Vacon to start acquiring the company's own shares

Vacon Plc, Stock Exchange Release, 23 October 2008 at 12.15 p.m. EET:

Vacon Corporation's Board of Directors has decided to exercise the
authorization it was given by the Annual General Meeting of
Shareholders on 26 March 2008 to acquire the company's own shares.
Vacon Corporation intends to acquire a maximum of 60,000 own shares,
corresponding to approximately 0.4 % of all the company shares. Under
the authorization given by the AGM a maximum of 1,529,500 shares may
be acquired. Vacon Corporation currently holds 43,312 of the
company's own shares.

The company's own shares will be acquired using the company's
unrestricted equity at the market price at the time of trading in
public trading on the NASDAQ OMX Helsinki exchange at the share price
on the day of trading, in accordance with the rules and regulations
concerning the purchase of a company's own shares in public trading.

The shares will be acquired to develop the capital structure, to be
used as part of the company's incentive schemes for key personnel or
to pay salaries or bonuses, to finance any company acquisitions or
other business arrangements, or for other purposes to be decided by
the Board of Directors.

Purchase of the shares will begin at the earliest on 31 October 2008.

VACON PLC


For more information please contact:
Mr Vesa Laisi, President and CEO, phone: +358 (0)40 8371 510
Mr Mika Leppänen, CFO and Vice President, Finance & Control, phone:
+358 (0)40 8371 235

Distribution
Helsinki Exchanges
Financial Supervision Authority
Main media