ASPOCOMP AND PERLOS’ JOINT VENTURE ASPERATION TO DEMERGE


ASPOCOMP GROUP OYJ STOCK EXCHANGE RELEASE Apr 27, 2005 at 8:00 AM 1(2)

ASPOCOMP AND PERLOS’ JOINT VENTURE ASPERATION TO DEMERGE

Aspocomp Group Oyj and Perlos Corporation have agreed on the division of their
joint R&D company Asperation Ltd. Asperation was established in spring 2002 to
engage in R&D on the integration of components used in the products of the
mobile phone and electronics industries.

Asperation’s aim has been to generate innovations that can be utilized by the
parent companies in their own operations. Its original objectives have now been
achieved. In the future, the two parent companies can most effectively harness
Asperation’s innovations on their own. Dozens of innovations have been
developed.

“Each of the parent companies brought technological expertise to Asperation and
bolstered its mission-critical network in the early stages of its research
operations. In line with the original plan, the development projects have now
matured to a stage in which the planning of their industrialization and
commercialization will be started up within the parent companies themselves,
supported by their own R&D resources. The current parent companies will continue
to engage in project-based cooperation,” says Aspocomp’s President and CEO
Maija-Liisa Friman.

In connection with the business division process, Asperation’s fixed assets,
agreements, and employees will be divided equally amongst Perlos and Aspocomp
such that both companies will gain the innovations that are of key importance to
their operations. It is estimated that the technical implementation of the
division will take about 4-6 months.

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 hold a
strong and recognised position as a supplier of mobile data terminal equipment
components and we aim to further strengthen 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, to which our balanced production structure in
Europe and Asia is well adapted.

We strive to offer solutions to our customers that enable increased flexibility
in their own product development. Our belief is that this advantage will bear

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increasing significance for our customers as end product lifecycles continue to
shorten.

The Aspocomp Group’s production facilities are located close to its customers in
Finland, China and Thailand. In 2004 Group turnover stood at around 200 million
euros with a staff of some 3,500.

Distribution:

The Helsinki Stock Exchange
Major Media
www.aspocomp.com