ASPOCOMP INCREASES ITS HOLDING IN P.C.B. CENTER TO 75 PERCENT

ASPOCOMP GROUP OYJ   STOCK EXCHANGE RELEASE   June, 3 2005 at 8:00 AM  1(2)

ASPOCOMP INCREASES ITS HOLDING IN P.C.B. CENTER TO 75 PERCENT
Aspocomp Group Oyj is increasing its stake in its Thai subsidiary P.C.B. Center

Co., Ltd to 75 percent (previously 51%) by purchasing 24 percent of P.C.B.

Center’s shares from the company’s minority shareholders. The purchase price has

been agreed at EUR 3 million. The company’s second-largest owner, Saha Group

(www.sahagroup.thailand.com), will stay on as the company’s other main

shareholder.
The deal that has now been consummated is part of Aspocomp’s growth strategy.

Under this strategy, the company will bolster its position in printed circuit

boards for handheld devices and the telecom and automotive industries. In the

fall of 2004, Aspocomp unveiled its strategy of seeking to significantly outpace

market growth in the PCB and module industry in the medium term. The company’s

growth and development projects are geared towards improving its profitability

and return on equity while maintaining a sufficiently robust financial position.
“The transaction further consolidates our position in Asia and it is expected to

have a slightly positive effect on our earnings per share in the present year.

We are committed to developing the technological caliber of P.C.B. Center by

means of targeted and cost-effective investments. Both the planned technology

improvements and the streamlining of the ownership structure that has now been

carried out improve our ability to provide high-tech PCB services flexibly to

our global customers,” says Maija-Liisa Friman, President and CEO of Aspocomp.
Aspocomp’s other major development project in Asia was unveiled earlier in the

spring. Aspocomp’s Chinese subsidiary ACP Electronics will build a new

production unit at its Suzhou plant. The unit will specialize in PCBs for the

telecom and automotive industries and is slated to go on stream in the summer of

2006.
P.C.B. Center (www.pcbc.co.th) is the fourth-largest manufacturer of PCBs in

Thailand. Its plant operates in line with the QS-9000, ISO 9002, and ISO 14001

quality systems. The plant has a production capacity of 250,000 m2 and it

manufactures double-sided and multilayer PCBs for telecom, industrial

automation, and automotive electronics applications. The company’s customers

include Continental Temic, Honeywell and Nokia.
P.C.B. Center racked up net sales of EUR 25.6 million in 2004 and its net result

was in the black. Aspocomp became a shareholder in P.C.B. Center in February

2000. Aspocomp increased its holding in the company to 51 percent in March 2001.
For further information, please contact CEO Maija-Liisa Friman,

tel. +358 9 7597 0711.
ASPOCOMP GROUP OYJ
Maija-Liisa Friman

President and CEO
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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

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

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