NOTIFICATION RELATING TO TRANSACTION THAT WILL UPON ITS COMPLETION LEAD TO CHANGE OF OWNERSHIP

30.03.2007

NOTIFICATION RELATING TO TRANSACTION THAT WILL UPON ITS COMPLETION LEAD TO CHANGE OF OWNERSHIP


Aspocomp Group Oyj Major shareholder announcement March 30, 2007 at 5:30 pm

Aspocomp Group Oyj has today received the following notice:

The Board of Directors of Aspocomp Group Oyj made on 21 March 2007 a resolution, based on an authorization given by the Extraordinary Shareholders’ Meeting of the company on 19 January 2007, to issue 4,000,000 warrants in accordance with Section 10 subsection 1 of the Finnish Companies Act. All of these options have been today subscribed for by Standard Chartered Bank (Hong Kong) Limited. The share ownership of Standard Chartered Bank (Hong Kong) Limited will, upon subscription of the shares under the warrants change as follows.

The share ownership of Standard Chartered Bank (Hong Kong) Limited will exceed, if it uses its right to subscribe for the shares in full and after the shares subscribed for have been registered in the Finnish Trade Register, 15% of the share capital and votes of Aspocomp Group Oyj. The threshold remains the same even if the number of shares that can be subscribed for is calculated with reference to currently registered share capital (as required by the securities legislation). The share issue of Aspocomp Group Oyj which is currently under way has not been taken into account in the calculation of the above threshold.

1. Name of the Target Company: Aspocomp Group Oyj

2. Exact portion of the share capital and votes in Aspocomp Group Oyj

Standard Chartered Bank (Hong Kong) Limited will own, if it uses its right to subscribe for the shares in full and after the shares subscribed for have been registered in the Finnish Trade Register, the following number of shares in Aspocomp Group Oyj.

Shares combinedVotes CombinedActual maximum proportion of shares and votesProportion of shares and votes (currently regist. share capital)
4,000,0004,000,00016.61%19.92%


The current share capital as registered in the Trade Register consists of the total of 20,082,052 shares and the total number of votes attaching to the shares is 20,082,052.

3. The full names and corporate identity numbers of the company and the share owner

Aspocomp Group Oyj, 1547801-5

Standard Chartered Bank (Hong Kong) Limited, company number 875305 and its registered office at 32/F. , 4-4A Des Voeux Road, Central, Hong Kong

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

ASPOCOMP GROUP OYJ

Maija-Liisa Friman
President and CEO

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 are strongly positioned as a supplier of mobile data terminal equipment components and aim to further bolster 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.

The Aspocomp Group’s production facilities are located close to its customers in Finland, China, and Thailand. In 2006, the Group’s net sales stood at EUR 149 million and it had about 3,350 employees.

Distribution:
The Nordic Exchange
Major media
www.aspocomp.com