CONVERTIBLE DEBENTURE LOAN ISSUED BY ASPOCOMP GROUP OYJ HAS BEEN SUBSCRIBED


ASPOCOMP GROUP OYJ STOCK EXCHANGE RELEASE November 22, 2006 at 2:55 PM

CONVERTIBLE DEBENTURE LOAN ISSUED BY ASPOCOMP GROUP OYJ HAS BEEN SUBSCRIBED

The Board of Directors of Aspocomp Group Oyj resolved on November 17, 2006, to
issue a convertible debenture loan as a private placement. The loan was offered
for subscription to a limited number of institutional investors. The nominal
amount of the loan was confirmed at EUR 10,300,000. The company has approved the
subscriptions. The loan entitles to a subscription of a maximum of 4,006,700 new
shares in Aspocomp Group Oyj.

The loan will be issued and redeemed at 100 percent of its capital and a fixed
annual coupon of 5.75 percent will be paid semi-annually. The loan will be issued
on December 1, 2006, and its date of maturity will be December 1, 2011. The share
conversion rate (the subscription price) is EUR 2.5707. The share subscription
period (the loan conversion period) will begin on February 1, 2007, and end on
October 31, 2011.

The issue was managed by OKO Bank Plc. No listing for the loan will be sought.
The net proceeds from the sale of the loan will be used to effect potential
acquisitions or other arrangements related to development of the company’s
operations and/or for financing investments.

For further information, please contact Tapio Engström, CFO, tel. +358 9 7597
0714.

ASPOCOMP GROUP OYJ

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 2005, the Group’s net sales stood at EUR 154
million and it had about 3,400 employees.

Distribution:
The Nordic Exchange
Major media
www.aspocomp.com