design assignments mainly for
automobile, electronics and machine manufacturing industries. The
company is established in 1987 and had on 30 June 2003 a payroll
of 100 persons. The company has offices in Sweden in Alingsås,
Göteborg, Jönköping, Malmö, Norrköping, Stockholm and Trollhättan.

In year 2002 the demand for electronics design services declined
strongly in Sweden. J.A. Produktutveckling AB adjusted its
functions during 2002 to correspond the altered market situation.
The impacts of the actions can be seen in the result of the first
half-year financial result of 2003.

Etteplan Oyj is one of Finland’s leading engineering design
companies. Etteplan’s customer base consists primarily of large
internationally operating companies. Customers are equipment
manufacturers as well as end-users in the wood-processing
industry, the process industry and the lifting and hoisting
equipment as well as electronics industries. The Group’s areas
of expertise span machine technology, electrical and automation
design as well as software development and electronics design.
The company had turnover in 2002 of EUR 37 million and has at the
present moment a payroll of more than 900 employees in Finland,
Sweden, Germany and Italy. The company is listed on the NM List
of Helsinki Exchanges.

Hollola, 11 August 2003


Etteplan Oyj

Board of Directors


For additional information, contact: CEO Heikki Hornborg,
tel. +358 3 872 9011, GSM +358 400 873 063.


The figures are unaudited.


DISTRIBUTION:     Helsinki Exchanges
                  Principal media
                  www.etteplan.com


KEY FIGURES FOR J.A. PRODUKTUTVECKLING AB
(EUR 1000)
                                                          Changes
                1.1.-30.6.03  1.1.-30.6.02  1.1.-31.12.02 for prev
                                                          year
Turnover               3 836         4 014          7 745   -4,4 %
Operating profit          51          -243           -287  121,0 %
% of turnover            1,3          -6,1           -3,7
Net profit for
the period                45          -291            -67  115,6 %
Return on investment, % 18,1          -6,6           -3,9
Return on equity, %     26,4          -7,8           -4,6
Equity ratio %          20,4           1,1           18,9
Gross interest-bearing
loans                    278           310            277  -10,3 %
Total balance          1 804         2 080          1 698  -13,3 %
Personnel at end of
period                   100           114            112  -12,3 %
Personnel, average       116           128            118   -9,4 %