ASPOCOMP’S INTERIM REPORT JANUARY 1 – JUNE 30, 2006


ASPOCOMP GROUP PLC STOCK EXCHANGE RELEASE August 9, 2006 at 8:00 AM

ASPOCOMP’S INTERIM REPORT JANUARY 1 – JUNE 30, 2006

– Net sales: EUR 80.2 million (EUR 75.4 million in 1-6/2005). Net sales of
the Printed Circuit Board (PCB) division grew by 12 percent to EUR 73.1
million (65.6). Net sales of the Asian plants grew by 39 percent.

– Operating profit: EUR -8.9 million (-6.7). The decline was mostly due to the
ongoing conversion project at the Salo PCB plant. Operating profit of the Asian
plants grew by 173 percent.

– Earnings per share: EUR -0.57 (-0.39).

– Cash flow from operations: EUR -2.3 million (9.8).

– Investments: EUR 10.4 million (8.9).

– Per-share cash flow after investments: EUR -0.64 (-0.30).

– The Modules division was divested on August 9, 2006.

The figures in the report do not include the Mechanics division divested in
September 2005.

HIGHLIGHTS, APRIL-JUNE

Net sales and operating profit, EUR million

4-6/2006 change, % 4-6/2005
Group
Net sales 39.5 11.6 35.4
Operating profit -5.3 -8.2 -4.9

Printed Circuit Boards
Net sales 36.0 14.3 31.5
Operating profit -3.9 -11.4 -3.5
Modules
Net sales 3.5 -16.7 4.2
Operating profit -0.1 2.5

Net sales grew on the reference quarter mainly as a result of the excellent
performance of the Suzhou, China PCB plant and the clear improvement in the
figures of the Sriracha, Thailand and Oulu, Finland PCB plants. However, net
sales of the Salo, Finland PCB plant continued to decline due to the plant’s
ongoing conversion project. The Oulu modules plant posted somewhat weaker net
sales due to the gradual end of the life cycle of the telecom network products
manufactured at the plant.

Operating profit before depreciation was EUR -1.0 million (EUR -0.1) and
operating profit totaled EUR -5.3 million (-4.9). Although the operating profit
of the Asian plants improved markedly, the heavy losses of the Salo plant kept
the Group’s profitability on a par with the reference quarter.

The Printed Circuit Boards division’s net sales and profitability in the April-
June period were up on the previous quarter. The net sales of the Modules
division declined on the reference quarter, which was also reflected in
operating profit.

The Group’s net financial expenses were EUR 0.3 million (0.3) and the profit for
the period was EUR -5.6 million (-5.3). Earnings per share were EUR -0.34 (-
0.28).

OUTLOOK FOR THE FUTURE

The full-year net sales and profit of the Aspocomp Group are forecast to
improve compared with the previous year. Profitability is expected to reach
break-even before the end of the year.

MAIJA-LIISA FRIMAN, PRESIDENT AND CEO:

“Performance in the first half of the year was unacceptable due to the
ongoing conversion project at the Salo, Finland PCB plant. The plant’s
product margins shrank as a result of the delayed introduction of HDI PCBs
manufactured with new technologies and the weaker yield in their ramp-up
phase. Since part of the Salo plant’s existing machinery is still not
optimized for manufacturing the new products, the Group ordered two
plating lines and other equipment in the second quarter of the year.
Installation work started after the report period and will continue
throughout the current quarter.

These changes are vital to meet the market need for HDI PCBs with increasingly
complex technical requirements and functions. This market continued to grow
throughout the first half of the year. Market researchers forecast that in 2006,
technologically complex HDI PCBs will account for about 12 percent of the PCB
market totaling around USD 42 billion (about EUR 34 billion) globally.

The Asian market is forecast to grow by about 10 percent, whereas the
market in the rest of the world is expected to decline somewhat. The
Group’s Chinese and Thai plants were well placed to take advantage of the
trend; their total net sales grew by almost 40 percent and operating
profit soared by over 170 percent. The profitability of the Thai plant
improved gradually and the Chinese plant in particular thrived as its
capacity expansion was fully harnessed.

The project to build a new HDI PCB plant in India proceeded according to
plan. A local company was established and the required authority approvals
are currently pending.

Due to the divestment of the Modules division on August 9, 2006, the
Aspocomp Group is now a dedicated PCB company. This enables us to focus
all our resources on the development of the PCB business. I firmly believe
that once the Salo plant has turned around, we will be able to speed up
growth and generate genuine shareholder value.”

PRINTED CIRCUIT BOARD MARKET

In the global telecom network and automotive segments, demand for HDI PCBs
remained at a healthy level during the first half of the year. Solid growth in
the handheld devices segment continued and Aspocomp’s customers in the segment
reported sustained strong profits. Although average device prices fell somewhat
in the second quarter compared to the January-March period, the global volumes
of products using high-end PCBs continued to grow. Consequently, global HDI PCB
demand during the review period exceeded supply; together with gradually growing
material prices, this ushered in pressure to raise HDI PCB prices.

According to market estimates, overall global PCB production in the April-June
period grew by about 3 percent on the previous quarter. In Asia, production grew
by clearly over 4 percent according to industry evaluations. Furthermore, HDI
PCB production increased even faster and in China, in particular, it was
estimated to have grown by over 10 percent since the end of the first quarter.

CONSOLIDATED NET SALES AND OPERATING PROFIT, JANUARY-JUNE

Net sales and operating profit, EUR million

1-6/2006 change, % 1-6/2005
Group
Net sales 80.2 6.3 75.4
Operating profit -8.9 -32.8 -6.7

Printed Circuit Boards
Net sales 73.1 11.7 65.6
Operating profit -6.3 -31.3 -4.8
Modules
Net sales 7.2 -33.0 10.8
Operating profit -0.2 1.3

The Aspocomp Group’s net sales for the January-June period were EUR 80.2 million
(75.4), growing on the reference period in line with expectations. The total net
sales of the Finnish plants did not reach the level of the reference period,
mainly due to the Salo PCB plant’s conversion project. However, the decline was
clearly offset by strong growth at the Asian plants, particularly in China,
where sales of the higher-margin HDI PCBs were brisk.

The Group’s net sales by market area were as follows:
– Europe, 57 percent (69%)
– Asia, 29 percent (23%)
– the Americas, 14 percent (8%)

The Group’s net sales per plant were as follows:
– the Finnish plants, 44 percent (61%)
– the Asian plants, 56 percent (39%)

The share of the Asian plants increased compared with the reference period, in
line with the Group’s strategy.

The Group’s net sales per product area were as follows:
– handheld devices and telecom networks, 67 percent (71%)
– automotive, industrial and consumer electronics, 33 percent (29%)

The five largest customers – Ericsson, Nokia, Philips, Sanmina-SCI and Siemens –
accounted for 49 percent of net sales (52%) during the January-June period.

Operating profit before depreciation was EUR 0.1 million (3.2), or 0.1 percent
(4.2%) of net sales. Operating profit was EUR -8.9 million (-6.7). Although the
profit of the Asian plants improved markedly, the heavy losses of the Salo plant
cut into the Group’s profitability during the review period.

The Group’s net financial expenses were EUR 0.5 million (0.6). The profit for
the period was EUR -9.4 million (-6.9) and earnings per share were EUR -0.57 (-
0.39).

Cash flow from operations amounted to EUR -2.3 million (3.0) and investments to
EUR 10.4 million (8.9). Per-share cash flow after investments was EUR -0.64 (-
0.30).

THE GROUP’S DIVISIONS, JANUARY-JUNE

Printed Circuit Boards

The net sales of the PCB division in the January-June period grew by 11.7
percent to EUR 73.1 million (65.6). Development at the Chinese plant in
particular continued favorably. The project to increase HDI production capacity
in China by approximately 50 percent compared with last year’s average was
completed, and the capacity was fully booked. The net sales of the Thai plant
showed a clear improvement. In contrast, introduction of the PCBs manufactured
with new technologies at the Salo plant posed greater challenges than expected.
This cut into the yield and the share of total production accounted for by new
technology products. As a result, the plant’s net sales for the report period
did not measure up to the figures of the reference period.

Although the net sales posted by the Oulu plant were clearly higher than in the
corresponding period last year, the total comparable net sales of the Salo and
Oulu plants in Finland declined by 13 percent (down 23%) due to the Salo
conversion project. The net sales of the Asian plants in China and Thailand were
up 38 percent (down 5%), mainly due to the HDI capacity expansion in China.

The division’s net sales by market area were as follows:
– Europe, 54 percent (65%)
– Asia, 31 percent (25%)
– the Americas, 16 percent (10%)

The division’s net sales per plant were as follows:
– the Finnish plants, 39 percent (50%)
– the Asian plants, 61 percent (50%)

During the review period, the share of Aspocomp’s overall PCB production
accounted for by HDI PCBs totaled 53 percent.

The division’s operating profit for the January-June period was EUR -6.3 million
(-4.8). Profitability was hit predominantly by the poor yield of the new
products at the Salo plant. Operating profit at the Group’s other plants
improved on the reference period and was in the black. Profitability of the Thai
plant picked up and in China in particular it continued to soar towards the end
of the period.

Modules

Net sales of the Modules division contracted as expected on the reference
period, by -33.0 percent, and amounted to EUR 7.2 million (10.8). The operating
profit of the division declined to EUR -0.2 million (1.3).

The lower net sales and operating profit were primarily attributable to
the gradual end of the life cycle of the telecom network products
manufactured at the Oulu modules plant. Deliveries to other industries
grew clearly on the reference period.

FINANCING, INVESTMENTS AND EQUITY RATIO

The Aspocomp Group’s liquidity during the first half of the year was good. The
Group’s liquid assets at the end of the period amounted to EUR 17.3 million
(15.0). Interest-bearing net debt rose to EUR 38.8 million (23.5). The figure
contains EUR 21.6 million (20.9) in financial lease liabilities. Gearing was
41.4 percent (20.1%) and non-interest-bearing liabilities amounted to EUR 37.9
million (28.2).

Investments amounted to EUR 10.4 million (8.9), representing 13.0 percent
(10.8%) of net sales. They were primarily earmarked for the expansion of the HDI
line at the Chinese plant and technological investments at the Salo plant.
Capital expenditures in Asia were EUR 4.5 million (1.7) and EUR 5.9 million
(7.2) in Europe. Net financial expenses were 0.7 percent of net sales (0.9%).

The Group’s equity ratio at the end of June stood at 49.9 percent (63.0%).

RESEARCH AND DEVELOPMENT

The Group’s research and development expenditure amounted to EUR 2.2 million
(2.5), or 2.8 percent (3.3%) of net sales.

During the review period, the key focus of technology development was on HDI
semi-flex PCBs. The first stage of the development project, including material
and reliability tests for one layer HDI semi-flex PCBs, was completed. The
product was transferred into the industrialization phase.

The embedded passive components development project was completed and fully
documented. The related industrialization project can be commenced on request.

An investment plan was initiated for volume production of Any Layer Microvia
type PCBs, including a solution to the challenges posed by the design
requirements of 0.4 mm fine pitch components. Testing of new materials commenced
during the review period in order to meet the high frequency requirement of
these designs.

Optoelectronics and printable electronics were in the research stage.

SHARES AND SHARE CAPITAL

The total number of Aspocomp’s shares at June 30, 2006, was 20,082,052. The
nominal value of the share was EUR 1.00 and the share capital stood at EUR
20,082,052. Of the total shares outstanding, the company held 200,000 treasury
shares with a book counter value of EUR 200,000, representing 1.0 percent of the
aggregate votes conferred by all the shares. The number of shares adjusted for
the treasury shares was 19,882,052.

A total of 3,820,424 Aspocomp Group Plc shares were traded on the Helsinki Stock
Exchange during the period from January 1 to June 30, 2006. The aggregate value
of the shares exchanged was EUR 13,312,796. The shares traded at a low of EUR
2.99 (May 22, 2006) and a high of EUR 4.06 (January 9, 2006). The average share
price was EUR 3.49. The closing price at June 30, 2006, was EUR 3.21 and the
company had a market capitalization of EUR 63.8 million, adjusted for the number
of treasury shares. At the end of the period, nominee-registered shares
accounted for 7.41 percent of the total shares and 1.17 percent were directly
held by non-Finnish owners.

On March 13, 2006, the Board of Directors of Aspocomp Group Plc decided on a
share-based incentive plan, which consequently came into force due to the
decision of the Annual General Meeting on April 10 to issue stock options. The
plan is directed at around 12 members of the senior management. The potential
reward from the plan will be paid in 2007 partly as shares in the company and
partly in cash. The reward includes a prohibition to transfer the shares within
two years from the end of the payment period. The potential reward from the plan
will be based on the earnings per share (EPS) of the Group. In addition, the CEO
and the Executive Committee of the company must own the shares in a certain
proportion to their annual gross salary as long as they remain in the employ or
service of the Group.

The Annual General Meeting of April 10, 2006, authorized the Board of Directors
to decide on increasing the share capital through one or several new
subscriptions and/or one or several convertible loans and/or issuing option
rights. The share capital may be increased by a maximum of EUR 4,016,410.

The Board was authorized to decide on the conveyance of a maximum of 200,000 of
the company’s own shares. The shares may be used to finance and facilitate
corporate acquisitions or other arrangements, or for key personnel incentives,
or they may be sold in public trading.

The meeting decided to issue stock options to the key personnel of the Aspocomp
Group as well as to a wholly owned subsidiary of Aspocomp Group Plc as part of
an incentive and commitment program. The maximum total number of stock options
issued will be 930,000. The share subscription period for the stock options
2006A, 2006B and 2006C will commence only if certain criteria, decided by the
Board of Directors, have been fulfilled. The share subscription periods will be
May 1, 2008 – May 31, 2010, May 1, 2009 – May 31, 2011, and May 1, 2010 – May
31, 2012, respectively.

On May 5, 2006, the Board of Directors decided to use 40 percent of the
remuneration paid by Aspocomp Group Plc to acquire the company’s shares from the
market, conforming to insider regulations and other relevant legislation. The
shares will not be conveyed before the Annual General Meeting of 2007.

PERSONNEL

During the review period, the Aspocomp Group had an average of 3,498 employees
(3,391). The personnel count on June 30, 2006 was 3,562 (3,457). Of them, 2,564
were non-salaried and 998 salaried employees.

Personnel by region and division, average
January-June

2006 change, % 2005
Europe 871 -7.6 943
Asia 2,627 7.3 2,448
Total 3,498 3.2 3,391

2006 change, % 2005
PCBs 3,304 3.2 3,202
Modules 170 -0.6 171
Group Administration 24 33.3 18
Total 3,498 3.2 3,391

The Group continued to implement the HR development process, adopted during the
first quarter, to achieve consistency in operating methods and documentation in
different countries. As part of an equality plan in Finland, a study assessing
gender compensation differentials was published in the first quarter and
guidelines were issued to promote equality. The study showed no significant
differences in remuneration between the genders.

On March 1, 2006, Balachandran a/l Lakshmanan was appointed as Project Manager
and Petri Kangas as Chief Financial Officer of the India HDI PCB plant project.

On April 10, 2006, Tapio Engström (42), M.Sc.(Econ), was appointed Chief
Financial Officer and Deputy to the CEO, effective July 1, 2006. Mr. Engström
was previously Director, Finance, at Vaisala Corporation. Aspocomp’s previous
Chief Financial Officer, Pertti Vuorinen (56), was appointed Chief Financial
Officer for Aspocomp’s Asia-Pacific operations and a member of the Extended
Management Team of the Aspocomp Group, effective July 1, 2006. He is based in
Suzhou, China, where Aspocomp’s subsidiary ACP Electronics is located. In
financial matters, Mr. Vuorinen reports to Tapio Engström, and in expansion
projects to CEO Maija-Liisa Friman.

BOARD AND AUDITORS

The Annual General Meeting of Aspocomp Group Plc on April 10, 2006, decided that
the number of the Board members is six. Aimo Eloholma, Roberto Lencioni, Tuomo
Lähdesmäki, Gustav Nyberg and Anssi Soila were re-elected as Board members and
Yoshiki Sasaki, a Japanese citizen, was elected as a new member. At its
organization meeting the Board re-elected Tuomo Lähdesmäki as Chairman, and
Yoshiki Sasaki was appointed as Vice Chairman. The Board elected Aimo Eloholma,
Roberto Lencioni and Tuomo Lähdesmäki as members of the Compensation and
Nomination Committees. Gustav Nyberg, Anssi Soila and Yoshiki Sasaki were
elected as members of the Audit Committee.

The meeting decided that the annual and per-meeting remunerations to the members
of the Board of Directors remain the same as in 2005. In addition to the annual
remuneration, the member of the Board residing abroad will receive EUR 1,500 per
meeting and be reimbursed for reasonable travel and accommodation expenses.

The Annual General Meeting re-appointed the authorized public accounting firm
PricewaterhouseCoopers Oy as auditor for 2006.

EXPANSION IN ASIA

On January 3, 2006, Aspocomp Group Plc announced that its subsidiary P.C.B.
Center (Thailand) Co., Ltd was renamed Aspocomp (Thailand) Co., Ltd. The Group’s
total holding in the Thai subsidiary amounts to about 83 percent.

In order to meet the future needs of its customers, Aspocomp made a decision in
principle on January 17, 2006 to expand its HDI business by building a printed
circuit board plant in Chennai, India. It will be the first high-tech HDI PCB
plant in India. The total investment is expected to amount to about EUR 75
million, of which about EUR 60 million is earmarked for building and machinery
and EUR 15 million for working capital and start-up costs. The project will be
financed with long-term loans raised by the parent company and the Indian
subsidiary. The unit is scheduled to go on stream in the second half of 2007.
The name Aspocomp Electronics India Pvt. Ltd. was registered in April.

On May 5, 2006, the Board of Directors confirmed the investment for the India
HDI PCB plant. The project proceeded according to plan.

On June 4, 2006, the Group established a trading company in Shanghai, China.

ASPOCOMP S.A.S.

In the cases against Aspocomp by the former employees of Aspocomp S.A.S.,
Aspocomp Group Plc has requested the French Supreme Court to re-register its
appeal for further proceedings without executing the decision of the First
Appellate Court. The request is based on new case law that may allow such re-
registration. The Supreme Court is expected to issue its ruling regarding
Aspocomp’s appeal in September 2006. Simultaneously, Aspocomp is negotiating
with the former employees to get their consent on the re-registration by placing
a security to cover the company’s potential payment obligations under the First
Appellate Court decisions.

As described in Aspocomp’s stock exchange release of December 2, 2005, the
French Supreme Court withdrew Aspocomp’s appeal from its list of pending cases.
The decision was based on the fact that Aspocomp has not paid the compensation
of approximately EUR 11 million to the former employees as ruled by the First
Appellate Court on March 22, 2005.

EVENTS AFTER THE REPORT PERIOD

On August 9, 2006, Aspocomp Oy and Aspocomp Technology Oy, subsidiaries of
Aspocomp Group Plc, agreed to sell the Group’s Modules division and modules-
related research and development to Finland-based Selmic Oy. The transaction
includes business operations as well as the current and fixed assets of the Oulu
modules plant and modules research and development. The 150 personnel will
transfer to Selmic under their existing employment terms. The parties have
agreed that the transaction price will not be made public.

OUTLOOK FOR THE FUTURE

Aspocomp is entering a significant growth phase that will first be reflected in
the strong growth of net sales. Due to investments required for the expansion
and start-up phase of the Indian plant, the strong positive effect of the growth
on the company’s profit will become markedly visible starting 2008.

Aspocomp’s main priority in 2006 is to focus the company’s resources on
developing its market position and competitiveness, serving the main customers
and increasing cost-effectiveness. The decision to build a HDI plant in India
supports growth, and the company continuously investigates various options for
growth in Asia. The company anticipates that during the present year the
building of the India plant will proceed as planned, the benefits of the boosted
capacity of the Chinese plant will be increasingly reflected in the profit, and
volume production will expand at the Asian plants. The benefits of the Salo
conversion project will increase in stages during the present year.

The full-year net sales and profit of the Aspocomp Group are forecast to
improve compared with the previous year. Profitability is expected to reach
break-even before the end of the year.

ACCOUNTING POLICIES

This interim report has been prepared in accordance with the IFRS (International
Financial Reporting Standards) recognition and valuation principles. The
Aspocomp Group adopted IFRS reporting on January 1, 2005, and the current
accounting policies are consistent with the financial statements for 2005.

INCOME STATEMENT,
APRIL-JUNE 4-6/06 4-6/05
MEUR % MEUR %

NET SALES 39,5 100,0 35,5 100,0

Other operating income 0,6 1,5 0,3 0,9

Materials and services -21,0 -53,1 -15,6 -43,9

Personnel expenses -10,3 -26,0 -9,8 -27,6

Other operating expenses -9,5 -24,1 -9,1 -12,7

Depreciation and amortization -4,3 -10,9 -4,8 -13,6

OPERATING PROFIT -5,3 -13,4 -4,9 -13,8

Financial income and expenses -0,3 -0,7 -0,3 -0,8

PROFIT ON CONTINUING
OPERATIONS BEFORE TAX -5,6 -14,1 -5,2 -14,7

Taxes 0,0 0,0 0,0 0,0

PROFIT ON CONTINUING
OPERATIONS -5,6 -14,2 -5,2 -14,7

Profit on discontinuing
operations 0,0 0,0 -0,1 -0,2

PROFIT FOR THE PERIOD -5,6 -14,2 -5,3 -14,9

Profit attributable to
minority interests 1,1 2,9 0,3 0,8
equity shareholders -6,7 -17,1 -5,6 -15,7

INCOME STATEMENT,
JANUARY-JUNE 1-6/06 1-6/05 1-12/05
MEUR % MEUR % MEUR %

NET SALES 80,2 100,0 75,4 100,0 154,0 100,0

Other operating income 1,0 1,5 0,5 0,6 1,3 0,8

Materials and services -42,3 -52,8 -33,7 -44,8 -72,7 -47,2

Personnel expenses -20,5 -25,6 -19,8 -26,3 -39,8 -25,8

Other operating expenses -19,4 -24,2 -17,4 -23,1 -37,7 -24,5

Depreciation and amortization -8,9 -11,1 -9,9 -13,2 -19,0 -12,4

OPERATING PROFIT -8,9 -11,1 -6,7 -8,9 -16,7 -10,9

Financial income and expenses -0,5 -0,7 -0,6 -0,8 -0,9 -0,6

PROFIT ON CONTINUING
OPERATIONS BEFORE TAX -9,4 -11,7 -7,3 -9,7 -17,6 -11,4

Taxes 0,0 0,0 0,4 0,6 -5,6 -3,6

PROFIT ON CONTINUING
OPERATIONS -9,4 -11,7 -6,9 -9,1 -23,2 -15,1

Profit on discontinuing
operations 0,0 0,0 -0,1 -0,1 -0,2 -0,1

PROFIT FOR THE PERIOD -9,4 -11,7 -6,9 -9,2 -23,4 -15,2

Profit attributable to
minority interests 1,9 2,4 0,8 1,1 1,9 1,2
equity shareholders -11,4 -14,2 -7,7 -10,2 -25,3 -16,4

CONSOLIDATED BALANCE SHEET
6/06 6/05 Change 12/05
ASSETS MEUR MEUR % MEUR

NON-CURRENT ASSETS
Intangible assets 4,9 5,7 -13,5 4,7
Tangible assets 94,2 87,0 8,2 95,2
Investments in
associated companies 0,0 0,0 0,0 0,2
Investment property 2,6 2,8 -6,7 2,9
Available for sale investments 0,8 0,3 176,7 0,3
Deferred income tax assets 0,3 4,1 -93,5 0,2
Other long-term receivables 7,9 9,9 -19,5 7,5
TOTAL NON-CURRENT ASSETS 110,7 109,8 0,8 111,1

CURRENT ASSETS
Inventories 21,9 21,2 3,0 18,5
Short-term receivables 37,8 39,3 -3,7 38,6
Available for sale investments 0,0 8,0 -100,0 0,0
Cash and bank deposits 17,3 7,0 147,0 16,1
Assets held for sale 0,0 0,0 0,0 1,3
TOTAL CURRENT ASSETS 77,0 75,5 1,9 74,5

TOTAL ASSETS 187,7 185,4 1,3 185,6

SHAREHOLDERS’ EQUITY AND LIABILITIES

Share capital 20,1 20,1 0,0 20,1
Share premium fund 27,9 73,9 -62,2 27,9
Treasury shares -0,8 -0,8 0,0 -0,8
Special reserve fund 46,0 0,0 46,0
Revaluation and other funds 0,1 0,0 0,1
Retained earnings -30,3 -0,8 -17,0
Equity attributable
to shareholders 63,0 92,4 -31,8 76,3
Minority interest 30,7 24,5 25,7 30,9
TOTAL EQUITY 93,7 116,9 -19,8 107,2

Long-term borrowings 19,1 18,8 1,7 18,0
Provisions 1,5 1,8 -16,4 1,4
Short-term borrowings 37,0 19,7 88,0 23,3
Trade and other payables 36,4 28,2 28,9 35,7
Liabilities held for sale 0,0 0,0 0,0 0,0
TOTAL LIABILITIES 93,7 73,8 37,2 78,4

TOTAL SHAREHOLDERS’
EQUITY AND LIABILITIES 187,7 199,9 1,3 185,6

CONSOLIDATED CHANGES IN EQUITY, JANUARY-JUNE

Share Share Spec- Re- Trea- Trans- Ret- Minor- Total
cap- premium ial valu- sury lation ained ity equity
ital fund re- ation shar- differ- earn- inter-
serve and es ences ings est
fund other
funds

Balance at
31.12.2005 20,1 27,9 46,0 0,1 -0,8 -2,2 -14,8 30,9 107,2

Trans- -2,4 0,0 -2,1 -4,5
lation
differ-
ences

Net profit -11,4 1,9 -9,4

Other 0,4 0,0 0,4
items

Balance at
30.6.2006 20,1 27,9 46,0 0,1 -0,8 -4,6 -25,8 30,8 93,7

CONSOLIDATED CHANGES IN EQUITY, APRIL-JUNE

Share Share Spec- Re- Trea- Trans- Ret- Minor- Total
cap- premium ial valu- sury lation ained ity equity
ital fund re- ation shar- differ- earn- inter-
serve and es ences ings est
fund other
funds

Balance at
31.3.2006 20,1 27,9 46,0 0,1 -0,8 -3,0 -19,0 31,0 102,3

Trans- -1,6 0,0 -1,4 -3,0
lation
differ-
ences

Net profit -6,7 1,1 -5,6

Other 0,0 0,0 0,0
items

Balance at
30.6.2006 20,1 27,9 46,0 0,1 -0,8 -4,6 -25,8 30,8 93,7

CONSOLIDATED CASH FLOW STATEMENT, 4-6/06 4-6/05
APRIL-JUNE MEUR MEUR

Cash flow from operations -4,0 0,9
Cash flow from investments -4,7 -7,1
Cash flow before financial items -8,7 -6,1
Change in long-term and short-term financing 9,5 -4,0
Dividends paid 0,0 -6,0
Minority interest in
the subsidiary share issue
Cash flow from financing 9,5 -10,1
Change in cash and cash equivalents 0,1 -16,2
Cash and cash equivalents at the end of period 17,3 15,0

CONSOLIDATED CASH FLOW STATEMENT, 1-6/06 1-6/05 1-12/05
JANUARY-JUNE MEUR MEUR MEUR

Cash flow from operations -2,3 3,0 12,7
Cash flow from investments -10,4 -8,9 -24,7
Cash flow before financial items -12,7 -5,9 -12,0
Change in long-term and short-term financing 14,8 -5,5 -4,8
Dividends paid -6,0 -6,0
Minority interest in the subsidiary share issue 4,0
Cash flow from financing 14,8 -11,6 -6,7
Change in cash and cash equivalents 1,2 -17,4 -17,1
Cash and cash equivalents at the end of period 17,3 15,0 16,1

BUSINESS DIVISIONS 4-6/06 4-6/05 1-6/06 1-6/05 1-12/05
MEUR MEUR MEUR MEUR MEUR

Net sales

Printed Circuit Boards 36,0 31,5 73,1 65,5 137,1
Modules 3,5 4,2 7,2 10,8 18,6
Intra-Group sales -0,1 -0,2 -0,3 -1,1 -1,7
Total 39,5 35,5 80,2 75,4 154,0

Operating profit

Printed Circuit Boards -3,9 -3,3 -6,3 -4,8 -11,7
Modules -0,1 0,0 -0,2 1,3 1,2
Group administration -1,3 -1,8 -2,4 -3,3 -6,2
Total -5,3 -5,0 -8,9 -6,8 -16,7

KEY FINANCIAL INDICATORS 6/06 6/05 12/05

Return on investment (ROI),% -11,9 -7,7 -9,9
Return on equity (ROE),% -18,7 -11,5 -19,9
Equity per share, EUR 3,17 4,65 3,84
Equity ratio, % 49,9 63,0 57,8
Gearing, % 41,4 20,1 23,5
Gross investments, MEUR 10,4 8,9 25,9
Average number of personnel 3 498 3 439 3 391

CONTINGENT LIABILITIES 6/06 12/05
MEUR MEUR

Mortgages given for
security for liabilities 9,0 23,7
Operating lease liabilities 0,1 0,1
Other liabilities 2,2 2,2
Total 11,3 26,0

All figures are unaudited.

Helsinki, August 9, 2006

ASPOCOMP GROUP PLC

Board of Directors

Maija-Liisa Friman
President and CEO

For further information, please
contact CEO Maija-Liisa Friman,
tel. +358 9 7597 0711.

Distribution:
Helsinki Stock Exchange
Major media
www.aspocomp.com

Some statements in this stock
exchange release are forecasts and
actual results may differ materially
from those stated. Statements in this
stock exchange release relating to
matters that are not historical facts
are forecasts. All forecasts involve
known and unknown risks,
uncertainties and other factors,
which may cause the actual results,
performances or achievements of the
Aspocomp Group to be materially
different from any future results,
performances or achievements
expressed or implied by such
forecasts. Such factors include
general economic and business
conditions, fluctuations in currency
exchange rates, increases and changes
in PCB industry capacity and
competition, and the ability of the
company to implement its investment
programme and to continue to expand
its business outside the European
market.