NET SALES FOR ASPOCOMP AT EUR 197.4 MILLION, EARNINGS PER SHARE AT EUR 0.30


ASPOCOMP GROUP OYJ STOCK EXCHANGE RELEASE Feb, 16 2005 at 8:00 AM 1(12)

NET SALES FOR ASPOCOMP AT EUR 197.4 MILLION, EARNINGS PER SHARE AT EUR 0.30

– In 2004, net sales increased by 8% to EUR 197.4 million (182.3). Including the
changes in dollar-euro exchange rate, net sales has increased by 12%.

– Operating profit increased to EUR 9.7 million (-5.3), representing 4.9% of net
sales (-2.9%).

– Earnings per share improved to EUR 0.30 (-0.04). Earnings per share and the
reference figure have been calculated according to the current number of shares
(19,882,052). The net effect of the non-recurring items included in the previous
year’s reference figure was EUR -0.21 per share.

– The Board of Directors will propose a dividend of EUR 0.30 per share (0.15) to
be distributed to the shareholders.

HIGHLIGHTS OF THE FOURTH QUARTER 2004 (reference figures are for Q4/2003):

– Net sales totaled EUR 44.7 million (50.5). Net sales for both the PCB segment
and the Mechanics and Modules segment fell to a lower level than that of last
year due to the lower capacity utilization.

– The operating loss/profit was EUR -0.8 million (2.0).

– Profit before taxes was EUR -0.7 million (1.8). Earnings per share totaled EUR
-0.01 (0.20). The reference figure includes a calculated change in tax of EUR
2.0 million that improved the profit. The calculated change effected EUR 0.10 to
EPS.

– Cash flow from operations totaled EUR 11.4 million (EUR 16.2 million) and
investments amounted to EUR 6.8 million (4.8). Cash flow after investments per
share totaled EUR 0.23 (0.57).

– Net sales of the PCB segment totaled EUR 34.8 million (38.5). The operating
profit of the segment was EUR -2.1 million (-0.1).

– Net sales of the Mechanics and Modules segment was EUR 9.9 million (12.0). The
operating profit of the segment was EUR 1.4 million (2.2).

PROSPECTS:

Aspocomp’s net sales are forecasted to increase but the Group’s net profit to
decrease for the whole fiscal year. The core PCB segment should increase net
sales and profitability for the whole fiscal year. Mechanics and modules profits
will be down dramatically. The share of Group’s minority interests of profits
will increase.
The net sales for Aspocomp Group are forecasted to be lower in the first quarter
than those of the corresponding quarter the previous year (net sales 1-3/2004:
EUR 47.6 million) and earnings per share are expected to be negative.

MAIJA-LIISA FRIMAN, PRESIDENT AND CEO OF ASPOCOMP:

2(12)
“The net sales and the profit for the whole year 2004 improved considerably
compared to the previous year and we achieved EUR 6 million in net profit after
taxes and minority interests.

On the annual level, the PCB segment achieved growth in net sales of 7% and the
operating result turned to a profit in the sum of EUR 2.2 million (-11.1).

The Mechanics and Modules segment achieved a 13% increase in net sales and its
operating profit rose to EUR 8.2 million (6.5).

In autumn 2004, Aspocomp released a growth strategy according to which the
company will, in the medium term, grow significantly faster than the market
in average in its core businesses in the PCB industry and the modules. In
these segments, we offer and develop innovative interconnection solutions in
close co-operation with our customers. Our strong balance sheet and the cash
flow allow profitable investments for sustainable growth while maintaining
the updated dividend policy doubling the dividend per share.

In the PCB industry, we aim to strengthen our market share and to balance our
position in PCBs supplied to the mobile devices, telecommunications and
automotive industries. With modules, we intend to use our new technologies to
cover more of the needs of the electronics manufacturing value chain. The new
technologies, based on our solid expertise, allow our customers to pack more
performance into a smaller space in their end products.

The decision to expand our Chinese subsidiary ACP Electronics is a logical
and cost-effective first step in implementing our global growth strategy in
the targeted product and customer segments. We will utilize the already
existing infrastructure of the Suzhou plant to our advantage when building a
new production unit. The production is estimated to start in summer 2006 and
reach full capacity by the end of the year.

We continue to actively monitor the progress of our Asian operational and
Finnish Research and Development joint ventures to better meet our customers’
expectations for earlier involvement in future product applications.”

GROUP NET SALES AND PROFIT, OCTOBER-DECEMBER 2004 (reference figures are for
Q4/2003)

During the fourth quarter, the net sales of the Aspocomp Group totaled EUR
44.7 million (50.5). The drop in net sales was mainly due to the temporary
weakening of the delivery volumes of the Salo plant and the reduction of the
Mechanics and Modules segment’s net sales. The manufacturing processes at the
Salo plant were upgraded and optimized to correspond to rapid pace of
technological changes required by new products. Weakened demand was
influenced by the reduction in inventory levels in several customer segments.
Profit before depreciation totaled EUR 4.9 million (EUR 8.3 million). The
operating profit was EUR -0.8 million (2.0).

Net financial income amounted to EUR 0.02 million (-0.2). Profit before taxes
amounted to EUR -0.7 million (1.8), and profit after taxes and minority
interests was EUR -0.1 million (3.9). Share issue adjusted earnings per share
totaled EUR -0.01 (0.20). Cash flow from operations totaled EUR 11.4 million
(16.2). Cash flow after investments per share totaled EUR 0.23 (0.57).

3(12)
NET SALES AND PROFIT, JANUARY-DECEMBER 2004 (comparison figures are for Q1-Q4
2003)

In January-December, Aspocomp Group’s net sales increased to EUR 197.4
million (182.3). The growth of 8% in net sales was due to strongly increased
delivery volumes in both business segments. The changing dollar-euro exchange
rate had some 4% dampening effect on the growth of net sales.

Aspocomp Group’s net sales were divided by market region as follows: Europe
68% (66%), Asia 19% (17%), and the Americas 13% (17%). The Finnish plants’
share of net sales was 66% (69%) while the Asian plants accounted for 34%
(31%). Products used in mobile phones and telecom systems accounted for
approximately 70% of Group net sales, and approximately 30% were amassed by
automotive, industrial and consumer electronics.

The Group’s five largest customers – Nokia, Sanmina-SCI, Ericsson, Philips
and Siemens – accounted for 59% of net sales (59%) during the period under
review.

The operating profit before depreciation was 17% of net sales (13.4%),
amounting to EUR 33.6 million (24.4). The operating profit was EUR 9.7
million (-5.3). The operating loss of the previous year includes the non-
recurring costs of EUR 4.3 million. The improved profitability was
specifically attributable to exceptionally high net sales and good
profitability in Mechanics and Modules segment and the considerably increased
delivery volumes in both segments and the restructuring carried out in the
Group during 2003. Profitability was also improved by better efficiency at
ACP Electronics and the increased share of high-tech PCBs in Aspocomp’s
product portfolio.

The net financing expenses amounted to EUR 1.0 million (1.3), and profit
before taxes was EUR 8.7 million (-6.6). The low level of taxes is due to
exploiting tax carry forwards and tax holiday of the Chinese subsidiary. The
profit for the period after taxes and minority interests increased to EUR 6.0
million (-0.9), and share issue adjusted earnings per share increased to EUR
0.30 (-0.04). The cash flow from operations totaled EUR 29.8 million (25.4).
Cash flow after investments per share totaled EUR 0.71 (0.71).

BUSINESS SEGMENTS

Printed Circuit Boards

The fourth-quarter net sales of the PCB segment decreased by 9% to EUR 34.8
million (38.5). This decrease was mainly due to lower demand at the end of
the year. During the fourth quarter, the net sales of the PCB segment were
divided by region as follows: Europe 68% (56%), Asia 21% (22%) and the
Americas 11% (22%). The Finnish plants’ share of net sales was 58% while the
Asian factories accounted for 42%.

The operating profit of the segment during the fourth quarter was EUR -2.1
million (-0.1).

In January-December 2004, the PCB segment net sales increased to EUR 152.3
million (142.5), thanks to the strong growth in volumes. The figures for the
previous year include the Teuva plant, divested in August 2003, which had net
4(12)
sales amounting to EUR 6.7 million. The comparable net sales of the plants in
Finland (Salo and Oulu) increased by 10% while the plants in Asia (China and
Thailand) increased their net sales by 20%.

The 4 percentage units increase in share of high-tech products and larger
volumes at the beginning of the year resulted in improved profitability
compared with the previous year. The January-December operating profit of the
segment was EUR 2.2 million (-11.1). The financial results of the segment
include Aspocomp’s share of approximately EUR 2 million in expenses from the
joint venture companies Asperation and Imbera Electronics.

Mechanics and Modules

The net sales of the Mechanics and Modules business decreased during the last
quarter of the year 2004 by 17% to EUR 9.9 million (12.0). The decline in net
sales was mainly because of the high volume product of the Oulu plant which
is aimed at the telecommunications market, reached the final phase of its
life cycle. The number of products delivered to the other branches of
industries remained at a fair level.

The operating profit of the segment was EUR 1.4 million (2.2).

In January-December, the net sales of the Mechanics and Modules business
increased by 13% to EUR 45.1 million (39.8). The growth was primarily
attributable to exceptionally strong demand in the telecommunication networks
market in early 2004. In the end of 2004 sales decreased and profitability
weakened.

The operating profit improved to EUR 7.5 million (5.8).

FINANCING, INVESTMENTS and EQUITY RATIO

The Group’s liquidity during the period under review was good. In the end of
the report period the Group’s liquid assets totaled EUR 33.2 million (29.8).
Interest-bearing net debt totaled EUR 10.7 million (24.8), including EUR 22.7
million (26.3) financial leasing liabilities consolidated in the Group
Balance Sheet. Gearing was 8.6% (20.3%), while gearing without the
consolidated financial leasing liabilities was -9.6% (-1.3%). Non-interest-
bearing debts amounted to EUR 29.8 million (37.1).

Investments totaled EUR 15.7 million (13.8), or 8.0% of net sales (7.6%).
Investments were significantly smaller than depreciations that were (EUR 23.9
million). EUR 5.1 million was invested in Asia and EUR 10.7 million in
Europe. Net financial expenses as a percentage of net sales totaled 0.5%
(0.7%).

The Group’s equity ratio at the end of year was 62.9% (57.1%).

SHARES AND SHARE CAPITAL

On December 31, 2004, the total number of Aspocomp shares was 20,082,052 and
the share capital at EUR 20,082,052. Of the total amount of shares, 200,000
of them are held by the company itself. The book countervalue of these shares
5(12)
is EUR 200,000 and these shares represent 1% of the total votes of all
shares. The number of shares adjusted for Aspocomp’s own shareholding was
19,882,052. Before December’s bonus issue, a total of 4,849,970 shares in
Aspocomp Group Oyj were exchanged on the Helsinki Exchanges i.e. adjusted for
share issue 9,699,940. After December’s bonus issue, 700,990 shares were
exchanged. The total amount of share issue adjusted shares exchanged in 2004
was 10,400,930 shares. The grand total of these transactions amounted to EUR
62,388,509. The lowest price paid for the shares was EUR 4.65 (December 23,
2004), the highest share issue adjusted price was EUR 7.11 (April 14, 2004),
and the average was EUR 6.00. The closing price on December 30, 2004 was EUR
4.86, and the market capitalization of the company was EUR 96.6 million.
Nominee-registered shares represented 7.18% of the share capital while 0.58%
of it was held directly by foreign shareholders.

On April 2, 2004, the Annual General Meeting of Aspocomp Group Oyj authorized
the Board of Directors to decide on acquiring and/or conveying its own shares
and on a share issue and/or taking of convertible loans. The authorizations
are valid for one year from the date of the Annual General Meeting. At the
same time, the Annual General Meeting cancelled similar authorizations
granted on April 4, 2003. The Board of Directors has not used the
authorizations granted by the Annual General Meeting on April 2, 2004.

The extraordinary general meeting of Aspocomp Group Oyj that was held on
December 14, 2004 decided on, in accordance with the proposal by the Board of
Directors, to increase the share capital with a bonus issue in the sum of EUR
10,041,026, which will increase it from EUR 10,041,026 to EUR 20,082,052.

The company’s share capital was increased by a bonus issue in the amount of EUR
10,041,026, raising it from EUR 10,041,026 to 20,082,052. In the bonus issue,
one old share entitled one new share. A total of 10,041,026 new shares were
issued. After the share capital was increased, the number of shares for the
company stood at 20,082,052 shares. The book countervalue of all of the shares
is EUR 1.00.

The record date for the bonus issue was December 17, 2004. The new shares were
entered in the shareholders’ book-entry account on December 20, 2004. They
entitle the holder to a full dividend for the reporting year that started on
January 1, 2004 and they generate the other rights related to shares once the
increase in the share capital has been registered in the trade register. The
new shares have been the unit of trading on the Helsinki Exchanges (HEX)
together with the old shares since December 20, 2004.

On December 3, 2004, the company received special permission from the Financial
Supervision Authority not to release a prospectus in conjunction with the bonus
issue.

PERSONNEL

The average number of employees in the Aspocomp Group during the period 1
January – 31 December 2004 was 3,508 (3,330). At the end of December 2004
there were 3,438 employees (3,426).

Average number Average number Number Number
2004 2003 2004 2003
Jan 1-Dec 31 Jan 1-Dec 31 Dec 31 Dec 31
6(12)
Europe 995 1,053 984 955
Thailand 1,392 1,296 1,353 1,360
China 1,121 981 1,101 1,111
Total 3,508 3,330 3,438 3,426

MANAGEMENT

On 2 February 2004, the Board of Directors of Aspocomp Group Oyj appointed Ms
Maija-Liisa Friman M.Sc. (Chem. Eng.) as the President and CEO of the
company. She took up her new position on 1 April 2004.

The Annual General Meeting of Aspocomp Group Oyj held on 2 April 2004
approved the Board’s proposal for changing Articles 6 and 15 of the Articles
of Association, relating to the term of office of Board Members, so that the
Members are now elected for one year at a time.

On 2 April 2004, the Annual General Meeting of Aspocomp Group Oyj decided that
the Board of Directors shall consist of six Members. Jorma Eloranta has
announced that he is not available when the members of the Board of Directors
are being selected. Aimo Eloholma, Roberto Lencioni, Tuomo Lähdesmäki, Gustav
Nyberg and Karl Van Horn were re-elected as Board Members, and Anssi Soila was
elected as a new Member. The authorized public auditing firm
PricewaterhouseCoopers Oy was appointed as the Auditor for the company.

In its organization meeting on 2 April 2004, the Board re-elected Tuomo
Lähdesmäki as Chairman of the Board, while Karl Van Horn was elected as Vice-
Chairman. As members of the Compensation and Nomination Committees, the Board
elected Aimo Eloholma, Roberto Lencioni and Tuomo Lähdesmäki, who was also
appointed as Chairman for both committees. Karl Van Horn, Gustav Nyberg and
Anssi Soila were elected by the Board as members of the Audit Committee. The
Board appointed Gustav Nyberg as Chairman of the Audit Committee.

On 2 April 2004, the Board decided that each Member of the Board or an entity
under his influence shall spend 40% of his annual remuneration in buying
shares in the company during the period 10 May – 18 June 2004, which took
place within the limitations of insider trading rules. The Board also decided
that the members won’t convey the acquired shares before the Annual General
Meeting of 2005.

The company amended its Corporate Governance system in June so that it now
complies with the recommendation given to the listed companies by the
Helsinki Exchanges in December 2003.

On December 7, 2004, Rami Raulas (M.Sc. Economics and Business
Administration) became Senior Vice President, Sales and Marketing of the
Aspocomp Group and a member of the Group’s Management Team.

During the reporting year, The Board of Directors met a total of 12 times and
the participation percentage for the members of the Board of Directors was
97.2%.

ASPOCOMP S.A.S.

7(12)
In May, the Evreux Labour Court rendered its decision on redundancy notices of
the closing of the heavily unprofitable Aspocomp S.A.S. in Evreux, France in
2002. According to the decision, Aspocomp should pay to 388 persons issued with
notice a compensation equivalent to six months remuneration due to unfair
dismissal. The estimated compensation would total to approximately EUR 6.6
million. The expense has not been recorded.

In the view of experts employed by Aspocomp, the decision is not in line
with prevailing legal usage. The decision has been appealed. The appeal was
considered for the first time after the report period on February 2, 2005 in
superior court in Rouen, France. It has been estimated that the decision from
the first appellate level will be available during the first half of 2005. Based
on current estimates, legal proceedings are expected to continue for several
years before final decisions are made.

IFRS IMPLEMENTATION

The Aspocomp Group will introduce IFRS (International Financial Reporting
Standards) at the beginning of 2005. Aspocomp has already been recording all
financial leasing agreements as assets and liabilities since 1999. The fixed
expenditure of finished product inventories has been capitalized, and imputed
tax liabilities and receivables have been recorded.

In connection with the disability pension portion of the Finnish pension
system no significant long-term liabilities will be recorded in IFRS-based
financial accounts because the disability pensions were changed to be a
defined contribution plan by the decisions made by the authorities in
December 2004. The changes will be valid starting January 1, 2006.

The introduction of IFRS is not expected to have any substantial influence on
the Group’s equity at the time of changeover.

Before the first interim report of 2005 Aspocomp will publish a stock
exchange release about comparative IFRS information on 2004 and an
explanation of the differences to the previous practices.

PROPOSAL FOR THE DISTRIBUTION OF DIVIDEND

The Board of Directors will propose at the Annual General Meeting to be held
on April 7, 2005, that a dividend of EUR 0.30 per share (0.15) be distributed
to the shareholders. According to the proposal of the Board the dividend
record date will be April 12, 2005 and the dividends will be paid on April
19, 2005.

PROSPECTS

In its core PCB segments, Aspocomp intends to grow faster than the market in
average. Market researchers and device manufacturers are currently predicting
a volume growth of approximately 7-10% for handheld devices. The
telecommunications network market growth is forecasted to be slower than the

handheld device market. The demand for PCBs in the automotive industry is
forecasted to develop favorably and increase by a slightly less than 5%.
8(12)
Aspocomp’s net sales are forecasted to increase but the Group’s net profit to
decrease for the whole fiscal year. The core PCB segment should increase net
sales and profitability for the whole fiscal year. Mechanics and modules profits
will be down dramatically. The share of Group’s minority interests of profits
will increase.
The net sales for Aspocomp Group are forecasted to be lower in the first quarter
than those of the corresponding quarter the previous year (net sales 1-3/2004:
EUR 47.6 million) and earnings per share are expected to be negative.

ASPOCOMP GROUP INCOME STATEMENT, OCTOBER – DECEMBER

10-12/04 10-12/03
MEUR % MEUR %

NET SALES 44.7 100.0 50.5 100.0

Other operating income 0.5 1.1 0.5 1.0

Depreciation and write-downs -5.7 -12.7 -6.3 -12.5

OPERATING PROFIT/ LOSS -0.8 -1.7 2.0 4.0

Financial income and expenses 0.0 0.1 -0.2 -0.5

PROFIT/ LOSS BEFORE
EXTRAORDINARY ITEMS AND TAXES -0.7 -1.7 1.8 3.5

Extraordinary income 0.0 0.0 0.0 0.0
Extraordinary expenses 0.0 0.0 0.0 0.0

PROFIT/ LOSS
BEFORE TAXES -0.7 -1.7 1.8 3.5

Taxes 0.6 1.3 1.9 3.8
Minority interests 0.0 0.1 0.2 0.4

PROFIT/ LOSS
FOR THE PERIOD -0.1 -0.3 3.9 7.8

EARNINGS PER SHARE -0.01 0.20

Accrued taxes for this period have been calculated in accordance with the
corporate tax rate in force during the period under review and they include
taxes brought forward from earlier periods.

ASPOCOMP GROUP INCOME STATEMENT, JANUARY – DECEMBER

1-12/04 1-12/03
MEUR % MEUR %

NET SALES 197.4 100.0 182.3 100.0
Other operating income 1.3 0.6 1.2 0.7

Depreciation and write-downs -23.9 -12.1 -29.7 -16.3
9(12)
OPERATING PROFIT/LOSS 9.7 4.9 -5.3 -2.9

Financial income
and expenses -1.0 -0.5 -1.3 -0.7

PROFIT/LOSS BEFORE
EXTRAORDINARY ITEMS AND TAXES 8.7 4.4 -6.6 -3.6

Extraordinary income 0.0 0.0 0.0 0.0
Extraordinary expenses 0.0 0.0 0.0 0.0

PROFIT/LOSS
BEFORE TAXES 8.7 4.4 -6.6 -3.6

Taxes -0.4 -0.2 3.5 1.9

Minority interests -2.3 -1.1 2.2 1.2

PROFIT/LOSS
FOR THE PERIOD 6.0 3.0 -0.9 -0.5

EARNINGS PER SHARE 0.30 -0.04

Accrued taxes for this period have been calculated in accordance with the
corporate tax rate in force during the period under review and they include
taxes brought forward from earlier periods.

BALANCE SHEET
12/04 12/03 Change
MEUR MEUR %
Fixed assets

Intangible assets 3.4 4.2 -19.0
Tangible assets 91.7 105.2 -12.9
Investments 1.7 1.7 3.8

Current Assets

Inventories 22.6 20.8 8.7
Receivables 46.7 52.7 -11.4
Investments 25.0 20.8 20.1
Cash and bank deposits 8.2 8.9 -8.3

TOTAL ASSETS 199.2 214.2 -7.0

Shareholders’ equity

Share capital 20.1 10.0 100.0
Other shareholder’s equity 83.1 92.1 -9.7
Minority interests 22.3 20.5 9.1
Mandatory reserves 1.9 1.7 15.2
Long-term liabilities 21.1 28.7 -26.5
Short-term liabilities 50.7 61.3 -17.2

TOTAL LIABILITIES AND
10(12)
SHAREHOLDERS’ EQUITY 199.2 214.2 -7.0

CASH FLOW STATEMENT
10-12/04 10-12/03
MEUR MEUR

Cash flow from operations 11.4 16.2
Cash flow from investments -6.8 -4.8
Cash flow before financial items 4.6 11.4
Decrease in long-term financing -3.4 -1.3
Decrease/Increase in short-term financing 1.3 0.3
Dividends paid 0.0 -0.5
Minority interest in the subsidiary share issue 0.0 0.0
Total financing -2.2 -1.4
Increase in liquid assets 2.4 10.0
Liquid assets at the end of the period 33.2 29.8

CASH FLOW STATEMENT
1-12/04 1-12/03
MEUR MEUR

Cash flow from operations 29.8 25.4
Cash flow from investments -15.7 -11.3
Cash flow before financial items 14.1 14.1
Decrease in long-term financing -7.5 -7.0
Decrease/increase in short-term financing -1.8 5.0
Dividends paid -3.0 -3.0
Minority interest in the subsidiary share issue 1.1 –
Total financing -11.2 -5.0
Increase in liquid assets 2.9 9.0
Liquid assets at the end of the period 33.2 29.8

BUSINESS SEGMENTS
10-12/04 10-12/03 1-12/04 1-12/03
MEUR MEUR MEUR MEUR
Printed Circuit Boards
Net sales 34.8 38.5 152.3 142.5

Printed Circuit Boards
Operating profit -2.1 -0.1 2.3 -11.1

Mechanics and Modules
Net sales 9.9 12.0 45.1 39.8

Mechanics and Modules
Operating profit 1.4 2.2 7.4 5.8

KEY FINANCIAL INDICATORS
12/03 12/03

Return on Investment (ROI), % 6.3 -1.9

11(12)
Return on Equity, % 6.7 -2.4

Equity/share, EUR 5.15 10.20

Equity ratio, % 62.9 57.1

Gearing, % 8.6 20.3

Gross investments, MEUR 15.7 13.8

Average number of personnel 3,508 3,330

CONTINGENT LIABILITIES
12/04 12/03
MEUR MEUR

Securities on Group liabilities 7.5 8.0
Operational leasing liabilities 0.1 0.2
Other liabilities 22.1 24.4

TOTAL 29.7 32.6

DERIVATIVE CONTRACTS
12/04 12/03
MEUR MEUR
Foreign Currency Forward Contracts
Market Value 0.1 0.0
Nominal Value 2.6 4.6

Electricity Forward Contracts
Market Value -0.1 0.0
Nominal Value 0.7 0.7

All figures are unaudited.

Vantaa 16.2.2005

ASPOCOMP GROUP OYJ

Board of Directors

For further information, please contact CEO Maija-Liisa Friman,
Tel. +358 9 7597 0711.

ASPOCOMP GROUP OYJ

Maija-Liisa Friman
President and CEO

12(12)
PRESS CONFERENCE

A press conference intended for investors, analysts and media representatives
will be held on 16 February 2005 at 11:00 a.m. in the Paavo Nurmi conference
hall of Hotel Kämp at Pohjoisesplanadi 29, Helsinki.

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.

Some statements in this stock exchange release are forecasts and actual
results may differ materially from those stated. Statements in this stock
exchange release relating to matters that are not historical facts are
forecasts. All forecasts involve known and unknown risks, uncertainties and
other factors, which may cause the actual results, performances or
achievements of the Aspocomp Group to be materially different from any future
results, performances or achievements expressed or implied by such forecasts.
Such factors include general economic and business conditions, fluctuations
in currency exchange rates, increases and changes in PCB industry capacity
and competition, and the ability of the company to implement its investment
programme and to continue to expand its business outside the European market.

Distribution:
The Helsinki Exchanges
Major Media
www.aspocomp.com