CODETERMINATION NEGOTIATIONS AT ASPOCOMP’S SALO UNIT ARE CONCLUDED

ASPOCOMP GROUP OYJ   STOCK EXCHANGE RELEASE   December 14, 2005 at 3:45 PM

CODETERMINATION NEGOTIATIONS AT ASPOCOMP’S SALO UNIT ARE CONCLUDED
The codetermination negotiations started by Aspocomp at its Salo unit in August

have been concluded. The negotiations arrived at a solution to step up the

efficiency of the unit’s operations in line with the set objectives.
At the beginning of the negotiations, the estimated personnel reduction

requirement was a maximum of 120 employees. The negotiation process ended with a

total of 30 redundancies, far less than estimated. 22 of those dismissed are

non-salaried employees and 8 are salaried and senior salaried employees. In the

case of the salaried and senior salaried employees, the negotiations were

concluded earlier and the redundancies have been carried out. Following the

personnel cuts, the permanent employee count of the Salo organization is 412

non-salaried employees and 60 salaried employees.
The codetermination negotiations were part of the transformation program at the

Salo PCB plant, which comprises not only efficiency-boosting but also

investments in production. The program is geared towards turning the Salo unit

into a flexible production unit that manufactures technically demanding products

profitably.
For further information, please contact CEO Maija-Liisa Friman,

tel. +358 9 7597 0711.
ASPOCOMP GROUP OYJ
Maija-Liisa Friman

President and CEO
Aspocomp: Innovative interconnection solutions for the electronics industry
The Aspocomp Group offers and develops innovative interconnection solutions for

the electronics industry in close cooperation with its customers. We are

strongly positioned as a supplier of mobile data terminal equipment components

and aim to further bolster our position as a supplier to the automotive

industry and data communications networks. We offer our global customers a fast

road to mass production through flexible and cost-effective adaptation of new

technologies.
The Aspocomp Group’s production facilities are located close to its customers in

Finland, China, and Thailand. In 2004, the Group’s net sales stood at around EUR

185 million and it had some 3,500 employees.
Distribution:

Helsinki Stock Exchange

Major Media

www.aspocomp.com