ASPOCOMP HAS SOLD THE TEUVA PRINTED WIRING BOARD FACTORY

ASPOCOMP GROUP OYJ STOCK EXCHANGE RELEASE Sept 3, 2003 11:40 AM 1(2)

ASPOCOMP HAS SOLD THE TEUVA PRINTED WIRING BOARD FACTORY
Aspocomp Group’s subsidiary Aspocomp Oy has sold the fixed assets and

inventories related to the printed wiring board business of its Teuva

factory to Cibo-Print Oy. The whole personnel will be employed by

Cibo-Print. The closing date is in the beginning of September.

Aspocomp Oy will become a shareholder of the company with a 19.1 %

share. The managing director of Cibo-Print Oy is Mr. Sakari Varala.
The divestiture of the printed wiring board business of the Teuva

factory is part of the balancing process of the Aspocomp Group’s PWB

production capacity between the European and Asian factories. The

production of the factories in China and Thailand is expected to grow

remarkably during this year: the share of the Asian units of the PWB

segment’s net sales is estimated to be close to 45 % in the end of

this year. In the end of the year 2002 their share was about 35 %.
The share of the Teuva PWB factory of the Aspocomp Group’s net sales

in 2002 was about 6 % and the amount of personnel on June 30, 2003

about 100.
The sale of the Teuva printed wiring board business does not affect

the estimate of the Aspocomp Group for this year. Both the net sales

and the EBIT during the latter half of the year 2003 are expected to

be higher than during the first half without the non-recurring costs.

Cash flow from operations is expected to be clearly positive.
ASPOCOMP GROUP OYJ
Pertti Vuorinen

Acting CEO
For more information, please contact acting CEO, Mr. Pertti Vuorinen

at +358 9 7597 0714
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www.aspocomp.com
ASPOCOMP IN BRIEF
Aspocomp Group serves the electronics industry by supplying high-tech

electronic components and services like PWBs (printed wiring boards),
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PWB-related design as well as mechanics and modules. Aspocomp’s

products are used in mobile handsets, telecommunications

infrastructure, automotive and other industrial applications.
Aspocomp Group’s production sites are located near the customers in

Finland, China and Thailand. The Group net sales in 2002 were about

EUR 180 million and the number of personnel was about 3000.
The Group parent company Aspocomp Group Oyj is listed on the Helsinki

Stock Exchanges since year 1999.