ASPOCOMP GROUP OYJ’S BOARD AND AN INCENTIVE SCHEME FOR THE MANAGEMENT AND KEY PERSONS

ASPOCOMP GROUP Oyj STOCK EXCHANGE RELEASE April 4, 2003 at 5:45 pm

ASPOCOMP GROUP OYJ’S BOARD AND AN INCENTIVE SCHEME FOR THE MANAGEMENT

AND KEY PERSONS
The Aspocomp Group Oyj Board of Directors has elected from among its

Members Mr. Tuomo Lähdesmäki as the Chairman and Mr. Jorma Eloranta

as the Vice-Chairman. The other Members of the Board are Mr. Aimo

Eloholma, Mr. Roberto Lencioni, Mr. Gustav Nyberg and Mr. Karl Van

Horn. The Board elected Members for the Board Committees. The Members

of the Compensation Committee and the Nomination Committee are Mr.

Tuomo Lähdesmäki (Chairman) and Mr. Jorma Eloranta, and of the Audit

Committee Mr. Gustav Nyberg (Chairman) and Mr. Karl Van Horn.
The Annual General Meeting of Aspocomp Group Oyj decided today that

the fees for the Board Members will be paid on an annual basis. The

Board of Directors has decided that each Board Member will acquire

Aspocomp Group Oyj shares with the net fee during the time period

from May 6 to June 15, 2003. The purchases will be made within the

limits set by the Company’s insider regulations. The Board Members

have decided not to convey the shares before the Annual General

Meeting of 2004.
The Board of Directors of Aspocomp Group Oyj has approved a new share

price based incentive scheme for the management and certain key

persons. Condition for belonging to the incentive scheme is that the

members of the scheme will own Aspocomp Group Oyj shares by the end

of June 2003 in accordance with detailed instructions provided by the

Company. The potential bonus is based on the share price increase of

the Aspocomp Group Oyj share during the next two years. The potential

bonus will be paid in June 2005, provided that the person is still

employed by the Aspocomp Group. The objective of the new incentive

scheme is to increase the shareholdings of the management and certain

key persons in the Company.
For more information, please contact President and CEO Jarmo Niemi at

+358 9 7597 0711
ASPOCOMP GROUP Oyj
Jarmo Niemi

President and CEO
Distribution:

Helsinki Exchanges

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