DECISION OF THE LABOUR COURT IN EVREUX, FRANCE ON REDUNDANCY NOTICES OF THE CLOSING OF ASPOCOMP S.A.S.

ASPOCOMP GROUP OYJ STOCK EXCHANGE RELEASE May 26, 2004 at 8:00 AM

DECISION OF THE LABOUR COURT IN EVREUX, FRANCE ON REDUNDANCY NOTICES

OF THE CLOSING OF ASPOCOMP S.A.S.
The Labour Court in Evreux, France has rendered its decision on

redundancy notices of the closing of heavily unprofitable Aspocomp

S.A.S. in 2002. According to the decision Aspocomp should pay to 388

persons issued with notice a compensation equivalent to six months

remunaration due to unfair dismissal. The total amount of the

compensation is approximately EUR 6.6 million.
According to Aspocomp’s legal advisors, the decision is not in line

with established court practice. Aspocomp has filed an appeal

against the decision. It is estimated at the moment that the final

decision will be obtained in a few years.
For further information, please contact CEO Maija-Liisa Friman,

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

President and CEO
ASPOCOMP IN BRIEF
The Aspocomp Group serves the electronics industry by supplying

high-tech electronic components and services such as PCBs (printed

circuit boards), and PCB-related designs as well as mechanics and

modules. Aspocomp’s products are used in the electronics industry,

mobile handsets, telecommunications infrastructure, automotive and

other industrial applications. The Aspocomp Group’s production

facilities are located in Finland, China and Thailand. In 2003, the

Group net sales were EUR 180 million approximately, and the Group

had some 3,300 employees. The parent company, Aspocomp Group Oyj,

has been listed on the Helsinki Exchanges since 1999.
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