INCAP CORPORATION'S ANNUAL REPORT IS PUBLISHED



Stock Exchange Announcement, 18 March 2004 at 9 a.m.

Incap Corporation's annual report for 2003 has been published. The report is available both in Finnish and in English, and as from 19 March it can be read also on the company's website at www.incap.fi.
 
The annual report will be mailed to the shareholders to the addresses in the Shareholder Register kept by Finnish Central Securities Depository Ltd. 
 
Annual report and other publications can be ordered from Corporate Communications, tel. +358 10 612 5613/Maria Fernelius or by email maria.fernelius@incap.fi or on the company's website www.incap.fi.
 
 
INCAP CORPORATION
 
 
Hannele Pöllä
Director, Communications & IR
 
hannele.polla@incap.fi
Tel. 010 612 5616