EVALUATION PROCESS OF CONDUCTIVE BACK SHEETS CONTI

Cencorp Corporation     Stock Exchange Release  17 July 2013 at 13.30 Finnish time

EVALUATION PROCESS OF CONDUCTIVE BACK SHEETS CONTINUES BY CHINESE SOLAR PHOTOVOLTAIC MODULE MANUFACTURER –MASS DELIVERIES HAVE NOT STARTED

On 5 November 2012 Cencorp announced that the company has signed a Memorandum of Understanding on delivering Conductive Back Sheets (“CBS”) to one of the leading Chinese PV (“Photovoltaic”) module manufacturers. The Memorandum of Understanding is non-binding. According to the customer's written estimate received from the customer at the end of January 2013 CBS mass deliveries should have commenced during the first half of 2013. Commencing of the mass production always requires customer’s internal evaluating process which still continues and the customer has not yet started mass production. However, CBS components have passed Cencorp´s internal technical requirements and Cencorp starts to deliver them from its Beijing site to its photovoltaic module factory in Mikkeli, Finland where components will be integrated into Cencorp´s own photovoltaic modules. Photovoltaic factory in Mikkeli, Finland has started its trial production in June 2013.

The execution of the non-binding Memorandum of Understanding signed with a major Chinese photovoltaic module manufacturer involves risks. The final terms of an agreement are still under negotiations, thus execution of the agreement is not yet guaranteed. Thus, Cencorp is not yet able to estimate the agreement's possible execution, effective date neither the agreement's impact in Cencorp nor the final risks relating to it. In regard to the Memorandum of Understanding on delivering CBS to the Chinese photovoltaic module manufacturer, the estimated minimum value of EUR 20 million for the next three years from starting of mass production will probably stay non-binding even though the actual Memorandum of Understanding turns into a binding supply contract. In this business customers do not give binding order estimations.

In Mikkeli, 17 July 2013

Cencorp Corporation

BOARD OF DIRECTORS

For more information please contact:

Cencorp: Iikka Savisalo, President and CEO, tel. +358 40 521 6082, iikka.savisalo@savcor.com

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NASDAQ OMX, Helsinki

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www.cencorp.com

Cencorp Corporation is a leading provider of industrial automation solutions. The equipment included in the product portfolio designed for depaneling, odd-form assembly, testing and laser materials processing substantially improves the efficiency of customers' production. Cencorp has selected clean technology as its other business segment, especially photovoltaic solutions. Cencorp manufactures and sells photovoltaic modules, based on Cencorp´s own technology, key components of photovoltaic modules as well as their manufacturing technology. The product range also includes EMI shielding solutions, RFID antennas, other flexible circuits including for example conductive back sheets used in photovoltaic modules and mobile phone antennas. Cencorp's head office is located in Mikkeli, Finland. The company is part of the Finnish Savcor Group.