ASPOCOMP OY STARTS PERSONNEL NEGOTIATIONS REGARDING THE POSSIBLE CLOSING OF ITS PADASJOKI PRINTED WIRING BOARD FACTORY

ASPOCOMP GROUP Oyj STOCK EXCHANGE RELEASE April 9, 2003 at 12:40 p.m.

ASPOCOMP OY STARTS PERSONNEL NEGOTIATIONS REGARDING THE POSSIBLE

CLOSING OF ITS PADASJOKI PRINTED WIRING BOARD FACTORY
Aspocomp Group investigates the possibility to close down the

Aspocomp Oy PWB factory in Padasjoki, Finland, based on both

productional and economical reasons.

The proposal relating to the personnel negotiations of the Padasjoki

factory was given today at 12:00. The negotiations regarding the

possible personnel reductions and reorganization concern all the

personnel groups, total of about 80 persons, at the factory.
Among the reasons for the possible closing of the Padasjoki factory

are the overcapacity in the PWB industry and the unprofitability of

the factory.
The Padasjoki factory’s share of the Group net sales in 2002 was

about 5 % and its share of the Group personnel about 3 %.
For more information, please contact CEO Jarmo Niemi

at +358 9 759 70711.
ASPOCOMP GROUP Oyj
Jarmo Niemi

President and CEO
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