ASPOCOMP GROUP OYJ OPENS THE DOOR TO CHINA

ASPOCOMP GROUP Oyj STOCK EXCHANGE BULLETIN Jan 9,2001 09.00AM

ASPOCOMP GROUP OYJ OPENS THE DOOR TO CHINA
Aspocomp Group Oyj and the Taiwanese listed company Chin-Poon

Industrial Co., Ltd. have concluded an agreement to start a Joint

Venture specializing in high tech printed circuit board

technologies. Aspocomp invested approximately EUR 22 million in

the Joint Venture in which it has a 51% holding. Aspocomp’s share

of the total EUR 67 million investment will be EUR 34 million.
The expansion into the Chinese HDI (High Density Interconnection)

market through this Joint Venture supports Aspocomp´s growth

strategy. Joint Venture owns already a 28,000 square meter

facility in Suzhou, in the Shanghai area, and has land to expand

the plant up to 90,000 square meters. This plant will utilize

Aspocomp’s technological know-how in the production of HDI-

microvia boards for the telecommunication industry. Production is

expected to start up during the third quarter of 2001 and is

expected to reach sales of EUR 100 million in the next 5 years’

time.
With this investment Aspocomp will be the first European company

producing PCBs in China.
ASPOCOMP GROUP Oyj
Jarmo Niemi

President and CEO
For more information, please contact CEO Jarmo Niemi, at +358 9

759 70711.
DISTRIBUTION:

Helsinki Exchanges

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www.aspocomp.com